TORONTO — One of Hudson’s Bay’s lenders says it’s willing to back changes to a restructuring agreement that would give the retailer more time to find a way to save six six stores it has so far spared from liquidation.
A lawyer for Restore Capital LLC says his client is open to revising a deadline that would force the ailing department store to start liquidating its six surviving stores on April 8, if it hasn’t found a likely transaction to give it a way forward by the day before.
Linc Rogers says Restore is willing to give Hudson’s Bay until April 30 because he wants to resolve some of the disagreement that has sprung up in court.
Landlords have opposed the agreement, saying its early April deadline conflicts with another…
