Hudson’s Bay Bankruptcy Drama: Founding Charter at Risk

Tuesday, May 13, 2025, 6:20 am

In a financial saga mixing history with modern fiscal woes, Hudson’s Bay Company faces renewed court battles over creditor protection. Amid the move to extend legal reprieves, a 355-year-old founding document may soon be sold off, turning a cherished national legacy into a modern bankruptcy headline.

thewalrus.ca / A 355-Year-Old Document That Helped Create Canada May Be Sold Off in Bankruptcy

As Hudson’s Bay Company liquidates, its founding charter is up for grabs The post A 355-Year-Old Document That Helped Create Canada May Be Sold Off in Bankruptcy first appeared on The Walrus.

citynews.ca / Hudson’s Bay expected back in court to extend creditor protection

TORONTO — Hudson’s Bay is due to return to an Ontario court today for the first time in roughly two weeks to seek a reprieve from the hundreds of businesses it owes money. The department store is expected to use the Tuesday morning appearance to ask Judge Peter Osborne to stretch the period of time…

permalink / 2 stories from sources in 4 hours ago #economy #business #canada

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