David’s Bridal, LLC et al., CCAA

David’s Bridal, LLC et al., the largest bridal and special occasion retailer in North America, obtained recognition of its Chapter 11 proceedings under the CCAA on April 18. The company is experiencing severe liquidity constraints as a result of various macro-economic trends and industry headwinds, including the lasting impact of COVID-19 on the wedding industry. David's Bridal Canada is one of the Chapter 11 debtors. It has approximately 500 employees and operates through 12 leased locations: 7 in Ontario, 2 in Alberta and 1 each in British Columbia, Manitoba and Nova Scotia. PwC is the Information Officer, represented by Stikeman Elliott. Osler is counsel for the companies, Cassels is counsel for the consultant, and Camelino Galessiere, Witten and Simpson Wigle are counsel for various landlords.