A judge has rejected Hudson’s Bay’s proposed restructuring deal, increasing the risk that lenders may push the retailer into receivership.
THUNDER BAY — A local business was blindsided by the news that the Hudson’s Bay Company (HBC) has filed for bankruptcy and ...
Superior Court Justice Peter Osborne said in his decision he did not “think it appropriate to grant the control and veto ...
On March 27, 1926, wreckers started tearing down the Hudson’s Bay store at the corner of Granville and Georgia. The ...
From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company ...
An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday evening, increasing the likelihood that lenders may ...
The venerable Toronto-based chain faced stronger competition, a lack of investment and a string of management changes and ...
An Ontario judge has rejected a Hudson's Bay Company restructuring agreement, increasing the likelihood that lenders may seek to push the company into receivership.
The decision follows two days of arguments over whether additional ‘guardrails’ over the Bay’s liquidation were needed, as ...
Major lenders of Hudson’s Bay are pressing the court to approve a restructuring plan to maximize liquidation proceeds and ...
Hudson's Bay, Canada’s oldest company, is liquidating all but six of its stores after it filed for creditor protection earlier this month.