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Mall owner Washington Prime files for chapter 11 bankruptcy protection

Mall owner Washington Prime files for chapter 11 bankruptcy protection Reuters 3 hrs ago (Reuters) -Mall owner Washington Prime Group filed for chapter 11 bankruptcy protection on Sunday after the COVID-19 pandemic forced it to temporarily close some of its roughly 100 shopping centers across the United States and businesses were unable to pay it rent. Popular Searches The company s estimated assets ranged from $1 billion to $10 billion as did its estimated liabilities, according to a filing made in the United States Bankruptcy Court for the Southern District of Texas. Reuters earlier reported that the Columbus, Ohio-based company, formed in 2014 following a spin-off from mall giant Simon Property Group Inc, was preparing to seek bankruptcy protection as soon as this week.

Mall Operator Washington Prime Falls To The Pressure Of The Pandemic

Mall Operator Washington Prime Falls To The Pressure Of The Pandemic
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

Another Mall Operator Files Bankruptcy

Another Mall Operator Files Bankruptcy
ibtimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com.au Daily Mail and Mail on Sunday newspapers.

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