News

December 2, 2020         In the J.C. Penney bankruptcy case, the Court entered an order confirming the Plan of Reorganization. The Plan provides for a sale transaction under which an entity controlled by Brookfield Asset Management, Inc. and Simon Prope ... Read more
Peyton Radford
November 25, 2020         Yesterday, in the JC Penney bankruptcy case, the Court entered an order confirming the Plan of Reorganization. The Plan provides for a sale transaction under which an entity controlled by Brookfield Asset Management, Inc. and Simon Pr ... Read more
Peyton Radford
November 18, 2020           Chipotle Mexican Grill is opening its first digital-only restaurant, called the Chipotle Digital Kitchen, in Highland Falls, NY. Rather than the typical fast-casual service line, the Digital Kitchen will con ... Read more
Peyton Radford
November 11, 2020           J. C. Penney announced that the Bankruptcy Court approved the asset purchase agreement (APA) with Brookfield Asset Management, Inc., Simon Property Group, and the Company’s DIP and First Lien Lenders. The a ... Read more
Peyton Radford
November 5, 2020         Yesterday, Pet Retail Brands announced plans to wind down all of Pet Valus U.S. operations, while keeping its Canadian business intact. The Company expects to close all of its 358 Pet Valu locations in the United State ... Read more
Peyton Radford
October 28, 2020     In the J.C. Penney bankruptcy case, the Debtors provided notification that following mediation, Simon Property Group and Brookfield Asset Management, the Majority Lender Group, and the Debtors reached agreement on all outstanding business points in ... Read more
Peyton Radford
October 21, 2020         In a filing with the SEC related to the J.C. Penney bankruptcy case, the Debtors stated that they plan to file a draft version of an asset purchase agreement (APA) later today. The APA was prepared with the other parties to a pr ... Read more
Peyton Radford
October 14, 2020         Yesterday, Bed Bath & Beyond announced the sale of its Christmas Tree Shops banner, its Linen Holdings business, and a distribution center in Florence, NJ to Handil Holdings and The Linen Group, in separate agreements  ... Read more
Peyton Radford
October 7, 2020     Ruby Tuesday announced today that it has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. Prior to its filing, the Company reached an understanding with its secured lenders to support its restructuring through f ... Read more
Peyton Radford
September 30, 2020     Amazon is reportedly bringing its new Amazon Fresh grocery format to Whittier, CA, occupying a shuttered Orchard Supply Hardware store. Nearby competitors include ALDI, Ralph’s, Trader Joe’s, and Target. As reported in last week& ... Read more
Peyton Radford

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