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Coast Appliances files for creditor protection as lenders seek restructuring
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Coast Appliances files for creditor protection as lenders seek restructuring
A major Canadian appliance retailer with multiple locations in B.C. has filed for creditor protection. Court documents show Coast Wholesale Appliances Inc. and related companies were granted an initial order under the Companies’ Creditors Arranagement Act (CCAA) by the B.C. Supreme Court on April 17. The filing allows the company to continue business operations while it attempts to restructure or pursue a sale under court supervision, instead of…
·Victoria, Canada
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