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.
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.
Source: Trustee's Report to Creditors on Preliminary Administration dated August 19, 2020
Debtor
Chico's FAS Canada, Co.
Trustee in bankruptcy
KSV
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | 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 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
12 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansAs at ·
Cash on hand
$276K
As at 31 Jul 2020Trustee's Report to Creditors on Preliminary Administration dated August 19, 2020
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Report to Creditors on Preliminary Administration dated August 19, 2020
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Notice of Bankruptcy and First Meeting of Creditors
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CiteProceedings., “Chico's FAS Canada, Co.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/chico-s-fas-canada-co
Sources last checked · summary updated 20 August 2026 · Report a correction · Printed from proceedings.ca/case/chico-s-fas-canada-co
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.