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Business bankruptcy filings in New York soared last month (Credit: iStock)

Chapter 11 bankruptcies in New York at historic high: TRD Insights

The year started slowly for Chapter 11 bankruptcy filings in New York Eastern Bankruptcy Court, with fewer in January...

Chapter 11 bankruptcies in New York at historic high: TRD Insights
Forever 21 cancels auction (Credit: Getty Images)

Forget the Forever 21 auction: Simon Property Group, Brookfield to buy retailer

In the end, Forever 21 had no choice. The retailer agreed to an offer of $81 million from a...

Forget the Forever 21 auction: Simon Property Group, Brookfield to buy retailer
From left: Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Forever 21 CEO Do Won Chang (Credit: Getty Images)

Forever 21 will sell to Simon, Brookfield-led partnership at bargain-basement price

Two top mall owners and a brand management company are teaming up to buy troubled retailer Forever 21 at...

Forever 21 will sell to Simon, Brookfield-led partnership at bargain-basement price
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