April 21, 2025
The U.S. Supreme Court on Monday declined to hear a case filed by the owner of Minnesota's Mall of America against Sears Holding Corp. over a transfer of a 100-year lease for an anchor store location, leaving in place a lower court's finding that the mall's lease was not a "true" contract.
December 17, 2024
The Second Circuit has upheld a district court order obliging the return of bankrupt Sears Holding Corp.'s lease in Minnesota's Mall of America to SHC's liquidating trustee, finding in part the mall's earlier lease was not a "true" contract.
May 07, 2024
A New York federal district judge ruled that Sears Holdings Corp.'s lease for the Mall of America in Minneapolis should be returned to the bankrupt retail chain's liquidating trustee, saying that the decision gives "scant comfort" as it removed from the books "an obviously outlier ruling" by the Second Circuit.
June 10, 2020
The owners of the Mall of America told a New York federal judge Wednesday that it will be asking the Second Circuit to review her determination that she lacked the authority to rule that Sears' new owners can't assume the bankrupt retailer's Mall of America lease.
May 11, 2020
A New York bankruptcy judge on Monday vacated her own ruling that the new owner of Sears Holding Corp.'s stores can't assume the retail chain's Mall of America lease, finding "with great regret" that she never had jurisdiction to hear the case.
February 28, 2020
A New York federal judge has found the new owner of Sears Holding Co.'s stores can't assume the retail chain's Mall of America lease unless it can show it has something similar to Sears' financial stability at the time it first rented the space almost three decades ago.