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Medican Group finances in court protection review
Schneider estimates a 51 million line of credit at TD Canada Trust will be retired by October while Medican's cash flow is expected to exceed expenses by September. The Medican Group sought CCAS protection in Calgary on May 27 and received a 60 day extension to return to court. The court monitor is examining the veracity of certain representations, with details remaining confidential, as restructuring and downsizing proceed under judicial oversight.
MENTIONED IN THIS ARTICLE
Schneider
TD Canada Trust
Medican
Medcast Group
Comipaies
Alina Uniceit
Medican Group
CCAS
Quyetts Bench
Sulgary
Teastores Reinhele
Medicin Group
Heet Gan
Einheler
Atelephone
Thews
Avery Pie
Resteudusig
CA Kentsela Ne Ware
Fat
Restru