Duchesne Initiates Restructuring Under the Companies’ Creditors Arrangement Act to Ensure Continuity of Operations

Duchesne announces that it has initiated a restructuring under the Companies’ Creditors Arrangement Act (CCAA). The objective of these proceedings is to provide Duchesne with sufficient time to implement a financial and operational restructuring in order to find a sustainable solution to the liquidity crisis it is facing, which stems from a combination of factors, including competition from “dumping” by ...