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Swimco Aquatic Supplies Ltd. and Swimco Partnership 

Introduction and Overview

On June 11, 2020, Swimco Aquatic Supplies Ltd. and Swimco Partnership  (the "Companies") each filed a Notice of Intention to Make a Proposal (the "NOIs") pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (the "BIA"). 

Pursuant to Section 69(1) of the BIA, all proceedings against the Companies are now stayed and service to the Companies cannot be discontinued.

The time period within which the Debtors were required to file a proposal to their creditors was extended to October 9, 2020, pursuant to two Court orders. The Debtors were unable to make a viable proposal to their creditors on or before October 9, 2020 and were thereupon deemed to have made an assignment into bankruptcy effective October 10, 2020. Deloitte Restructuring Inc. was appointed as trustee in bankruptcy of the Debtors' estates.

The first meeting of creditors for Swimco Aquatic Supplies Ltd. will be held on October 30, 2020 at 2:00pm MTN through electronic or digital means of communication. To be entitled to vote at the meeting you must file with us, prior to the meeting, a proof of claim form, and where necessary, a proxy. Please contact Tyler Adametz at 403-648-3203 for teleconference information.

On November 10, 2020, Deloitte Restructuing Inc. was appointed by the Court of Queen's Bench of Alberta as receiver and manager (the "Receiver") in respect to all the assets and property of Swimco Aquatic Supplies Ltd., Swimco Partnership, Blue Crush Bikini & Boardshort Company Ltd., Lori Bacon Holdings Ltd., and Steve Forseth Holdings Ltd.

The Swimco Partnership first meeting of creditors originally scheduled for October 30, 2020 at 1:00 PM MST has been adjourned pursuant to the certificate of assignment issued by the Official Receiver of the Office of the Superintendent of Bankruptcy, dated October 29, 2020. The first meeting of creditors for Swimco Partnership, along with Blue Crush Bikini & Boardshort Company Ltd., Lori Bacon Holdings Ltd., and Steve Forseth Holdings Ltd., will now be held on December 3, 2020 at 1:00 PM MST. If you have any questions on this matter, please contact Tyler Adametz of the Bankruptcy Trustee’s office at 403-649-3203 or tadametz@deloitte.ca.

Publicly available documents will be posted to this website.


Contact Information

For further information, please contact Tyler Adametz at 403-648-3203 or tadametz@deloitte.ca.


Documents

The documents hosted on this page may not meet Provincial Accessibility standards. We will respond to any requests for accessible formats regarding public documents and address those requests in a timely and appropriate manner. Please contact us at ashkeene@deloitte.ca.

1)  Court Orders 



2)  Motion Materials



3)  Reports



4)  Notices and Other Documents

Certificate of Filing of a Notice of Intention to Make a Proposal- Swimco Aquatic Supplies Ltd. - 25-2651361

Certificate of Filing of a Notice of Intention to Make a Proposal - Swimco Partnership - 25-2651362

Creditors Package - Swimco Aquatic Supplies Ltd., dated June 15, 2020

Creditors Package - Swimco Partnership, dated June 15, 2020 
Certificate of Assignment into Bankruptcy - Swimco Aquatic Supplies Ltd., dated October 13, 2020
Certificate of Assignment into Bankruptcy - Swimco Partnership., dated October 13, 2020

Creditors Package - Swimco Aquatic Supplies Ltd., dated October 16, 2020

Creditors Package - Swimco Partnership, dated October 16, 2020

Certificate of Assignment - Swimco Partnership, dated October 29, 2020
Creditors Package - Swimco Aquatic Supplies Ltd., Swimco Partnership, Blue Crush Bikini & Boardshort Company Ltd., Lori Bacon Holdings Ltd., and Steve Forseth Holdings Ltd.
Certificate of Assignment into Bankruptcy - Lori Bacon Holdings Ltd, dated November 16, 2020
Certificate of Assignment into Bankruptcy - Blue Crush Bikini and Boardshort Company Ltd., dated November 16, 2020
Certificate of Assignment into Bankruptcy - Steve Forseth Holdings Ltd., dated November 16, 2020
Creditors Package - Blue Crush Bikini & Boardshort Company Ltd., dated Novemebr 20, 2020
Creditors Package - Lori Bacon Holdings Ltd., dated Novemebr 20, 2020
Creditors Package - Steve Forseth Holdings Ltd., dated November 20, 2020
Notice of Application
Notice of Application - Proof of Filing
Receiver's First Report - Proof of Filing
Certificate of Assignment - Swimco Aquatic Supplies Ltd., (Amended) dated December 11, 2020
Certificate of Assignment - Swimco Partnership, (Amended) dated December 10, 2020



5)  Service Lists



6)  Relevant Links



Last updated Jan 13, 2021

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