Page 16 - ஒன்றுபட்டது மாநிலங்களில் திவால்நிலை நீதிமன்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Ohio-based mall owner files for bankruptcy - Portsmouth Daily Times
portsmouth-dailytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from portsmouth-dailytimes.com Daily Mail and Mail on Sunday newspapers.
Iowa shopping mall owner files for bankruptcy | AM 600 WMT
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
By Trent Rice
Photo: Getty Images
DES MOINES, Iowa The company that owns a pair of Iowa shopping malls is filing for bankruptcy.
Ohio-based Washington Prime Group, which owns Lindale Mall in Cedar Rapids and Southern Hills Mall in Sioux City, filed for Chapter 11 bankruptcy protection this week.
The COVID-19 pandemic forced the company to temporarily close some of its roughly 100 shopping centers across the country as businesses were unable to pay rent.
A filing made in the United States Bankruptcy Court for the Southern District of Texas says the company’s estimated assets ranged from $1 billion to $10 billion as did its estimated liabilities.
Owner of Southgate Mall files for Chapter 11 bankruptcy
MTN News file
and last updated 2021-06-14 17:07:07-04
MISSOULA â The corporate owner of Missoulaâs Southgate Mall has filed for Chapter 11 bankruptcy due to the COVID-19 pandemic.
Washington Prime Group (WPG) the countryâs largest mall operator announced the âvoluntaryâ Chapter 11 bankruptcy filing on Sunday.
A news release states a restructuring deal is in place âwith creditorsâ and Washington Prime Group âhas secured $100 million in new money debtor-in-possession financingâ in order âto support day-to-day operations.â
âWashington Prime Groupâs guests, retailers, and business partners can expect business as usual at all of the Companyâs retail town centers throughout the proceedings,â according to the news release.
By Trent Rice
Photo: Getty Images
DES MOINES, Iowa The company that owns a pair of Iowa shopping malls is filing for bankruptcy.
Ohio-based Washington Prime Group, which owns Lindale Mall in Cedar Rapids and Southern Hills Mall in Sioux City, filed for Chapter 11 bankruptcy protection this week.
The COVID-19 pandemic forced the company to temporarily close some of its roughly 100 shopping centers across the country as businesses were unable to pay rent.
A filing made in the United States Bankruptcy Court for the Southern District of Texas says the company’s estimated assets ranged from $1 billion to $10 billion as did its estimated liabilities.
vimarsana © 2020. All Rights Reserved.