A person checks out the store closing advertising at the Hudson’s Bay in Toronto, on May 30, 2025. The Canadian Press/Nathan Denette
A group of Hudson’s Bay landlords say a lender’s desire to recoup cash is the only reason the shuttered department store is pursuing a plan to sell its leases to a B.C. billionaire.
In new court documents filed late Monday, the landlords say the retailer is keen to make a sale of 25 leases to Ruby Liu happen because of Pathlight Capital LP.
