Tag Archives: Neiman Marcus

Hedge Fund Founder Charged In Neiman Bankruptcy

Just in from Justice Department: Audrey Strauss, the Acting United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that DANIEL KAMENSKY, the founder and manager of New York-based hedge fund Marble Ridge Capital (“Marble Ridge”), was …

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Neiman Marcus To Vacate New Store At Hudson Yards

From the fashion site Hypebeast: Ever since Neiman Marcus filed for Chapter 11 bankruptcy protection back in May, there has been rumors and speculation that the retail giant would vacate its Hudson Yards location, some even suggesting that it could become a Facebook office. Regardless of what the Hudson Yards space may now be used for, Neiman Marcus has finally …

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Brand New NYC Neiman Store Shopped As Office Space

The New York Post reports: The Neiman Marcus store at Hudson Yards is being eyed for office space. Opened barely a year ago at the swanky mega mall it anchored on Manhattan’s West Side, the bankrupt luxury retailer is considering closing the store for good while its landlord shops the three-story, 188,000-square-foot space to office tenants. Related Companies and Oxford …

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Neiman Marcus Files Chapter 11 Bankruptcy Protection

The Dallas Morning News reports: The first high-profile retail casualty of the global coronavirus pandemic is a 113-year-old luxury retailer that put Dallas on the world’s fashion map. Neiman Marcus said it will shed $4 billion of its debt in the bankruptcy reorganization filed Thursday in U.S. bankruptcy court in Houston. The company said it plans to emerge from bankruptcy …

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Neiman Marcus To Seek Bankruptcy Protection

Reuters reports: Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said. The debt-laden Dallas-based company has been left with few options after the pandemic forced it to temporarily shut all 43 …

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