Bondholder takes Neiman Marcus to court over MyTheresa transfer

December 11, 2018

Marble Ridge Capital claims that a transfer of the MyTheresa business to the private equity owners of Neiman Marcus Group – Ares Management and the Canada Pension Plan Investment Board – only benefits those companies while keeping it out of the hands of creditors should the main company go broke.

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Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.