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Judge rejects Hudson’s Bay restructuring proposal intended to save remaining stores

Judge rejects Hudson’s Bay restructuring proposal intended to save remaining stores

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.In a written decision issued Saturday, Justice Peter Osborne of the Superior Court of Justice said he declined to approve the agreement because it is "neither necessary nor appropriate at this time."The […]

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