Creditor Protection
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Ontario court approves Laurentian University’s restructuring planOntario's Superior Court of Justice has approved Laurentian University's restructuring plan as the school looks to emerge from creditor protection.EducationOct 5, 2022
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DavidsTea starts fiscal year by swinging to small profit despite lower salesThe beverage company says it earned $3.2 million or 12 cents per diluted share for the three months ended May 1.CanadaJun 15, 2021
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DavidsTea creditors authorize plan to split $18M owed by insolvent beverage companyDavidsTea filed for creditor protection under the Companies' Creditors Arrangement Act on July 8.CanadaJun 11, 2021
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Okanagan cannabis company working to revive business, avoid bankruptcyTrue Leaf's situation is being watched closely in Lumby as losing the company would be a significant blow to the village's tax base.CannabisOct 9, 2020
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Cirque du Soleil shareholders terminate offer after deal with creditorsThe Cirque du Soleil's shareholders terminated their takeover bid after the insolvent entertainment business reached an agreement with its creditors.EconomyJul 16, 2020
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Coronavirus: Sail to close 6 stores in Ontario and Quebec, affecting 500 employeesThe company, founded more than 40 years ago, will focus on 12 remaining Sail locations, including eight in Quebec and four in Ontario, as well as its e-commerce business.ConsumerJun 4, 2020
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B.C. court grants creditor protection to Chinese discount retailer MinisoMiniso Canada operates 67 stores in B.C., Alberta, Ontario, Quebec, Nova Scotia, and the Northwest Territories.ConsumerJul 14, 2019
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Creditor protection extended for cryptocurrency exchange QuadrigaEmbattled cryptocurrency exchange QuadrigaCX has received a reprieve from its creditor protection deadline as the search for nearly $200 million in missing virtual currency continues.CanadaMar 5, 2019
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Court approves Sears Canada request to begin ‘crucial’ liquidation sales July 21Sears Canada has been given approval to begin liquidation sales Friday at the 59 locations it plans to close.CanadaJul 18, 2017
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Stelco creditors vote in favour of dealU.S. Steel Canada creditors have overwhelmingly approved Stelco's plan to emerge from creditor protection and be taken over by Bedrock Industries.CanadaApr 27, 2017
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