A game of two halves: US-Canadian sports retailers pursue restructuring plans
Two US-Canadian sports retailers have advanced their restructuring efforts this week: Performance Sports has commenced parallel bankruptcy proceedings in the US and Canada, while Golfsmith has received court approval of a restructuring plan that will see virtually all of its assets sold in both jurisdictions.
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GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.