Bad Boy Furniture Warehouse Limited
Follow- Proceeding
- NOIBankruptcy and Insolvency Act, R.S.C. 1985 c. B-3
- File
- BK-23-03008133-0031
- Industry
- Retail · Home, furniture & electronics retail
Bad Boy Furniture Warehouse Limited filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act on November 9, 2023, in the Ontario Superior Court of Justice (Commercial List) under court file no. 31-3008133. The proceeding remains active. A preliminary list of creditors prepared as at November 1, 2023 and submitted by Bad Boy, without admission as to any liability, records unsecured claims running from a few hundred dollars to $2,376,502 owed to Whirlpool Canada LP, $1,810,463 to Solid Gold Warranty Ltd, $1,353,734 to Sofa by Fancy, $840,924 to Samsung Appliances and $822,703 to Electrolux Home Products. Landlords listed include RioCan Real Estate Investment Trust at $317,382, and the Minister of Finance is listed for $17,761 of employer health tax.
Motion Record of the Plaintiff - KSV Restructuring Inc. dated January 9, 2026 — Application / notice of application
The officer filed a report. The Company completed a court-approved inventory liquidation and unsuccessfully attempted to restructure or sell its business; having failed to file a proposal, it was deemed to have made an assignment in bankruptcy on January 24, 2024, ending its operations.
Source: Trustee's Report to Creditors on Preliminary Administration dated February 12, 2024
Bad Boy Notice of Bankruptcy and First Meeting of Creditors dated January 30, 2024 — Notice to creditors
The officer filed report no. Second Report. The Company is proceeding with a liquidation sale of its inventory and FF&E across its retail stores via a consulting agreement with Infinity Asset Solutions, while continuing to operate its Builder Business and pursue restructuring options under an extended proposal period.
Source: Second Report of the Proposal Trustee November 15, 2023
Motion Record of Bad Boy Furniture Warehouse Limited returnable November 17, 2023 — Application / notice of application
The officer filed report no. First Report. The Company continues to operate its 12 retail stores and Builder Business while facing supply shortages and significant vendor arrears, and is considering a liquidation sale of certain or all stores to wind down inefficient portions of its business in an orderly manner.
Source: First Report of the Proposal Trustee dated November 9, 2023
Motion Record of Bad Boy Furniture Warehouse Limited returnable November 10, 2023 — Application / notice of application
Guide
What happens to gift cards when a company goes out of business in Canada
When a Canadian store chain files for creditor protection, a court order decides how long its gift cards still work — often about two weeks. What happens after that, and to deposits, refunds, points and bookings, drawn from the 20 retail chains that went to court since 2023.
Debtor
Bad Boy Furniture Warehouse Limited
Proposal trustee
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Nov 2023 | 196 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeKSV | Osler, Hoskin & Harcourt LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| DebtorBad Boy Furniture Warehouse Limited | Goodmans LLP | 9 Nov 2023 | Order · 10 Nov 2023 |
| CreditorCentura Real Estate Corp | Fogler, Rubinoff LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorFirst Capital Holdings (Ontario) Corporation | Torys LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorFirst Data Canada Ltd | Blake, Cassels & Graydon LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorLaurentian Bank of Canada | McCarthy Tétrault LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorOntario Land Holdings Inc | Miller Thomson LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorPrimo Bedding | Womble Bond Dickinson (us) LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorRiocan Real Estate Investment Trust and SmartCentres Real Estate Investment Trust | Camelino Galessiere LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorWhirlpool Canada LP | Borden Ladner Gervais LLP | 19 Jan 2024 | Service list · 19 Jan 2024 |
| CreditorWMA Inc | Brunner And Lundy | 19 Jan 2024 | Service list · 19 Jan 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | WHIRLPOOL CANADA LP · in 5 casesdebtor: Bad Boy Furniture Warehouse Limited · as of 1 Nov 2023 | $2.38M | Notice to Creditors dated November 14, 2023 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
148 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansNo acceptable bid — Sale Process conducted to market the Company's business and assets for sale; although several parties initially expressed an interest, no offers were receivedTrustee's Report to Creditors on Preliminary Administration dated… · 12 Feb 2024
Unsecured creditors: not yet estimated.Trustee's Report to Creditors on Preliminary Administration · 12 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | Trustee's Report to Creditors on Preliminary Administration · 12 Feb 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
Cash on hand
$1M
As at 12 Feb 2024Trustee's Report to Creditors on Preliminary Administration dated February 12, 2024
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Dismissal Order dated January 21, 2026
| PDF · Subscribers | |
| Motion Record of the Plaintiff - KSV Restructuring Inc. dated January 9, 2026 | PDF · Subscribers | |
Trustee's Report to Creditors on Preliminary Administration dated February 12, 2024
| PDF · Subscribers | |
Bad Boy Notice of Bankruptcy and First Meeting of Creditors dated January 30, 2024
| PDF · Subscribers | |
| Certificate of Appointment dated January 24, 2024 | PDF · Subscribers | |
Service List as at January 19, 2024
| PDF · Subscribers | |
Endorsement of Justice Wilton-Siegel dated November 17, 2023
| PDF · Subscribers | |
Liquidation Approval Order dated November 17, 2023
| PDF · Subscribers | |
Factum of Bad Boy Furniture Warehouse Limited re Motion returnable November 17, 2023
| PDF · Subscribers | |
Motion Record of Bad Boy Furniture Warehouse Limited returnable November 17, 2023
| PDF · Subscribers | |
Second Report of the Proposal Trustee November 15, 2023
| PDF · Subscribers | |
Notice to Creditors dated November 14, 2023
| PDF · Subscribers | |
Court Order dated November 10, 2023
| PDF · Subscribers | |
Endorsement of Justice Penny dated November 10, 2023
| PDF · Subscribers | |
Factum of Bad Boy Furniture Warehouse Limited dated November 9, 2023
| PDF · Subscribers | |
First Report of the Proposal Trustee dated November 9, 2023
| PDF · Subscribers | |
Motion Record of Bad Boy Furniture Warehouse Limited returnable November 10, 2023
| PDF · Subscribers | |
| NOI Certificate of Appointment dated November 9, 2023 | PDF · Subscribers | |
| Notice to Customers of Bad Boy Furniture Warehouse Limited | 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., “Bad Boy Furniture Warehouse Limited” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/bad-boy-furniture-warehouse-limited