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Second Cup, firm controlling 170-shop global coffee chain, files for creditor protection

Proceedings have no connection to outlets with same name in Canada, their owner says
The non-Canadian outlets of the global Second Cup coffee chain, which has roughly 170 stores in 20 countries, include this one in Cairo, Egypt. (The Second Cup Coffee Company Inc.)
The non-Canadian outlets of the global Second Cup coffee chain, which has roughly 170 stores in 20 countries, include this one in Cairo, Egypt. (The Second Cup Coffee Company Inc.)

Financial problems are brewing for The Second Cup Coffee Company. The global chain that controls 170 coffee shops in 20 countries from Pakistan to Egypt has filed for creditor protection in Ontario after company directors said the firm cannot repay a $8.9 million debt owed to creditor Arbat Capital Group.

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