Thursday, July 23, 2020

Steve Nash fitness World in Vancouver Court



While I was looking at today's' court lists in Vancouver I noticed at 2:30 in courtroom 34 THE BOWRA GROUP INC. V. SNFW FITNESS B.C. LTD was scheduled. Interesting background is posted on the Bowra website.

Fitness world's web site states that "The Bowra Group Inc. was appointed as Trustee (the “Trustee”) under the Notice of Intention (“NOI”) to File a Proposal to creditors for SNFW Fitness BC Ltd. (the “Company”) pursuant to the Bankruptcy and Insolvency Act on April 3, 2020."

The Bowra group's website reaffirms that "On June 16, 2020 It was announced that a group of investors has acquired the rights to Steve Nash Fitness World & Sports Clubs. The new ownership team has already made a commitment to honour all service agreements." The Times Colonist reported that "Chris Smith, who will remain CEO, said in a statement the new ownership team has committed to reopening clubs as quickly as possible." Lets get it on.

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