The Supreme Court unanimously decided that the Mall of America can challenge a lease it has with Sears. In 1991, the mall gave Sears a 100-year lease on a three-story location for just $10 per year.

The Sears location has been closed since 2019, and Mall of America said in court filings it wanted to start over with a new lease rather than allowing the new leaseholder to sublease the space at ...

An attorney representing the Mall of America told the U.S. Supreme Court on Monday that it should be allowed to fight for control of the former Sears store that has been vacant since 2019.

“Mall of America opened in 1992 with Nordstrom, Macy's, Bloomingdale's and Sears, which was a coup for Melvin Simon and Associates, a predecessor of Simon Property Group, who together with ...

The U.S. Supreme Court has sided with the owners of the Mall of America in a complex, long-running legal battle about the vacant retail space that once housed a Sears store. The 9-0 ruling allows ...

There is nothing left,” Eric Brunstad, an attorney with the firm Dechert, told the justices this morning, Brunstad represents Transform Holdco, a subsidiary of ESL Investments, which bought Sears, and ...

The U.S. Supreme Court on Wednesday ordered an appeals court to review Mall of America’s dispute with the former chairman of Sears Holdings Corp. over a $10-a-year store lease, potentially ...

To start with, the case involves the intersection between Sears, the immense retailer that filed for bankruptcy in 2019, and the Mall of America, the largest retail shopping center in North America, ...

How does a company that gets its start as a mail-order watch business survive depressions and war and become one of America’s largest mall-based ... Kmart acquired Sears, and management failed ...

The Supreme Court unanimously decided that the Mall of America can challenge a lease it has with Sears. In 1991, the mall gave Sears a 100-year lease on a three-story location for just $10 per year.