Edcon business rescue practitioner is running the firm from Canada
Edcon staff and creditors, who are owed a collective R6.7bn, are supposed to vote on the business rescue plan later on Monday
22 June 2020 - 13:22
An urgent court bid by two clothing companies to interdict Edcon’s meeting on its business rescue plan from going ahead on Monday afternoon, has failed.
The creditors — Kingsgate clothing company and Clematis, a clothing manufacturing company — approached the court on Monday morning seeking an urgent interdict to stop Monday’s afternoon meeting. ..
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