Mall of America Avoids Getting Stuck with Sears’ Bankruptcy Assignee

What Happened: When Sears went bankrupt, its Mall of America (MoA) lease was taken over not by another retailer, restaurant, or amusement venture, but by Transform Leaseco LLC, a “very unshopping-mall-like” corporate entity created by Sears executives to secure control of the retailers’ many real estate assets during bankruptcy p

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