ALLEN-VANGUARD CORPORATION and ALLEN-VANGUARD LTD.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
- File
- CL-26-00000383-0000
Allen-Vanguard Corporation and Allen-Vanguard Ltd. were placed in receivership on September 1, 2026, when the Ontario Superior Court of Justice (Commercial List) appointed PricewaterhouseCoopers Inc. as receiver and manager on the application of Contego AV Funding II, LLC and Contego AV Funding II-A, LLC. The appointment was made under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act.
A further order of Justice W.D. Black dated September 1, 2026 was made in the same proceeding.
Justice W.D. Black appointed PricewaterhouseCoopers Inc. receiver and manager of Allen-Vanguard Corporation and Allen-Vanguard Ltd. on the applicants' application, by order made September 1, 2026.
Source: Receivership Order
5 earlier updates, back to 1 September 2026 — subscribers.
Filing brief
Allen-Vanguard: the goods the receiver may not touch
An Ottawa company whose electronics stop remotely detonated bombs from going off went into receivership on September 1 owing US$80,309,624.64 to lenders affiliated with its own owner — and because its inventory is controlled goods under the Defence Production Act, Justice Black borrowed a device from cannabis receiverships to appoint a receiver deemed never to possess it.
Debtor
ALLEN-VANGUARD CORPORATION and ALLEN-VANGUARD LTD.
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 2 orders, Sep 2026 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Osler, Hoskin & Harcourt LLP | 1 Sep 2026 | Order · 1 Sep 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Contego AV Funding II, LLC and Contego AV Funding II-A, LLC (as senior secured lenders, via CFS Administrative Agency Canada Corp. as Agent)General Security Agreement dated May 6, 2008 (all present and after-acquired property of Borrower); two Debentures dated May 6, 2008 and December 18, 2009 (all present and after-acquired property of Allen-Vanguard Ltd. and pledge of its shares); Securities Pledge Agreement dated December 18, 2009 (pledge of Borrower's shares); Security Agreement Supplement dated December 18, 2009 (AV Investments, LLC present and after-acquired property); Reaffirmation of Credit Documents dated March 22, 2013. Revolving Credit Facility limit $17,500,000; Term Loan Facility limit $25,844,403.97 (facility limits, · as of 30 Jun 2026 | $80.3M USD | VOL I OF IV - APPLICATION RECORD - APPLICANTS |
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 |
|---|---|---|
| Notice and Statement of Receiver s245 and 246 of the BIA | PDF · Subscribers | |
Endorsement of J. Black (re Receivership Order)
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Factum of the Applicants | PDF · Subscribers | |
VOL I OF IV - APPLICATION RECORD - APPLICANTS
| PDF · Subscribers | |
| VOL II OF IV - APPLICATION RECORD - APPLICANTS | PDF · Subscribers | |
VOL III OF IV - APPLICATION RECORD - APPLICANTS
| PDF · Subscribers | |
VOL IV OF IV - APPLICATION RECORD - APPLICANTS
| 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., “ALLEN-VANGUARD CORPORATION and ALLEN-VANGUARD LTD.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/allen-vanguard-corporation-and-allen-vanguard-ltd