Nouveau Americana Inc. o/a Nuevo, NOI

Nouveau Americana Inc. o/a Nuevo, a Toronto, Ontario-based contemporary furniture and lighting brand, filed an NOI on October 3.

The company was founded in 1990 and sources products globally to service the North American market.

It has temporarily suspended operations while it explores restructuring options, including soliciting interest in a transaction for its business and/or assets.

The primary secured creditor is CWB, owed approximately $5.25 million. Over $700 thousand in arrears is also owing to CRA.

Albert Gelman is the proposal trustee.

Counsel is Loopstra Nixon for the company and Dickinson Wright for CWB.