July 8, 2022
Enjoy Technology Canada Ltd., a Vaughan, Ontario-based company engaged in the business of providing same-day delivery and set-up of mobile devices through a strategic partnership with Rogers Communications, made an assignment in bankruptcy on July 8, listing approximately $2 million in liabilities, including approximately $660,000 to Rogers. The company is a wholly-owned subsidiary of Enjoy Technology, Inc. ("Enjoy US"), a US technology-powered platform listed on the NASDAQ stock exchange under the ticker symbol “ENJY", which obtained Chapter 11 protection on June 30. Enjoy struggled to achieve profitability both in Canada and the US due to staffing shortages, supply chain issues and difficulty in securing additional liquidity after Enjoy US went public via a special purpose acquisition vehicle in 2021. Deloitte is the bankruptcy trustee. Counsel is Osler for the company and Aird & Berlis for the bankruptcy trustee.
By Dina Milivojevic