Proceedings.

616900 N.B. Inc. (formerly known as Gymboree, Inc.)

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Active
Proceeding
NOISection 50.4 of the Bankruptcy and Insolvency Act
File
31-2464088
Filings held18
Last activity2 May 2019
On the record2,708 days
OverviewSummary updated

616900 N.B. Inc., formerly known as Gymboree, Inc., commenced insolvency proceedings on April 23, 2019 by filing a notice of intention to make a proposal under section 50.4 of the Bankruptcy and Insolvency Act. The matter is before the Ontario Superior Court of Justice at Toronto, under court file number 31-2464088. The proceeding is recorded as active. No further filings have been read into this record.

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Case updates18 dated entries
#Report

The officer filed report no. Trustee's Report to the First Meeting of Creditors on Preliminary Administration. 616900 completed an orderly liquidation of all Gymboree®-branded stores under the Agency Agreement and disclaimed all store leases; it has no ongoing retail operations, and the Trustee's activities have focused on taking control of estate cash and statutory administration of the bankruptcy.

Source: Trustee's Report to the First Meeting of Creditors on Preliminary Administration

Parties

Debtor

616900 N.B. Inc. (formerly known as Gymboree, Inc.)

Proposal trustee

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HaineyOntario Superior Court of Justice5 orders, Jan 2019 – Mar 2019196 cases on record

Counsel of record

PartyCounselFirst seenSource
Debtor616900 N.B. Inc. (formerly known as Gymboree, Inc.)Norton Rose Fulbright Canada LLP13 Mar 2019Application · 13 Mar 2019
Estate financialsReported figures — never derived

Cash on hand

$142K

As at 2 May 2019Trustee's Report to the First Meeting of Creditors on Preliminary Administration

Professional fees to date

$140K

As at 2 May 2019Trustee's Report to the First Meeting of Creditors on Preliminary Administration

Documents
18 filings
DateDocumentFile
Trustee's Report to the First Meeting of Creditors on Preliminary Administration
  • Cash on hand $142K · Note: Amount of Company's cash left by Gymboree Group to form part of the estate's property rather than reduce the Post-Filing Intercompany Debt; excludes Designated Deposit Accounts which are Agent's collateral.
  • Financial position per Statement of Affairs (management estimate) · 616900 N.B. Inc. (single entity, bankrupt estate) — No total stated; components only: cash of $142,372.92 left to form part of estate property; no known secured creditors as at date of bankruptcy; no known preferred creditors as at date of bankruptcy; 92 unsecured creditors with claims totaling approximately $9.5 million (95% i.e. $8.9 million owed to Gymboree Group), excluding unresolved landlord and employee claims; potential recovery of portion of $2.0 million letter of credit contribution uncertain.
  • Operational summary 616900 completed an orderly liquidation of all Gymboree®-branded stores under the Agency Agreement and disclaimed all store leases; it has no ongoing retail operations, and the Trustee's activities have focused on taking control of estate cash and statutory administration of the bankruptcy.
  • Professional fees $140K · Note: Approximately $140,000 remains unpaid; Gymboree Group expected to pay on Company's behalf as part of Post-Filing Intercompany Arrangements. · Party: NOI Professional Fees (Proposal Trustee's counsel Osler, Hoskin & Harcourt LLP and Company's counsel Norton Rose Fulbright Canada LLP) · Period: NOI proceedings
  • + 2 more extracted facts
PDF
616900 - Proof of ClaimPDF
Certificate of Assignment April 23, 2019PDF
Endorsement of Justice Hainey dated March 13, 2019
  • Presiding officer Justice Hainey
PDF
Motion Record Returnable March 13, 2019
  • Counsel Norton Rose Fulbright Canada LLP
PDF
Order (Stay Extension) dated March 13, 2019
  • Presiding officer Justice Hainey
PDF
Third Report of the Proposal TrusteePDF
Endorsement of Justice Hainey dated February 12, 2019
  • Presiding officer Justice Hainey
PDF
Motion Record Returnable February 12, 2019
  • Applicant Gymboree Inc.
  • Appointee KPMG Inc.
  • Appointee role proposal trustee
  • Commencement date 17 January 2019
  • + 4 more extracted facts
PDF
Order dated February 12, 2019
  • Presiding officer Justice Hainey
PDF
Affidavit of Jon Kimmins sworn February 11, 2019PDF
Second Report of the Proposal Trustee dated February 8, 2019PDF
Endorsement of Justice Hainey dated January 24, 2019
  • Presiding officer Justice Hainey
PDF
Order dated January 24, 2019PDF
Motion Record Returnable January 23, 2019
  • Applicant Gymboree, Inc.
  • Commencement date 21 January 2019
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no 31-2464088
  • + 1 more extracted fact
PDF
Notice of Intention - Gymboree, Inc.PDF
First Report of the Proposal Trustee dated January 22, 2019PDF
Certificate for the Notice of Intention - Gymboree, Inc.PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “616900 N.B. Inc. (formerly known as Gymboree, Inc.)” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/616900-n-b-inc-formerly-known-as-gymboree-inc

Sources last checked · summary updated 14 August 2026 · Report a correction · Printed from proceedings.ca/case/616900-n-b-inc-formerly-known-as-gymboree-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.