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Lou Brzezinski on the Sears CCAA

Lou Brzezinski on the Sears CCAA

Earlier this year, Sears Canada Inc. and its affiliated companies obtained insolvency protection under the Companies' Creditors Arrangement Act (CCAA). On October 11th, 2017, Sears Canada announced their plan to file for liquidation.. Blaneys insolvency partner Lou Brzezinski, along with his associate Alexandra Teodorescu, are assembling a creditor's committee for those with a stake in Sears Canada's ongoing restructuring and liquidation proceedings. Lou and Alexandra achieved significant success for suppliers during the Target Canada CCAA as a result of Target creditors joining together and collectively retaining Blaney McMurtry LLP, and are poised and ready to do the same in light of the Sears Canada restructuring.

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