bankruptcy


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Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
National

Struggling hotel company handing Brookfield the keys

Out of options, a struggling hospitality trust is handing over its control to Brookfield Asset Management through the bankruptcy...

Struggling hotel company handing Brookfield the keys
AMC CEO Adam Aron (Getty, iStock)
National

AMC reopens 90% of U.S. theaters

The show is going on for AMC. The international movie theater chain has reopened nearly 90 percent of its U.S. cinemas. AMC Entertainment Holdings said Wednesday that 527 out of 589 domestic theaters have...

AMC reopens 90% of U.S. theaters
Ascena owns Ann Taylor, Lane Bryant, Lou & Grey and Cacique. (Getty)
National

Ascena restructuring approved post-bankruptcy

A bankruptcy court has approved Ascena Retail Group’s Chapter 11 plans. Under the plans, Ascena — which owns Ann...

Ascena restructuring approved post-bankruptcy
The bankruptcy filing was made to protect the value of the Denizen. (The Denizen)

All Year LLC opts for bankruptcy to stop Bushwick foreclosure

 Three weeks ago, Yoel Goldman’s All Year Management sued Mack Real Estate to stave off the foreclosure of $65...

All Year LLC opts for bankruptcy to stop Bushwick foreclosure
David Umansky of Civic Builders and 720 Livonia Ave in Brooklyn (Photos via Google Maps, Civic Builders)

Charter school developer buys Brooklyn site out of bankruptcy

Civic Builders, which finances and builds school buildings for charter school networks, purchased a 28,000-square-foot school building at 720...

Charter school developer buys Brooklyn site out of bankruptcy
Rui Barros, former head of Quarters in the U.S. and Esther Bahne, CEO of Quarters. (Getty, LinkedIn via Rui Barros, Quarters)

How Quarters’ $300M US expansion ended in bankruptcy

 Developer Dana Spain was weeks away from finishing construction on a $20 million co-living project when she learned her...

How Quarters’ $300M US expansion ended in bankruptcy

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