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Dutch Retail Rental Rift Triggers CBRE Subpoenas As Saks Parent Moves To Quash

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Oct 12 –   CBRE Global Investors rents a Dutch retail space to Hudson's Bay Company ULC, operator of Saks Fifth Avenue. Now it seeks a subpoena to inquire into Hudson's Bay Company's asserted financial distress. 

  On October 9 U.S. District Judge for the Southern District of New York Valerie E. Caproni held a proceeding. Inner City Press covered it. 

 Hudson's Bay is objecting to the subpoenas. Judge Caproni ordered the parties to meet and confer about the objections.

After that, if unsuccesful, any motion to vacate and quash the subpoenas is due November 5.

The case is CBRE Global Investors (NL) B.V. et al


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