""No one gave us any notification. It makes me very angry. They're running around trying to hide things and not telling the full story of how things are going.""
"Ramanujan Group filed for voluntary bankruptcy protection on March 18, saying the company owes creditors and purveyors between $10 million and $50 million."
"The mall is at risk of having a court-appointed receiver take over after it stopped making payments in March 2025."
"Several Blackhawk Plaza tenants have also filed a lawsuit against the Ramanujan Group for neglecting upkeep at the mall."
Blackhawk Plaza's owner, Ramanujan Group, filed for Chapter 11 bankruptcy protection, citing debts between $10 million and $50 million. Tenants, including restaurant owner Jung Dong Choi, expressed anger over the lack of communication regarding the filing. The mall is also facing foreclosure proceedings from its lender, Nano Banc, due to missed payments. Tenants have filed a lawsuit against Ramanujan Group for neglecting maintenance and repair obligations, further complicating the situation for the struggling shopping center.
Read at SFGATE
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