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What happens after a mall defaults on its loans?

Oct 27, 2020
The dominoes just keep falling: Banks, utilities, internal employees, maintenance crews — they could all lose out.
Screen shot PREIT marketing materials

What do April's dismal retail sales mean for chains filing Chapter 11?

May 15, 2020
Retail sales numbers fell by more than 16% in April. For clothing retailers, they were down by 79%.
A store closing its doors in Chicago. Sales have plummeted, especially for apparel shops.
Scott Olson/Getty Images

What a Chapter 11 retail bankruptcy looks like on the ground

Mar 23, 2018
Multibillion-dollar retailers are enormous machines, with a complex network of suppliers and tens of thousands of workers around the country. Chapter 11 puts them in limbo.
Toys R Us filed for liquidation in a U.S. Bankruptcy court and plans to close 735 stores, leaving 33,000 workers out of jobs. Above, a Toys R Us store in Emeryville, California.
Justin Sullivan/Getty Images

The Weinstein Company files for bankruptcy

Feb 26, 2018
Sales talks fell through for the company behind critical hits such as "The Artist."
Producer Harvey Weinstein (R) and his brother producer Bob Weinstein (L) attend the New York premiere of the film "The Road" in New York City.
Mark Von Holden/Getty Images for Dimension Films