General Growth Properties has hired bankruptcy counsel

RedEarth

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Thu Nov-20-08 01:57 PM
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General Growth Properties has hired bankruptcy counsel

General Growth Properties, the second largest mall owner in the U.S. behind Simon Property, has hired bankruptcy counsel ...

From the WSJ: Mall Owner Lines Up Bankruptcy Law Firm (hat tip crispy&cole)

Debt-laden mall giant General Growth Properties Inc. has hired the law firm Sidley Austin as bankruptcy counsel ... The move doesn't mean a Chapter 11 filing is imminent.
...
The company, which owns more than 200 U.S. malls, has struggled to repay debt it amassed during an acquisition binge near the market's peak.

http://calculatedrisk.blogspot.com/2008/11/ggp-hires-bk-firm.html

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