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Restore Capital, an agent representing some of HBC's senior lenders, is asking an Ontario court to terminate the retailer’s “uneconomical and imprudent transaction” with B.C. billionaire Weihong Liu, whose company is bidding on up to 25 leases, according to court documents.

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Hudson's Bay's lenders ask court to terminate lease purchase agreements with billionaire Weihong Liu

Tuesday, July 08, 2025. 5:11 PM EDT

Restore Capital, an agent representing some of HBC's senior lenders, is asking an Ontario court to terminate the retailer’s “uneconomical and imprudent transaction” with B.C. billionaire Weihong Liu, whose company is bidding on up to 25 leases, according to court documents.

 
 
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