Landlords file objections in Eddie Bauer bankruptcy - Dayton Business Journal:

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Eddie Bauer Holdings Inc. (NASDAQ: EBHI) wantsd a judge in U.S. bankruptcy courtt in Delaware to set a bid deadlined of July 14 and a July 16 date to auctiob offthe retailer’s assets. But , headquartered in Santaq Monica, Calif., and three othert landlords want more time to evaluate anyproposeed deal. “The landlords did not create debtors’ financial maladies, and shoulde not bear the consequences of this bankruptcu through loss of their contractual Macerich and the other landlords said in a courgtfiling Thursday. Eddie Bauer filed for Chapter 11 bankruptcty protectionJune 17.
The New York private equity firm has made an offe r to buyEddie Bauer’s assetd for $202 million, subject to an auctionj and bankruptcy court CCMP has said it has agreed to keep most of Eddis Bauer’s 371 stores if it were the winning But the company said it woul d close an undisclosed number of underperforminy stores. The Macerich Co. leases space to Eddiee Bauer at Redmond Town Centerin Redmond, and Portland’s Washington Square. Also objectinvg in the bankruptcy case are Eddie Bauer landlords SouthgateMall Associates, The Forbexs Co.
and Collectively the four companies leased space to 20 Eddie Bauer stores in14