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The K Cafe with Philip Boucher
Mon - Fri: 12:00 PM - 03:00 PM

LU given exention by court for creditor protection

Laurentian University has been granted permission to extend its insolvency restructuring efforts into the new year. They had asked for a stay of proceedings protecting it against its creditors be extended until Jan. 31, 2022, and that the maturity date for its bridge financing loans also be extended to the same date.

 

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