Nygard companies' receiver can place them into bankruptcy after substantive consolidation ruling
A receiver appointed over nine US and Canadian companies linked to fashion mogul Peter Nygard has been granted permission to place them into bankruptcy, after a Manitoba court ruled the companies jointly liable for the group’s debt, and consolidated their assets.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.