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The two sides have been feuding since the COVID-19 pandemic pushed health officials and politicians to force some non-essential retailers to temporarily close to quell the spread of the virus. As Hillcrest and several other malls closed for lengthy periods, HBC stopped paying its rent and argued Oxford was in breach of lease agreements and its contractual duty of good faith because it was no longer operating first-class shopping centres. HBC claimed Hillcrest s status was slipping because it had only been in operation 40 per cent of the time since the first lockdown and it claimed the mall was refusing to make safety upgrades to features like its HVAC system. ....
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. ....
Ont. judge orders HBC to pay outstanding rent to landlord Oxford Properties | iNFOnews infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
HBC ordered to pay rent to Oxford Properties winnipegfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winnipegfreepress.com Daily Mail and Mail on Sunday newspapers.