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"A downtown French brasserie on Peel Street that filed for protection under the Bankruptcy and Insolvency Act at the end of June and now carries a reported deficit of $685,940; owner Alain Creton called the filing the result of a “little misunderstanding” with his landlord but said the restaurant has been overwhelmingly busy since coronavirus restrictions eased. Creton terminated the lease on July 16—compounding the debt because landlords may claim unpaid rent and a portion of future rent—while former chef Christian Peillon, who had earlier been ruled owed three years' salary for a constructive dismissal, was the restaurant's largest creditor until the landlord became so; a debt-settling proposal accepted by the landlord would see Peillon receive only 5 percent of what he is owed, and he plans to contest that in court on September 9. The restaurant reportedly remains open on Peel Street despite the lease termination taking effect July 17." - Valerie Silva