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Topic: Dylex

In the News (Wed 15 Feb 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	Koskie Minsky - Barristers and Solicitors
		On September 28, 2001, Dylex was placed into formal bankruptcy by the Ontario Superior Court of Justice and Richter (formerly the Interim Receiver of Dylex) was appointed the Trustee in Bankruptcy of Dylex.
		Dylex had a termination/severance policy which we have taken into account in your claim and have filed the higher amount of either the provincial employment standards or Dylex policy; Richter has accepted the higher amount as your claim.
		Fortunately, Dylex insured its group benefit plan for employees (as opposed to providing a self-funded plan), and Maritime Life is required to continue to pay disabled employees LTD benefits due to the provisions of the Insurance Act (Ontario) even though Dylex is bankrupt and no longer a functioning company.
	www.koskieminsky.com /client_links/Dylex/home.aspx (1717 words)

	La Senza Corporation
		La Senza Corporation became a publicly-traded company in 1993 when it completed an initial public offering of 1,560,001 of its Subordinate Voting Shares and Dylex Limited sold its 5,009,999 Subordinate Voting Shares (representing its 50.1% equity interest in the Corporation).
		At that time, the Corporation was called Suzy Shier Limited, and its shares were traded on the Montreal and Toronto Stock Exchanges under the symbol SZS.
		The stock symbol of La Senza Corporation is LSZ.
	www.lasenzacorporation.com /en/stock_info.html (89 words)

	Supplier asks court to appoint receiver for Dylex @ workopolis.com (Site not responding. Last check: )
		Orientex, which says it is speaking on behalf of "numerous other Dylex creditors," is also asking the court to appoint an interim receiver to oversee the affairs of Dylex's BiWay and Fairweather divisions.
		Dylex has said it had a letter of intent from a potential buyer of Fairweather, but the party could back out of the deal if Dylex went into bankruptcy protection.
		Dylex told the creditors that the conversion of BiWay to Dollar Zone stores had resulted in "temporary cash flow shortages," according to the court document.
	www.workopolis.com /servlet/Content/qprinter/20010817/RDYLE (616 words)

	OSC - Orders & Rulings 2001 - In the Matter of Dylex Limited - MRRS Decision Document - CVMO: Ordonnances et ...
		Dylex is a corporation incorporated under the Canada Business Corporations Act, and is a reporting issuer in each of the Jurisdictions and is not in default of any of the requirements of the Legislation.
		Dylex's authorized capital consists of an unlimited number of Common Shares, of which 52,008,797 Common Shares were issued and outstanding on May 15, 2001.
		THE DECISION of the Decision Makers under the Legislation is that Dylex is deemed to have ceased to be a reporting issuer, or the equivalent thereof, under the Legislation.
	osc.gov.on.ca /Regulation/Orders/2001/ord_20010629_211_dylexlimited.jsp (398 words)

	Forbes.com - Magazine Article
		Dylex was in terrible shape at the time and therefore vulnerable.
		Dylex got slower paying its bills and filed for bankruptcy in August, claiming it could not pay $50 million owed to its suppliers and other creditors.
		Dylex says in court papers that WWR sent the cash to Asian manufacturers who simply failed to deliver the orders.
	www.forbesimg.com /forbes/2001/1008/080_print.html (493 words)

	American Eagle buys Canadian clothier chain
		Dylex has been switching some of its Thriftys stores to Bluenotes, a strategy American Eagle said it would continue.
		Dylex, which operates a number of specialty retail stores, put itself up for sale at the end of last year amid mounting losses, mainly from its troubled BiWay chain of discount department stores, which it is revamping.
		Although Dylex lost about $25 million last year, sales and profits were up at the Thriftys unit.
	www.post-gazette.com /businessnews/20000825eagle3.asp (446 words)

	Dylex under review, businesses up for sale
		The potential sale is part of a "review of strategic alternatives" involving all of Dylex's businesses, the company said in a release.
		Two years ago Dylex stock was trading at $9 a share but now it's down to $1.73 per share -- a 52-week low.
		Media reports have suggested so-called "catalyst" investors, possibly including Dylex stakeholder Crescendo Partners, have been buying Dylex stock and putting pressure on the company to take action.
	www.cbc.ca /money/story/1999/12/07/dylex991207.html (1399 words)

	Management
		It didn’t take him long to learn that he was wrong, so wrong
		As Canada’s premier corporate restructuring specialist, Hap Stephen has brought back to life the likes of retailer Dylex, Algoma Steel and Stelco.
		And as turnaround cases go, saving Stelco was a unique time-consuming effort
	www.camagazine.com /2/3/1/6/8/index1.shtml (225 words)

	In Formation Design - website design and desktop publishing
		Joan’s earliest experience in information design was in designing the function, flow, and screen layouts for a large mainframe computer program in the early 1980’s.
		This program revolutionized the allocation and replenishment of product in Canada’s then largest clothing specialty retail chain - Dylex Ltd.
		Joan followed this up by pushing the limits of early, not so graphically inclined, spreadsheet software and dot matrix printers, to develop informative charts that would quickly and clearly reveal their key information.
	www.in-formation-design.com /about.php (412 words)

	Training Space
		Alev has over 20 years experience in Management Information Systems, mainly in retail and financial services companies.
		She has held positions as Systems Analyst, Business Analyst, Project and Team Leader for such companies as Dylex Ltd. (Canada), The Gap, Williams-Sonoma and Wells Fargo Bank.
		For the past 15 years, her focus has been in Business Intelligence and reporting.
	www.trainingspace.com /about_us.htm (0 words)

	Lexpert: Deal
		On July 11, 2000, Dylex Limited completed the sale of its Tip Top Tailors Group Division to Grafton-Fraser Inc. The reported purchase price was $32.5 million.
		Fasken Martineau DuMoulin LLP acted for Grafton-Fraser on the deal with a team that included Toronto lawyers Mark Stinson, David Salomon, John Abraham, Gary Fogler, Belinda James, Mark Burton, Stephen Kerr, Peter Leonard, Tony Baldanza, Kathleen Hanly, Brent Jay, Peggy McCallum, Ralph Nero and David Lemieux of the Montreal office.
		Richard Jacobs of the Boston firm of Riemer & Braunstein LLP acted for Fleet Retail Inc., Grafton-Fraser’s lender on the transaction, and Tim Schumacher of Osler, Hoskin & Harcourt LLP acted as Canadian counsel to the lender with assistance from Katty Habib.
	www.lexpert.ca /deal.php?id=1167 (197 words)

	Lexpert: Deal
		The deal was valued at C$115 million; Dylex received cash proceeds of $92 million, which is net of escrows totalling $13 million and closing adjustments of $10 million.
		Acting for Dylex was a team from Goodmans LLP led by Stephen Bloom that included Ken Herlin and Monica Mraz (real estate), Allan Goodman and Meredith Roth (securities), Kari MacKay (corporate/commercial), Ken Crofoot (bulk sales), Dan Gormley (competition), and David Wiseman (lender issues).
		Mike Parker of Mike Parker & Associates was retained to assist in negotiations with the various landlords.
	www.lexpert.ca /deal.php?id=1197 (292 words)

	Home (Site not responding. Last check: )
		In the next few months you are going to be seeing huge changes to the Dylex Brand, and the Dylex website.
		Members will start to see changes to the email template, which is one of the various changes that are going to be made.
		Also, I am proud to announce a new page on Dylex, The Goodies page, get all sorts of cool Dylex Downloads.
	www.dylexsystems.com (94 words)

	Value Investors Club
		Dylex, I really do think this was one of the better writeups and the follow-up in answering the many questions was well above-VIC-average.
		The $5k notwithstanding, it just won't be worth the hassle.
		Whether any of us does anything with SC or not, we've all benefitted from the free research here (by both dylex and the other posters), and dylex had no obligation to do the follow-up work that is in reality our responsibility when investigating an idea.
	www.valueinvestorsclub.com /value2/guests/view-thread.asp?delay=90&id=1162&tid=10022 (142 words)

	Dotfusion Website Development & Internet Marketing- Leadership Team
		She is focused on performance-based solutions and solving marketing challenges for our clients.
		Margaret brings her Maxi and Maple Leaf award-winning expertise to our Shopping Center clients and, as former VP Marketing at Dylex, is intimately aware of the needs of national retailers.
		She is also a frequent ISCS judge and sits on the board of Fashion Group International.
	www.dotfusion.com /01n_internet_marketing_toronto/03_leadership/about_leadership.asp (565 words)

	Hardof Wolf Group Inc. and Dylex Limited (Site not responding. Last check: )
		Dylex is a corporation incorporated under the Canada Business Corporations Act (the "CBCA") with its registered and principal office in the Province of Ontario.
		Dylex is a reporting issuer, or the equivalent, in each of the provinces and territories of Canada and the common shares (the "Common Shares") of Dylex are listed and posted for trading on the Toronto Stock Exchange (the "TSE").
		Dylex's authorized capital consists of an unlimited number of Common Shares, of which 51,881,799 were issued and outstanding on March 27, 2001.
	www.msc.gov.mb.ca /orders/hardof.html (380 words)

	Dylex abandons plans to convert BiWay @ workopolis.com (Site not responding. Last check: )
		Dylex, which was bought by a U.S.-controlled discount chain earlier this year, filed for protection last Friday.
		Dylex has closed most of the stores and dismissed an estimated 300 BiWay managers on Wednesday, according to a number of former managers.
		Weiner, the Dylex president, said in a court document that an unnamed "potential purchaser" signed a confidential letter of intent to buy Fairweather on July 31.
	globecareers.workopolis.com /servlet/Content/qprinter/20010810/RDYLE (661 words)

	Fernandes Hearn LLP - Canadian Law Firm
		In a recent Ontario Superior Court decision, the trustee of a bankrupt company, Dylex, commenced an action against, among others, the former directors, officers and shareholders of Dylex.
		The Trustee attacked the actions and transactions undertaken by Dylex and another company, HWGI, pursuant to an Acquisition Agreement between them under which HWGI acquired all of the shares of Dylex.
		Dylex was put into bankruptcy four months later.
	fernandeshearn.com /newsletters/2003/2003_July.htm (526 words)

	Cash-strapped Dylex put in interim receivership @ workopolis.com (Site not responding. Last check: )
		Nevertheless, the court was told Dylex had a tentative deal for about $6-million of debtor-in-possession financing from Century Services Inc. The deal is to be finalized on Monday, according to a monitor's report filed yesterday.
		Money-losing Dylex was bought in mid-May by Hardof Wolf Group Inc., a recently incorporated company with ties to U.S.-based discounter McCrory Corp. It had planned to convert Dylex's 259 BiWay stores to its Dollar Zone format.
		David Byers, lawyer for Dylex, suggested to the court that the company may do better by continuing to operate Fairweather because it could benefit from "extremely large tax losses" from the continuing concern.
	globecareers.workopolis.com /servlet/News/qprinter/20010818/RDYLE (528 words)

	CBC News - U.S. private company to acquire Dylex for $70 million (Site not responding. Last check: )
		Dylex said Hardof Wolf Group is a private company whose principals have extensive retail experience in the United States.
		Dylex's board of directors is recommending the takeover to shareholders and has agreed not to hunt for any other bidders.
		He believes Dylex's brands are strong, pointing out that the company managed to maintain a number of stories like Fairweather and Thriftys thought the years.
	cbc.ca /cgi-bin/templates/view.cgi?/news/2001/03/27/dylex_010327 (483 words)

	32 million dollar out-of-court settlement reached for Dylex creditors : ArriveNet Press Releases : Business (Site not responding. Last check: )
		The defendants included Dylex's former board of directors, certain of its senior officers and Dylex's legal advisors.
		which led to Dylex distributing a substantial portion of its assets to its shareholders.
		The settlement is conditional upon the Trustee obtaining an order ("Claims Bar Order") from the Ontario Superior Court of Justice, on notice to Dylex's creditors, barring all claims by any persons against the defendants and other parties relating to the subject matter of the action.
	press.arrivenet.com /business/article.php/750034.html (435 words)

	TexWatch - Article Detail (Site not responding. Last check: )
		Dylex Limited, announced its financial results for the first quarter ended
		Dylex's consolidated sales for the quarter were $218.3 million compared
		As previously announced, Dylex Limited is in the final phase of its
	www.dfmg.com.tw /member/news/texwatch/000527/46.asp (398 words)

	CBC News - New suitor for Dylex may emerge (Site not responding. Last check: )
		A bidding war could be in the making for clothing retailer Dylex Ltd. Consolidated Liquidators is said to be preparing to unveil a $73-million takeover bid for Dylex this week, the National Post reported Tuesday.
		Consolidated Liquidators is expected to offer $1.40 a share for Dylex's remaining banners, the Fairweather and BiWay chains.
		In addition to Fairweather and BiWay, Dylex used to own Thriftys, Braemar and Tip Top Tailors.
	cbc.ca /cgi-bin/templates/view.cgi?/news/2001/04/10/dylex_010410 (236 words)

	Hardof Wolf: ZoomInfo Business People Information (Site not responding. Last check: )
		Collegeware says in a court document that Dylex incorrectly told shareholders in an information circular that Hardof Wolf had obtained a loan from the Bank of Montreal to buy the retailer.
		Dylex continued to buy goods for BiWay even though a liquidator had been hired to sell off the merchandise at a discount, according to the document.
		Last June, Dylex signed a deal with Great American to liquidate inventory at BiWay stores and then shut down many of the 260 outlets, with a view to renovating and reopening them as dollar stores.
	www.zoominfo.com /directory/Wolf_Hardof_127712489.htm (604 words)

	USCA1 Opinion 96-1519
		Dylex), and Henry Schubert, Raymond Novotny, and Novotny's
		Williams, Dylex's chief financial officer and a director of
		Dylex, Nederland, Ontario, Axelrod and Gunner, but not
	www.ca1.uscourts.gov /cgi-bin/getopn.pl?OPINION=96-1519.01A (4646 words)

	LEXIS-NEXIS Tell Me More (Site not responding. Last check: )
		Dylex, struggling under the weight of its floundering BiWay chain, put itself on the block in December.
		But Dylex couldn't convince its BiWay landlords to agree to transfer the leases.
		Dylex operates 542 stores under the BiWay, Fairweather, Thriftys, Braemar and Labels outlet banners.
	www.dfmg.com.tw /member/news/texwatch/000729/114.htm (498 words)

	Cerruti 1881 files $2.5M suit against Dylex on misuse of labels. (clothing trade mark case) Daily News Record - Find ...
		Cerruti 1881 Files $2.5M Suit Against Dylex on Misuse of Labels TORONTO (FNS) -- Paris fabric and clothing manufacturer Cerruti 1881 S.A. has launched a $2.5 million lawsuit against Dylex Ltd., claiming the specialty retailer is "passing off" clothing as Cerruti's.
		Cerruti contends Toronto-based Dylex juxtaposed Cerruti's trademark with Dylex's "Bellissimo" label, giving the false impression the apparel was authorized by Cerruti.
		Cerruti also says Dylex has manufactured and sold clothing under the Bellissimo name which is identical in design to Cerruti...
	www.findarticles.com /p/articles/mi_hb4298/is_198811/ai_n14978925 (250 words)

	Vol
		Yomtobian’s domain name was "identical or confusingly similar" to Dylex’s trademark, the Complainants use of the name "THRIFTYS" was restricted to Canada.
		A major part of the Dylex complaint were allegations that Mr.
		The Panel found that neither party had submitted compelling evidence to support their allegations, but that Dylex had the burden of proof and "accordingly, the benefit of the doubt has to go to Risley’s client the Respondent [Mr.
	www.risleylaw.com /March2001.htm (2835 words)

	dylex - May Be (Site not responding. Last check: )
		dylex - May Be dylex - May Be
		Life is nothing but a big "may be", but it is a big "maybe" whether we "may" sit on our duffs or get out and "be".
		I should have ended the marriage good and proper before I even started this.
	www.greatestjournal.com /users/dylex/9230.html (887 words)

	Commercial Credit Report for Dylex Limited (Canada) - Report Preview (Site not responding. Last check: )
		This company is no longer actively traded on any major stock exchange.
		Dylex Limited is a merchandise and apparel retailer operating over 350 retail stores across Canada.
		By using this website, you accept the Terms of Use Agreement.
	www.crmz.com /Report/ReportPreview.asp?BusinessId=8485 (102 words)

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