Bankrupt Store Chain Sells $175M Unpaid COVID Insurance Claim to Pay Debt December 7, 2020 By Jeremy Hill There’s an unusual asset up for grabs in Century 21 Stores’ going-out-of-business sale: a stake in its long-shot legal fight...
Department Store Blames Insurers As It Files Bankruptcy and Shuts Down September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
Hurricane Florence Has Cat Bond Investors’ Attention September 13, 2018 By Jeremy Hill Catastrophe-bond investors are trying to assess the potential fallout from Hurricane Florence that may force them to hand over cash....