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Judge Halts Retailer’s Bid for Former Hudson’s Bay Space at Yorkdale

Judge blocks department store from moving into former HBC space at Yorkdale mall. A proposed plan to open a new retailer in the former Hudson’s Bay space at Yorkdale Shopping Centre has been stopped by an Ontario judge. The decision blocks a deal that would have transferred the large anchor location to a discount-focused department store operator. The court found that the arrangement did not meet the standards required for such a major tenancy change, supporting Yorkdale’s position that the retailer was not an appropriate fit for the mall’s upscale environment. The ruling ends months of dispute over the future of the vacant three-level space and underscores the challenges malls face as they try to repurpose former department store footprints. Yorkdale, known for its luxury brands and high-end positioning, is now expected to pursue alternatives that better align with its long‑term strategy.
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Trump Ordered to Pay $454 Million in New York Fraud Case

 


In a significant legal development, former President Donald Trump has been formally ordered by a New York judge to pay more than $454 million after being found liable for manipulating his net worth. The civil fraud case was brought by New York State’s Attorney General, Letitia James.

Judge Arthur Engoron ruled that Trump had consistently misrepresented his wealth over several years to secure favorable loans and facilitate real estate deals. As a result, he was directed to pay $354.9 million in penalties along with nearly $100 million in interest. This staggering judgment leaves the former president facing substantial financial consequences.

Trump now has a 30-day window to appeal the verdict, a course of action he has publicly vowed to pursue. During this period, he must either deposit “sufficient funds” into a court-controlled account or secure a bond for the total amount. New York Attorney General Letitia James has also indicated that she may seek to seize some of Trump’s assets if he fails to cover the bill, although the appeal process is likely to delay any collection efforts.

As the clock starts ticking on Trump’s appeals, the eyes of legal experts and the public remain fixed on this high-stakes case. Whether the former president can successfully challenge the judgment or whether it will stand as a landmark decision in New York’s legal history remains to be seen.


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