Shermag gets approval to sell office, inventory

Knell, Michael J.
September 2008
Furniture/Today;9/22/2008, Vol. 33 Issue 4, p31
Trade Publication
The article reports that furniture supplier Shermag Inc. has received court approval to sell its head office building in Sherbrooke, Quebec and liquidate surplus inventory and equipment. Shermag, which applied for protection under the Companies' Creditors Arrangement Act in May 2008, received an extension of its court-ordered protection from creditors until December 10, 2008.


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