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flag Court monitor opposes billionaire Ruby Liu's purchase of Hudson's Bay leases due to business plan concerns.

flag The court monitor overseeing Hudson's Bay's bankruptcy case opposes billionaire Ruby Liu's plan to buy over 24 of the retailer's leases. flag While supporting the sales process that led Liu to be chosen for 28 leases, the monitor, Alvarez & Marsal, argues landlords shouldn't be forced to accept Liu due to concerns over her business plan's timelines, budgets, and the lack of experience in her leadership team. flag A court will hear arguments next week before a judge makes a ruling.

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