Proceedings.

2907160 Canada Inc. (formerly known as PROSEP INC.)

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, C-36
File
500-11-045554-132
Filings held19
Last activity11 Jan 2016
On the record4,711 days
OverviewSummary updated

2907160 Canada Inc. (formerly known as PROSEP INC.) is proceeding under the CCAA, with its case currently listed as active. The only record before the court is a Statement of Affairs dated November 1, 2013, setting out List "A" unsecured creditors. The list includes claims from Fondation Le Fonds de Dév. Conf. Syndicats Nationaux pour la Coopération et l'emploi for $2,816,000, Bershaw & Co TR for $406,000, Brant Investments Limited for $137,500 and $94,000 under separate entries, Fiducie Desjardins for $500,000, Kvale Advokatfirma Da for $174,000, Raymond Chabot Grant Thornton for $166,430.38, and CAFO Inc. for $19,981.98 in US dollars and $98,261.02 in Canadian dollars, among dozens of smaller trade and personal claims.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Claims and Meeting Procedure Order dated 19 November 2013.

Proceedings AIAsk this case — answers cite the filings
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Case updates18 dated entries · 1 undated
#Sale

The court granted an approval and vesting order for the sale to PWA ProSep, Inc. Closing terms, as extracted: Vesting occurs upon issuance of the Monitor's Certificate confirming execution of the Purchase Agreement, payment of the Purchase Price, and satisfaction/waiver of closing conditions.

Source: Approval and Vesting Order

Undated filings1 — no date appears on the document · show
Order

Resolution Interim order granted

PDF

Parties

Debtor

2907160 Canada Inc. (formerly known as PROSEP INC.)

Monitor

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice LalondeSuperior Court of Québec4 orders, Oct 2013 – Dec 20137 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorMartelStikeman Elliott LLP20 Nov 2013Service list · 20 Nov 2013
CreditorMason PoplawMcCarthy Tétrault LLP20 Nov 2013Service list · 20 Nov 2013
Capital structureAs asserted in the filings
stated amounts, drawn to scale
Priority classCreditorAmountSource
UnsecuredFondation Le Fonds de Dév. Conf. Syndicats Nationaux pour la Coopération et l'emploidebtor: Prosep Inc. · as of 1 Nov 2013$2.82MList of Creditors
UnsecuredFiducie Desjardinsdebtor: Prosep Inc. · as of 1 Nov 2013$500KList of Creditors
UnsecuredBershaw & Co TRdebtor: Prosep Inc. · as of 1 Nov 2013$406KList of Creditors
UnsecuredKvale Advokatfirma Dadebtor: Prosep Inc. · as of 1 Nov 2013$174KList of Creditors
UnsecuredRaymond Chabot Grant Thornton L.L.P.debtor: Prosep Inc. · as of 1 Nov 2013$166KList of Creditors
UnsecuredBrant Investments LimitedListed separately with a distinct address from another Brant Investments Limited entry — debtor: Prosep Inc. · as of 1 Nov 2013$138KList of Creditors
UnsecuredCAFO Inc. - CADdebtor: Prosep Inc. · as of 1 Nov 2013$98.3KList of Creditors
UnsecuredBrant Investments LimitedListed separately with a distinct address from another Brant Investments Limited entry — debtor: Prosep Inc. · as of 1 Nov 2013$94KList of Creditors
UnsecuredComputershare · in 36 casesdebtor: Prosep Inc. · as of 1 Nov 2013$34.1KList of Creditors
UnsecuredAon inc.debtor: Prosep Inc. · as of 1 Nov 2013$26.3KList of Creditors
UnsecuredEquinox IPdebtor: Prosep Inc. · as of 1 Nov 2013$20.4KList of Creditors
UnsecuredCAFO Inc. - USDAmount stated in USD per creditor entry label — debtor: Prosep Inc. · as of 1 Nov 2013$20K USDList of Creditors
UnsecuredMarketwire L.P. · in 5 casesdebtor: Prosep Inc. · as of 1 Nov 2013$9.1KList of Creditors
UnsecuredTranslatecdebtor: Prosep Inc. · as of 1 Nov 2013$8.56KList of Creditors
UnsecuredDigital Days · in 2 casesdebtor: Prosep Inc. · as of 1 Nov 2013$6.45KList of Creditors
UnsecuredCroix Bleue du Québecdebtor: Prosep Inc. · as of 1 Nov 2013$2.92KList of Creditors
UnsecuredPitney Bowes Canada · in 5 casesdebtor: Prosep Inc. · as of 1 Nov 2013$2.76KList of Creditors
UnsecuredNathalie DrouinIndividual creditor, personal name — debtor: Prosep Inc. · as of 1 Nov 2013$2.48KList of Creditors
UnsecuredNeuvactiondebtor: Prosep Inc. · as of 1 Nov 2013$2.36KList of Creditors
UnsecuredDeloitte · in 7 casesdebtor: Prosep Inc. · as of 1 Nov 2013$2.3KList of Creditors
UnsecuredTSX Inc. · in 8 casesdebtor: Prosep Inc. · as of 1 Nov 2013$2.3KList of Creditors
UnsecuredStirCreativedebtor: Prosep Inc. · as of 1 Nov 2013$2KList of Creditors
UnsecuredGAZAL Logistics Services & Warehousingdebtor: Prosep Inc. · as of 1 Nov 2013$1.42KList of Creditors
UnsecuredConsultants Manoahri Incdebtor: Prosep Inc. · as of 1 Nov 2013$1.32KList of Creditors
UnsecuredArkadin Canada incdebtor: Prosep Inc. · as of 1 Nov 2013$978List of Creditors
Unsecured3Men@Work Integrated Networksdebtor: Prosep Inc. · as of 1 Nov 2013$862List of Creditors
UnsecuredChamoun Matheodebtor: Prosep Inc. · as of 1 Nov 2013$475List of Creditors
UnsecuredUPS Canada · in 92 casesdebtor: Prosep Inc. · as of 1 Nov 2013$462List of Creditors
UnsecuredFlonetdebtor: Prosep Inc. · as of 1 Nov 2013$414List of Creditors
UnsecuredBell Canada (514)522-5550 · in 298 casesdebtor: Prosep Inc. · as of 1 Nov 2013$399List of Creditors
UnsecuredShred-it · in 22 casesdebtor: Prosep Inc. · as of 1 Nov 2013$264List of Creditors
UnsecuredMaster Card - Banque Nationaledebtor: Prosep Inc. · as of 1 Nov 2013$256List of Creditors
UnsecuredAlpha Plantes · in 2 casesdebtor: Prosep Inc. · as of 1 Nov 2013$222List of Creditors
UnsecuredRecall · in 2 casesdebtor: Prosep Inc. · as of 1 Nov 2013$200List of Creditors
UnsecuredCafé Vasco da Gamadebtor: Prosep Inc. · as of 1 Nov 2013$181List of Creditors
UnsecuredFruits-à-la-Jobdebtor: Prosep Inc. · as of 1 Nov 2013$125List of Creditors
UnsecuredCidel Bank & Trustdebtor: Prosep Inc. · as of 1 Nov 2013$121List of Creditors
UnsecuredFournitures de bureau Denis · in 32 casesdebtor: Prosep Inc. · as of 1 Nov 2013$111List of Creditors
UnsecuredUn mot d'Excellence inc.debtor: Prosep Inc. · as of 1 Nov 2013$102List of Creditors
UnsecuredLabrador Laurentienne Inc. · in 3 casesdebtor: Prosep Inc. · as of 1 Nov 2013$89List of Creditors
UnsecuredDéménagement Westmountdebtor: Prosep Inc. · as of 1 Nov 2013$75List of Creditors
UnsecuredBell Mobilité · in 28 casesdebtor: Prosep Inc. · as of 1 Nov 2013$52List of Creditors
UnsecuredBell · in 27 casesdebtor: Prosep Inc. · as of 1 Nov 2013$47List of Creditors
UnsecuredSelectcom Telecom · in 7 casesdebtor: Prosep Inc. · as of 1 Nov 2013$40List of Creditors
UnsecuredCopie Novadebtor: Prosep Inc. · as of 1 Nov 2013$21List of Creditors
UnsecuredCourrier Rapidedebtor: Prosep Inc. · as of 1 Nov 2013$12List of Creditors
Sale processPer the transactions

Sale approvedApproval and Vesting Order · 28 Oct 2013

PurchaserPriceStatusSource
PWA ProSep, Inc.the assets described in the Purchase Agreement (the "Purchased Assets") · asset sale · agreement 23 Oct 2013not statedApproved28 Oct 2013Approval and Vesting Order
Closing termsVesting occurs upon issuance of the Monitor's Certificate confirming execution of the Purchase Agreement, payment of the Purchase Price, and satisfaction/waiver of closing conditions.Approval and Vesting Order
RecoveriesAs stated in the filings

Equity: no distribution.Under the plan · sanctionedSanction Order · 19 Dec 2013

ClassCreditorClaimsRecoveryBasisSource
EquityPersons holding Equity Claimsno distributionUnder the plansanctionedper the courtSanction Order · 19 Dec 2013

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.

Documents
19 filings
DateDocumentFile
Certificate of the MonitorPDF
Minutes of the Court Hearing (in French)
  • Presiding officer Justice Jean-Yves Lalonde
PDF
Sanction Order
  • Presiding officer Justice Jean-Yves Lalonde
  • Recovery outcome Entries: per plan · Stated on: 2013-12-19 · Table missing:
PDF
Minutes of the first meeting of creditors (in French)PDF
Notice of Creditors MeetingPDF
Instructions to CreditorsPDF
Proof of Claim FormPDF
Notice of Name ChangePDF
Notice of Claims Bar DatePDF
Proxy, Instructions, and Election Notice for Affected CreditorsPDF
Service List
  • Counsel Stikeman Elliott LLP
PDF
Claims and Meeting Procedure Order
  • Presiding officer Justice Jean-Yves Lalonde
PDF
List of Creditors
  • Unsecured creditors $34.1K · Page: 1 · As of: 2013-11-01 · Basis: Statement of Affairs, List "A" Unsecured Creditors, as reported · Debtor: Prosep Inc. · Creditor: Computershare
PDF
Notice to CreditorsPDF
Approval and Vesting Order
  • Closing terms Vesting occurs upon issuance of the Monitor's Certificate confirming execution of the Purchase Agreement, payment of the Purchase Price, and satisfaction/waiver of closing conditions.
  • Order date 28 October 2013
  • Purchaser PWA ProSep, Inc. · the assets described in the Purchase Agreement (the "Purchased Assets") · asset sale · approved
PDF
Initial Order
  • Applicant ProSep Inc.
  • Appointee KPMG Inc.
  • Appointee role monitor
  • Commencement date 28 October 2013
  • + 5 more extracted facts
PDF
Plan of Compromise
  • Recovery outcome Entries: per plan · Table missing:
PDF
ResolutionPDF
Third Report of the Monitor
  • Appointee KPMG Inc.
  • Appointee role monitor
  • Commencement date 28 October 2013
  • Court SUPERIOR COURT OF QUÉBEC (COMMERCIAL DIVISION)
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “2907160 Canada Inc. (formerly known as PROSEP INC.)” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/2907160-canada-inc-formerly-known-as-prosep-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/2907160-canada-inc-formerly-known-as-prosep-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.