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.
The Trustee obtained its discharge on April 4, 2023.
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May 26, 2023