On June 7, 2013, Canusa Products Inc. filed an assignment in bankruptcy pursuant to Section 49 of the Bankruptcy and Insolvency Act (Canada) and Deloitte Restructuring Inc. (formerly Deloitte & Touche Inc.) was appointed as Trustee of the Bankrupt estate.
On August 30, 2013, the publishing rights and trademarks and other properties associated with the magazines were sold to Cruz Bay Publishing, Inc. (the “Purchaser”). The Purchaser plans to start production of the publications shortly and will be reaching out to the subscribers. As part of the sale agreement subscriptions and subscription liabilities were also assumed by the Purchaser. These magazines include, Oxygen, MuscleMag International, Clean Eating, Reps, American Curves, and the former magazine Maximum Fitness.
Unfortunately, the Purchaser will not continue to publish American Curves and no new orders are being accepted. Pre-bankruptcy subscribers will be contacted in the near future by the Purchaser.
If you have any questions regarding this matter, please contact Deloitte Restructuring Inc. at the following address:
Deloitte Restructuring Inc.
8 Adelaide Street West, Suite 200 Toronto, Ontario M5H 0A9
Tel: (416) 601-6150 Fax: (416) 601-6690
Certificate of AppointmentCreditor PackageProperty Proof of ClaimProof of Claim and Instruction SheetTrustee Preliminary ReportSale approval and vesting order - August 23, 2013Endorsement - August 23, 2013
Oct 7, 2019