National
J.C. Penney bankruptcy plan approved by judge
A U.S judge has approved a deal to allow J.C. Penney to emerge from bankruptcy, preventing a massive liquidation...
bankruptcies
The Latest
National
Retail bankruptcies on pace to rival 2010: report
It’s been a difficult year for retailers, and things may get worse before they get better: The number of...
Largest Westchester hotel project in 20 years files for bankruptcy
UPDATED, Sept. 21, 10:18 a.m.: A hotel project pegged as a catalyst for the revitalization of downtown New Rochelle...
National Insights
How a co-working firm’s bankruptcy endangers CMBS loans
Hit hard by its subtenants’ inability to pay on time, an affiliate of executive suites and co-working company International...
National
J.C. Penney’s lenders could take it over, liquidate assets
J.C. Penney’s lenders are preparing to take control of the struggling retailer after discussions with its bidders have hit...
Insights
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...
National
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...
National
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...