Category : Search result: HBC bankruptcy filing


Saks Fifth Avenue Owner Files for Bankruptcy

The parent company of luxury retailer Saks Fifth Avenue has filed for bankruptcy protection. Get the latest details on this major business development and its potential impact.

Luxury Retailer Saks Global Files for Bankruptcy

Luxury retail giant Saks Global has filed for bankruptcy protection as it prepares for a significant corporate restructuring. Get the latest details on this major business development.

Saks Global Files for Bankruptcy Protection

Luxury retail giant Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy. The company secures $1.75B in financing to keep stores open while restructuring massive debt.

Saks CEO Steps Down as Bankruptcy Looms

Marc Metrick, CEO of luxury retailer Saks Global, has stepped down as the company faces potential bankruptcy. Get the latest details on this major business shakeup.

Saks Considers Bankruptcy as $100M Payment Looms

Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.

Sonder: From McGill dorm startup to bankruptcy

The dramatic rise and fall of Sonder, the Montreal-born hospitality startup that challenged Airbnb before filing for bankruptcy in 2025. Learn how a student side hustle became a billion-dollar company.

Court Approves HBC's Royal Charter Auction Process

Ontario court approves Hudson's Bay Co.'s auction of its historic 1670 Royal Charter with protections ensuring it remains in Canada and publicly accessible. Read about the unique bidding process.

Canadian Expats in UK: Tax Treaty Guide

Canadian citizens living in the UK face complex tax residency decisions. Learn about the Canada-UK tax treaty, implications for investments, and how to determine your fiscal domicile.

Canacol Energy Seeks Court Protection from Creditors

Calgary-based Canacol Energy Ltd. has obtained court protection from creditors as it pursues financial restructuring. The company filed under the Companies' Creditors Arrangement Act on November 18, 2025.

Hudson's Bay Sells Churchill Painting in Art Auction

The bankrupt Hudson's Bay Company liquidates its fine art collection, featuring Winston Churchill's rare 'Marrakech' painting valued at $400,000-$600,000. Discover Canadian history through art.

How Lenders Spotted Red Flags at First Brands

Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.

NY AG Fights Trump Subpoenas in Court

New York Attorney General Letitia James takes legal action to quash Trump administration subpoenas targeting state environmental records in escalating federal-state clash.

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