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Mall Landlord Washington Prime Nets Smooth Exit From Chapter 11 - The Wall Street Journal

A bankruptcy judge who expected intense fighting when Washington Prime Group Inc. filed for chapter 11 said he was surprised when the mall landlord’s creditors and shareholders reached broad agreement on its restructuring terms.

Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston confirmed the company’s bankruptcy-exit plan, which cuts nearly $950 million in debt and hands equity control to investment firm Strategic Value Partners LLC.

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September 04, 2021 at 04:43AM
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Mall Landlord Washington Prime Nets Smooth Exit From Chapter 11 - The Wall Street Journal
"smooth" - Google News
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