Toys R Us Canada Files For Restructuring As Debts Pile Up

Toys “R” Us (Canada) commenced proceedings under Canada’s Companies’ Creditors Arrangement Act on Tuesday following an initial order granted by the Ontario Superior Court of Justice. The initial order includes a stay of proceedings in favor of TRU Canada for an initial period of 10 days, with any extension to be determined by the Court. […] The post Toys R Us Canada Files For Restructuring As Debts Pile Up appeared first on the deep dive.