The Globe and Mail reports in its Wednesday, Nov. 19, edition that Dye & Durham said Tuesday that it has less than a month to file its delayed audited financial statements or it will be in default under its senior credit agreement. The Globe's Sean Silcoff writes that D&D posted weaker-than-expected preliminary results for its fiscal year ending June 30 and first quarter ending Sept. 30. In September D&D had obtained a waiver under its senior credit agreement giving it until Dec. 1 to file its annual results without triggering a default. That agreement did not waive D&D's requirement to file first quarter results by Nov. 14. D&D wants a second extension from the Ontario Securities Commission for delayed annual filings originally due by Sept. 29. D&D has entered a 30-day "cure" period under its senior credit agreement after failing to deliver its audited first-quarter results on time, with a deadline to resolve the issue by Dec. 17. If it cannot, "an event of default will occur," allowing lenders to "exercise certain rights defined in the senior credit agreement."