Bankruptcies
Belk Becomes The In-And-Out Of Bankruptcy
3 days ago | Forbes
The department store chain got its bankruptcy plan approved this week in one of the quickest chapter 11 proceedings in retail history
Read more ...
Adam Neumann will reportedly leave WeWork's board for a year as part of his SoftBank settlement - and take home an extra $50 million payout
3 days ago | Business Insider
Summary List Placement WeWork cofounder Adam Neumann stepped down as CEO in 2019 following intense public scrutiny - and now he's reportedly set to leave its board, too, under...
Read more ...
Judge approves Chapter 11 bankruptcy plan for Belk chain
4 days ago | My Sanantonio
CHARLOTTE, N.C. - A judge approved Chapter 11 bankruptcy plans for North Carolina-based Belk on Wednesday, creating a new infusion of capital and cutting the debt load for the...
Read more ...
Macerich taps PJT Partners for assistance
4 days ago | The Real Deal New York
As Macerich battles liquidity issues, the mall owner has tapped an investment bank for assistance managing its debt. PJT Partners, whose specialties include debt restructuring...
Read more ...
Belk files for Chapter 11 bankruptcy
4 days ago | WRAL
The North-Carolina based company will have a hearing for emergency relief on Wednesday.
Read more ...
All Year LLC opts for bankruptcy to stop Bushwick foreclosure
5 days ago | The Real Deal New York
Three weeks ago, Yoel Goldman's All Year Management sued Mack Real Estate to stave off the foreclosure of $65 million in mezzanine debt. The move bought the developer time to...
Read more ...
Toby Moskovits' Williamsburg Hotel enters bankruptcy
5 days ago | The Real Deal New York
Toby Moskovits' distressed Williamsburg Hotel has entered into bankruptcy. Heritage Equity Partners, under the LLC 96 Wythe Acquisition, filed for Chapter 11 protection Tuesday...
Read more ...
Emerald Equity siphoned security deposits at now-bankrupt buildings
5 days ago | The Real Deal New York
Instead of setting aside $470,000 in security deposits at 11 East Harlem buildings, Isaac Kassirer's Emerald Equity Group says it siphoned the money into its operating...
Read more ...
Century 21 is plotting a comeback in the US and NYC
5 days ago | New York Post
Century 21 is stitching together a comeback bid. The 60-year-old retailer - whose lower Manhattan flagship famously survived the 9/11 terrorist attacks, only to be shuttered...
Read more ...
Newmark earnings fell 37% in 2020
9 days ago | The Real Deal New York
If Newmark Group goes ahead with its planned acquisition of Knotel, does that make the commercial real estate services firm a competitor to its landlord clients? “Just the...
Read more ...
Register you to post on News Times
Free Registration
CDC advisory panel recommends J&J single-dose Covid vaccine
A CDC advisory panel on Sunday unanimously recommended Johnson & Johnson's single-dose coronavirus vaccine for Americans 18 and older, one of the last steps needed for the shot... Read more ...
RNC Chair Ronna McDaniel says despite GOP divisions over Trump impeachment...
Summary List Placement Republican National Committee Chair Ronna McDaniel on Sunday said that the GOP remains "overwhelmingly" united despite divisions among lawmakers who... Read more ...
Syrian air defenses repel ‘Israeli aggression' over Damascus, intercept most...
Syrian air defences have shot down most of the missiles targeting the area outside Damascus from the territory of the occupied Golan Heights, the country's state media... Read more ...
AG Reject's Cuomo's Plan for Harassment Probe
After a plan by New York Gov. Andrew Cuomo to have a retired federal judge review sexual harassment allegations against him drew criticism, Cuomo's office on Sunday asked that... Read more ...
AP source: Royals, Dozier agree to $25M, 4-year deal
KANSAS CITY, Mo. - The Royals and third baseman Hunter Dozier have agreed to a $25 million, four-year contract that includes a fifth-year option, a person with knowledge of the... Read more ...
Rangers fall flat in rematch loss to Bruins
Charlie McAvoy had a goal and an assist, leading the Boston Bruins to a 4-1 win against the New York Rangers on Sunday. Tuukka Rask made 20 saves and earned his 299th NHL... Read more ...
Golfers support Tiger Woods by wearing his signature Sunday outfit
Fellow golfers are showing their collective support for Tiger Woods, who was involved in a serious rollover car accident last week in which he sustained compound fractures in... Read more ...
White House staffer describes 'a complete lack of empathy' during Trump...
Summary List Placement While former President Donald Trump and many of his aides were battling their own bouts with COVID-19 last year, the White House residence staff never... Read more ...
Bad timing: Iran rejects EU & US offer to hold direct talks on reviving 2015...
Iran won't take part in an informal meeting with the EU and US on ways to restore the nuclear deal, the Iranian Foreign Ministry said, citing recent US actions. It said... Read more ...
I-75 SB reopened near Norwood Lateral after accident
Southbound I-75 has reopened near the Norwood Lateral. Read more ...