Wednesday, 1 April 2020

In Chapter 11 filing, Dean & DeLuca reveals it owes Midtown Equities $22M

After shuttering its stores around the city, Dean & DeLuca has filed for bankruptcy — and is on the hook for nearly $33.3 million in skipped rents. The company has raked up about $100 million in net operating losses, with liabilities north of $495 million, according to the gourmet grocer’s Chapter 11 filing in New York. According to a list of the top 30 unsecured creditors, four landlords are owed more than $33 million. Midtown



source https://therealdeal.com/2020/04/01/in-chapter-11-filing-dean-deluca-reveals-it-owes-midtown-equities-22m/

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