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Another major Canadian retailer seeks creditor protection

KSV Advisory featured in INSauga: Another major Canadian retailer seeks creditor protection | INsauga | INsauga.

Hakim Optical, a large eyewear and optical chain with more than 140 stores across Canada, is the latest company to file for creditor protection under the Bankruptcy and Insolvency Act. But the stores may remain open.
The company filed a Notice of Intention to Make a Proposal on April 16, according to KSV Restructuring Inc. which is appointed as the proposal trustee.