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Bad Boy Furniture Warehouse Limited, Bankruptcy
Bad Boy Furniture Warehouse Limited, a Pickering, Ontario-based furniture, appliance, and electronics retailer, was deemed bankrupt on January 24.
The company filed an NOI in November 2023 after falling significantly behind on payments to its vendors and suppliers. A liquidation process was approved the same month, and the Court extended the stay of proceedings to January 23. The company did not seek a further stay extension and was deemed bankrupt.
KSV is the bankruptcy trustee.
By: Dina Milivojevic