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flag Ontario judge rejects Hudson's Bay's restructuring, pushing the company closer to receivership.

flag An Ontario judge has rejected Hudson's Bay's restructuring agreement, increasing the likelihood of the company entering receivership. flag Hudson's Bay, under creditor protection due to severe financial troubles, has already begun liquidating most of its stores, with only six remaining open. flag The agreement's rejection means lenders may now seek control over the company's assets to repay creditors.

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