ADTS
- Proceeding
- CCAACompanies' Creditors Arrangement Act
- File
- Hfx 470769
- Industry
- Transportation & logistics · Trucking & freight
Atlantica Diversified Transportation Systems Inc. remains under CCAA protection in the Supreme Court of Nova Scotia, under court file 2017 Hfx No. 470769, with BDO Canada Limited acting as Monitor. The company applied on November 23, 2017, invoking section 11.01(a) of the CCAA, and the proceeding is recorded as commencing December 7, 2017. On unaudited book values from its most recent consolidated financial statements as at September 30, 2016, Atlantica reported total assets of $10,404,088 against total liabilities of $10,702,455, comprising $4,892,989 owed to secured creditors, $4,919,466 unsecured and $890,000 in trust claims, with contingent liabilities carried at a book value of $1. The proceeding is active.
A claims procedure has been established — see the order for deadlines.
Per the Claims Procedure Schedule B dated 16 February 2018.
The officer filed report no. Third Report. ADTS has run out of cash and ceased operations after its factoring company stopped funding and its bank account was frozen by CRA; the Monitor recommends termination of the CCAA proceedings.
Source: Monitor's Third Report
The officer filed report no. Second Report. ADTS continues daily trucking operations while pursuing restructuring, having lost one significant customer, maintained its factoring facility and critical suppliers, and returned most leased trailers, but faces a material adverse change from a large upward revision in CRA source deduction arrears that effectively gives CRA veto power over any plan of arrangement.
Source: Monitors Second Report
Atlantica applied to the Supreme Court of Nova Scotia under CCAA section 11.01(a), filing a Form 2 Debtor Company Information Summary reporting its September 30, 2016 book values.
Source: Filed Memorandum to the Court
Undated filings1 — no date appears on the document · show
Debtor
ADTS
Monitor
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Chipman | Supreme Court of Nova Scotia | 2 orders, Dec 2017 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorBDO | Burchells LLP · Patterson Law | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorAccutrac Capital Solutions Inc | Wilson Vukelich LLP | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorAtlantica Diversified Transportation Systems Inc | Burchells LLP | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorCanada Western Bank and Canada Western Bank Leasing Inc | Cox & Palmer | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorDavid Montgomery President and CEO Atlantica Diversified Transportation Services Inc | Burchells LLP | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorRodd Management Limited | Cox & Palmer | 13 Dec 2017 | Application · 13 Dec 2017 |
| CreditorVaughn Sturgeon, a Shareholder of Atlantica Diversified Transportation Systems Inc | Stewart McKelvey | 13 Dec 2017 | Application · 13 Dec 2017 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate as reported) · in 37 casesBook value of secured liabilities per most recent consolidated financial statements (unaudited); document names no individual creditors. — debtor: Atlantica Diversified Transportation Systems Inc. · as of 30 Sep 2016 | $4.89M | OSB Form 2 - Atlantica |
| 8 | Unsecured | |||
| 8 | Unsecured |
2 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans1 engagement · 1 firm — BDO Canada Limited, to 30 Nov 2017, in feesMonitor's Third Report · 14 Feb 2018
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| BDO Canada LimitedMonitor | to 30 Nov 2017 | 2 people | Monitor's Third Report · 14 Feb 2018 | ||
9 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$1.43M
As at 30 Jan 2018Monitors Second Report
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Court Order dated April 4, 2018
| PDF · Subscribers | |
| Order of the Supreme Court of Nova Scotia | PDF · Subscribers | |
| Claims Procedure Schedule B | PDF · Subscribers | |
Monitor's Third Report
| PDF · Subscribers | |
Court Order
| PDF · Subscribers | |
Notice of Material Adverse Change
| PDF · Subscribers | |
Monitors Second Report
| PDF · Subscribers | |
| Claims Procedure Creditor Notice | PDF · Subscribers | |
| Newspaper Notice to Creditors - Claims Procedure | PDF · Subscribers | |
| Procedure Letter AND Claims Procedure Creditor Instruction Letter | PDF · Subscribers | |
| Creditor List | PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
| Claims Procedure Schedule A | PDF · Subscribers | |
| Claims Procedure Schedule D | PDF · Subscribers | |
| Claims Procedure Schedule E | PDF · Subscribers | |
Order
| PDF · Subscribers | |
| First Monitor's Report | PDF · Subscribers | |
| Letter to court filed on December 20, 2017 | PDF · Subscribers | |
| Monitor's Brief Filed December 20, 2017 | PDF · Subscribers | |
| Applicants Brief filed on December 19, 2017 | PDF · Subscribers | |
| Letter to Court enc. Fourth Supplemental Affidavit of David Montgomery and Draft Orders | PDF · Subscribers | |
| Fourth Supplemental Affidavit of David Montgomery | PDF · Subscribers | |
Filed Notice of Motion
| PDF · Subscribers | |
| Letter to Court enc. Notice of Motion | PDF · Subscribers | |
Letter to Creditors re Initial Order
| PDF · Subscribers | |
| Newspaper Notice of CCAA Filing | PDF · Subscribers | |
| Letter to Parties on the Service List re: Court's Directions | PDF · Subscribers | |
| Form 1- Atlantica | PDF · Subscribers | |
| Claims Procedure Schedule C | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Monitor's Pre-filing Report | PDF · Subscribers | |
| Appendix A - Monitors Report on Cashflow | PDF · Subscribers | |
| Filed Notice of Application | PDF · Subscribers | |
Filed Memorandum to the Court
| PDF · Subscribers | |
| Filed Affidavit of David Montgomery | PDF · Subscribers | |
OSB Form 2 - Atlantica
| 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., “ADTS” (CCAA), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/adts