- Insolvency Insider Canada
- Posts
- Dine Under the Stars
Dine Under the Stars
Dine Under the Stars, a North Vancouver, British Columbia-based event management company that organized unique pop-up dinner events hosted at outdoor venues, filed for bankruptcy on November 10, listing approximately $ 1.7 million in liabilities. The company was preparing for its spring event season in mid-March 2020 when the COVID-19 pandemic caused all but essential services to shut down across North America. Almost immediately after shutdown measures were announced in March, customers began demanding refunds. Although the company has approximately $325.0 thousand in cash, it does not have sufficient cash to refund all of its customers the entire amount of their tickets, given that a significant portion of the revenues had already been invested in venue deposits, catering deposits, and advertising which likely cannot be recouped. MNP is the bankruptcy trustee.