Le Chateau initial CCAA order extended; liquidation order issued

By Sarah Lizee

Olympia, Wash., Nov. 2 – Le Chateau Inc. said that the Superior Court of Quebec has extended the company’s initial Companies’ Creditors Arrangement Act order to Jan. 15, according to a press release.

The amended and restated initial order also deals with some administrative matters, the company said.

The court also issued a liquidation order on Monday, allowing the company to proceed with the sale of its assets and wind down its operations.

Le Chateau is a Montreal-based specialty retailer and manufacturer of apparel, footwear and accessories for women and men.

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