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Results tagged “counsel”

Westlake Mall's Future Cloudy

No one's saying anything, but the clouds look pretty dark for the mall's current owners. The Wall Street Journal reports that Chicago's General Growth Properties have hired very specific legal help, bringing on "the law firm Sidley Austin as bankruptcy counsel while it negotiates with lenders for more time to restructure its $27 billion debt load." If Westlake isn't the market already, the auction block is becoming a distinct possibility. more ›

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