TORONTO — The owners of Ted Baker's Canadian operations have filed for court protection from creditors in a bid to help the retailer get enough "breathing room" to decide whether to liquidate and wind down the business or pursue other unspecified alternatives.
The Ted Baker Canada owners have licensing agreements with NODL and ABG, whose partners make payments to suppliers in the Ted Baker supply chain, but the Ted Baker Canada owners say some of those payments have not been made, causing "substantial disruptions."NODL's recent insolvency proceedings in the U.K. have also exacerbated matters, causing some of Ted Baker Canada's suppliers to accelerate payment terms.
Longtime Toronto Maple Leafs radio announcer Joe Bowen wasn't shy about his frustration with a listless crowd at Scotiabank Arena Wednesday night, as the team dropped game three of its first-round playoff series with the Boston Bruins.
"So far as I know, you don't pay someone $130,000 not to have sex with you," the Utah senator remarked about the ex-president's payments to Stormy Daniels.
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