Excerpt of: Here's what it looks like when Canadian retailers seek creditor protection | Financial Post
"Since May, prominent Canadian retailers such as Aldo Group Inc., Reitmans Canada Ltd. and, most recently, DavidsTea Inc. and clothing chain Frank and Oak have sought court protection while they work to restructure their businesses in conjunction with creditors, either under the Companies’ Creditors Arrangement Act or through a notice of intention to make a proposal under the Bankruptcy and Insolvency Act."