Tag Archives: DavidsTea

DavidsTea Negotiating with Landlords, to File for Bankruptcy Protection

The Montreal-based DavidsTea is seeking protection at Quebec Superior Court  from creditors so that it can operate selective stores while it restructures. It plans to close most of its stores across the country. As per company’s statement on Wednesday, it is seeking an order to allow it to restructure under the Companies’ Creditors Arrangement Act in Canada and under Chapter ...

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