A Parent Media Co. Inc and Kidoodle, Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3 (the "BIA"), and section 13(2) of the Judicature Act, RSA 2000, c. J-2, and section 65(7) of the Personal Property Security Act, RSA 2000, c. P-7
- File
- 2601-15777
A Parent Media Co. Inc. and Kidoodle, Inc. are before the Court of King's Bench of Alberta in insolvency proceedings. Dino DeLuca, as Holder Representative for Team Canada SSM LLC, TriWest Lower Mid-Market Fund I, L.P., Douglas G. Nyhoff, James R. Lites and Charla Kim Smith jointly, and Joseph M. DePinto, applied under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act and section 65(7) of the Personal Property Security Act for the appointment of AlixPartners Restructuring Inc. as receiver. Bank of Montreal holds first-ranking security over all of A Parent Media's present and after-acquired personal property for approximately USD 3,800,000. The 2L holders, all directly or indirectly directors of the company, are owed USD 4,000,000 under a general security agreement dated June 29, 2026 that ranks behind the Bank; demand has been issued and an event of default declared. Holders of 3L notes are owed USD 27,375,000 in principal under a general security agreement of the same date, registered in priority to the 2L security.
Blackline of Template Receivership Order to proposed form of Receivership Order — Receivership order
Dino DeLuca, as Holder Representative, applied in court file 2601-15777 to appoint AlixPartners Restructuring, Inc. receiver of A Parent Media Co. Inc. and Kidoodle, Inc. under section 243(1) of the Bankruptcy and Insolvency Act.
Filing brief
Kidoodle: the lenders are the directors, and the default was a filing date
A Calgary company streaming children's television into 160 territories was put before the Court of King's Bench on September 3 by lenders who advanced US$2 million in June for US$4 million of principal — and who are, on the applicant's own sworn evidence, all directly or indirectly directors of the company. The default was not a missed payment. It was a security registration filed nineteen days too early by somebody else.
Debtor
A Parent Media Co. Inc and Kidoodle, Inc.
Receiver
AlixPartners
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Neilson | Court of King's Bench of Alberta | 2 orders, Aug 2026 – Sep 2026 | 44 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantDino Deluca | Bennett Jones LLP | 4 Sep 2026 | Service list · 4 Sep 2026 |
| CreditorBank of Montreal | Lawson Lundell LLP | 4 Sep 2026 | Service list · 4 Sep 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 3L Holders (Unsecured Convertible Notes holders, now secured)3L GSA dated June 29, 2026 - general security interest over all present and after-acquired personal property; registered at Alberta PPSA in priority to 2L GSA per registration order (though 2L Note intended subordination not effected) — Aggregate principal amount of 3L Notes plus accruing interest (interest amount not stated). Security interest registered in priority to 2L Holders' security despite 2L Holders' understanding it would be subordinated - no subordination agreement executed, giving rise to Event of Default under 2L Note. — debtor: A Parent Media Co. Inc. · as of 29 Jun 2026 | $27.4M USD | Affidavit of Dino DeLuca sworn on August 29, 2026 |
| Secured | 2L Holders (Team Canada SSM LLC, TriWest Lower Mid-Market Fund I, L.P., Douglas G. Nyhoff, James R. Lites & Charla Kim Smith jointly, Joseph M. DePinto) under Senior Secured Second Lien Convertible No2L GSA dated June 29, 2026 - general security interest over all present and after-acquired personal property; registered PPSA August 26, 2026; aggregate Principal Amount of 2L Note (each Holder advanced USD $800,000 principal less 50% OID, net funding USD $400,000 each); facility ceiling up to USD $40,000,000 — Related party: all 2L Holders are directly or indirectly directors of APMC. Subordinate in priority to BMO security. Demand issued and Event of Default declared August 28, 2026 for Principal Amount immediately due and payable. — debtor: A Parent Media Co. Inc. · as of 29 Jun 2026 | $4M USD | Affidavit of Dino DeLuca sworn on August 29, 2026 |
| Secured | Bank of Montreal (BMO) · in 279 casesas of affidavit date (August 2026, approximate) — First-ranking security interest over all present and after-acquired personal property of APMC under letter of agreement - amendment & restatement dated September 23, 2024 — Approximate amount as advised to affiant; BMO Indebtedness capped in 2L Note negative covenant at not to exceed USD $4,050,000 principal amount — debtor: A Parent Media Co. Inc. | $3.8M USD | Affidavit of Dino DeLuca sworn on August 29, 2026 |
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.
| Date | Document | File |
|---|---|---|
| Service list as at September 14, 2026 | ||
Notice and Statement of the Receiver dated September 11, 2026
| ||
Receivership Order filed September 8, 2026
| ||
| Consent to Act as Receiver dated September 4, 2026 | ||
Service list as at September 4, 2026
| ||
| Blackline of Template Receivership Order to proposed form of Receivership Order | ||
Letter to Justice Neilson dated August 31, 2026
| ||
Originating Application filed August 31, 2026
| ||
Affidavit of Dino DeLuca sworn on August 29, 2026
| ||
Letter to Service List dated August 26, 2026
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “A Parent Media Co. Inc and Kidoodle, Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/a-parent-media-co-inc-and-kidoodle-inc