Oaktree Capital Accuses BJ’s of Backtracking on Duty Refund Deal
Oaktree Capital Management has filed a lawsuit against BJ’s Wholesale Club, accusing it of reneging on an agreement to sell its rights to a duty refund worth approximately <strong>$29 million</strong> for <strong>70 cents</strong> on the dollar. This lawsuit arises amid rising tariffs affecting many companies.