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Winnipeg Free Press
Last Modified: 8:11 PM CST Wednesday, Dec. 30, 2020 | Updates Save to Read Later
Citing a considerable loss of income because of COVID-19, the licensed insolvency trustee for River City Sports is asking creditors to give them more time to make good on a previous agreement for debt repayment.
Citing a considerable loss of income because of COVID-19, the licensed insolvency trustee for River City Sports is asking creditors to give them more time to make good on a previous agreement for debt repayment. River City is simply asking for additional time to pay the balance, trustee Collin LeGall from Lazer Grant LLP told the Free Press on Wednesday, explaining the struggling sports retailer still wants to honour their original $331,000 settlement with creditors under the Bankruptcy and Insolvency Act from 2016.