Court Approves Saks Global's Settlement With Simon Property

A federal bankruptcy judge approved a settlement between Saks Global and Simon Property Group, allowing the retailer to move forward with its restructuring plan by resolving lease disputes. The agreement enables Saks to assume 29 leases (seven amended) and terminate 34 others.

By Evan Clark Mon, May 18, 2026 at 11:23 PM GMT+3 2 min read · Yahoo Finance · May 18, 2026, 20:23 UTC

Court Approves Saks Global's Settlement With Simon Property

Tickers: $SKX $SPG

Topics: bankruptcy real_estate settlement

Read the full article at Yahoo Finance

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