South Shore Mall Listed as Involved in Chapter 11 Filing by General Growth Properties

The website GGP.COM lists all properties involved in the filings, and while the Aberdeen property is listed as "Involved in the Filing", along with three other Washington State properties, Chapter 11 filing status allows the company time to restructure or reduce their debts while continuing the day-to-day operations.

    The nation's second-largest mall operator filed for Chapter 11 bankruptcy protection in New York early Thursday after it failed to persuade a majority of its debt holders to give it more time to refinance billions of dollars in debt. The Chicago-based company warned last fall it might have to seek bankruptcy protection.