Notice of Bankruptcy and First Meeting of Creditors_16758185 Canada Inc. — Notice to creditors
16758185 Canada Inc. (formerly 9139249 Canada Inc.)., Bus.com US Holding Inc., Bus.com Leasing LLC, Bus.com US LLC & 9139249 Canada Inc. (California)
- Proceeding
- CCAASubsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 500-11-064503-242
16758185 Canada Inc., formerly 9139249 Canada Inc., is under CCAA protection in the Superior Court of Québec together with Bus.com US Holding Inc., Bus.com Leasing LLC, Bus.com US LLC and 9139249 Canada Inc. (California). The proceedings remain active. A listing of creditors prepared without audit shows Export Development Canada as the largest secured claimant against 9139249 Canada Inc. and related debtors, with $20,509,201 on the bus facility, $4,181,250 on a loan and a further $1,500,000 secured entry, alongside Cycle Capital Fund IV L.P at $1,237,368, Investissement Québec at $880,000 and Jackson Square Ventures II LP at $920,949. A Banque Royale du Canada letter of credit of $6,495,077.92 is carried as a contingency. Unsecured claims run from Four Season Travel of Los Angeles at $904,329.95 and Bell Limousine at $529,602.33 down to sums under $200, with $150,000 in vacation pay listed as a priority claim.
Application for Distribution Order, Termination Order and anciliary relief — Application / notice of application
The court granted an approval and vesting order for the sale to Mobility Technologies, LLC. Closing terms, as extracted: Vesting takes effect on the issuance of the Monitor's Certificate (the Effective Date); steps occur per the Closing Sequence in Schedule B. Sealed: Purchase Agreement (Exhibit R-2/P-2) and the Email Exchange kept confidential and under seal until the earlier of the Effective Date and further order, Appendices A and B to the Second Report of the Monitor (Exhibit P-6) kept confidential and under seal until further order.
Source: Approval and Vesting Order
Application for Approval and Vesting Order, Extension of the Stay of Proceedings and Sealing Order — Approval and vesting order
The stay of proceedings was extended. Court file 500-11-064503-242.
Source: Order Extending the Delay to File a Proposal and Approving Increase in Interim Financing
Application for an extension of time to file a proposal and approval of an increase in Interim Financing — Application / notice of application
The court approved a sale and investment solicitation process. A bid deadline of 2024-09-13.
Source: Order Approving a Sale and Investment Solicitation Process
Application for an order approving SISP, extending the delay to file a proposal and approving an interime financing — Application / notice of application
Debtor
16758185 Canada Inc. (formerly 9139249 Canada Inc.)., Bus.com US Holding Inc., Bus.com Leasing LLC, Bus.com US LLC & 9139249 Canada Inc. (California)
Monitor
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Legendre | Superior Court of Québec | 6 orders, Nov 2024 – Feb 2025 | 8 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorPwC | Miller Thomson LLP | 27 Feb 2025 | Order · 27 Feb 2025 |
| CreditorExport Development Canada | Fasken Martineau DuMoulin LLP | 11 Oct 2024 | Order · 11 Oct 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | EDC (Autobus/Bus) · in 10 casesdebtor: 9139249 Canada Inc. & al. | $20.5M | Notice to Creditors of the Initial Order |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
104 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans5 transactions · 4 approved · 1 closed — a transaction for the sale of substantially all of the Debtor's business to Mobility Technologies LLC and its affiliates, was approved by this Court and closed on January 31, 2025Third Report of the Monitor · 24 Feb 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Mobility Technologies, LLCPurchased Assets, as more particularly described in the APA · asset sale · nominee/assignee: Bus Web, LLC; Bus Tech, LLC; 9139249 LLC; Bus Tech Canada Inc. / Autobus Tech Canada Inc. · agreement 17 Dec 2024 | Subscribers | Closed31 Jan 2025 | Third Report of the Monitor |
| 9139249 LLCthe LAWA Contract · asset sale | not stated | Approved10 Jan 2025 | USA Proceedings - Order Approving Vesting Order |
| Bus Tech Canada Inc. / Autobus Tech Canada Inc.the Canadian Purchased Assets (other than the Domain) · asset sale · ResidualCo: 9139 ResidualCo, Inc. | not stated | Approved10 Jan 2025 | USA Proceedings - Order Approving Vesting Order |
| Bus Tech, LLCthe US Purchased Assets (other than the LAWA Contract) and the Equity Interests · assets and shares | not stated | Approved10 Jan 2025 | USA Proceedings - Order Approving Vesting Order |
| Bus Web, LLCthe Domain · asset sale | not stated | Approved10 Jan 2025 | USA Proceedings - Order Approving Vesting Order |
Closed · the record states no distribution outcome.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and First Meeting of Creditors_16758185 Canada Inc.
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Extension and Termination Order
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
| Application for Distribution Order, Termination Order and anciliary relief | PDF · Subscribers | |
USA Proceedings - Order Approving Vesting Order
| PDF · Subscribers | |
USA Proceedings - Order Recognizing SISP
| PDF · Subscribers | |
| USA Proceedings - Order Approving Stipulation | PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Order Extending Stay of Proceedings and Sealing an Exhibit
| PDF · Subscribers | |
Radiation Order (in French only)
| PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
Application for Approval and Vesting Order, Extension of the Stay of Proceedings and Sealing Order
| PDF · Subscribers | |
Amended and Restated Initial and Transition Order
| PDF · Subscribers | |
Notice to Creditors of the Initial Order
| PDF · Subscribers | |
| Application to Extend the Stay of Proceedings | PDF · Subscribers | |
Initial and Transition Order
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor | PDF · Subscribers | |
| Application for an Initial and Transition Order | PDF · Subscribers | |
Order Extending the Delay to File a Proposal and Approving Increase in Interim Financing
| PDF · Subscribers | |
Second Report of the Trustee to the Court
| PDF · Subscribers | |
| Application for an extension of time to file a proposal and approval of an increase in Interim Financing | PDF · Subscribers | |
Order Approving a Sale and Investment Solicitation Process
| PDF · Subscribers | |
| Order Extending the Delay to File a Proposal and Approving Interim Financing and Other Related Relief | PDF · Subscribers | |
| Application for an order approving SISP, extending the delay to file a proposal and approving an interime financing | PDF · Subscribers | |
| Letter to creditors | PDF · Subscribers | |
First Report of the Trustee to the Court
| PDF · Subscribers | |
Notice of filing of intention to make a proposal
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “16758185 Canada Inc. (formerly 9139249 Canada Inc.)., Bus.com US Holding Inc., Bus.com Leasing LLC, Bus.com US LLC & 9139249 Canada Inc. (California)” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/16758185-canada-inc-formerly-9139249-canada-inc-bus-com-us-holding-inc-bus-com-l