Hudson’s Bay Fights Lender That Wants Ruby Liu Deal Terminated: Court Docs

A pedestrian passes the Hudson's Bay store in downtown Calgary, on March 20, 2025. The Canadian Press/Jeff McIntosh

Hudson’s Bay is firing back at one of its biggest lenders.

A new court filing from the defunct department store’s chief financial officer pushes back on the lender’s calls to subject the retailer to more oversight because it allegedly mishandled its liquidation and is hopelessly pursuing a deal to sell 25 of its leases.