BMO-Led Lenders Push for Ssense Liquidation Over Founder Buyout

A group of lenders to Canadian luxury fashion retailer Ssense are trying to block a deal that would allow its founders to buy the company out of bankruptcy, arguing that...

By Paula Sambo, Mathieu Dion · Bloomberg Markets

A group of lenders to Canadian luxury fashion retailer Ssense are trying to block a deal that would allow its founders to buy the company out of bankruptcy, arguing that liquidation would let them recover more cash.