Mountain Bike City Inc. ("MBC") filed a Notice of Intention to Make a Proposal on January 28, 2016 seeking protection from its creditors.
Ernst & Young Inc. ("EY") consented to act as Trustee in MBC's proposal.
It subsequently became clear that MBC would be unable to advance a viable proposal for the benefit of its creditors and consequently MBC was deemed bankrupt on February 8, 2016.
Ernst & Young Inc. was appointed as the trustee in bankruptcy and the engagement was subsequently transferred to Deloitte Restructuring Inc. effective August 10, 2016.
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Notice to Creditors
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