Proceedings.

3S International Inc. and YYZ Lighting Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-26-00001912-0000
Filings held4
Last activity9 Jul 2026
On the record88 days
Secured debt$4.04M
OverviewSummary updated

3S International Inc. and YYZ Lighting Inc. are in a court-appointed receivership in Ontario, commenced on July 9, 2026 when the Ontario Superior Court of Justice, sitting in bankruptcy and insolvency, made a receivership order over the two companies. The proceeding rests on section 243 of the Bankruptcy and Insolvency Act and the provincial Judicature Act receivership power, and is carried on court file CV-26-00001912-0000. The receivership remains active. The record to date discloses no further steps, hearings or reports beyond the appointment itself.

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Case updates4 dated entries
Parties

Debtor

3S International Inc. and YYZ Lighting Inc.

Receiver

Albert Gelman

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredCaisse Desjardins Ontario Credit Union Inc. · in 22 casesGeneral Security Agreement dated August 23, 2024 granting first-ranking security interest in all present and after-acquired personal property of 3S International Inc., registered under Ontario PPSA File No. 508547196, Registration No. 20240826 1440 1590 5797; security secures two Variable Credit Agreements dated July 17, 2024 (principal amounts $4,000,000.00 and $1,000,000.00, renewed October 10, 2025) which are cross-collateralized and cross-defaulted per Acknowledgment re: Cross-Default dated August 23, 2024; also secured by General Guarantee and Postponement of Claim from YYZ Lighting Inc. · as of 7 Apr 2026$4.04MApplication Record (returnable June 26, 2026)
4SecuredRoyal Bank of Canada · in 556 casesNamed as a secured creditor on the Application Record's Service List; no amount, security type, or registration details stated on the pages provided — debtor: 3S International Inc.Application Record (returnable June 26, 2026)
4SecuredThe Toronto-Dominion Bank · in 111 casesNamed as a secured creditor on the Application Record's Service List; no amount, security type, or registration details stated on the pages provided — debtor: 3S International Inc.Application Record (returnable June 26, 2026)
5PMSI / lessorsPPSA equipment financiers (PMSI class) · in 183 casesLikely purchase-money security interests over vehicles/equipment (Tesla Motors Canada ULC; Nissan Canada Inc.) — Tesla Motors Canada ULC and Nissan Canada Inc. are named as secured creditors on the Service List, consistent with serialized-equipment/vehicle PMSI financiers; aggregated per convention as no individual amounts or security details are stated on the pages provided — debtor: 3S International Inc.Application Record (returnable June 26, 2026)
8UnsecuredCanada Revenue Agency · in 926 casesDeemed trust class; no specific amount of arrears stated in the document — debtor: 3S International Inc.Application Record (returnable June 26, 2026)

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Documents4 filings
DateDocumentFile
Endorsement of Justice Vallee dated July 9, 2026
  • Presiding officer Justice Vallee
PDF
Order Appointing Receiver dated July 9, 2026
  • Applicant Caisse Desjardins Ontario Credit Union Inc.
  • Appointee Albert Gelman Inc.
  • Appointee role receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 4 more extracted facts
PDF
Application Record (returnable June 26, 2026)
  • Applicant CAISSE DESJARDINS ONTARIO CREDIT UNION INC.
  • Appointee ALBERT GELMAN INC.
  • Appointee role Proposed Receiver
  • Commencement date 25 June 2026
  • + 6 more extracted facts
PDF
Factum of the Applicant (for application returnable June 26, 2026)PDF

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

CiteProceedings., “3S International Inc. and YYZ Lighting Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/3s-international-inc-and-yyz-lighting-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/3s-international-inc-and-yyz-lighting-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.