Washington Prime Agrees to Two Week Bankruptcy Timeline Delay

Washington Prime Group agreed to delay certain key bankruptcy deadlines by about two weeks after the mall landlord’s equity committee challenged the speed of the proceedings.

• A combined hearing on Washington Prime’s bankruptcy plan and disclosure statement is now scheduled for Aug. 30 instead of Aug. 12, a lawyer for the real estate investment trust said in a hearing Thursday
  • Washington Prime’s newly minted official equity committee had urged Judge Marvin Isgur to slow the case so the group’s advisers can analyze the company’s proposed sale to SVPGlobal
• If the REIT receives a topping bid, the confirmation hearing will be ...