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Originally Posted by Scrapper6
WHAT? If they are a separate entity why is Canada TRU also filing for Bankruptcy protection? They shouldn't even be in the same boat as TRU US... I don't understand.
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I'm wondering if maybe it's to keep the US side's creditors from trying to reach around and sue the Canadian side. There's probably a lot of creditors that operate in both countries, and there may be portions of their operations that are interconnected even just a bit. That might be enough of a foot in the door that they'd be able to go after TRU Canada if they really wanted to.