11041045 Canada Inc (a.k.a Bowring)
- Proceeding
- NOISection 50.4(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B.-3, as amended
- File
- 31–2436097 / 31 – 2436108 / 31 - 2436109
- Industry
- Retail
11041045 Canada Inc., also known as Bowring, is the subject of insolvency proceedings in the Ontario Superior Court of Justice, commenced October 25, 2018, with Richter Advisory Group Inc. as the appointed insolvency officer. The largest claims recorded against it are held by the Canadian Imperial Bank of Commerce ($24,000,000), Isaac Bennet Sales Agencies Inc. ($14,700,000) and F.B.I. Inc. ($9,600,000). The proceeding remains active.
The officer filed report no. First Report. Fluid Brands and its subsidiaries Bombay and Bowring, facing exhausted liquidity, are commencing an orderly liquidation of retail inventory and FF&E at their Bombay/Bowring stores via a retained liquidation consultant, while considering a sale process for the remaining business, supported by DIP financing from CIBC. Court file 31–2436097 / 31 – 2436108 / 31 - 2436109.
A notice of intention was filed on October 25, 2018.
Source: Certificate of filing of a Notice of Intention to make a Proposal – dated October 25, 2018
Debtor
11041045 Canada Inc (a.k.a Bowring)
Proposal trustee
Richter
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canadian Imperial Bank of Commerce · in 72 casesas of NOI filing date — CIBC listed here as unsecured on this claims list; classification per document as provided — debtor: 11041045 Canada Inc. | $24M | Notice to Creditors of Intention to make a Proposal of Fluid Brands Inc., 11041037 Canada Inc., and 11041045 Canada Inc. – dated November 1, 2018 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
154 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans| Date | Document | File |
|---|---|---|
Certificate of Assignment – dated Janaury 9, 2019
| PDF · Subscribers | |
First report of Richter Advisory Group Inc. in its capacity as Trustee under the Notices of Intention to Make a Proposal of Fluid Brands Inc., 11041037 Canada Inc. (Bombay) and 11041045 Canada Inc. (Bowring) – dated November 1, 2018
| PDF · Subscribers | |
Notice to Creditors of Intention to make a Proposal of Fluid Brands Inc., 11041037 Canada Inc., and 11041045 Canada Inc. – dated November 1, 2018
| PDF · Subscribers | |
Certificate of filing of a Notice of Intention to make a Proposal – dated October 25, 2018
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “11041045 Canada Inc (a.k.a Bowring)” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/11041045-canada-inc