David’s Bridal, LLC, DBI Midco, Inc., DBI Holdco II, Inc., DBI Investors, Inc., Blueprint Registry, LLC, and David’s Bridal Canada Inc.

Information Officer

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This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

On April 18, 2023, pursuant to the application of David’s Bridal, LLC in such capacity as the foreign representative (the “Foreign Representative”) of David’s Bridal, LLC, DBI Midco, Inc., DBI Investors, Inc., DBI Holdco II, Inc., David’s Bridal Canada Inc. (David's Bridal Canada), and Blueprint Registry, LLC (collectively, the “Chapter 11 Debtors”), and pursuant to the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”), an order (“Initial Recognition Order”) was granted by the Ontario Superior Court of Justice (Commercial List) (the “Court”), granting relief available to the Foreign Representative of the Chapter 11 Debtors. The Initial Recognition Order, among other things:

1. Recognized David’s Bridal, LLC as the Foreign Representative of the Chapter 11 Debtors;
2. Declared that the centre of main interest for each of the Chapter 11 Debtors is the United States of America and recognized the Chapter 11 cases (the  “Chapter 11 Cases”) commenced in respect of the Chapter 11 Debtors in the United States Bankruptcy Court for the District of New Jersey (the “U.S. Court”) as a “foreign main proceeding” as defined in section 45 of the CCAA;
3. Granted a stay of proceedings (the “Stay of Proceedings”) in respect of the Chapter 11 Debtors until otherwise ordered by this Court; and
4. Prohibited, except with leave of this Court, each of the Chapter 11 Debtors from selling or otherwise disposing of any of its property in Canada that relates to the business and any of its other property in Canada. 

In addition to granting the Initial Recognition Order, the Court granted another order (the “Supplemental Order”) which, among other things:

1. Recognized and enforced the terms of certain orders (as listed in para 4 of the Supplemental Order) entered by the U.S. Court on April 17, 2023 (the “Foreign Orders”);
2. Granted a stay of proceedings (the “Stay Period”) in respect of the Chapter 11 Debtors or their employees or representatives acting in such capacities or their former, current or future directors, or affecting the Business or the Property (as defined in the Supplemental Order), or the Information Officer (as defined below);
3. Appointed PricewaterhouseCoopers Inc., LIT (“PwC”) as information officer (in such capacity, the “Information Officer”) in respect of these proceedings;
4. Granted the following priority charges:
      a.  First ranking charge on the Property in Canada (as defined in the Supplemental Order), in the amount of $1,500,000 (the “Administration Charge”) as security for the professional fees and disbursement  of the Canadian counsel to the Chapter 11 Debtors, the Information Officer and counsel to the Information Officer;
       b. Second-ranking charge on the Property in Canada for the indemnity granted to the directors and officers of DB Canada, in the amount of $1,350,000 (the “Directors’ Charge”);
       c. Third-ranking charge on the Property in Canada in favour of the Bank of America, N.A., as administrative agent and collateral agent (the “DIP ABL Agent”), 1903P Loan Agent, LLC, as agent for the lenders holding any portion of the DIP FILO Commitments and the loans in connection therewith (the “DIP FILO Agent,” together with the DIP ABL Agent, the “DIP Agents”), and the DIP Secured Parties as security for the DIP Facility (as defined in the proposed Interim DIP Order) (the “DIP Charge”); and
       d. Fourth-ranking charge on the Property in Canada, as security for services provided or money lent, or costs borne by another Chapter 11 Debtor (the “Intercompany Charge”).

Status of File as of September 29, 2023

On September 29, 2023, the Court issued the CCAA Termination Order which, among other things:

1. Recognized and gave full force and effect in Canada to the Assumption and Assignment of Contracts Orders issued by the US Court;
2. Approved a mechanism to terminate the CCAA recognition proceedings, including the discharge of the Information Officer upon sending to the Service List by the Information Officer the Information Officer’s Termination Certificate;
3. Terminated the Administration Charge, the Directors’ Charge, the DIP Charge and the Intercompany Charge;
4. Approved the fees and disbursements of the Information Officer and its legal Counsel; and
5. Approved the activities of the Information Officer, as described in its Fourth Report, to be filed.

Status of File as of September 22, 2023

On September 22, 2023, the Foreign Representative filed a motion for an order (the “CCAA Termination Order”) to, among other things:

1. Approve a mechanism to terminate the CCAA recognition proceedings, including the discharge of the Information Officer;
   
2. Recognize and give full force and effect in Canada to the Assumption and
3. Assignment of Contracts Orders (as defined in the motion) issued by the US Court;
4. Approve the activities of the Information Officer, as described in its Fourth Report, to be filed; and
5. Approve the fees and disbursements of the Information Officer and its legal Counsel.

The motion will be heard on September 29, 2023.

Status of File as of September 22, 2023

On September 22, 2023, the Foreign Representative filed a motion for an order (the “CCAA Termination Order”) to, among other things:

1. Approve a mechanism to terminate the CCAA recognition proceedings, including the discharge of the Information Officer;
2. Recognize and give full force and effect in Canada to the Assumption and
3. Assignment of Contracts Orders (as defined in the motion) issued by the US Court;
4. Approve the activities of the Information Officer, as described in its Fourth Report, to be filed; and
5. Approve the fees and disbursements of the Information Officer and its legal Counsel.

The motion will be heard on September 29, 2023.

Status of File as of July 17, 2023

On July 15, 2023, the Foreign Representative filed a motion for an order (the “Recognition, Approval and Vesting Order”), among other things:

1. Recognizing in Canada the Sale Order to be entered by the U.S. Court, pursuant to which the U.S. Court approved the sale of the Acquired Assets to the Purchasers;
2. Approving the sale of the Canadian Purchaser Acquired Assets  to the Canadian Purchaser and the sale of U.S. Purchaser Canadian Acquired Assets of the Chapter 11 Debtors (other than DB Canada) to the U.S. Purchaser;
3. Vesting the Canadian Purchaser Acquired Assets in and to the Canadian Purchaser and the U.S. Purchaser Canadian Acquired Assets in and to the U.S. Purchaser, in each case, free and clear of all claims and encumbrances, other than certain permitted encumbrances; and
4. Recognizing and giving full force and effect in Canada to the Third Interim Cash Management Order entered by the U.S. Court; and

The motion will be heard on July 19, 2023. All terms used above are defined in the Motion Record available on the Motion Materials subpage.

Status of File as of May 30, 2023

On May 29, 2023, the Court issued the Second Recognition Order which, among other things:

1. Recognized and enforced certain Second Day Orders, including the Claims Bar Date Order and the Final DIP Order; and 
2. Amended the Supplemental Order to reflect the Final DIP Order.

Status of File as of May 26, 2023

On May 26, 2023, the Information Officer filed its Second Report (the “Second Report”) with the Court for an order to provide the Court with the information with respect to:

1. The Information Officer’s activities since the date of the First Report, dated April 25, 2023;
2. The status of David’s Bridal Canada’s operations and cash flows and the Sale Process, as defined in the Second Report;
3. The Motion for the Second Recognition Order;
4. A summary of the process and key dates set out in the Claims Bar Date Order; and
5. The Information Officer’s review of David’s Bridal Canada’s financing arrangements, including those provided in the Final DIP Order.

Status of File as of May 25, 2023

On May 24, 2023, the Foreign Representative filed a motion (the “Motion”) with the Court for an order (the “Second Recognition Order”) to, among other things:

1. Recognize and enforce certain Second Day Orders entered by the U.S. Court, including the Claims Bar Date Order and the Final DIP Order (all defined in the Motion); and 
2. Amend the Supplemental Order to reflect the Final DIP Order.

The motion will be heard on May 29, 2023.

Status of File as of April 27, 2023

On April 26, 2023, the Court issued the Recognition Order, among other things, recognizing the following foreign orders (i) the Joint Administration Order, (ii) the Interim Store Closing Order and (iii) the Sale and Bidding Procedures Order.

Status of File as of April 21, 2023

On April 21, 2023, the Foreign Representative filed a motion with the Court for an order (the “Recognition Order”) to, among other things, recognize the following foreign orders issued by the U.S. Court: (i) the Joint Administration Order, (ii) the Interim Store Closing Order and (iii) the Sale and Bidding Procedures Order.

The motion will be heard on April 26, 2023.