Proceedings.

KidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LP

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Closed
Proceeding
Foreign recognition (CCAA)Part IV of the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”) and section 106 of the Courts of Justice Act, R.S.O. 1990, as amended (the “CJA”)
Filings held29
Last activity18 Jul 2024
On the record857 days
OverviewSummary updated

KidKraft, Inc., together with Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LP, was before the courts of Ontario on a foreign recognition application under Part IV of the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended, and section 106 of the Courts of Justice Act, R.S.O. 1990, as amended. The file proceeded in Ontario on that cross-border footing, with the CCAA's Part IV recognition provisions and section 106 of the CJA supplying the statutory basis for the relief sought. The proceeding is closed.

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Case updates29 dated entries
Parties

Debtor

KidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LP

Information officer

AlixPartners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice8 orders, May 2024 – Jun 2024288 cases on record
Justice BlackOntario Superior Court of Justice2 orders, Jul 2024176 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantOsler, Hoskin & Harcourt LLP10 May 2024Application · 10 May 2024
Foreign representativeChapter 11Osler, Hoskin & Harcourt LLP · Vinson & Elkins L.L.P.28 May 2024Service list · 28 May 2024
CreditorBackyard Products LLCMcCarthy Tétrault LLP28 May 2024Service list · 28 May 2024
CreditorCoface Finanz GmbHMcMillan LLP28 May 2024Service list · 28 May 2024
CreditorMidOceanGibson Dunn & Crutcher LLP28 May 2024Service list · 28 May 2024
CreditorStuart BrotmanFasken Martineau DuMoulin LLP28 May 2024Service list · 28 May 2024
CreditorWeston Michael LoveKatten Muchin Rosenman LLP28 May 2024Service list · 28 May 2024
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Under the planSecond Report of the Information Officer · 27 Jun 2024

ClassCreditorClaimsRecoveryBasisSource
Secured$88.5Kestimatedpaid in fullUnder the planper the monitorSecond Report of the Information Officer · 27 Jun 2024
Preferred$530Kestimatedpaid in fullUnder the planper the monitorSecond Report of the Information Officer · 27 Jun 2024
Unsecured$33.2Mestimatedno distributionUnder the planper the monitorSecond Report of the Information Officer · 27 Jun 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.

Fees and ratesAs stated in the filings

3 engagements · 1 firmlatest: KSV Restructuring Inc., 1 Jun – 24 Jun 2024, $31,787.50 in feesSecond Report of the Information Officer · 27 Jun 2024

FirmPeriodHoursFeesRatesSource
KSV Restructuring Inc.Information officerperiod 3 of 31 Jun – 24 Jun 2024$31,787.50ex. tax$475 – $7502 peopleSecond Report of the Information Officer · 27 Jun 2024
2 peopleKSV Restructuring Inc., 1 Jun – 24 Jun 2024
NameTitleHoursRateFees
David Sieradzki26.25$750$19,687.50
Meg Ostling25$475$11,875.00
Other staff and administration$225.00
KSV Restructuring Inc.Information officerperiod 2 of 3to 31 May 2024$60,118.75ex. tax$475 – $7502 peopleSecond Report of the Information Officer · 27 Jun 2024
2 peopleKSV Restructuring Inc., to 31 May 2024
NameTitleHoursRateFees
David Sieradzki62$750$46,500.00
Meg Ostling23.5$475$11,162.50
Other staff and administration$2,456.25
KSV Restructuring Inc.Information officerperiod 1 of 3145$91,906.00$575 – $7502 peopleSecond Report of the Information Officer · 27 Jun 2024
2 peopleKSV Restructuring Inc.,
NameTitleHoursRateFees
David SieradzkiOverall responsibility88.25$750$66,188.00
Meg OstlingAll aspects of mandate48.5$575$23,038.00
Other staff and administrative7.75$225 – $850$2,681.00
Documents
29 filings
DateDocumentFile
Information Officer's Termination Certificate dated July 18, 2024PDF
Endorsement of Justice Black dated July 15, 2024
  • Presiding officer Justice Black
PDF
Recognition Order dated July 15, 2024
  • Presiding officer Justice W.D. Black
PDF
Supplement to Second Report of the Information Officer dated July 12, 2024PDF
Supplementary Motion Record of the Foreign Representative dated July 12, 2024PDF
Motion Record of the Applicant dated July 11, 2024PDF
Endorsement of Justice Cavanagh dated June 28, 2024
  • Presiding officer Justice Cavanagh
PDF
Recognition Order dated June 28, 2024PDF
Factum of the Applicant dated June 27, 2024PDF
Second Report of the Information Officer dated June 27, 2024
  • Fee schedule Engagements: Form: time_summary · Rows: David Sieradzki; Meg Ostling; Fees: 2456.25 · Quote: Other staff and administration | | | 2,456.25 · Row kind: bucket · Rate kind: standard · Name as stated: Other staff and administration · Money: Tax: $7.82K · Label: HST · Quote: HST | 7,815.44 · Fees: $60.1K · Quote: Total fees and disbursements per attached time summary | $ 60,118.75 · Total: $67.9K · Quote: Total Due | $ 67,934.19 · includes tax · includes disbursements · Approximate: false · Period: End: 2024-05-31 · Kind: invoice · Quote: For the period ended May 31, 2024 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: Second Report of KSV Restructuring Inc. as Information Officer of KidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LP · Context quote: I am a Managing Director of KSV Restructuring Inc. ('KSV').; Form: time_summary · Rows: David Sieradzki; Meg Ostling; Fees: 225 · Quote: Other staff and administration | | | 225.00 · Row kind: bucket · Rate kind: standard · Name as stated: Other staff and administration · Money: Tax: $4.13K · Label: HST · Quote: HST | 4,132.38 · Fees: $31.8K · Quote: Total fees and disbursements per attached time summary | $ 31,787.50 · Total: $35.9K · Quote: Total Due | $ 35,919.88 · includes tax · includes disbursements · Approximate: false · Period: End: 2024-06-24 · Kind: invoice · Quote: for the period June 1, 2024 to June 24, 2024 · Start: 2024-06-01 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: For professional services rendered for the period June 1, 2024 to June 24, 2024 in our capacity as Courtappointed Information Officer · Context quote: I am a Managing Director of KSV Restructuring Inc. ('KSV').; Form: level_summary · Rows: David Sieradzki; Meg Ostling; Fees: 2681 · Hours: 7.75 · Quote: Other staff and administrative | | 7.75 | $ 225 - 850 | 2,681 · Rate max: 850 · Rate min: 225 · Row kind: bucket · Rate kind: range · Name as stated: Other staff and administrative · Money: Fees: $91.9K · Quote: Total fees | | | | 91,906 $ · Approximate: false · Period: Kind: cumulative · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. et al · Hours total: Quote: Total hours | | | | 145 · Value: 145 · Context quote: The blended rates for KSV and Gowling for the referenced billing periods were $636.03 and $851.16, respectively.
  • Recovery outcome Entries: per plan; per plan; per plan · Stated on: 2024-06-27 · Table missing:
PDF
Motion Record of the Foreign Representative dated June 26, 2024PDF
Endorsement of Justice Cavanagh dated June 19, 2024
  • Presiding officer Justice Cavanagh
PDF
Recognition Order dated June 19, 2024
  • Presiding officer Justice Cavanagh
PDF
Factum of the Applicant dated June 18, 2024PDF
First Report of the Information Officer dated June 18, 2024PDF
Motion Record of the Applicant dated June 17, 2024PDF
Service List dated May 28, 2024
  • Counsel Gibson, Dunn & Crutcher LLP
PDF
Endorsement of Justice Cavanagh dated May 17, 2024
  • Presiding officer Justice Cavanagh
PDF
Initial Recognition Order dated May 17, 2024
  • Presiding officer Justice Cavanagh
PDF
Supplemental Order dated May 17, 2024
  • Presiding officer Justice Cavanagh
PDF
Factum of the Applicant dated May 16, 2024PDF
Report of the Proposed Information Officer dated May 16, 2024PDF
Supplemental Application Record of the Applicant dated May 15, 2024 - Volume 1 of 2PDF
Supplemental Application Record of the Applicant dated May 15, 2024 - Volume 2 of 2PDF
Application Record of the Applicant dated May 10, 2024PDF
Endorsement of Justice Cavanagh - Applicant - KidKraft Inc. - 10-May-2024
  • Presiding officer Justice Cavanagh
PDF
Factum of the Applicant dated May 10, 2024PDF
Interim Order of Justice Cavanagh - Applicant - KidKraft Inc. - 10-May-2024
  • Presiding officer Justice Cavanagh
PDF
Notice of Application of the Applicant dated May 10, 2024
  • Counsel Osler, Hoskin & Harcourt LLP
  • Proceeding type recognition_ccaa
  • Statutory basis Part IV of the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”) and section 106 of the Courts of Justice Act, R.S.O. 1990, as amended (the “CJA”)
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Filing titles, dates, and extracted key facts are public.

CiteProceedings., “KidKraft, Inc., Solowave Design Holdings Limited, Solowave Design Inc., Solowave International Inc. and Solowave Design LP” (Foreign recognition (CCAA)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/kidkraft-inc-solowave-design-holdings-limited-solowave-design-inc-solowave-inter

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/kidkraft-inc-solowave-design-holdings-limited-solowave-design-inc-solowave-inter

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.