Anderson Merchandisers-Canada, Inc.
Follow- Proceeding
- ProposalSection 50(5) of the Bankruptcy and Insolvency Act (Canada)
- File
- 31-2394131
Anderson Merchandisers-Canada, Inc. commenced Division I proposal proceedings on October 5, 2018 under section 50(5) of the Bankruptcy and Insolvency Act, in the Ontario Superior Court of Justice (Commercial List) under court file no. 31-2394131, with Grant Thornton Limited as proposal trustee. The Statement of Affairs (Business Proposal) as at that date reports total assets of $5,139,347.64 against total liabilities of $16,512,514.34 and a stated deficiency of $11,373,166.70, with no surplus. The principal secured creditor is Anderson Media Corporation, a related parent or affiliated corporation, whose claim of $12,890,348.34 is secured against cash, motor vehicles, a landlord deposit and receivables from Wal-Mart Canada and other customers, leaving a balance of $7,751,000.70. Employee claims of $2,000,000 and a Canada Revenue Agency deemed trust claim of $375,000 are listed among unsecured creditors. The proceeding is active.
A claims procedure has been established — see the order for deadlines.
30 earlier updates, back to 5 October 2018 — subscribers.
Undated filings5 — no date appears on the document · show
5 filings carry no date on their face — subscribers.
Debtor
Anderson Merchandisers-Canada, Inc.
Proposal trustee
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 1 order, Aug 2018 | 285 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorAnderson Merchandisers-Canada, Inc. | Cassels Brock & Blackwell LLP | 20 Aug 2018 | Order · 20 Aug 2018 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Anderson Media CorporationCash on hand (Bank of America chequing), debts due from Wal-Mart Canada, landlord deposit, motor vehicles, debts due from Newell Brands, Pioneer Balloon Canada, KABOOM Fireworks Inc., Google Inc., J. Sonic Services Inc.; total amount of claim stated as $12,890,348.34 with estimated security value $5,139,347.64 leaving balance of claim $7,751,000.70 — Related party - parent/affiliated corporation (Anderson Media Corporation) acting as secured creditor; amount of claim (12,890,348.34) is not the balance, balance of claim per List B is 7,751,000.70 — debtor: Anderson Merchandisers-Canada, Inc. · as of 5 Oct 2018 | $7.75M | Statement of Affairs and the list of Creditors with potential claims over $250 |
6 transactions · 5 proposed · 1 closed — Vehicles being marketed for sale via auctioneer, realization proceeds estimated but not yet finalizedTrustee’s Report on the Proposal.pdf · 5 Oct 2018
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Musique Select Inc.Anderson Canada's right, title and interest, if any, in and to the Inventory (as defined in each Label ATA) · asset sale · agreement 17 Aug 2018 | Subscribers | Proposed | Supplement to the Trustee's Second Report to… |
| Sony Music Entertainment Canada Inc.Anderson Canada's right, title and interest, if any, in and to the Inventory (as defined in each Label ATA) · asset sale · agreement 17 Aug 2018 | Subscribers | Proposed | Supplement to the Trustee's Second Report to… |
| Universal Music CanadaAnderson Canada's right, title and interest, if any, in and to the Inventory (as defined in each Label ATA) · asset sale · agreement 17 Aug 2018 | Subscribers | Proposed | Supplement to the Trustee's Second Report to… |
| Warner Music Canada Co.Anderson Canada's right, title and interest, if any, in and to the Inventory (as defined in each Label ATA) · asset sale · agreement 17 Aug 2018 | Subscribers | Proposed | Supplement to the Trustee's Second Report to… |
| Vehicles being sold via specialized vehicle auctioneer; some former employees offered to purchase vehicles in their possessionthe Vehicles · auction | Subscribers | Proposed | Trustee’s Report on the Proposal |
| Music Labels who accepted return of inventory under Asset Transfer AgreementsBusiness Assets and Inventory transferred under the ATAs · asset sale | Subscribers | Closeddate not stated | Trustee’s Report on the Proposal |
Unsecured creditors: paid in full.Under the plan · implementedThe Proposal .pdf · 5 Oct 2018
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planimplementedper the debtor | The Proposal · 5 Oct 2018 |
| Unsecured | remaining Unsecured Creditors | — | paid in full | Under the planimplementedper the debtor | The Proposal .pdf · 5 Oct 2018 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Certificate of Full Performance of Proposal (Form 46) | PDF · Subscribers | |
| Court Order - November 22, 2018.pdf | PDF · Subscribers | |
| Endorsement - November 22, 2018.pdf | PDF · Subscribers | |
| Motion Record for Approval of Proposal returnable November 22, 2018.pdf | PDF · Subscribers | |
| Book of Authorities (Approval of Proposal) - November 21, 2018.pdf | PDF · Subscribers | |
| Factum (Approval of Proposal) - November 21, 2018.pdf | PDF · Subscribers | |
| Trustee's Third Report to Court dated November 16, 2018.pdf | PDF · Subscribers | |
| Formulaire 92 - Avis de la proposition aux creanciers.pdf | PDF · Subscribers | |
| Notice of the Meeting of Creditors required by paragraph 51(1)(1) of the Act.pdf | PDF · Subscribers | |
| Certificate of Filing of a Proposal (paragraph 62 of the Act) | PDF · Subscribers | |
| Instructions on completing the required forms.pdf | PDF · Subscribers | |
Instructions sur la façon de completer les formulaires requis
| PDF · Subscribers | |
The Proposal
| PDF · Subscribers | |
Trustee’s Report on the Proposal.pdf
| PDF · Subscribers | |
| Statement of Affairs and the list of Creditors with potential claims over $250.pdf | PDF · Subscribers | |
| Endorsement - August 20, 2018.pdf | PDF · Subscribers | |
| Inventory Transfer Approval and Vesting Order (Musique Select Inc.) - August 20, 2018.pdf | PDF · Subscribers | |
| Inventory Transfer Approval and Vesting Order (Sony Music Entertainment Canada) - August 20, 2018.pdf | PDF · Subscribers | |
| Inventory Transfer Approval and Vesting Order (Universal Music Canada) - August 20, 2018.pdf | PDF · Subscribers | |
| Inventory Transfer Approval and Vesting Order (Warner Music Canada Co.) - August 20, 2018.pdf | PDF · Subscribers | |
| Motion Record returnable August 20, 2018.pdf | PDF · Subscribers | |
Stay Extension and Approval Order - August 20, 2018.pdf
| PDF · Subscribers | |
| Supplementary Motion Record returnable August 20, 2018.pdf | PDF · Subscribers | |
Supplement to the Trustee's Second Report to Court dated August 17, 2018....pdf
| PDF · Subscribers | |
| Trustee's Second Report to Court dated August 16, 2018.pdf | PDF · Subscribers | |
| Email Service List dated August 3, 2018.docx | PDF · Subscribers | |
| Service List dated August 3, 2018.docx | PDF · Subscribers | |
| Motion Record returnable July 24, 2018.pdf | PDF · Subscribers | |
Order of Justice McEwen (First Stay Extension) - July 24, 2018.pdf
| PDF · Subscribers | |
| Trustee's First Report to Court dated July 20, 2018.pdf | PDF · Subscribers | |
| Frequently Asked Questions dated July 19, 2018.pdf | PDF · Subscribers | |
| Formulaire 31 - Preuve de réclamation.pdf | PDF · Subscribers | |
| Formulaire 36 - Formulare de procuration.pdf | PDF · Subscribers | |
| Formulaire 37 -Formulaire de votation.pdf | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
| Proxy Form.pdf | PDF · Subscribers | |
| Voting Letter.pdf | 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., “Anderson Merchandisers-Canada, Inc.” (Proposal), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/anderson-merchandisers-canada-inc