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Cirque Du Soleil Files for Bankruptcy Protection Amid Pandemic

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Cirque du Soleil Entertainment Group has filed for protection from creditors in Canada as its global circus shows remain shuttered during the coronavirus pandemic.

Montreal-based Cirque du Soleil is seeking bankruptcy protection under the Companies’ Creditors Arrangement Act to restructure its balance sheet, the company said on Monday.

The application will be heard by the Superior Court of Quebec on Tuesday. Cirque du Soleil also disclosed that it has entered into a court-supervised purchase agreement with its existing shareholders — including Texas-based TPG Capital, with a 55 percent stake and China's Fosun Capital Group, with another 25 percent stake — and Quebec debt holders to acquire the company's assets with a combination of cash,.

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Southern Ontario highway partially closed due to convoy demonstrations: police - globalnews.ca - Usa - Canada - city Detroit - county Windsor
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Southern Ontario highway partially closed due to convoy demonstrations: police
convoy demonstrations against COVID-19 measures.Police said the westbound lanes of the highway at Nauvoo Road have been shut down due to “high traffic volumes” from “freedom convoy” demonstrators.Drivers in the area are being asked to follow emergency detour route signage. Windsor-Detroit Ambassador Bridge access resumes after trucker protest blocked traffic “The OPP respects the right of everyone to freedom of expression and peaceful assembly,” police said.“The OPP asks everyone to be patient and respectful of each other despite potential inconvenience.”The closure is approximately 45 km away from the Blue Water Bridge crossing between Canada and the United States in Sarnia, Ont.It’s not clear if that’s where convoy demonstrators are intending to go.Part of Highway 402 was blocked on Sunday as well due to convoy demonstrations. Police have redirected commercial traffic to the Bluewater Bridge in Sarnia, Ont., and urged motorists to avoid the area around the Ambassador Bridge in Windsor, Ont.There, a protest against COVID-19 measures is blocking Canada-bound vehicles from crossing the Ambassador Bridge between Windsor, Ont., and Detroit for a third day.More to come.— With files from The Canadian Press#LambtonOPP have implemented a closure of westbound Highway 402 at Nauvoo Road to ensure public safety.
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