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Chapter 11 Bankruptcy

  • Plymouth Meeting Mall.
    Retail

    For Second Time in Three Years, Plymouth Meeting Mall Owner Files for Bankruptcy

    December 12, 2023

    For the second time in a little over three years, Philadelphia-based PREIT, owner of the Plymouth Meeting Mall, has filed…

  • A Rite Aid store in Abington.
    Retail

    Rite Aid Adds One More Montgomery County Location to Bankruptcy Sale

    December 2, 2023

    Philadelphia-based Rite Aid has added another seven Philadelphia-area locations to its sale list amid its Chapter 11 bankruptcy proceedings, including…

  • Rite Aid Storefront
    Retail

    Rite Aid Is Selling More Store Leases, Including One in Montgomery County

    November 9, 2023

    As Rite Aid works its way through Chapter 11 bankruptcy, the retail pharmacy chain announced that it was selling more…

  • The Rite Aid at 1441 Old York Road in Abington is closing.
    Retail

    Understanding the Complexities of Rite Aid’s Journey from Success Story to Bankruptcy

    November 1, 2023

    Recently the new Rite Aid CEO Jeffrey Stein warned retail landlords that more store closings are likely as the drugstore…

  • The Rite Aid at 1441 Old York Road in Abington is closing.
    Retail

    Rite Aid Closing 4 Montgomery County Locations; Here’s What You Need to Know

    October 21, 2023

    As part of its Chapter 11 bankruptcy, Rite Aid plans on shuttering the doors of 154 of its 2,100 U.S.…

  • David's Bridal Conshohocken.
    Retail

    Conshohocken-based David’s Bridal Already Looking to Expand After Bankruptcy Problems

    August 4, 2023

    After the closing of the sale of most of its assets to CION Investment in New York City, David’s Bridal,…

  • Bed Bath & Beyond
    Retail

    As Bed Bath & Beyond Throws in the Towel, the Store’s Only Montgomery County Site Offers Discounts

    May 6, 2023

    The nationwide liquidation of Bed Bath & Beyond, which succumbed recently to a Chapter 11 bankruptcy declaration, has begun. The…

  • New Liberty Distillery, Philadelphia
    Legal

    Philadelphia Distillery’s Bid for Midnight Madness Distilling May End Its Bankruptcy Nightmare

    September 1, 2021

    The nightmare bankruptcy proceedings of unwinding Trumbauersville distillery Midnight Madness may be showing signs of ending. A Philadelphia distillery, New…

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