The Globe and Mail reports in its Tuesday edition that Hudson's Bay Co. is headed back to court today to fight a motion from some of its senior lenders who are seeking to terminate a controversial deal to sell off former Bay store leases to B.C. billionaire Weihong (Ruby) Liu. The Globe's Susan Krashinsky writes that in a new court filing on Sunday, Hudson's Bay called that termination request "premature." The lease deal is "expected to generate significant recoveries" for the company's creditors, according to an affidavit sworn by Hudson's Bay senior executive Michael Culhane. The lenders are also seeking to expand the powers of a court monitor over Hudson's Bay, accusing the failed retailer of mismanaging the wind-down of its business. "The Board of Directors of Hudson's Bay has acted appropriately and in the best interest of the company and its stakeholders, with a clear focus on maximizing recoveries from the estate," Mr. Culhane's affidavit stated, objecting to the request for a "super monitor." As of last Friday, the 355-year-old retailer was reduced to a staff count of just 113 people. Hudson's Bay sold off its intellectual property, including the stripe design, to Canadian Tire in a $30-million deal.