Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.

8 hours ago · A major legal battle is underway between Amazon and Saks Global, with the e-commerce giant vowing to use “all available legal remedies” to recover $475 million it claims it is owed in the ...

11 hours ago · Amazon said its $475M stake in Saks is 'presumptively worthless' and warned it may seek 'more drastic measures' if Saks doesn't 'resolve' its concerns.

1 day ago · Amazon is fighting to protect its $475 million investment amid Saks Global's bankruptcy, questioning the retailer's court proceedings.

1 day ago · Amazon says its Saks Global investment is ‘worthless’ The e-commerce giant’s complaints could signal a long and contentious bankruptcy process for the luxury company.

16 hours ago · Amazon is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to the sale of Saks products on its...

10 hours ago · Amazon blasts Saks' bankruptcy plan as wiping out its $475M stake, threatening drastic action in court. After a failed Neiman Marcus merger, Saks fights for $1.75B financing amid creditor …