Proceedings.

Pier 1 Imports, Inc.

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Active
Proceeding
Foreign recognition (CCAA)section 46 of the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Ontario Superior Court of Justice
File
CV-20-00636511-00CL
Filings held54
Last activity3 Dec 2020
On the record2,407 days
Secured debt$189M
OverviewSummary updated

Pier 1 Imports, Inc. applied to the Ontario Superior Court of Justice on February 18, 2020 under section 46 of the Companies' Creditors Arrangement Act for recognition in Canada of its Chapter 11 cases, court file CV-20-00636511-00CL. As at the February 17, 2020 petition date the group carried US$376.3 million of funded secured debt: US$189,000,000 to the term loan lenders, agented by Wilmington Savings Fund Society, FSB, on a first lien over term priority collateral, and US$187,300,000 to the ABL lenders agented by Bank of America, N.A., which registered PPSA security against each Chapter 11 debtor other than PIR Trading, Inc. Holders of 63.8% of the term loan back a plan support agreement converting debt to equity, and a superpriority DIP facility of up to US$256 million was put forward.

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A claims procedure has been established — see the order for deadlines.

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Case updates52 dated entries · 2 undated
#Report

The officer filed report no. Sixth Report. Pier 1's Canadian operations were wound down early in 2020 and largely unaffected by COVID-19; the Chapter 11 Debtors are implementing a confirmed liquidating plan to wind down U.S. operations and distribute sale proceeds to stakeholders.

Source: Sixth Report of the Information Officer (October 8, 2020)

Undated filings2 — no date appears on the document · show
—
Claims

Administrative Claims – Proof of Claim Form — Claims process approved

PDF

—
Filing

E-Service List — Application filed

PDF

Parties

Debtor

Pier 1 Imports, Inc.

Information officer

Alvarez & Marsal

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HaineyOntario Superior Court of Justice7 orders, Feb 2020 – Oct 2020196 cases on record
Justice GilmoreOntario Superior Court of Justice2 orders, Mar 202062 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantOsler, Hoskin & Harcourt LLP · Hoskin & Harcourt LLP18 Feb 2020Order · 18 Feb 2020
CreditorABL Credit FacilityNorton Rose Fulbright Canada LLP9 Oct 2020Service list · 9 Oct 2020
CreditorAd Hoc Group of Term LoanBrown Rudnick LLP9 Oct 2020Service list · 9 Oct 2020
CreditorADMNS Meadowlands Investment CorporationWeirFoulds LLP9 Oct 2020Service list · 9 Oct 2020
CreditorChapter 11Kirkland & Ellis LLP · Kutak Rock LLP · Osler, Hoskin & Harcourt LLP9 Oct 2020Service list · 9 Oct 2020
CreditorConsultantCassels Brock & Blackwell LLP9 Oct 2020Service list · 9 Oct 2020
CreditorCPH Master Limited PartnershipAird & Berlis LLP9 Oct 2020Service list · 9 Oct 2020
CreditorDIP ABL Term AgentChoate Hall & Stewart LLP · Troutman Sanders LLP9 Oct 2020Service list · 9 Oct 2020
CreditorDIP Administrative AgentHunton Andrews Kurth LLP9 Oct 2020Service list · 9 Oct 2020
CreditorDominique MichaudRobins Appleby LLP9 Oct 2020Service list · 9 Oct 2020
CreditorIan AversaAird & Berlis LLP9 Oct 2020Service list · 9 Oct 2020
CreditorInformation OfficerStikeman Elliott LLP9 Oct 2020Service list · 9 Oct 2020
CreditorIvanhoe Cambridge, SmartCentres REIT, Triovest, RioCan REIT and Cushman & WakefieldCamelino Galessiere LLP9 Oct 2020Service list · 9 Oct 2020
CreditorJohn C. WolfBlaney McMurtry LLP9 Oct 2020Service list · 9 Oct 2020
CreditorOxford Properties and Crombie REITGardiner Roberts LLP9 Oct 2020Service list · 9 Oct 2020
CreditorPenex Kanata LtdDaoust Vukovich LLP9 Oct 2020Service list · 9 Oct 2020
CreditorZephyr Holdings LtdBoughton Law Corporation9 Oct 2020Service list · 9 Oct 2020
Capital structureAs asserted in the filings
USD · stated amounts, drawn to scale · 1 named without a figure
Priority classCreditorAmountSource
SecuredTerm Loan Lenders (Wilmington Savings Fund Society, FSB, as administrative and collateral agent, and lenders party thereto)as of Petition Date (February 17, 2020) — First-priority lien on Term Priority Collateral (equipment, fixtures, investment property, intellectual property, owned/leased real estate) per Intercreditor Agreement dated April 30, 2014, and second lien on substantially all other assets of Pier 1 Retail and Prepetition Guarantors — Part of $376.3 million total funded secured debt; 63.8% of Term Loan Lenders support the PSA contemplating debt-to-equity conversion — debtor: Pier 1 Imports (U.S.), Inc. (Pier 1 Retail); guaranteed by Prepetition Guarantors$189M USDFirst Report of the Information Officer dated February 20, 2020
SecuredABL Lenders (Bank of America, N.A. as administrative agent, and other lenders; Pathlight Capital LP re: ABL Term Loan) · in 3 casesas of Petition Date (February 17, 2020) — First priority lien on ABL Priority Collateral (cash and equivalents, accounts, inventory) and second lien on substantially all other assets of Pier 1 Retail and Prepetition Guarantors, per Intercreditor Agreement dated April 30, 2014; comprised of $137.3 million ABL Revolving Facility, $15 million FILO Facility, and $35 million ABL Term Loan — Part of $376.3 million total funded secured debt; Stikeman confirmed Bank of America N.A., as collateral agent, registered PPSA security interests against each Chapter 11 Debtor (except PIR Trading, Inc., which $187M USDFirst Report of the Information Officer dated February 20, 2020
SecuredDIP Lenders (Bank of America and Wells Fargo Bank, National Association re: Revolving/FILO Commitments; Pathlight Capital LP re: DIP ABL Term Loan) · in 3 casesUp to $256 million commitment (superpriority DIP facility): first priority liens on ABL Priority Collateral, second priority liens on Term Priority Collateral; proposed DIP Lenders' Charge over Canadian Property, ranking third after Administration Charge and Directors' Charge — This is a postpetition/DIP facility, not part of the prefiling capital structure per se, but is secured against pre-existing collateral and proposed to be secured against Canadian Property; included for completeness as a proposed post-filing secured charge — debtor: Pier 1 Imports (U.S.), Inc.; guaranteed by Pier 1 Impo—First Report of the Information Officer dated February 20, 2020

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

RecoveriesAs stated in the filings

Unsecured creditors: a distribution. DIP Lenders paid in full · Term Loan Lenders 88 %.Under the planSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020

ClassCreditorClaimsRecoveryBasisSource
SecuredDIP Claims—paid in fullper the monitorSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
SecuredDIP Lenders—paid in fullUnder the planper the monitorFourth Report of the Information Officer (June 22, 2020) · 22 Jun 2020
SecuredTerm Loan Lenders—88 %Under the planper the monitorFourth Report of the Information Officer (June 22, 2020) · 22 Jun 2020
Preferred——10–40 %Under the planper the monitorFifth Report of the Information Officer (July 20, 2020) · 20 Jul 2020
Unsecured——a distributionconditionalUnder the planper the monitorSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020

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

10 engagements · 2 firms — latest: Alvarez & Marsal Canada Inc., 6 Feb – 7 Oct 2020, $179,151.00 in feesSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020

FirmPeriodHoursFeesRatesSource
Alvarez & Marsal Canada Inc.Information officerperiod 9 of 96 Feb – 7 Oct 2020258.6$179,151.00ex. tax$692.77stated averageSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
Alvarez & Marsal Canada Inc.Information officerperiod 9 of 926 Jul – 7 Oct 202025.3$19,003.00ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 26 Jul – 7 Oct 2020
NameTitleHoursRateFees
Alan HutchensManaging Director9.7$915$8,875.50
Melanie MacKenzieSenior Director13.3$695$9,243.50
Ryan GruneirDirector0.7$520$364.00
Andrew SterlingAnalyst1.6$325$520.00
Alvarez & Marsal Canada Inc.Information officerperiod 7 of 928 Jun – 25 Jul 20209.8$7,712.00ex. tax$520 – $9153 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
3 people — Alvarez & Marsal Canada Inc., 28 Jun – 25 Jul 2020
NameTitleHoursRateFees
Alan HutchensManaging Director4.6$915$4,209.00
Melanie MacKenzieSenior Director4.9$695$3,405.50
Andrew SterlingAnalyst0.3$520$97.50
Alvarez & Marsal Canada Inc.Information officerperiod 6 of 924 May – 27 Jun 202017.2$12,426.00ex. tax$520 – $9153 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
3 people — Alvarez & Marsal Canada Inc., 24 May – 27 Jun 2020
NameTitleHoursRateFees
Alan HutchensManaging Director3.1$915$2,836.50
Melanie MacKenzieSenior Director12.9$695$8,965.50
Ryan GruneirDirector1.2$520$624.00
Alvarez & Marsal Canada Inc.Information officerperiod 5 of 919 Apr – 23 May 20209.7$7,181.00ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 19 Apr – 23 May 2020
NameTitleHoursRateFees
Alan HutchensManaging Director4.5$915$4,117.50
Melanie MacKenzieSenior Director2.5$695$1,737.50
Ryan GruneirDirector2.3$520$1,196.00
Andrew SterlingAnalyst0.4$325$130.00
Alvarez & Marsal Canada Inc.Information officerperiod 4 of 915 Mar – 18 Apr 202057.3$41,755.50ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 15 Mar – 18 Apr 2020
NameTitleHoursRateFees
Alan HutchensManaging Director17.8$915$16,287.00
Melanie MacKenzieSenior Director29.5$695$20,502.50
Ryan GruneirDirector8.8$520$4,576.00
Andrew SterlingAnalyst1.2$325$390.00
Alvarez & Marsal Canada Inc.Information officerperiod 3 of 923 Feb – 14 Mar 202029.5$18,620.50ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 23 Feb – 14 Mar 2020
NameTitleHoursRateFees
Alan HutchensManaging Director4.9$915$4,483.50
Melanie MacKenzieSenior Director8.8$695$6,116.00
Ryan GruneirDirector14.8$520$7,696.00
Andrew SterlingAnalyst1$325$325.00
Alvarez & Marsal Canada Inc.Information officerperiod 2 of 918 Feb – 22 Feb 202045.1$29,704.00ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 18 Feb – 22 Feb 2020
NameTitleHoursRateFees
Alan HutchensManaging Director8.2$915$7,503.00
Melanie MacKenzieSenior Director19$695$13,205.00
Ryan GruneirDirector16.3$520$8,476.00
Andrew SterlingAnalyst1.6$325$520.00
Alvarez & Marsal Canada Inc.Information officerperiod 1 of 96 Feb – 17 Feb 202064.7$42,749.00ex. tax$325 – $9154 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
4 people — Alvarez & Marsal Canada Inc., 6 Feb – 17 Feb 2020
NameTitleHoursRateFees
Alan HutchensManaging Director13.8$915$12,627.00
Melanie MacKenzieSenior Director24$695$16,680.00
Ryan GruneirDirector24.1$520$12,532.00
Andrew SterlingAnalyst2.8$325$910.00
Stikeman Elliott LLPCounsel to the information officer12 Feb – 5 Oct 2020—$156,260.20ex. tax$325 – $1,20016 peopleSixth Report of the Information Officer (October 8, 2020) · 8 Oct 2020
16 people — Stikeman Elliott LLP, 12 Feb – 5 Oct 2020
NameTitleHoursRateFees
Peter HamiltonPartner0.5$1,200$600.00
Daphne MacKenziePartner11.5$1,150$13,225.00
Elizabeth PillonPartner8.74$1,075$9,395.50
Scott PerrinPartner3.7$1,000$3,700.00
Maria KonyukhovaPartner34.99$900$31,491.00
Meaghan Obee TowerPartner16.68$900$15,012.00
Kelly NiebergallCounsel1.25$800$1,000.00
Amy NugentSr. Counsel3.4$700$2,380.00
Shona SinclairAssociate5.5$700$3,850.00
Lee NicholsonAssociate106.92$610$65,221.20
Khalfan KhalfanAssociate1$535$535.00
Emma WalterAssociate12.91$500$6,455.00
Lorrelei BretonClerk3$380$1,140.00
Marco GarciaClerk3$380$1,140.00
Madison VonkArticling Student0.68$350$238.00
Jasmyn CivinClerk2.7$325$877.50

Top rate $915 · 15th percentile of information officer rates, 2020 · of 14

Estate financialsReported figures — never derived

Professional fees to date

$223K

As at 8 Oct 2020Sixth Report of the Information Officer (October 8, 2020)

Documents
54 filings
DateDocumentFile
Information Officer’s Certificate (December 3, 2020)PDF
Endorsement of Justice Hainey (October 13, 2020)
  • Presiding officer Justice Hainey
PDF
Order (Recognition of Confirmation Order) (October 13, 2020)PDF
master_service_list.pdf
  • Counsel Boughton Law Corporation
PDF
Sixth Report of the Information Officer (October 8, 2020)
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $25.6K · Label: HST · Quote: $ 25,641.37 · Fees: $179K · Quote: $ 179,151.00 · Total: $223K · Quote: $222,882.65 · includes tax · includes disbursements · Approximate: false · Disbursements: $18.1K · Quote: $ 18,090.28 · Period: End: 2020-10-07 · Kind: cumulative · Label: A&M Application Period · Quote: in respect of these proceedings for the period from February 6, 2020 to October 7, 2020 (the ' A&M Application Period ') · Start: 2020-02-06 · Approval: State: unstated · Averages: Total Fees (excl. Disbursements and HST) · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: Tax: 959.53 · Date: 2020-05-25 · Fees: 7181 · Quote: Invoice #5 | May 25, 2020 | April 19, 2020 to May 23, 2020 · Total: 8340.53 · Period end: 2020-05-23 · Period start: 2020-04-19 · Disbursements: 200; Tax: 1625.13 · Date: 2020-06-29 · Fees: 12426 · Quote: Invoice #6 | June 29, 2020 | May 24, 2020 to June 27, 2020 · Total: 14126.13 · Period end: 2020-06-27 · Period start: 2020-05-24 · Disbursements: 75; Tax: 1002.56 · Date: 2020-07-27 · Fees: 7712 · Quote: Invoice #7 | July 27, 2020 | June 28, 2020 to July 25, 2020 · Total: 8714.56 · Period end: 2020-07-25 · Period start: 2020-06-28 · Disbursements: 0; Tax: 2515.89 · Date: 2020-10-07 · Fees: 19003 · Quote: Invoice #8 | October 7, 2020 | July 26, 2020 to October 7, 2020 · Total: 21868.89 · Period end: 2020-10-07 · Period start: 2020-07-26 · Disbursements: 350 · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 258.6 · Value: 258.6 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $5.56K · Label: HST @ 13% · Quote: 5,557.37 · Fees: $42.7K · Quote: $42,749.00 · Total: $48.3K · Quote: $48,306.37 · includes tax · Approximate: false · Period: End: 2020-02-17 · Kind: invoice · Quote: for the period to February 17, 2020 · Start: 2020-02-06 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 64.7 · Value: 64.7 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $3.86K · Label: HST @ 13% · Quote: 3,861.52 · Fees: $29.7K · Quote: $29,704.00 · Total: $33.6K · Quote: $33,565.52 · includes tax · Approximate: false · Period: End: 2020-02-22 · Kind: invoice · Quote: for the period February 18 to 22, 2020 · Start: 2020-02-18 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 45.1 · Value: 45.1 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $4.69K · Label: HST @ 13% · Quote: 4,691.15 · Fees: $18.6K · Quote: $18,620.50 · Total: $40.8K · Quote: $40,776.93 · includes tax · Approximate: false · Period: End: 2020-03-14 · Kind: invoice · Quote: for the period February 23 to March 14, 2020 · Start: 2020-02-23 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 29.5 · Value: 29.5 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $5.43K · Label: HST @ 13% · Quote: 5,428.22 · Fees: $41.8K · Quote: $41,755.50 · Total: $47.2K · Quote: $47,183.72 · includes tax · Approximate: false · Period: End: 2020-04-18 · Kind: invoice · Quote: for the period March 15 to April 18, 2020 · Start: 2020-03-15 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 57.3 · Value: 57.3 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $960 · Label: HST @ 13% · Quote: 959.53 · Fees: $7.18K · Quote: $7,181.00 · Total: $8.34K · Quote: $8,340.53 · includes tax · includes disbursements · Approximate: false · Disbursements: $200 · Quote: 200.00 · Period: End: 2020-05-23 · Kind: invoice · Quote: for the period April 19 to May 23, 2020 · Start: 2020-04-19 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 9.7 · Value: 9.7 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir · Money: Tax: $1.63K · Label: HST @ 13% · Quote: 1,625.13 · Fees: $12.4K · Quote: $12,426.00 · Total: $14.1K · Quote: $14,126.13 · includes tax · includes disbursements · Approximate: false · Disbursements: $75 · Quote: 75.00 · Period: End: 2020-06-27 · Kind: invoice · Quote: for the period May 24 to June 27, 2020 · Start: 2020-05-24 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 17.2 · Value: 17.2 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; A. Sterling · Money: Tax: $1K · Label: HST @ 13% · Quote: 1,002.56 · Fees: $7.71K · Quote: $7,712.00 · Total: $8.71K · Quote: $8,714.56 · includes tax · Approximate: false · Period: End: 2020-07-25 · Kind: invoice · Quote: for the period June 28 to July 25, 2020 · Start: 2020-06-28 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 9.8 · Value: 9.8 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: time_summary · Rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · Money: Tax: $2.52K · Label: HST @ 13% · Quote: 2,515.89 · Fees: $19K · Quote: $19,003.00 · Total: $21.9K · Quote: $21,868.89 · includes tax · includes disbursements · Approximate: false · Disbursements: $350 · Quote: 350.00 · Period: End: 2020-10-07 · Kind: invoice · Quote: for the period July 26 to October 7, 2020 · Start: 2020-07-26 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL INVOICE (in $CAD) · Invoices: · Firm text: Alvarez & Marsal Canada Inc. · Firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · Hours total: Quote: 25.3 · Value: 25.3 · Context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); Form: invoice_listing · Rows: Elizabeth Pillon; Maria Konyukhova; Lee Nicholson; Meaghan Obee Tower; Emma Walter; Daphne MacKenzie; Shona Sinclair; Scott Perrin; Amy Nugent; Lorrelei Breton; Marco Garcia; Jasmyn Civin; Kelly Niebergall; Khalfan Khalfan; Peter Hamilton; Madison Vonk · Money: Tax: $22.6K · Label: BCPST/HST · Quote: $22,646.38 · Fees: $156K · Quote: $156,260.20 · Total: $193K · Quote: $192,526.24 · includes tax · includes disbursements · Approximate: false · Disbursements: $13.6K · Quote: $13,619.66 · Period: End: 2020-10-05 · Kind: cumulative · Quote: Stikeman Elliott Fees - February 12, 2020 - October 5, 2020 Breakdown by Timekeepers · Start: 2020-02-12 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 1860.08 · Date: 2020-03-06 · Fees: 13928.25 · Quote: March 6, 2020 | 5813236 | $13,928.25 | $317.09 | $1,860.08 | $16,105.42 · Total: 16105.42 · Disbursements: 317.09; Tax: 9520.6 · Date: 2020-03-06 · Fees: 71129.15 · Quote: March 6, 2020 | 5813245 | 71,129.15 | 1,817.34 | 9,520.60 | 82,467.09 · Total: 82467.09 · Disbursements: 1817.34; Tax: 5127.52 · Date: 2020-04-09 · Fees: 23986.1 · Quote: April 9, 2020 | 5799046 | 23,986.10 | 11,485.23 | 5,127.52 | 40,598.85 · Total: 40598.85 · Disbursements: 11485.23; Tax: 2811.39 · Date: 2020-05-07 · Fees: 21626.05 · Quote: May 7, 2020 | 5809728 | 21,626.05 | - | 2,811.39 | 24,437.44 · Total: 24437.44; Tax: 1114.05 · Date: 2020-07-10 · Fees: 8569.6 · Quote: July 10, 2020 | 5825525 | 8,569.60 | - | 1,114.05 | 9,683.65 · Total: 9683.65; Tax: 1114.67 · Date: 2020-08-10 · Fees: 8574.35 · Quote: August 10, 2020 | 5831376 | 8,574.35 | - | 1,114.67 | 9,689.02 · Total: 9689.02; Tax: 1098.07 · Date: 2020-10-07 · Fees: 8446.7 · Quote: October 7, 2020 | 5840570 | 8,446.70 | - | 1,098.07 | 9,544.77 · Total: 9544.77 · Firm text: Stikeman Elliott LLP · Firm quote: The Information Officer retained Stikeman Elliott LLP as its counsel in these proceedings. · Context quote: The Information Officer retained Stikeman Elliott LLP as its counsel in these proceedings.
  • Operational summary Pier 1's Canadian operations were wound down early in 2020 and largely unaffected by COVID-19; the Chapter 11 Debtors are implementing a confirmed liquidating plan to wind down U.S. operations and distribute sale proceeds to stakeholders.
  • Professional fees $223K · Note: Comprised of fees of $179,151.00, disbursements of $18,090.28 and HST of $25,641.37; Stikeman Elliott LLP (legal counsel) fees and disbursements for February 12, 2020 to October 5, 2020 totalled $192,526.24, comprised of fees of $156,260.20, disbursements of $13,619.66, and HST/BC PST of $22,646.38 · Party: Information Officer (Alvarez & Marsal Canada Inc.) · Period: February 6, 2020 to October 7, 2020
  • Recovery outcome Entries: per unstated; per plan; per plan; per plan · Stated on: 2020-10-08 · Table missing:
  • + 2 more extracted facts
PDF
Book of Authorities (October 7, 2020)PDF
Factum (October 7, 2020)PDF
Motion Record (October 1, 2020)PDF
Order (Recognition of Disclosure Statement) (August 6, 2020)
  • Counsel Osler, Hoskin & Harcourt, LLP
PDF
Fifth Report of the Information Officer (July 20, 2020)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per plan · Stated on: 2020-07-20 · Table missing:
PDF
Motion Record of Pier 1 Imports, Inc. (July 16, 2020)PDF
Administrative Claims – Proof of Claim InstructionsPDF
Fourth Report of the Information Officer (June 22, 2020)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per unstated · Stated on: 2020-06-22 · Table missing:
PDF
Information Officer’s Certificate (Reduction to D&O Charge) (June 9, 2020)PDF
Information Officer’s Certificate (Reduction to D&O Charge) (May 7, 2020)PDF
Endorsement of Justice Hainey dated April 21, 2020PDF
Recognition Order dated April 21, 2020
  • Counsel Osler, Hoskin & Harcourt, LLP
  • Presiding officer Justice Hainey
PDF
Third Report of the Information Officer dated April 19, 2020PDF
Motion Record of Pier 1 Imports, Inc. (April 16, 2020)PDF
Endorsement of Justice Gilmore dated March 5, 2020
  • Presiding officer Justice Gilmore
PDF
Issued & entered Order of Justice Gilmore re Recognition Order dated March 5, 2020
  • Presiding officer Justice Gilmore
PDF
Second Report of the Information Officer dated March 4, 2020PDF
Motion Record of Pier 1 Imports, Inc. (March 2, 2020)
  • Applicant Pier 1 Imports, Inc.
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-20-00636511-00CL
  • Province ONTARIO
  • + 1 more extracted fact
PDF
Affidavit of G. Rotrand (affirmed February 24, 2020)PDF
Order of Hainey J., as issued & entered on Feb. 21, 2020, re Amended and Restated Supplemental Order (Foreign Main Proceeding)
  • Presiding officer Justice Hainey
PDF
Endorsement of Justice Hainey dated February 20, 2020
  • Presiding officer Justice Hainey
PDF
First Report of the Information Officer dated February 20, 2020
  • Secured creditors $187M USD · Note: Part of $376.3 million total funded secured debt; Stikeman confirmed Bank of America N.A., as collateral agent, registered PPSA security interests against each Chapter 11 Debtor (except PIR Trading, Inc., which has no Canadian assets); security opinion in respect of Canadian PPSA perfection not yet finalized as of report date, though no issues identified in preliminary review · Page: 10 · As of: Petition Date (February 17, 2020) · Debtor: Pier 1 Imports (U.S.), Inc. (Pier 1 Retail); guaranteed by Pier 1 Imports, Inc., Pier 1 Assets, Inc., Pier 1 Licensing, Inc., Pier 1 Holdings, Inc., Pier 1 Services Company, and Pier 1 Value Services, LLC · Creditor: ABL Lenders (Bank of America, N.A. as administrative agent, and other lenders; Pathlight Capital LP re: ABL Term Loan) · Security: First priority lien on ABL Priority Collateral (cash and equivalents, accounts, inventory) and second lien on substantially all other assets of Pier 1 Retail and Prepetition Guarantors, per Intercreditor Agreement dated April 30, 2014; comprised of $137.3 million ABL Revolving Facility, $15 million FILO Facility, and $35 million ABL Term Loan
PDF
Supplemental Application Record - IndexPDF
Supplemental Application Record - Tab 1 (A-J)PDF
Supplemental Application Record - Tab 1 (K-L)PDF
Supplemental Application Record - Tab 1 (M)PDF
Supplemental Application Record - Tab 1 (N)PDF
Application Record - IndexPDF
Book of Authorities of Pier 1 Imports, Inc. dated February 18, 2020PDF
Endorsement of Justice Hainey dated February 18, 2020
  • Presiding officer Justice Hainey
PDF
Factum of Pier 1 Imports Inc. dated February 18, 2020PDF
Initial Recognition Order dated February 18, 2020
  • Applicant Pier 1 Imports, Inc.
  • Counsel Osler, Hoskin & Harcourt, LLP
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-20-00636511-00CL
  • + 1 more extracted fact
PDF
Notice of Recognition OrdersPDF
Supplemental Order dated February 18, 2020
  • Counsel Ler, Hoskin & Harcourt, LLP
  • Presiding officer Justice Hainey
PDF
Tab 1 - Notice of ApplicationPDF
Tab 2 - Affidavit of Robert J. Riesbeck (A-B)PDF
Tab 3 - Affidavit of Graeme Rotrand (A-D)PDF
Tab 3 - Affidavit of Graeme Rotrand (E-G)PDF
Tab 3 - Affidavit of Graeme Rotrand (H-I)PDF
Tab 3 - Affidavit of Graeme Rotrand (J-P)PDF
Tab 3 - Affidavit of Graeme Rotrand (Q-S)PDF
Tab 3 - Affidavit of Graeme Rotrand (T-V)PDF
Tab 3 - Affidavit of Graeme Rotrand (W-X)PDF
Tab 3 - Affidavit of Graeme Rotrand (Y-BB)PDF
Tab 4 - Draft Initial Recognition Order (Foreign Main Proceeding)
  • Applicant Pier 1 Imports, Inc.
  • Commencement date 18 February 2020
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Province ONTARIO
  • + 1 more extracted fact
PDF
Tab 5 - Draft Supplemental Order (Foreign Main Proceeding) (without schedules)PDF
Tab 2 - Affidavit of Robert J. Riesbeck (C-F)PDF
Administrative Claims – Proof of Claim FormPDF
E-Service ListPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Pier 1 Imports, Inc.” (Foreign recognition (CCAA)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/pier-1-imports-inc

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Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/pier-1-imports-inc

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.