Proceedings.

3258042 Nova Scotia Limited

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Active
Proceeding
NOIsections 50.4(7)(b)(ii) and 50.4(9) of the Bankruptcy and Insolvency Act ("BIA")
File
38866
Filings held18
Last activity2 Oct 2015
On the record4,224 days
Secured debtSubscribers
OverviewSummary updated

3258042 Nova Scotia Limited filed a notice of intention on February 27, 2015 in the Supreme Court of Nova Scotia in Bankruptcy and Insolvency at Halifax, court file 38866, estate number 51-1965976, with Deloitte Restructuring Inc. as Proposal Trustee. The matter is cited under sections 50.4(7)(b)(ii) and 50.4(9) of the Bankruptcy and Insolvency Act and remains active. A Form 78 statement of affairs sworn July 14, 2015 by Peter G. Hendrickson puts assets at $3,543,527.00, being the building and land at 180 Thornhill Drive, Dartmouth valued at $3,505,352.00 plus $38,175.00 cash. Secured claims total $3,650,936.45 against security valued at $3,505,352.00, leaving $145,584.45 to rank with the $217,440.54 of unsecured claims. The Business Development Bank of Canada - Atlantic is listed at $3,371,763.00 and Halifax Regional Municipality property taxes at $279,173.45; surplus is declared nil.

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Case updates16 dated entries · 2 undated

13 earlier updates, back to 27 February 2015 subscribers.

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

Parties

Debtor

3258042 Nova Scotia Limited

Proposal trustee

Deloitte

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBusiness Development Bank of Canada - Atlantic · in 13 casesReal property or immovable — building and land at 180 Thornhill Drive, Dartmouth, NS; estimated value of security $3,226,178.55; estimated surplus $0.00; balance of claim $145,584.45 (List “B”). — debtor: 3258042 Nova Scotia Limited · as of 14 Jul 2015$3.37MStatement of Affairs
11 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Under the plan · sanctionedProposal Trustee Report · 20 Jul 2015

ClassCreditorClaimsRecoveryBasisSource
Preferredpaid in fullUnder the plansanctionedper the proposal trusteeProposal Trustee Report · 20 Jul 2015
UnsecuredDeferred Creditorsrelated partyno distributionUnder the plansanctionedper the proposal trusteeProposal Trustee Report · 20 Jul 2015
Unsecuredpaid in fullUnder the plansanctionedper the proposal trusteeProposal Trustee Report · 20 Jul 2015

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.

4 stated figures across 3 outcomes, each sourcedSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
18 filings
DateDocumentFile
Form 42 - Certificate of AssignmentPDF · Subscribers
Order Refusing to Approve ProposalPDF · Subscribers
Report of the Proposal Trustee on Refusal by court to Approve Proposal (Form 41)
PDF · Subscribers
Fifth ReportPDF · Subscribers
Notice of Hearing of Applicaiton for Court Approval of ProposalPDF · Subscribers
Notice to Creditors on Adjournment of Court Approval of ProposalPDF · Subscribers
Form 40.1 - Notice of Hearing of Application for Court Approval of ProposalPDF · Subscribers
Proposal Trustee’s Material Adverse Change Report (Fourth Report)PDF · Subscribers
Proposal Trustee Report
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per plan · Stated on: 2015-07-20 · Table missing:
PDF · Subscribers
Cash FlowPDF · Subscribers
Proposal
  • Recovery outcome Entries: per plan; per plan; per plan · Table missing:
PDF · Subscribers
Statement of Affairs
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Proposal Trustee’s Third Report
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Proposal Trustee
  • Commencement date 27 February 2015
  • Court Supreme Court of Nova Scotia in Bankruptcy and Insolvency
  • + 2 more extracted facts
PDF · Subscribers
Order Approving Extension of Time to Make a Proposal
  • Presiding officer Registrar Richard W. Cregan
PDF · Subscribers
Proposal Trustee First Report
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Proposal Trustee
  • Commencement date 27 February 2015
  • Court Supreme Court of Nova Scotia in Bankruptcy and Insolvency
  • + 3 more extracted facts
PDF · Subscribers
Certificate of Notice of IntentionPDF · Subscribers
Proof of Claim FormPDF · Subscribers
Voting LetterPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “3258042 Nova Scotia Limited” (NOI), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/3258042-nova-scotia-limited

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/3258042-nova-scotia-limited

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.