Vicious Cycle Ltd.
Follow- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 24-2903784
Vicious Cycle Ltd. filed a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act on December 15, 2022, and was assigned into bankruptcy on January 23, 2023, at 13:48, with Grant Thornton Limited acting as Licensed Insolvency Trustee under section 49 of the Act. Its Form 33 list of creditors, filed as of the Notice of Intention, includes claims from Alberta Treasury Branches and from suppliers including Action Gear Cycle & Sports Ltd., owed $598,708.11, along with Business Development Bank of Canada, Specialized Bicycle Components Inc. and Santa Cruz Bicycles.
The company was assigned into bankruptcy on January 23, 2023, at 13:48, with Grant Thornton Limited acting as Licensed Insolvency Trustee.
2 earlier updates, back to 15 December 2022 — subscribers.
Debtor
Vicious Cycle Ltd.
Proposal trustee
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Action Gear Cycle & Sports Ltd.as of NOI filing date — debtor: Vicious Cycle Ltd. | $599K | Notice to Creditors dated December 19, 2022.pdf |
| Date | Document | File |
|---|---|---|
| Tabled Documents dated February 7, 2023 | PDF · Subscribers | |
| Notice to Creditors dated January 24, 2023 | PDF · Subscribers | |
Certificate of Appointment dated January 23, 2023
| PDF · Subscribers | |
Notice to Creditors dated December 19, 2022.pdf
| PDF · Subscribers | |
Certificate of Filing dated December 15, 2022.pdf
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Vicious Cycle Ltd.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/vicious-cycle-ltd