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Caption: Toys 'R' Us Canada filed for credit protection Tuesday, facing a succession of lawsuits from unpaid suppliers and landlords, and closing dozens of stores. (Patrick Morrell/CBC) ...
Toys “R” Us Canada wants to get back on its feet, but first wants protection from those to whom the company owes money.
Lion Electric (LEV) announced that the Superior Court of Quebec has issued an initial order granting the company and its subsidiaries protection under the companies’ Creditors Arrangement Act, or CCAA ...
The toy chain is expected to return to court to apply for a liquidation sale, as well as a structured sale and solicitation ...
After closing 53 stores in the past two years and facing a succession of lawsuits from unpaid suppliers and ...