Jon Adgemis raised the white flag last October.With forces closing in from all sides, he declared himself bankrupt to avoid the ignominy of being compelled by…

Advisory firm says specialized workouts are becoming increasingly important as Korean investors manage troubled overseas property investments Tailwind Real Estate Partners managing partners Oh Jong-yoon (left)…

Liquidation sales at Hudson’s Bay’s remaining stores got underway this morning with a hearty showing from customers who revelled in discounts of up to 70 per…

Hudson’s Bay Co. has stopped paying commission to hundreds of cosmeticians and fragrance advisers during liquidation sales, effectively reducing their salaries.These workers, also known as beauty advisers,…

Whether or not Hudson’s Bay Company will have to undergo a full liquidation or be able to keep some stores afloat while it restructures is still…