Providence Place Mall is Now in Permanent Court-Ordered Receivership

A Rhode Island Superior Court judge has placed the Providence Place mall into the legal hands of two permanent co-receivers

December 5, 2024

Attorneys Mark Russo and John Dorsey of the Rhode Island-based law firm Ferrucci Russo Dorsey are now the permanent receivers of the Providence Place mall after serving as temporary receivers since Nov. 1.

During a hearing on Wednesday, Rhode Island Superior Court Associate Justice Brian P. Stern made attorneys Mark Russo and John Dorsey of the Rhode Island-based law firm Ferrucci Russo Dorsey the permanent receivers of the Providence Place mall. The pair had served as temporary receivers since Nov. 1.

The mall had to enter court-appointed receivership because its now-former owners, Brookfield Properties, defaulted on its payments of a $305 million loan. In court on Wednesday, Stern said he’s been pleased with the work the court-appointed lawyers have done to date in their capacity as temporary receivers.

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Olivia Ebertz Olivia Ebertz comes to The Public’s Radio from WNYC, where she was a producer for Morning Edition. Prior to that, she spent two years reporting for KYUK in Bethel, Alaska, where she wrote a lot about how the warming climate is forcing local Indigenous communities to change their traditional lifeways.

Prior to her career as a journalist, Olivia worked in film. Her documentaries have screened at festivals worldwide.

Olivia likes to pursue stories inspired by questions from community members.
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