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Hudson s Bay Co. ordered to pay outstanding rent to landlord Oxford Properties
by Tara Deschamps, The Canadian Press
Posted Jun 25, 2021 2:47 pm EDT
The Hudson s Bay Company sign in downtown Toronto, Wednesday July 16, 2008. Catalyst Capital Group Inc. is seeking a hearing at the Ontario Securities Commission to block a rival takeover offer for Hudson s Bay Co. by a group led by the retailer s executive chairman. THE CANADIAN PRESS/Adrian Wyld
Hudson’s Bay Co. is being ordered to pay up after it withheld rent from a prominent mall landlord.
Ontario Superior Court Judge Cory Gilmore told the Toronto-based department store chain this week to pay rent it is owing Oxford Properties Retail Holdings for its Hillcrest Mall location in Richmond Hill, Ont.