LogoInsolvency Insider Canada
TOPICS
TOPICS

Assets for sale

Commercial List Users' Committee

Court cases

Creditor notices

Events

Firm News

Insights

Interviews

Open Positions

Recent filings

FILING DATABASE
DOCUMENT LIBRARY
AWARDS
EVENTS
DIRECTORY
Search
SUBSCRIBE
paper-plane-tilt
LogoInsolvency Insider Canada
  • Home
  • Posts
  • Cranbrook Glen Enterprises Ltd. o/a Henry's

Cranbrook Glen Enterprises Ltd. o/a Henry's

Apr 21, 2020

Cranbrook Glen Enterprises Ltd., which operates as the camera and accessories retailer Henry's, filed an NOI on May 1, listing approximately $24.0 million in liabilities, including $14.8 million to BMO. With all 30 of the Henry’s retail locations temporarily closed as a result of COVID-19, the company has seen a significant impact to its sales. While its e-commerce operations remain, Henry’s intends to close seven of its stores during this restructuring and reopen the remaining 23 stores once COVID-19 measures are lifted. Grant Thornton is the proposal trustee. Counsel is Loopstra Nixon for the company and McCarthy Tétrault for BMO.

Canada’s insolvency news, in your inbox.

Join 15,000+ readers.

Keep Reading

View more
caret-right

UPCOMING EVENTS

Distressed Private Capital Conference - November 12, 2026

Distressed Private Capital Conference - November 12, 2026

Future Leaders Conference 2026

Future Leaders Conference 2026

Distressed Real Estate Conference - October 21, 2026

Distressed Real Estate Conference - October 21, 2026

LATEST STORIES

Bill C-39 May Narrow WEPPA Access in Reverse Vesting Orders

Bill C-39 May Narrow WEPPA Access in Reverse Vesting Orders

Initiating, influencing and supporting insolvency proceedings: lessons from recent Québec cases

Initiating, influencing and supporting insolvency proceedings: lessons from recent Québec cases

Ontario Court of Appeal Limits Lien Priority Over Building Mortgages to Actual Holdback Deficiencies

Ontario Court of Appeal Limits Lien Priority Over Building Mortgages to Actual Holdback Deficiencies

Law society fails to police members amid rampant real estate fraud allegations

Law society fails to police members amid rampant real estate fraud allegations

Insolvency Insider Canada

Insolvency Insider Canada

Essential Canadian insolvency news, trends and legal updates

EXPLORE

About Us / Contact

Advertise