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Placeline/People
State Province Ontario
Country Canada

Hudson's Bay hearing on Ruby Liu lease deal adjourned

Hudson’s Bay was back in court for a fight with one of its biggest lenders who wants it to terminate a deal it has to sell 25 of the retailer's leases to B.C. billionaire, Ruby Liu. The judge adjourned the hearing "for a short period of time," urging Liu to hire a lawyer to represent her and her plans to buy the leases. Liu signed deals with the Bay in May to buy up to 28 leases in Alberta, B.C. and Ontario, planning to use the properties to open a department store named after herself. (July 15, 2025) 
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Source name: 
The Canadian Press
Unique identifier: CP174765972 
Legacy Identifier: b_Hudsons-Bay-CCAA20250715T1520 
Type: Video 
Duration: 1m33s 
Dimensions: 1920px Ă— 1080px     85.79 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 7/15/2025 3:20:00 PM 
Display aspect ratio: 16:9 
Tags
business
business and finance
court
deal
economy
Hudson's Bay Company
lease
news
retail
Ruby Liu