Resources
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Barneys moves to cut Isetan out of Japanese licensing deal.(Barneys to terminate its license agreement with Isetan of America to operate Barneys Japan on breach of contract charges)
- Barneys plans to terminate Isetan of America's right to operate Barneys Japan through breach of license agreement charges. Barneys Japan will have to pay Barneys more than $60 mil, representing royalties that are due through March 31, 2001, under the license agreement. Barneys filed a complaint in bankruptcy court against...
- Research articles 1996-09-20
- Isetan once again getting personal with Pressmans.(Barneys New York's business partner Isetan plans to sue Barneys' co-chairmen Gene Pressman and Robert Pressman for failure to pay off personal loans made to Barneys)
- Barneys New York's business partner Isetan plans to sue Barneys' co-chairmen Gene Pressman and Robert Pressman for failure to pay of $170 mil in personal loan guarantees it made to Barneys starting in 1993. Barneys considers Isetan's loans as an equity investment, and Isetan considers its investments in Barneys as...
- Research articles 1996-07-02
- Barneys, Isetan rent dispute could be decided by summer.(Brief Article)
- NEW YORK--A clearer picture of what's on the table in mediation talks between Barneys and Isetan emerged Monday, with sources saying the rent dispute could be resolved this summer and there are two possible scenarios. In one possible outcome, Isetan gets a minority equity stake...
- Research articles 1996-05-07
- Hear Barneys puts Isetan license on bargaining table.(Brief Article)
- NEW YORK - In a sign that mediation talks between Barneys New York and Isetan are showing some progress, Barneys has put its overseas licensing agreement with Isetan on the bargaining table, according to reports. "It's become a major ingredient in this case getting ...
- Research articles 1996-05-06
Additional Resources
- Isetan seeks OK to sue Pressmans for $170 mil.(Isetan Company Ltd., Robert and Gene Pressman)
- Isetan Company Ltd filed in bankruptcy court for permission to sue Barney's Inc co-chairmen Robert and Gene Pressman for $170 million. Isetan is trying to recover funds it gave Barney's to build its three flagship stores. Barney's claims the money was an investment but Isetan insists it was a loan....
- Research articles 1996-07-08
- Barneys Calls Noteworthy Fact That In Press Statement Isetan's Lawyers Did Not Dispute the Fact That Isetan Let Its Security Interest In Royalty Stream Lapse
- NEW YORK--BUSINESS WIRE--Sept. 22, 1996--Barneys Inc. today issued the following statement in response to remarks made by Isetan's lawyers:"Hyperbole aside, the fact is that Isetan violated the terms of its licensing agreement for use of the Barneys NY name in Japan and Asia -- in not just one instance, but...
- Research articles 1996-09-22
- Isetan takes $181M write-off on Barneys receivable. (Isetan Company Ltd.; Barneys New York)(Brief Article)
- NEW YORK FNS -- Isetan Co. Ltd., the Tokyo-based department store giant and Barneys New York's global partner, said on Friday that it was writing off $181 million in connection with losses it expects to incur on investments made in Barneys. The set-aside will result...
- Research articles 1996-04-22
- Isetan hires Dillon Read as its financial advisor. (Isetan Co. Ltd.; Dillon Read & Co. Inc.)(Brief Article)
- NEW YORK FNS -- Isetan Co. Ltd., locked in a dispute with Barneys New York over ownership of Barneys, three flagship stores, has retained Dillon Read & Co. as its financial adviser. The move is an indication that Isetan could be eager to negotiate more seriously...
- Research articles 1996-06-11
- Isetan, Barneys feud flares over creditors committee. (Isetan Company Ltd. complains that information is being wrongly withheld by Barneys Inc.)
- Isetan Company Ltd. has complained to a bankruptcy judge that Barneys Inc. wrongly withheld information about a potential outside investor. Isetan, one of ten members of the creditors committee, was the only member not given information about a potential bid for bankrupt Barneys by Dickson Concepts. Isetan has formed an...
- Research articles 1996-09-17
- Kosuge resigns as president of Japan's Isetan. (Kuniyasu Kosuge) (Brief Article)
- TOKYO FNS -- Kuniyasu Kosuge has resigned as president of the troubled Isetan Co. Ltd. and will be succeeded by Kazumasa Koshiba, a 40-year Isetan veteran. Isetan is best known in the U.S. for its relationship with Barneys New York. ...
- Research articles 1993-05-12
- Judge OKs truce extension between Barneys, Isetan. (Barneys New York, Isetan Co. Ltd., bankruptcy Judge James Garrity Jr.)(Brief Article)
- NEW YORK FNS - Bankruptcy Judge James Garrity Jr. Wednesday gave his blessing to an agreement between Barneys New York and Isetan Co. Ltd. that officially extends their truce through June 27. Continuation of the truce, which was expected, gives the two sides another two months...
- Research articles 1996-04-25
- U.S. judge deals blow to Pressmans; gives Isetan okay to sue Barneys' execs in state court.(Robert Pressman and Gene Pressman; Isetan Company Ltd., Barney's Inc.)
- Isetan Company Ltd can sue Gene Pressman and Robert Pressman for $167 mil. in personal loan guarantees to Barney's Inc in state court, a US bankruptcy judge ruled. The Pressman brothers, who have been accused by Isetan of reneging on 1993 payment promises to Preen Realty Inc, are at the...
- Research articles 1996-09-25
- Saks/Isetan bids $290M for Barneys; reduced-rent considerations bring total deal to $350M. (Isetan Company Ltd., Saks Holdings Inc.)
- NEW YORK -- In a move that tops the Dickson Concepts offer by $50 million, Saks Holdings Inc. and Isetan Co. Ltd. signed an agreement Tuesday afternoon to buy Barneys Inc. for $290 million, subject to adjustments. Robert Brundige of Hughes Hubbard & Reed, attorney for...
- Research articles 1997-04-23
- Reports rife in credit circles: Isetan seeks Barneys' control.(Isetan Co. Ltd., Barneys Inc.)(Brief Article)
- NEW YORK FNS - Rumors are swirling about a possible move by Isetan to take control of Barneys Inc. and diminish the roles of the founding Pressman family One of Isetan's attorneys, David Wiltenberg, pointedly declined comment when asked about the rumor, but other sources...
- Research articles 1996-02-29
- Isetan continues to squeeze Pressmans.(Barneys New York owners Gene and Robert Pressman)
- Isetan Company Ltd executives have said that they will continue to pressure Barneys New York owners Gene and Robert Pressman to pay back a $180 in loaned funds that the Pressmans allegedly guaranteed. The two companies are suing each other; Barneys filed suit first to enforce an alleged agreement made...
- Research articles 1996-04-02
- Saks-Isetan deal would close out the Pressmans; Barneys' owners take back seat as court-backed exec cleans house. (Saks Holdings Inc.; Isetan Co. Pressman family of Barney's Inc.)
- Last week's move by Saks Holdings Inc. to form an alliance with Isetan Co., one of Barneys' largest unsecured creditors, provides the latest and most vivid sign yet that the Pressman family may soon lose control of the 73-year-old family business. TheLast week's move by Saks...
- Research articles 1996-07-29
- Saks, Isetan reportedly resume interest in Barneys; joint offer to acquire troubled retailer may be made sometime this month.(Brief Article)
- NEW YORK -- Newly armed with a $197 million judgment against the Pressmans, Isetan & Co. Ltd. has resumed talks with Saks Holdings Inc., parent of Saks Fifth Avenue, for a joint bid for Barneys, according to a knowledgeable source. An offer could come within the...
- Research articles 1997-04-02
- Barneys' partner in Japan is takeover target. (Isetan might be purchased by Ito-Yokado Corp.) (Brief Article)
- TOKYO--Ito-Yokado Corp., a large Japanese supermarket chain, wants to take over Isetan, one of Japan's largest department store chains. It's a move that could affect Barneys New York. Isetan has a majority interest in the Barneys Japan operation and is a real...
- Research articles 1993-01-29
- Isetan net drops 2.9% in year. (Isetan Company Ltd.) (Brief Article)
- TOKYO FNS -- Isetan Co., a Japanese department store retailer, reported net earnings for the year ended March 31, dipped 2.9 percent to $32.1 million (3.21 billion yen) from 3.31 billion yen a year ago. Pretax earnings fell 19 percent to $53.9 million (5.39...
- Research articles 1994-06-29
- Isetan loses bid to block action by committee in Barneys Chap. 11.
- NEW YORK -- In a blow to Isetan Co. Ltd., the creditors committee in got the go ahead from the bankruptcy court to intervene in the Barneys Inc. bankruptcy case. In spite of Isetan's objection, U.S. Bankruptcy Court Judge James L. Garrity Jr. ruled on Friday...
- Research articles 1996-10-14
- << Previous
- page 1 of 1
- Next >>
Presented by American Express