1787930 Ontario Inc. cob as Messenger Freight Systems & 1732427 Ontario Inc
- Proceeding
- NOIsection 50.4(9) of the Bankruptcy and Insolvency Act
- File
- 35-2395487
1787930 Ontario Inc., carrying on business as Messenger Freight Systems, and 1732427 Ontario Inc. filed a notice of intention to make a proposal under s. 50.4 of the BIA on July 23, 2018, with MNP Ltd. as trustee. The matter is before the Ontario Superior Court of Justice under court file 35-2395481 and remains active. A Statement of Affairs for 1787930 Ontario Inc. alone, prepared as at July 2, 2018 and sworn October 12, 2018, puts total assets at $2,746,439.89 against total liabilities of $5,648,247.34, a stated deficiency of $2,901,807.45. Liabilities comprise $2,004,068.45 owed to unsecured creditors and $2,746,439.89 to secured creditors per list "B", with no preferred or contingent and trust claims recorded. The same schedule separately reports a balance of secured claims of $897,739.00.
1787930 Ontario Inc. and 1732427 Ontario Inc. - Reason for Decision dated December 3, 2019 — Endorsement / reasons
1732427 Ontario Inc. - Respondent's Brief of Authorities dated Sep 9, 2019 — Response / objection pleading
1732427 Ontario Inc. - Respondent's Compendium dated Sep 9, 2019 — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. - Certificate of Perfection — Court officer certificate
1787930 Ontario Inc. and 1732427 Ontario Inc. - Appeal Book and Compendium of the Appellant Transit Pertroleum Inc. — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. - Appeal Book and Compendium of the Appellant Transit Petroleum Inc. — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. - Responding Motion Record for the Purpose of the Appeal — Response / objection pleading
1787930 Ontario Inc. and 1732427 Ontario Inc. - Responding Party's Factum for the Purpose of the Appeal — Response / objection pleading
1787930 Ontario Inc. - Motion Record of Transit Petroleum Inc. (returnable April 15, 2019) dated March 26, 2019 — Application / notice of application
1787930 Ontario Inc. - Notice of Appeal and Appellant's Certificate Respecting Evidence (Transit Petroleum Inc.) dated March 21, 2019 — Response / objection pleading
Ontario Inc v. Transit Petroleum - Cost Endorsement dated March 13, 2019 — Endorsement / reasons
1787930 Ontario Inc. and 1732427 Ontario Inc. - Undertakings Brief of Transit Petroleum Inc., dated December 12, 2018 — Application / notice of application
1787930 Ontario Inc. Factum of the Responding Part, Transit Petroleum Inc. (returnable December 19, 2018) dated December 11, 2018 — Response / objection pleading
1787930 Ontario Inc. and 1732427 Ontario Inc. - Transcript Brief of Transit Petroleum Inc., dated December 11, 2018 — Response / objection pleading
1732427 Ontario Inc. - Court Order Approving Proposal dated December 4, 2018 — Plan sanction / final order
1787930 Onatrio Inc. - Court Order Approving Proposal dated December 4, 2018 — Plan sanction / final order
1787930 Ontario Inc. - Second Supplementary Motion Record (returnable December 19, 2018) dated October 31, 2018 — Application / notice of application
1787930 Ontario Inc. - Sur-Reply Motion Record of Transit Petroleum dated October 24, 2018 — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. - Exhibit Book of the Appellant Transit Petroleum Inc. Volume 1 of 2 — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. - Exhibit Book of the Appellant Transit Petroleum Inc. Volume 2 of 2 — Application / notice of application
1787930 Ontario Inc. - Supplementary Motion Record (returnable December 19, 2018) dated October 17, 2018 re Transit Petroleum — Application / notice of application
1787930 Ontario Inc. - Responded Motion Record of Transit Petroleum Inc. (Miller Thomson) dated October 4, 2018 — Application / notice of application
1787930 Ontario Inc. - Motion Record (returnable October 2), dated September 19, 2018 re Transit Petrolium — Application / notice of application
1787930 Ontario Inc. and 1732427 Ontario Inc. Motion Record (returnable September 11, 2018) dated August 23, 2018 — Application / notice of application
The officer filed report no. First Report. The Companies continue operating their transportation and warehousing business under NOI protection while negotiating fuel supply arrangements with new suppliers and seeking refinancing of their secured debt to support a future proposal to creditors.
Source: First Report to Court re. 1787930 Ontario Inc. and 1732427 Ontario Inc )- Final July 26, 2018
The officer filed report no. First Report. Messenger continues operating its transportation/warehousing business post-NOI while negotiating post-filing fuel supply arrangements with suppliers, and the Companies are pursuing refinancing with multiple lenders to support a viable proposal to creditors.
Source: Second Report to Court re. 1787930 Ontario Inc. and 1732427 Ontario Inc. dated September 10, 2018
1732427 Ontario Inc. - Motion Record (returnableJuly 31, 2018) dated July 23, 2018 was filed. Court file 35-2395487.
Source: 1732427 Ontario Inc. - Motion Record (returnableJuly 31, 2018) dated July 23, 2018
Notice of intention to make a proposal filed under BIA s. 50.4 for both companies, commencing the proceeding in the Ontario Superior Court of Justice.
Source: 17387930 Ontario Inc. - Motion Record (returnableJuly 31, 2018) dated July 23, 2018
Undated filings2 — no date appears on the document · show
1787930 Ontario Inc. and 1732427 Ontario Inc. - Appellant's Book of Authorities — Application filed
1787930 Ontario Inc. and 1732427 Ontario Inc. - Appellants Book of Authorities — Application filed
Debtor
1787930 Ontario Inc. cob as Messenger Freight Systems & 1732427 Ontario Inc
Proposal trustee
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Raikes | Ontario Superior Court of Justice | 1 order, Mar 2019 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Debtor1787930 Ontario Inc. cob as Messenger Freight Systems & 1732427 Ontario Inc | Swanick & Associates | 31 Jul 2018 | Order · 31 Jul 2018 |
| CreditorTransit Petroleum Inc | Miller Thomson LLP | 23 Oct 2018 | Application · 24 Oct 2018 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate per list "B") · in 37 casesBalance of secured claims as per list "B": $897,739.00; Secured creditors as per list "B": $2,746,439.89 (list itself not provided in these pages) — Statement of Affairs reports two related figures for secured claims (a 'balance of secured claims' of $897,739.00 and 'Secured creditors as per list B' of $2,746,439.89); document does not itemise individual secured creditors on these pages, so the stated total secured creditors figure is used as amount; components not summed. — debtor: 1787930 Ontario Inc. cob as Messenger Freight Systems · as of 2 Jul 2018 | $2.75M | Notice of Proposal - 1732427 Ontario Inc., dated October 19, 2018 |
| 8 | Unsecured |
1 more claim in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: a distribution. Transit Petroleum a distribution.Under the plan · implementedMotion Record · 8 Sep 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planimplementedper the debtor | Notice of Proposal - 1732427 Ontario Inc. · 22 Oct 2018 |
| Unsecured | ordinary Unsecured Creditors (Election Creditors) | — | a distributionconditional | Under the planimplementedper the proposal trustee | Motion Record · 8 Sep 2020 |
| Unsecured | Related Creditors | — | no distribution | Under the planimplementedper the debtor | Notice of Proposal - 1732427 Ontario Inc. · 22 Oct 2018 |
| Unsecured | Transit Petroleum | — | conditional | Estimatedper the proposal trustee | Motion Record · 8 Sep 2020 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
| Certificate of Full Performance | PDF · Subscribers | |
Supplementary Motion Record for Transit
| PDF · Subscribers | |
| Letter to counsel and MNP re motion for Transit | PDF · Subscribers | |
| Motion Record - Transit | PDF · Subscribers | |
| Messenger Freight Certificate of Full Performance | PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Reason for Decision dated December 3, 2019 | PDF · Subscribers | |
| 1732427 Ontario Inc. - Respondent's Brief of Authorities dated Sep 9, 2019 | PDF · Subscribers | |
| 1732427 Ontario Inc. - Respondent's Compendium dated Sep 9, 2019 | PDF · Subscribers | |
| 1732427 Ontario Inc. - Respondent's Factum dated Sep 9, 2019 | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Brief of Authorities dated June 13, 2019 | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Factum of the Respondent dated June 13, 2019 | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Certificate of Perfection | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Appeal Book and Compendium of the Appellant Transit Pertroleum Inc. | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Appeal Book and Compendium of the Appellant Transit Petroleum Inc. | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Brief of Authorities of the Moving Party Transit Petroleum Inc. (returnable April 15, 2019) | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Court of Appeal decision re Extension of time to perfect appeal of costs decision | PDF · Subscribers | |
1787930 Ontario Inc. and 1732427 Ontario Inc. - Factum of the Moving Pary, Transit Petroleum Inc. (returnable April 15, 2019)
| PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Responding Motion Record for the Purpose of the Appeal | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Responding Party's Factum for the Purpose of the Appeal | PDF · Subscribers | |
1787930 Ontario Inc. - Motion Record of Transit Petroleum Inc. (returnable April 15, 2019) dated March 26, 2019
| PDF · Subscribers | |
| 1787930 Ontario Inc. - Notice of Appeal and Appellant's Certificate Respecting Evidence (Transit Petroleum Inc.) dated March 21, 2019 | PDF · Subscribers | |
Ontario Inc v. Transit Petroleum - Cost Endorsement dated March 13, 2019
| PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Brief of Authorities for the Purpose of Appeal | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Notice of Motion (returnable December 19, 2018) dated December 12, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Undertakings Brief of Transit Petroleum Inc., dated December 12, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. Factum of the Responding Part, Transit Petroleum Inc. (returnable December 19, 2018) dated December 11, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Transcript Brief of Transit Petroleum Inc., dated December 11, 2018 | PDF · Subscribers | |
| 1732427 Ontario Inc. - Court Order Approving Proposal dated December 4, 2018 | PDF · Subscribers | |
| 1787930 Onatrio Inc. - Court Order Approving Proposal dated December 4, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. - Factum of the Moving Party (returnable December 19, 2018) dated December 3, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. - Second Supplementary Motion Record (returnable December 19, 2018) dated October 31, 2018 | PDF · Subscribers | |
1787930 Ontario Inc. - Sur-Reply Motion Record of Transit Petroleum dated October 24, 2018
| PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Exhibit Book of the Appellant Transit Petroleum Inc. Volume 1 of 2 | PDF · Subscribers | |
1787930 Ontario Inc. and 1732427 Ontario Inc. - Exhibit Book of the Appellant Transit Petroleum Inc. Volume 2 of 2
| PDF · Subscribers | |
| Notice of Proposal - 1787930 Ontario Inc. cob as Messenger Freight Systems, dated October 22, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. - Supplementary Motion Record (returnable December 19, 2018) dated October 17, 2018 re Transit Petroleum | PDF · Subscribers | |
| Court Order Extension to file a Proposal (October 12, 2018) , dated September 11, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. - Responded Motion Record of Transit Petroleum Inc. (Miller Thomson) dated October 4, 2018 | PDF · Subscribers | |
| 1787930 Ontario Inc. - Motion Record (returnable October 2), dated September 19, 2018 re Transit Petrolium | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Exhibit of the Appellant Transit. Volume 1 of 2 | PDF · Subscribers | |
Second Report to Court re. 1787930 Ontario Inc. and 1732427 Ontario Inc. dated September 10, 2018
| PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. Motion Record (returnable September 11, 2018) dated August 23, 2018 | PDF · Subscribers | |
1732427 Ontario Inc. - Court order dated July 31, 2018
| PDF · Subscribers | |
| 1787930 Ontario Inc. - Court order dated July 31, 2018 | PDF · Subscribers | |
First Report to Court re. 1787930 Ontario Inc. and 1732427 Ontario Inc )- Final July 26, 2018
| PDF · Subscribers | |
1732427 Ontario Inc. - Motion Record (returnableJuly 31, 2018) dated July 23, 2018
| PDF · Subscribers | |
17387930 Ontario Inc. - Motion Record (returnableJuly 31, 2018) dated July 23, 2018
| PDF · Subscribers | |
| Notice of Intention - 1732427 Ontario Inc | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Appellant's Book of Authorities | PDF · Subscribers | |
| 1787930 Ontario Inc. and 1732427 Ontario Inc. - Appellants Book of Authorities | 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., “1787930 Ontario Inc. cob as Messenger Freight Systems & 1732427 Ontario Inc” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1787930-ontario-inc-cob-as-messenger-freight-systems-and-1732427-ontario-inc