Century 21 in Bankruptcy after Insurer Refuses Payout
The fashion-focused department store that operates 13 stores in NY, NJ, PA, and FL, filed for Chapter 11 protection after its insurance company refused to pay out $175 million due for business interruption caused by the Covid-19 pandemic. The filing lists $100 to $500 million in assets and liabilities, and the retailer will ... Log in to view full article.