May 19 (Reuters) - Reitmans Canada Ltd RETa.TO :
* REITMANS CANADA LTD - OBTAINS COURT ORDER UNDER COMPANIES' CREDITORS ARRANGEMENT ACT
* REITMANS CANADA LTD - UNDER TERMS OF ORDER, ERNST & YOUNG INC. HAS BEEN APPOINTED AS MONITOR UNDER CCAA PROCESS
* REITMANS CANADA LTD - ERNST & YOUNG INC. WILL ASSIST REITMANS IN FORMULATING ITS RESTRUCTURING PLAN
* REITMANS CANADA LTD - CCAA PROCESS WILL ALLOW COMPANY TO IMPLEMENT A RESTRUCTURING PLAN THAT ADDRESSES IMPACTS OF COVID-19