Argyle Cobblers Ltd files for Creditor Protection

Bad news from The Coast:

Argyle Cobblers Limited, the holding company for The Economy Shoe Shop, The Marquee and The Seahorse Tavern has filed for creditor protection under the terms of the Bankruptcy and Insolvency Act.

The application with the bankruptcy court in Halifax, signed by Argyle Cobblers owner Victor Syperek, list debts totaling $555,107 owed on 89 accounts. The largest debt is unpaid taxes of $170,797. Other creditors include restaurant suppliers M&S Food Service ($86,457), Big Eric’s ($11,350) and British Butcher ($3,542.) The Coast is owed $10,721.


Addition:
Full creditor protection filing can be found here.

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About llcoolbreeze

Stephan MacLeod is a Halifax-based writer, producer, musician and recording engineer. He holds an English degree from the University of Prince Edward Island, and a Recording Arts degree from the Nova Scotia Community college. For the past year, Stephan has worked on documentaries for Bravo, The History Channel and National Geographic. He also fronts the rock group, Windom Earle, and has traveled across the continent performing karaoke in a super-hero outfit.

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