Proceedings.

ADTS

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act
Court
Supreme Court of Nova Scotia
File
Hfx 470769
Filings held36
Last activity4 Apr 2018
On the record3,210 days
Secured debt$4.89M
OverviewSummary updated

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.

Claims processIf you are owed money

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

Per the Claims Procedure Schedule B dated 16 February 2018.

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Case updates35 dated entries · 1 undated
#Report

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

#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

#Filing

Initial Order of December 7, 2017 commenced ADTS's CCAA proceedings in the Supreme Court of Nova Scotia under file Hfx No. 470769.

Source: Filed Notice of Motion

#Filing

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
—
Filing

OSB Form 2 - Atlantica — Assignment in bankruptcy

PDF

Parties

Debtor

ADTS

Monitor

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice ChipmanSupreme Court of Nova Scotia2 orders, Dec 20172 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorAccutrac Capital Solutions IncWilson Vukelich LLP13 Dec 2017Application · 13 Dec 2017
CreditorAtlantica Diversified Transportation Systems IncBurchells LLP13 Dec 2017Application · 13 Dec 2017
CreditorDavid Montgomery President and CEO Atlantica Diversified Transportation Services IncBurchells LLP13 Dec 2017Application · 13 Dec 2017
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredSecured creditors (aggregate as reported) · in 35 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$4.89MOSB Form 2 - Atlantica
8UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesDocument names no individual creditors. — debtor: Atlantica Diversified Transportation Systems Inc. · as of 30 Sep 2016$4.92MOSB Form 2 - Atlantica
8UnsecuredTrust claims (aggregate as reported)Trust claims class distinct from secured/unsecured; document names no individual creditors. — debtor: Atlantica Diversified Transportation Systems Inc. · as of 30 Sep 2016$890KOSB Form 2 - Atlantica
Fees and ratesAs stated in the filings

1 engagement · 1 firm — BDO Canada Limited, to 30 Nov 2017, $13,420.50 in feesMonitor's Third Report · 14 Feb 2018

FirmPeriodHoursFeesRatesSource
BDO Canada LimitedMonitorto 30 Nov 201735.3$13,420.50ex. tax$285 – $4252 peopleMonitor's Third Report · 14 Feb 2018
2 people — BDO Canada Limited, to 30 Nov 2017
NameTitleHoursRateFees
Phil Clarke—2$425$850.00
Jason Breeze—2$285$570.00

Top rate $425 · 44th percentile of monitor rates, 2017 · of 17

Estate financialsReported figures — never derived
Total assets at filing$10.4M
Total liabilities at filing$10.7M

As at 30 Sep 2016 · per unaudited book values per most recent consolidated financial statements · Debtor company, Atlantica Diversified Transportation Systems Inc. (consolidated per item 11, though item 10 states no affiliates/subsidiaries) — Book value of total liabilities that are contingent: $1.

Cumulative receipts

$1.43M

As at 30 Jan 2018Monitors Second Report

Cumulative disbursements

$1.42M

As at 30 Jan 2018Monitors Second Report

Professional fees to date

$88.9K

As at 14 Feb 2018Monitor's Third Report

Documents
36 filings
DateDocumentFile
Court Order dated April 4, 2018
  • Presiding officer Justice Peter P. Rosinski
PDF
Order of the Supreme Court of Nova ScotiaPDF
Claims Procedure Schedule BPDF
Monitor's Third Report
  • Fee schedule Engagements: Form: invoice_listing · Rows: Jason Breeze; Phil Clarke · Money: Tax: $2.01K · Label: HST(15%) · Quote: HST(15%) | 2.013.08 · Fees: $13.4K · Quote: Time charges to November 30, 2017 (35.3 hours) | $13,420.50 · Total: $15.4K · Quote: Total Account | S 15.433.58 · includes tax · Approximate: false · Period: End: 2017-11-30 · Kind: invoice · Quote: Time charges to November 30, 2017 (35.3 hours) · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 2013.08 · Fees: 13420.5 · Quote: Time charges to November 30, 2017 (35.3 hours) | $13,420.50 · Total: 15433.58 · Period end: 2017-11-30; Tax: 2131.07 · Fees: 14207.11 · Quote: HST(l5%) | 2.131.07 · Firm text: BDO Canada Limited · Firm quote: BDO Canada Limited In its capa&^ag^MQRor · Hours total: Quote: Time charges to November 30, 2017 (35.3 hours) · Value: 35.3 · Context quote: This report ("Third Report") is filed by BDO Canada Limited ("BDO") in its capacity as monitor (the "Monitor") appointed on December 7,2017
  • Operational summary 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.
  • Professional fees $88.9K · Note: Total unpaid fees of the Professionals (Monitor, Monitor's counsel, Applicant's counsel and Assistants) secured by the Administration Charge; individual invoices detailed in Exhibit 1. · Party: Monitor, Monitor's counsel, Applicant's counsel and Assistants (Professionals)
  • Report date 14 February 2018
  • + 1 more extracted fact
PDF
Court Order
  • Presiding officer Justice D. Timothy Gabriel
PDF
Notice of Material Adverse ChangePDF
Monitors Second Report
  • Disbursements $1.42M · Note: Total expense to January 26, 2018, positive expense variance versus forecast; some post-filing expenses remain unpaid understating actual costs
  • Operational summary 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.
  • Receipts cumulative $1.43M · Note: Total revenue to January 26, 2018 for the six weeks reported, compared to cash flow forecast
  • Report date 30 January 2018
  • + 1 more extracted fact
PDF
Claims Procedure Creditor NoticePDF
Newspaper Notice to Creditors - Claims ProcedurePDF
Procedure Letter AND Claims Procedure Creditor Instruction LetterPDF
Creditor ListPDF
Claims Procedure Order
  • Presiding officer Justice James L. Chipman
PDF
Claims Procedure Schedule APDF
Claims Procedure Schedule DPDF
Claims Procedure Schedule EPDF
Order
  • Presiding officer Justice James L. Chipman
PDF
First Monitor's ReportPDF
Letter to court filed on December 20, 2017PDF
Monitor's Brief Filed December 20, 2017PDF
Applicants Brief filed on December 19, 2017PDF
Letter to Court enc. Fourth Supplemental Affidavit of David Montgomery and Draft OrdersPDF
Fourth Supplemental Affidavit of David MontgomeryPDF
Filed Notice of Motion
  • Commencement date 7 December 2017
  • Counsel Christopher A.L Caruana Wilson Vukelich LLP
  • Court file no Hfx No. 470769
PDF
Letter to Court enc. Notice of MotionPDF
Letter to Creditors re Initial Order
  • Applicant Atlantica Diversified Transportation Systems Inc.
  • Appointee BDO Canada Limited
  • Appointee role Monitor
  • Commencement date 7 December 2017
  • + 3 more extracted facts
PDF
Newspaper Notice of CCAA FilingPDF
Letter to Parties on the Service List re: Court's DirectionsPDF
Form 1- AtlanticaPDF
Claims Procedure Schedule CPDF
Initial Order
  • Applicant Atlantica Diversified Transportation Systems Inc.
  • Court Supreme Court of Nova Scotia
  • Court file no 2017 Hfx No. 470769
  • Statutory basis CCAA section 11.01(a)
PDF
Monitor's Pre-filing ReportPDF
Appendix A - Monitors Report on CashflowPDF
Filed Notice of ApplicationPDF
Filed Memorandum to the Court
  • Appointee BDO Canada Limited
  • Appointee role Monitor
  • Commencement date 23 November 2017
PDF
Filed Affidavit of David MontgomeryPDF
OSB Form 2 - Atlantica
  • Financial position Assets $10.4M · Liabilities $10.7M · as at 30 Sep 2016 · per unaudited book values per most recent consolidated financial statements · Debtor company, Atlantica Diversified Transportation Systems Inc. (consolidated per item 11, though item 10 states no affiliates/subsidiaries) — Book value of total liabilities that are contingent: $1.
  • Secured creditors $4.89M · Note: Book value of secured liabilities per most recent consolidated financial statements (unaudited); document names no individual creditors. · Page: 3 · As of: 2016-09-30 · Debtor: Atlantica Diversified Transportation Systems Inc. · Creditor: Secured creditors (aggregate as reported)
  • Unsecured creditors $890K · Note: Trust claims class distinct from secured/unsecured; document names no individual creditors. · Page: 3 · As of: 2016-09-30 · Basis: Book value of trust claims per most recent consolidated financial statements (unaudited) · Debtor: Atlantica Diversified Transportation Systems Inc. · Creditor: Trust claims (aggregate as reported)
PDF

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

CiteProceedings., “ADTS” (CCAA), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/adts

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Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/adts

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.