Hudson’s Bay wants to sell leases to billionaire to appease lender’s cash demands, landlords charge

An East Asian woman with a dark bob haircut and red lipstick, wearing a red top and matching red blazer.

Ruby Liu wanted 28 former Bay leases to open a new department store named after herself. The sale of the first three leases for $6 million was quickly approved because they covered properties at malls she owns, but the remaining 25 she wants have become a hotly contested matter.