The Body Shop Canada Limited
- Proceeding
- CCAAsection 126(2) of the Bankruptcy and Insolvency Act
- File
- 31-3050418
- Industry
- Retail · Health & beauty retail
The Body Shop Canada Limited obtained an initial order under the Companies' Creditors Arrangement Act from the Ontario Superior Court of Justice on Friday, July 5, 2024, on its own application, with a monitor appointed to oversee the proceedings. The matter is carried on the Commercial List and remains active. Aurelius IV UK Acquico Seven Limited is listed as a secured creditor. Among unsecured claims as at July 5, 2024, RTC Industries Inc is owed $331,673.44 and AWIN Inc. and Subsidiary $297,327.92, both converted from US dollars at 1.36, followed by Purolator Inc. at $246,690.10, DSV Air & Sea Inc at $243,264.35, Brinks Canada Limited at $182,444.32 and Jungle Media Inc. at $138,660.26. West Edmonton Mall Property Inc claims $55,357.45.
A claims procedure has been established — see the order for deadlines.
Per the Instruction Letter for the Claims Procedure dated 19 February 2025.
The officer filed report no. Fifth Report. The Monitor continues administering the Claims Procedure, engaging with CRA on withholding tax obligations and refunds, and monitoring the UK Administration Proceeding for a potential distribution benefiting TBS Canada's creditors, while seeking approval to distribute funds to CRA to satisfy the assessed withholding tax amount.
Source: Fifth Report of the Monitor
The officer filed report no. Fourth Report. TBS Canada's business has already been sold pursuant to the Transaction; the Monitor is now focused on winding down the estate, including finalizing the Claims Procedure, resolving withholding tax obligations with CRA, and pursuing recovery from the UK Parent's administration proceeding before making distributions to creditors.
Source: Fourth Report of the Monitor
The officer filed report no. Third Report of the Monitor. The Body Shop business in Canada has been sold as a going concern to the Purchaser, with 59 stores continuing operations, while twelve excluded stores were liquidated and closed; the Company itself no longer has directors, officers or employees and is being wound down under the Monitor's expanded powers.
Source: Third Report of the Monitor
The court granted an approval and vesting order for the sale to 1001072685 Ontario Inc. (now Body and Lotion Inc.). Closing terms, as extracted: vesting effective upon delivery of Monitor's Certificate confirming satisfaction of Closing conditions under sections 6.4 and 6.5 of the APA. Sealed: unredacted copy of the APA, summary of bids received, Monitor's liquidation analysis.
Source: Approval and Vesting Order
Factum (Motion for Approval and Vesting Order, Assignment Order and Ancillary Order) — Application / notice of application
The officer filed report no. Second Report. TBS Canada is completing a going-concern sale of its business and franchise assets to a purchaser, with the Monitor seeking expanded powers to wind down the Company following closing, as the Company's directors and officers will resign and it will no longer have employees or operations.
Source: Second Report of the Monitor
Aide-Mémoire of the Terminated Canadian Employees (Returnable October 4, 2024) — Response / objection pleading
The officer filed report no. First Report. TBS Canada continues to operate its 71 retail stores while pursuing a going-concern sale/franchise transaction through a court-supervised sale process, having recently secured significant inventory replenishment to support operations through the 2024 holiday season.
Source: First Report of the Monitor
The Ontario Superior Court of Justice granted an initial order under the Companies' Creditors Arrangement Act on Friday, July 5, 2024, on The Body Shop Canada Limited's own application.
Source: Initial Order
Fifth Report of the Proposal Trustee and Pre-Filing Report of the Proposed Monitor — Pre-filing report
The officer filed report no. Fourth Report. TBS Canada continues operating its Going Concern Stores while working through inventory replenishment following disruptions from the UK Parent's administration and the US affiliate's Chapter 7 proceeding, and is seeking a further stay extension to advance strategic alternatives for a going-concern outcome.
The officer filed report no. Third Report. TBS Canada continues to operate its 72 remaining store locations while pursuing inventory replenishment and a going-concern proposal, having previously closed 33 underperforming stores and terminated approximately 220 employees.
Responding Motion Record of The Body Shop Canada Limited (Returnable July 4, 2024) — Response / objection pleading
Supplementary Motion Record of Stephanie Hood and Other Employees — Application / notice of application
Motion Record of Stephanie Hood and Other Employees was filed. Court file BK-24-03050418-0031.
The officer filed report no. Second Report. TBS Canada completed liquidation and closure of 33 store locations (terminating approximately 197 store-level employees), continues to operate 72 Going Concern Stores with about 570 employees, and is working to rebuild its inventory supply chain following disruption caused by its UK parent's insolvency, while pursuing a going-concern outcome.
The officer filed report no. First Report. The Company commenced liquidation sales and disclaimed leases at 33 of its 105 stores to reduce costs, while its remaining 72 stores continue operating in the ordinary course as it explores strategic alternatives.
Undated filings1 — no date appears on the document · show
Sixth Report of the Monitor — Court officer report filed
Guide
What happens to gift cards when a company goes out of business in Canada
When a Canadian store chain files for creditor protection, a court order decides how long its gift cards still work — often about two weeks. What happens after that, and to deposits, refunds, points and bookings, drawn from the 20 retail chains that went to court since 2023.
Debtor
The Body Shop Canada Limited
Monitor
Alvarez & Marsal
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 9 orders, Jun 2024 – Mar 2025 | 168 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlvarez & Marsal | Cassels Brock & Blackwell LLP | 19 Mar 2026 | Application · 19 Mar 2026 |
| ApplicantBody Shop Canada Limited | Davies Ward Phillips & Vineberg LLP | 5 Jul 2024 | Order · 5 Jul 2024 |
| DebtorThe Body Shop Canada Limited | Davies Ward Phillips & Vineberg LLP | 24 Apr 2024 | Order · 28 Jun 2024 |
| CreditorCadillac Fairview Corporation Limited | Torys LLP | 26 Mar 2026 | Service list · 26 Mar 2026 |
| CreditorCrombie Property Holdings Limited | Gardiner Roberts LLP | 26 Mar 2026 | Service list · 26 Mar 2026 |
| CreditorGeneral of Canada | Thornton Grout Finnigan LLP | 12 Dec 2024 | Factum · 12 Dec 2024 |
| CreditorOxford Properties Group Inc | Thornton Grout Finnigan LLP | 26 Mar 2026 | Service list · 26 Mar 2026 |
| CreditorStephanie Hood | Koskie Minsky LLP | 22 May 2024 | Service list · 26 Mar 2026 |
| CreditorTerminated Canadian Employees | Koskie Minsky LLP | 24 Apr 2024 | Application · 24 Apr 2024 |
| CreditorZ.L.C | Ali & Demek Lawyers LLP | 26 Mar 2026 | Service list · 26 Mar 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Aurelius IV UK Acquico Seven LimitedTotal Secured Creditors stated as $0.00 in this list; amount shown as undetermined/unknown per document note 5. — debtor: The Body Shop Canada Limited · as of 5 Jul 2024 | $0 | List of Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
175 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 2 closed — Sale process culminated in a going-concern transaction with Body and Lotion Inc. that closed December 16, 2024.Fifth Report of the Monitor · 19 Mar 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1001072685 Ontario Inc. (now Body and Lotion Inc.)all of the Seller's right, title and interest in and to the Purchased Assets described in the APA · asset sale · nominee/assignee: any permitted assignee under the APA · agreement 6 Dec 2024 | Sealed | Closed16 Dec 2024 | Fifth Report of the Monitor |
| Aurea Investment Groupthe business and assets of the Company · asset sale | not stated | Closed7 Sep 2024 | Fifth Report of the Monitor |
Unsecured creditors: a distribution.EstimatedFifth Report of the Monitor · 19 Mar 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | secured creditors (Aurelius and ALMA) | — | paid in full | Final | Fifth Report of the Monitor · 19 Mar 2026 |
| Unsecured | Claimants with an accepted Claim | — | Estimatedper the monitor | Fifth Report of the Monitor · 19 Mar 2026 | |
| Unsecured | UK Parent (TBSI Realisations Limited) | — | Estimated | Fourth Report of the Monitor · 11 Nov 2025 |
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.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$13.6M
As at 9 Dec 2024Second Report of the Monitor
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals 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 |
|---|---|---|
Endorsement of Justice Steele
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Factum
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
Endorsement of Justice Black
| PDF · Subscribers | |
| Stay Extension Order | PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
Ancillary Order
| PDF · Subscribers | |
Endorsement of Justice Osborne
| PDF · Subscribers | |
| Instruction Letter for the Claims Procedure | PDF · Subscribers | |
| Notice Letter for the Claims Procedure | PDF · Subscribers | |
| Notice of Dispute of Revision or Disallowance | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
Aide Memoire of the Attorney General of Canada
| PDF · Subscribers | |
| Factum (Motion for Declaration Oder) | PDF · Subscribers | |
Supplement to the Second Report of the Monitor
| PDF · Subscribers | |
| Factum (Motion for Approval and Vesting Order, Assignment Order and Ancillary Order) | PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
Declaration Order
| PDF · Subscribers | |
| Motion Record (Returnable December 13, 2024) | PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Assignment Order
| PDF · Subscribers | |
| Aide-Mémoire of the Terminated Canadian Employees (Returnable October 4, 2024) | PDF · Subscribers | |
Factum (Motion Returnable October 4, 2024)
| PDF · Subscribers | |
First Report of the Monitor
| PDF · Subscribers | |
| Motion Record (Motion Returnable October 4, 2024) | PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
Monitor’s Certificate
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Order
| PDF · Subscribers | |
Reply Factum
| PDF · Subscribers | |
| Factum (CCAA Conversion Motion Returnable July 5, 2024) | PDF · Subscribers | |
| Fifth Report of the Proposal Trustee and Pre-Filing Report of the Proposed Monitor | PDF · Subscribers | |
NOI Discharge and Termination Order
| PDF · Subscribers | |
| Supplementary Reply Motion Record | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Motion Record (Returnable July 5, 2024) | PDF · Subscribers | |
| Responding Factum (Returnable July 4, 2024) | PDF · Subscribers | |
Sale Process Order
| PDF · Subscribers | |
| Supplemental Responding Motion (Returnable July 4, 2024) | PDF · Subscribers | |
Supplement to the Third Report of the Proposal Trustee
| PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Factum (Motion Returnable May 30, 2024)
| PDF · Subscribers | |
Fourth Report of the Proposal Trustee
| PDF · Subscribers | |
| Motion Record (Returnable May 30, 2024) | PDF · Subscribers | |
Reply Motion Record
| PDF · Subscribers | |
Third Report of the Proposal Trustee
| PDF · Subscribers | |
| Responding Motion Record of The Body Shop Canada Limited (Returnable July 4, 2024) | PDF · Subscribers | |
Aide-Mémoire of Stephanie Hood and Other Employees
| PDF · Subscribers | |
Aide-Mémoire of The Body Shop Canada Limited
| PDF · Subscribers | |
| Supplementary Motion Record of Stephanie Hood and Other Employees | PDF · Subscribers | |
Motion Record of Stephanie Hood and Other Employees
| PDF · Subscribers | |
Second Report of the Proposal Trustee
| PDF · Subscribers | |
| Motion Record (Returnable April 15, 2024) | PDF · Subscribers | |
| Notice of Appearance – Stephanie Hood | PDF · Subscribers | |
| Factum (Motion Returnable March 4, 2024) | PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
Motion Record (Returnable March 4, 2024)
| PDF · Subscribers | |
| Sixth Report of the Monitor | Trustee site | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “The Body Shop Canada Limited” (CCAA), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/the-body-shop-canada-limited