Receivership proceedings
On May 14, 2025 by Order of the Superior Court of Justice (Commercial List) (the “Receivership Order”), KPMG Inc. was appointed receiver (the “Receiver”) of Giftcraft Ltd., Giftcraft Midco, Inc., Giftcraft Holdings USA Inc., Giftcraft Holdings, Inc., Giftcraft Inc., Ripskirt Hawaii, LLC and Yosox USA Inc. (collectively, the “Debtors”), pursuant to section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended.
Court orders
Endorsement of J. Osborne dated May 14, 2025 [PDF 238 KB]
Receivership Appointment Order dated May 14, 2025 [PDF 238 KB]
Contact information
Toll free within North America:
1-833-724-5995
Local phone number:
416-468-7301
Thank you for calling KPMG Inc. Court-Appointed Receiver of Giftcraft Holdings, Inc. Please leave your name, number, and a detailed message and we will respond on a timely basis.
Court materials
Application Record dated May 9, 2025 - Part 1 of 4 [PDF 6.3 MB]
Application Record dated May 9, 2025 - Part 2 of 4 [PDF 9.7 MB]
Application Record dated May 9, 2025 - Part 3 of 4 [PDF 8 MB]
Application Record dated May 9, 2025 - Part 4 of 4 [PDF 6 MB]
Book of Authorities dated May 9, 2025 [PDF 8.4 MB]
Statement of Law dated May 9, 2025 [PDF 126 KB]
Service list
Service List as at May 14, 2025 [PDF 105 KB]
Notice and statement of the Receiver
Chapter 15 Proceedings
Giftcraft Supplemental Declaration [PDF 267 KB]
Giftcraft Supplemental Memorandum of Law [PDF 275 KB]
Giftcraft - Order on Provisional Relief [PDF 7.7 MB]
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