Chico's FAS Canada, Co. entered bankruptcy under the Bankruptcy and Insolvency Act on July 31, 2020, with KSV Kofman Inc. acting as Licensed Insolvency Trustee under file no. 31-2661908. The proceeding remains active. A preliminary list of creditors as at July 30, 2020, submitted by the company without admission as to liability, records unsecured claims led by Swis Parrot at $4,859,635.00 and by Chico's Retail Services, Inc., a related party in the parent and affiliate group, at $882,995.63. The balance of the list is dominated by shopping centre landlords, including Square One Property Corporation at $258,212.22, Canapen (Halton) Limited and Ivanhoe Cambridge II Inc. at $180,866.37, Oxford Properties Retail Holdings II Inc. and CPPIB Upper Canada Mall Inc. at $166,182.72, The Outlet Collection (Niagara) Limited at $98,244.51 and Bayshore Shopping Centre Limited and KS Bayshore Inc. at $82,889.85.
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The officer filed a report. Following the bankruptcy, the Trustee immediately reopened and launched a store closing/liquidation sale across all 10 formerly-closed retail locations, engaging Tiger Asset Solutions to assist, in order to sell remaining spring/summer inventory within the Trustee's 90-day occupancy window. Court file 31-2661908.
Swis ParrotSame address as Chico's Retail Services, Inc. (Fort Myers, FL) - possible related party — debtor: Chico's FAS Canada, Co. · as of 30 Jul 2020
$4.86M
Notice of Bankruptcy and First Meeting of Creditors
Sources last checked · summary updated 20 August 2026 · Report a correction · Printed from proceedings.ca/case/chico-s-fas-canada-co
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