Extreme Fitness

Extreme Fitness Inc. entered CCAA proceedings in the Ontario Superior Court of Justice on February 7, 2013, and the proceeding is now closed. The listing of creditors prepared as at the date of filing records the Canada Revenue Agency as the single largest unsecured claim at CAD 4,333,714.51, noted as a deemed trust class claim. The balance of the listing is made up of landlord, utility, supplier and professional claims, the largest being Canada Post at CAD 214,985.75, 10 Dundas Street Ltd at CAD 200,013.03, 110 Eglinton Avenue East Inc. at CAD 151,242.94 and Krugarand Corporation at CAD 143,876.61. Claims of Goodmans LLP, Ernst & Young Inc., Alvarez & Marsal Canada ULC and RSM Richter LLP are also listed.