Chapter 11
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Springfield Mall Owner PREIT Looks to Diversify With 7,000 Apartments
Springfield Mall owner PREIT wants to convert the use of many of its mall properties so developers can build up to 7,000 apartments, writes Paul…
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Saks Bankruptcy Leaves King of Prussia Store Intact — for Now
Luxury retailer Saks Global, which operates Saks Fifth Avenue and Neiman Marcus, has filed for Chapter 11 bankruptcy, writes Erin McCarthy for The Philadelphia Inquirer.…
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Audacy Officially Files For Chapter 11 Bankruptcy
After working diligently to avoid this course of action, Audacy has begun a prepackaged Chapter 11 bankruptcy protection proceeding, writes Jeff Blumenthal for the Philadelphia…
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Postal Service Contractor Shutting Down Sharon Hill Facility, Loss of 75 Jobs
A company that contracts with the U.S. Postal Service to sort and handle mail from trucks and aircraft has decided to close a Delaware County…
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