Ssense Files for Bankruptcy Protection to Block Forced Sale
Ssense, the Montreal-based luxury e-tailer, is filing for bankruptcy protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) to prevent creditors from forcing a sale of the company. CEO Rami Atallah told staff that their lender had attempted to initiate a sale through CCAA without the company’s consent. In response, Ssense plans to file its own […]
