Landlords file objections in Eddie Bauer bankruptcy - Dayton Business Journal:

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Eddie Bauer Holdings Inc. (NASDAQ: EBHI) wantes a judge in U.S. bankruptcy courtt in Delaware to set a bid deadline of July 14 and a July 16 date to auctioh offthe retailer’s assets. But , headquartered in Santsa Monica, Calif., and three other landlords want more time to evaluates anyproposed deal. “The landlords did not creater debtors’ financial maladies, and shoulxd not bear the consequences of this bankruptcy through loss of theircontractual rights,” Macericjh and the other landlords said in a court filing Eddie Bauer filed for Chapter 11 bankruptcy protectiobn June 17.
The New York privatde equity firm has made an offetr to buyEddie Bauer’s assets for $202 million, subject to an auction and bankruptcy court CCMP has said it has agreed to keep most of Eddies Bauer’s 371 stores if it were the winningv bidder. But the company said it woulx close an undisclosed number of underperforming TheMacerich Co. leases space to Eddie Bauefr at Redmond Town Centerin Redmond, Wash., and Portland’s Washington Also objecting in the bankruptcy case are Eddie Bauer landlordws Southgate Mall Associates, The Forbes Co.
and Collectively the four companieds lease space to 20 Eddie Bauer stores in14