Manitoba's Court of Queen's Bench has approved the liquidation sale of assets and inventory belonging to a group of companies owned by Winnipeg fashion mogul Peter Nygard. On Tuesday Richter was back in court seeking an order to approve the sale of Nygard's assets. It said the COVID-19 pandemic has made selling the business, or making any money off of it, next to impossible. Justice James Edmond granted the request for a store closing or liquidation sale to be held at a date to be determined. (Gustavo Caballero/Churchill Downs/Getty Images)30 Nygard companies 'intermingled'Edmond also approved the receiver's request to access documents not connected to the nine companies under Richter's control.

Source: CBC News April 30, 2020 00:22 UTC