Aldo Group
Follow- Proceeding
- CCAACCAA
- File
- 500-11-058644-200
Aldo Group's proceeding commenced on May 7, 2020, when the Superior Court of Québec (Commercial Division) rendered a first initial order under the Companies' Creditors Arrangement Act. The matter is recorded in Quebec under court file number 500-11-058644-200. The record before this page carries no further dated steps, and the proceeding is now closed. Nothing on the record here addresses the terms of the initial order, the parties involved, or how the case concluded.
The claims bar date has passed — claims were due by
Per the Ordonnance relative au processus de réclamation (TRADUCTION NON-OFFICIELLE) dated 4 August 2020.
Application to Terminate CCAA Proceedings, Discharge the Monitor and for Other Ancillary Relief — Application / notice of application
Application for the Authorization to Review Additional Late Claims — Application / notice of application
Notice of Withdrawal of an Appeal of the Monitor’s Decision to Reject a Proof of Claim (by Revenue Québec), dated July 21, 2022 (in French) — Proof of claim (blank form)
Order Directing Review and Allowance of a Proof of Claim (Salesforce.com), dated July 19, 2022 — Proof of claim (blank form)
Modified Application by Salesforce.com Canada Corporation to Direct the Review of a Proof of Claim, dated July 15, 2022 — Proof of claim (blank form)
Motion to Appeal the Monitor’s Decision rendered pursuant to Article 4.5 of the Plan of Arrangement (by Revenue Québec), dated July 7, 2022 (in French) — Application / notice of application
Appendices 1 to 5 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022 — Application / notice of application
Appendices 7 to 14 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022 — Application / notice of application
Appendix 6 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022 — Application / notice of application
Declaration submitted in support of the motion for permission to appeal — Application / notice of application
Motion by Investissement Quebec for permission to appeal a judgment rendered June 16, 2022, with appendices — Application / notice of application
Motion to suspend the judgment ordering provisional execution and to shorten delays — Application / notice of application
Order on the Application for a Determination of the Value of Charged Assets and the Discharge of Security (in French) — Application / notice of application
Exhibit IQ-1 – Investissement Québec’s Proof of Claim (in French) — Proof of claim (blank form)
Investissement Québec’s Contestation (re : Application for a Determination of the Value of Charged Assets and the Discharge of Security) (in French) — Application / notice of application
Application for a Determination of the Value of Charged Assets and the Discharge of Security, dated May 10, 2022 — Application / notice of application
The stay of proceedings was extended to 2022-08-31.
Source: Eighth Amended and Restated Initial Order, extending the stay until August 31, 2022
Application for the Issuance of a Sanction Order, including a Revised Draft Sanction Order, dated April 27, 2022 — Application / notice of application
Application by Salesforce.com Canada Corporation to Direct the Review of a Proof of Claim — Proof of claim (blank form)
Additional Information for the Meeting of Creditors and Pre-Registration and Proxy Form — Meeting materials
Application for the Issuance of a Plan Filing and Meeting Order, dated March 18, 2022 — Application / notice of application
Order Lifting the Stay of Proceedings, Authorizing the Review of Late Claims, and Approving Amendments to the DIP Financing Term Sheet was filed.
The stay of proceedings was extended to 2022-04-29.
Source: Seventh Amended and Restated Initial Order, extending the stay until April 29, 2022
Contestation to the Debtors' Application for an Extension of the Stay of Proceedings and Other Relief — Application / notice of application
Application for an Extension of the Stay of Proceedings and Other Relief — Application / notice of application
Application for an Extension of the Stay of Proceedings to December 17, 2021 and for the Authorization to Review Additional Late Claims — Application / notice of application
Order lifting the stay of proceedings and authorizing the review of late claims and the payment of certain tax claims of U.S. Tax Authorities was filed.
Application for an extension of the stay of proceedings to July 16, 2021, and other relief — Application / notice of application
Application for an Extension of the Stay of Proceedings to December 15, 2020 — Application / notice of application
Order Extending Time Limit to Send the Notices of Scheduled Landlord's Claim was filed.
Source: Order Extending Time Limit to Send the Notices of Scheduled Landlord's Claim
Application to Extend the Time Limit to Send the Notices of Scheduled Landlord's Claim — Application / notice of application
The Applicants seek the approval of an amendment to the DIP Financing Term Sheet — Application / notice of application
A claims procedure was approved, setting a claims bar date of 2020-09-30.
Source: Claims Process Order
A claims procedure was approved, setting a claims bar date of 2020-09-30.
Source: Ordonnance relative au processus de réclamation (TRADUCTION NON-OFFICIELLE)
A claims procedure was approved, setting a claims bar date of 2020-09-30.
Source: Text of Claims Process Order
Application for an Extension of the Stay of Proceedings and for the Establishment of a Claims Process — Claims procedure order
Motion to Contest a Notice to Lessor to Disclaim or Resiliate a Lease by a Commercial Tenant and to Claim Certain Post-Filing Amounts Under the Lease — Application / notice of application
Motion to contest a lease disclaimer (3911403 Canada Inc. and Tech Avenue PTC Inc.) — Application / notice of application
Motion to Authorize the Petitioners to Make Payments to Performance Team — Application / notice of application
Order Authorizing the Petitioner to make Payments to Certain Service Providers — Order (other)
Motion to Authorize the Petitioners to Make Payments to Certain Services Providers — Application / notice of application
Notice to Creditors Published in The Wall Street Journal on May 19 and May 26, 2020 — Notice to creditors
Notice to Creditors published in National Post on May 19 and May 26, 2020 — Notice to creditors
Motion to Lift the Stay of Proceedings to Allow the Continuance of Arbitration Proceedings between Aldo US and Damco — Application / notice of application
Commencement of the proceeding: the Superior Court of Québec rendered a first initial order under the CCAA, opening court file 500-11-058644-200.
Petition for the Issuance of an Initial Order and an Amended and Restated Initial Order — Amended and restated initial order
Debtor
Aldo Group
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Pinsonnault | Superior Court of Québec | 20 orders, May 2020 – Apr 2023 | 22 cases on record |
Counsel of record
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Southwest Capital Holdings Inc.Debenture encumbering substantially all assets and undertakings of Aldo Canada — Related party: Southwest is an affiliated company under common control with Aldo Canada; approx. US$70.7M equivalent stated by Monitor; main secured creditor — debtor: The Aldo Group Inc. (Aldo Canada) | $100M | Report of the Proposed Monitor |
| Secured | Investissement Québec (IQ) · in 99 casesSecurity over information technology infrastructure financed by the loan — Approx. US$25.3M equivalent stated by Monitor — debtor: The Aldo Group Inc. (Aldo Canada) | $40M | Report of the Proposed Monitor |
Unsecured creditors: a distribution.Under the plan · implementedReport of the Monitor · 24 Apr 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planimplementedper the debtor | Re-Amended Plan of Arrangement · 21 Apr 2022 |
| Preferred | — | — | paid in full | Under the planimplementedper the debtor | Re-Amended Plan of Arrangement · 21 Apr 2022 |
| Unsecured | Convenience Creditors | — | a distributionconditional | Under the planimplementedper the monitor | Report of the Monitor · 24 Apr 2023 |
| Unsecured | Aldo Group International AG (AGIAG) | — | 16.4 %of proven claims | Under the planimplementedper the monitor | Application for the Issuance of a Sanction Order, including a Revised… · 14 Apr 2022 |
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.
| Date | Document | File |
|---|---|---|
| Termination Certificate | ||
CCAA Termination and Monitor's Discharge Order
| ||
Report of the Monitor, dated April 24, 2023
| ||
| Application to Terminate CCAA Proceedings, Discharge the Monitor and for Other Ancillary Relief | ||
| Application for the Authorization to Review Additional Late Claims | ||
| Notice of Withdrawal of an Appeal of the Monitor’s Decision to Reject a Proof of Claim (by Revenue Québec), dated July 21, 2022 (in French) | ||
| Order Directing Review and Allowance of a Proof of Claim (Salesforce.com), dated July 19, 2022 | ||
| Modified Application by Salesforce.com Canada Corporation to Direct the Review of a Proof of Claim, dated July 15, 2022 | ||
| Certificate of Implementation | ||
| Motion to Appeal the Monitor’s Decision rendered pursuant to Article 4.5 of the Plan of Arrangement (by Revenue Québec), dated July 7, 2022 (in French) | ||
| Court of Appeal Order on Permission to appeal by Investissement Québec, dated July 5, 2022 | ||
Appendices 1 to 5 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022
| ||
Appendices 7 to 14 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022
| ||
| Appendix 6 of the Declaration in support of the Motion for permission to appeal the judgment rendered June 16, 2022 | ||
Declaration submitted in support of the motion for permission to appeal
| ||
| Motion by Investissement Quebec for permission to appeal a judgment rendered June 16, 2022, with appendices | ||
Motion to suspend the judgment ordering provisional execution and to shorten delays
| ||
Order on the Application for a Determination of the Value of Charged Assets and the Discharge of Security (in French)
| ||
| Report of the Monitor - May 21, 2022 | ||
| Exhibit IQ-1 – Investissement Québec’s Proof of Claim (in French) | ||
| Exhibit IQ-2 – Hypothec in favour of Investissement Québec and certification status with RDPRM | ||
| Exhibit IQ-3 – Research Results on Le Groupe Aldo inc. at RDPRM | ||
| Exhibit IQ-4 – Report of the Proposed Monitor (Pre-Filing Report) dated May 6, 2020 | ||
| Exhibit IQ-5 – Aldo Press Release issued May 7, 2020 | ||
| Exhibit IQ-6 - Aldo Press Release issued May 8, 2020 (in French) | ||
| Exhibit IQ-7 – La Presse newspaper article (Marie-Ève Fournier) dated May 9, 2020 (in French) | ||
| Investissement Québec’s Contestation (re : Application for a Determination of the Value of Charged Assets and the Discharge of Security) (in French) | ||
| Application for a Determination of the Value of Charged Assets and the Discharge of Security, dated May 10, 2022 | ||
Plan Sanction Order, with Schedules
| ||
Report of the Monitor, dated May 2, 2022
| ||
Eighth Amended and Restated Initial Order, extending the stay until August 31, 2022
| ||
Application for the Issuance of a Sanction Order, including a Revised Draft Sanction Order, dated April 27, 2022
| ||
| Report of the Monitor, dated April 26, 2022 | ||
| Application by Salesforce.com Canada Corporation to Direct the Review of a Proof of Claim | ||
Re-Amended Plan of Arrangement, dated April 21, 2022
| ||
| List of creditors, as at March 30, 2022 | ||
| Notice of Creditors' Meeting and Sanction Hearing | ||
| Resolution of Affected Creditors at the Creditors' Meeting | ||
| Voting Letter | ||
Plan Filing and Meeting Order, dated March 25, 2022
| ||
| Amended Plan of Arrangement, dated March 24, 2022 | ||
| Contestation by Investissement Québec (in French) | ||
| Exhibit IQ-1: Investissement Québec Proof of Claim (in French) | ||
Exhibit IQ-2: Copy of RDPRM search results for ALDO (in French)
| ||
| Exhibit IQ-3: Fasken letter addressed to Davies dated March 22, 2022 (in French) | ||
Service List as of March 21, 2022
| ||
| Additional Information for the Meeting of Creditors and Pre-Registration and Proxy Form | ||
Application for the Issuance of a Plan Filing and Meeting Order, dated March 18, 2022
| ||
Service List as of March 10, 2022
| ||
Service List as of March 8, 2022
| ||
Order Lifting the Stay of Proceedings, Authorizing the Review of Late Claims, and Approving Amendments to the DIP Financing Term Sheet
| ||
Seventh Amended and Restated Initial Order, extending the stay until April 29, 2022
| ||
| Contestation to the Debtors' Application for an Extension of the Stay of Proceedings and Other Relief | ||
| Application for an Extension of the Stay of Proceedings and Other Relief | ||
Service List as of October 28, 2021
| ||
Order Authorizing the Review of Late Claims
| ||
Sixth amended and restated initial order, authorizing the extension of the Stay of Proceedings to December 17, 2021
| ||
Service List as of July 13, 2021
| ||
| Application for an Extension of the Stay of Proceedings to December 17, 2021 and for the Authorization to Review Additional Late Claims | ||
Rectified Order Approving an Amendment to the DIP Financing Term Sheet and a Key Employee Retention Plan and Declaring that Aldo 1125 Third Avenue Corporation and Aldo 250 West 125 Inc. shall cease to be Debtor Companies
| ||
| Modified Application for an Order Approving an Amendment to the DIP Financing Term Sheet and a Key Employee Retention Plan and Declaring that Aldo 1125 Third Avenue Corporation and Aldo 250 West 125 Inc. Shall Cease to be Debtor Companies | ||
Service List as of April 8, 2021
| ||
Fifth amended and restated initial order
| ||
Order lifting the stay of proceedings and authorizing the review of late claims and the payment of certain tax claims of U.S. Tax Authorities
| ||
| Application for an extension of the stay of proceedings to July 16, 2021, and other relief | ||
Fourth Amended and Restated Initial Order
| ||
Order Approving Amendments to the DIP Financing Term Sheet and to the Credit Agreement
| ||
Service List as of December 11, 2020
| ||
Application for an Extension of the Stay of Proceedings to March 19, 2021 and for the Approval of Amendments to the DIP Financing Term Sheet and to the Credit Agreement
| ||
Order Partially Lifting the Stay
| ||
Third Amended and Restated Initial Order
| ||
| Report of the Monitor | ||
Service List as of September 25, 2020
| ||
| Application for an Extension of the Stay of Proceedings to December 15, 2020 | ||
Service List to September 11, 2020
| ||
Order Approving an Amendment to the DIP Financing Term Sheet
| ||
Order Extending Time Limit to Send the Notices of Scheduled Landlord's Claim
| ||
Order Regarding the Contestation of a Lease Disclaimer (3911403 Canada Inc. and Tech Avenue PTC Inc.)
| ||
Service List as of August 21, 2020
| ||
| Report of the Monitor dated August 20, 2020 | ||
| Application to Extend the Time Limit to Send the Notices of Scheduled Landlord's Claim | ||
| The Applicants seek the approval of an amendment to the DIP Financing Term Sheet | ||
| If you believe that you have a Claim against the Debtors, you will have to file with the Monitor a duly completed Proof of Claim. The Proof of Claim must be received at the latest by 5:00 p.m. (Montréal Time) on September 30, 2020 (the “Claims Bar Date”), unless the Court orders that the Proof of Claim be accepted after that date, failing which you will be forever barred from advancing a Claim against the Aldo Group and from receiving a distribution under the Plan on account of such Claim. As well, any Person having a Restructuring Claim must file a Proof of Claim against the Debtors by the later of: (i) the Claims Bar Date; or (ii) 5:00 p.m. (Montréal Time) on the 30th day following the receipt of a written notice advising such Person to file a Proof of Claim as a result of the repudiation, resiliation, termination or restructuring of any contract, lease, employment agreement or other agreement on or after May 7, 2020, failing which the Person will be forever barred from advancing a Restructuring Claim against the Debtors and from receiving a distribution under the Plan on account of such Claim | ||
| Notice to Creditors other than scheduled employees and landlords | ||
| Avis publié dans les journaux pour le Processus de réclamation | ||
Claims Process Order
| ||
| Notice of Dispute | ||
| Notice of Scheduled Employee Claim | ||
| Notice of Scheduled Landlord Claim | ||
Ordonnance relative au processus de réclamation (TRADUCTION NON-OFFICIELLE)
| ||
Pursuant to the Order rendered by the Superior Court of Quebec (Commercial Division) (the “Court”) on August 4, 2020, establishing a procedure to identify, adjudicate and bar claims against the Debtors and their officers and directors (the “Claims Process Order”), notice is hereby given that any Proof of Claim, or Notice of Dispute must be filed with, and received by the Monitor, at the address set forth below, by no later than 5:00 p.m., Montréal time on September 30, 2020 (the “Claims Bar Date”)
| ||
Text of Claims Process Order
| ||
| Motion to Compel Payment | ||
| Motion by McKinsey to Contest a Disclaimer Notice | ||
| Lenders' Motion to Lift the Stay of Proceedings against the Petitioners for the sole purpose of demanding payment, as well as for relief to safeguard its rights related to Southwest’s claim against Aldo Canada, Aldo US and Aldo AG | ||
Application for an Extension of the Stay of Proceedings and for the Establishment of a Claims Process
| ||
Order Approving a Consulting Agreement
| ||
Second Amended and Restated Initial Order
| ||
| Application to be Authorized to Dispose of Certain Property Outside of the Ordinary Course of Business and Approving the Entering of an Agreement with SB360 Capital Partners LLC | ||
The present report is prepared in connection with the Applicants’ request for an extension of the Amended Initial Order and for an authorization to conduct a claims process
| ||
| Motion to Contest a Notice to Lessor to Disclaim or Resiliate a Lease by a Commercial Tenant and to Claim Certain Post-Filing Amounts Under the Lease | ||
| Motion to contest a lease disclaimer (3911403 Canada Inc. and Tech Avenue PTC Inc.) | ||
| The present report is prepared in connection with the requirement under section 23(1)(d)(ii) CCAA, requiring the filing of a report on the debtor companies’ business and financial affairs within 45 days of the debtor companies’ fiscal quarter end, based on the information that has been made available to the Monitor | ||
Order Authorizing the Petitioners to Make Payments to Performance Team
| ||
| Report of the Monitor intended to supplement the report dated June 3, 2020 prepared by Ernst & Young Inc. in the context of a Motion to authorize the Petitioners to make payments to certain services providers , and should be read in conjunction therewith | ||
| Motion to Authorize the Petitioners to Make Payments to Performance Team | ||
| Notice to Creditors that the Monitor has prepared two reports, dated May 14 and June 3, 2020, pertaining to the Applicants’ motions for an extension of the relief measures provided for in the Initial Order, to lift the stay of proceedings in respect of a specific legal proceeding, and for an authorization to pay certain service providers | ||
Order Authorizing the Petitioner to make Payments to Certain Service Providers
| ||
| Report of the Monitor providing the Court with information relevant to the Applicants’ Motion to authorize the Petitioners to make payments to certain services providers | ||
| Motion to Authorize the Petitioners to Make Payments to Certain Services Providers | ||
| Notice to Creditors Published in La Presse on May 19 and May 26, 2020 | ||
| Notice to Creditors Published in The Wall Street Journal on May 19 and May 26, 2020 | ||
| Notice to Creditors published in National Post on May 19 and May 26, 2020 | ||
Amended and Restated Initial Order
| ||
Order Lifting the Stay of Proceedings
| ||
| Schedule B - Sale Guidelines | ||
| The present report is intended to supplement the report dated May 6, 2020 prepared by Ernst & Young Inc., then as proposed monitor in the context of the proceedings herein and should be read in conjunction therewith | ||
| Motion to Lift the Stay of Proceedings to Allow the Continuance of Arbitration Proceedings between Aldo US and Damco | ||
| Service List | ||
| Notice to Creditors of the Initial Order obtained on May 7, 2020 | ||
First Initial Order
| ||
| List of Creditors | ||
| Petition for the Issuance of an Initial Order and an Amended and Restated Initial Order | ||
Report of the Proposed Monitor
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Aldo Group” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/aldo-group