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Investors Strike $42.5M Deal In Brookfield-GGP Merger Suit

Law 360

Brookfield Property Partners LP has reached a tentative $42.5 million deal to bring an end to a yearslong battle with stockholders who alleged they were given misleading information about the global real estate company's 2018 acquisition of U.S. mall operator GGP Inc.

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Ex-GGP Investors Tell Del. Justices Brookfield Dividend Unfair

Law 360

pressed Delaware's Supreme Court on Tuesday to reverse a Chancery finding that a dividend payout ahead of the company's $9.25 billion acquisition by Brookfield Property Partners LP did not violate their appraisal rights. Former shareholders of mall operator GGP Inc.

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Retail Woes: A Running List of Fashion & Retail Bankruptcies

The Fashion Law

They were swiftly followed by a handful of additional filings by other retailers, signaling that there is no end in sight to the constant string of fashion and other retail companies struggling financially and looking to bankruptcies courts for protection from their creditors. ” As reported by the WSJ , the company’s U.S.

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