On December 6, 2011, Please Mum Partnership, Elia Fashions Ltd. and Bossa Nova Fashions Ltd. (collectively, the “Petitioners”) filed a Petition in the Vancouver Registry of the Supreme Court of British Columbia (the “Court”), seeking further protection from their creditors under the Companies’ Creditors Arrangement Act (“CCAA”) to enable the Petitioners to continue restructuring their business and their indebtedness to creditors. An Initial Order was granted by the Court on the same day which prevents any creditor of the Petitioners from taking any proceedings against the Petitioners and permits the Petitioners to remain in control of their assets and to continue to carry on business during the restructuring period.
Deloitte Restructuring Inc., (formerly Deloitte & Touche Inc.) was appointed Monitor in the CCAA Proceedings to oversee the operations of the Petitioners during the restructuring. On June 23, 2021 the Court made an Order releasing and discharging Deloitte Restructuring Inc. as the Monitor in these CCAA Proceedings and as the Trustee in the NOI Proceedings noted below.
Posted to this Web site are the following documents:
Please Mum Partnership, Elia Fashions Ltd. and Bossa Nova Fashions Ltd. (collectively, “Please Mum” or the “Companies”) filed a Notice of Intention to Make a Proposal on July 7, 2011 pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (“NOI”). Information on the proceedings can be found below.
On November 24, 2011, by an application to the Supreme Court of British Columbia (the “Court”), the Court granted an extension to December 6, 2011 for the Companies to make a Proposal.
General and creditor inquiries may be directed to Ashley Turrie, Deloitte Restructuring Inc., (formerly Deloitte & Touche Inc.) at (604) 640-3341.
Jun 29, 2021