Proceedings.

Asbestos Corporation Limited (TSXV:AB.H)

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Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Superior Court of Québec · Commercial Division
File
235-11-000008-259
Filings held126
Last activity23 Oct 2026
On the record548 days
Secured debtSubscribers
OverviewSummary updated

Asbestos Corporation Limited remains under CCAA protection in the Superior Court of Québec (Commercial Division), District of Frontenac, following the commencement of proceedings on May 6, 2025, with Raymond Chabot Inc. as Monitor and recognition obtained under Chapter 15 in the United States Bankruptcy Court for the Southern District of New York. The Court of Appeal of Québec denied the Asbestos Parties' motion for leave to appeal the July 30, 2025 judgment maintaining the Amended and Restated Initial Order and rejecting the challenge to the stay in favour of CLMI. A claims process was approved on December 12, 2025, and orders of January 6, 2026 fixed a bar date for existing asbestos claims of September 10, 2026 at 5:00 p.m. Judgments issued June 10, 11 and 19, 2026 granted the Asbestos Claims Adjudication Order application and conditioned document access on a Restricted Use Undertaking.

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Case updates132 dated entries · 13 undated
#Report

Companion report covered the claims process and the parallel Chapter 15 proceedings, reviewed cash position changes funded by the interim financing facility, and again urged dismissal of the bar date extension application.

Source: 2026-08-06 Ninth Status Report

#Report

Monitor reported continued weekly supervision alongside claims process implementation — publication notice program, proofs of claim, claims review protocol — and recommended dismissing the application to revise and extend the bar date.

Source: Ninth Status Report - August 6, 2026

#Report

Monitor's sixth report addressed continued claims process implementation, contacts with Existing Asbestos Known Claimants and counsel over mailing addresses and Bar Date Documents, disputes with Bennett Jones over representation of certain U.S. law firms and the Publication Notice Program, and sales information access issues.

Source: 2026-07-24 Sixth Report of the Monitor

#Report

Foreign representative's eighth status report summarised the Canadian Court's June 10, 11 and 19, 2026 judgments allowing a competing expert report on historical settlement values, conditioning document access on a Restricted Use Undertaking, and granting the Asbestos Claims Adjudication Order application.

Source: 2026-06-25 Eighth Status Report

#Report

Companion report described claimant communications, implementation of the claims process through a web portal, call centre and Bar Date Certificate, disclosure of historical sales information under a Confidentiality and Restricted Use Undertaking, insurance review, and cash flow assistance.

Source: 2026-06-09 Seventh Status Report

#Report

Monitor's fourth report covered claims process development, communications with the Opposition Parties, insurance policy review and related CCAA and Chapter 15 activity.

Source: 2025-12-05 Fourth Monitor's Report

#Report

Companion report recorded retention of NERA's Dr. Plancich, development of an online claims submission platform, preparation of the Claims Bar Date Orders, review of historical sales and insurance, and participation in the Recognition Hearing and leave to appeal.

Source: 2026-01-12 Sixth Status Report

#Report

Foreign representative reported that the Court of Appeal of Québec denied leave to appeal the July 30, 2025 judgment maintaining the Amended and Restated Initial Order and the stay in favour of CLMI.

Source: 2025-10-06 Fifth Status Report

#Report

Monitor detailed its work: insurance policy review, analysis of internal sales and claim data, meetings with counsel, site visits, and development of a claims resolution term sheet and claims process materials.

Source: 2025-09-03 Third Monitor Report

#Order

Initial order granted on the application of CLMI — Certain Underwriters at Lloyd's, London, Tenecom Limited, The Ocean Marine Insurance Company Limited, NRG Victory Reinsurance and The Scottish Lion Insurance Company — with Raymond Chabot Inc. as Monitor.

Source: 2025-05-06 ACL - Initial Order

#Order

Asbestos Corporation Limited (TSXV:AB.H) — CCAA filed, Québec.

Undated filings13 — no date appears on the document · show
—
Claims

ACL - Asbestos Proof of Claim Form (Fillable Version) — Claims process approved

PDF · Subscribers

—
Filing

Application for Asbestos and Non-Asbestos Claims Adjudication Orders — Application filed

PDF · Subscribers

—
Filing

Application for Second ARIO - Transaction Approval for Thetford Mines Lands — Application filed

PDF · Subscribers

—
Filing

Application for the Issuance of a Confidentiality Order with respect to the Asbestos Claims Procedure — Application filed

PDF · Subscribers

—
Filing

Application to Extend Stay to 2027-02-26 and Increase Interim Facility to USD 75M — Application filed

PDF · Subscribers

—
Filing

Asbestos Claimants' Motion to Extend Bar Date, Compel ACL Discovery — Application filed

PDF · Subscribers

—
Claims

Instruction Letter to Claimants - Existing Asbestos Claims — Claims process approved

PDF · Subscribers

—
Claims

Proof of Claim Form (Existing Asbestos Claims) — Claims process approved

PDF · Subscribers

—
Claims

Proof of Claim Form - Non-Asbestos Claims — Claims process approved

PDF · Subscribers

—
Report

Schedule D Actions against counsel — Court officer report filed

PDF · Subscribers

—
Claims

Schedule-A-Summary-of-Legal-Proceedings-Against-ACL — Claims process approved

PDF · Subscribers

—
Filing

Written Contestation of Initial Order - NSI Trustee and Asbestos Claimants (Davies) — Application filed

PDF · Subscribers

Case update

Asbestos Corporation: rules for the claim files, and New York's reasons

On October 21 Justice Émond extended Asbestos Corporation's CCAA stay to February 26, 2027, let it borrow up to US$75 million from Resolute Management Services Limited, and limited what those who receive claimants' files may do with them. On October 23 Judge Rakoff gave reasons for upholding U.S. recognition on the nonmain ground.

Case update

Asbestos Corporation: counting the claims after the bar date

By the monitor's preliminary, unaudited count, about 38,755 proofs of existing asbestos claims arrived by the September 10 bar date, about 86.2% of them from two U.S. law firms, which told the monitor that more than 12,000 are "placeholder" claims their clients had not signed by the deadline. The co-applicants ask that the monitor be allowed to accept late claims case by case.

Case update

Asbestos Corporation: the U.S. law firms lose standing a day before the bar date

In the three weeks before the September 10, 2026 claims bar date, the Court of Appeal of Québec refused leave to appeal the asbestos claims adjudication order, a New York bankruptcy judge recognized the bar date orders while listing what claimants had not been told, and Justice Émond held that the U.S. firms acting for more than 115,000 potential claimants cannot be parties in their clients' place.

Parties

Debtor

Asbestos Corporation Limited (TSXV:AB.H)

Monitor

Raymond Chabot

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice EmondSuperior Court of Québec38 orders, May 2025 – Oct 20268 cases on record
Justice OralSuperior Court of Québec2 orders, Sep 20251 case on record

Counsel of record

PartyCounselFirst seenSource
MonitorRaymond ChabotMcCarthy Tétrault LLP4 May 2026Service list · 4 May 2026
ApplicantAsbestos Corporation Limited (TSXV:AB.H)Fasken Martineau DuMoulin LLP · Dean Omar Branham Shirley, LLP4 May 2026Application · 7 Aug 2026
ApplicantCLMI / CoSimpson Thacher & Bartlett LLP4 May 2026Service list · 4 May 2026
CreditorAbsentNorton Rose Fulbright Canada LLP22 May 2026Order · 22 May 2026
CreditorCertain Asbestos ClaimantsMiller Thomson LLP30 Sep 2026Service list · 30 Sep 2026
Creditorcertain insurersDentons Canada LLP · Norton Rose Fulbright Canada LLP21 Oct 2026Order · 21 Oct 2026
CreditorCharles Forman, as of the Delaware Bankruptcy of National Service Industries, IncBennett Jones LLP30 Sep 2026Service list · 30 Sep 2026
CreditorCLMIStikeman Elliott LLP21 Oct 2026Order · 21 Oct 2026
CreditorDeep Sky CorporationOsler, Hoskin & Harcourt LLP30 Sep 2026Service list · 30 Sep 2026
CreditorGeneral Dynamics CorporationBlake, Cassels & Graydon LLP30 Sep 2026Service list · 30 Sep 2026
CreditorInsurers listed in Schedule ADentons Canada LLP30 Sep 2026Service list · 30 Sep 2026
CreditorInsurers listed in Schedule BNorton Rose Fulbright Canada LLP30 Sep 2026Service list · 30 Sep 2026
CreditorMe Pascale Dionne-Bourassa Me Jesse Mighton Me Audrey Nardini BENNETT JONESBrayton Purcell LLP · Dean Omar Branham Shirley, LLP · Hartley French & Mudd, Llc Simmons Hanly Conroy LLP13 Aug 2026Endorsement · 13 Aug 2026
CreditorNSIBlake, Cassels & Graydon LLP · Mighton Me Audrey Nardini Alexi Dubois BENNETT JONES LLP21 Oct 2026Order · 21 Oct 2026
CreditorPrésentBlake, Cassels & Graydon LLP22 May 2026Order · 22 May 2026
CreditorUnited States Fire Insurance Company et alDentons Canada LLP4 Sep 2025Order · 4 Sep 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredResolute Management Services Limited (Interim Lender)as of September 30, 2026 — Interim Lender's Charge, currently US$54,000,000, on all Debtor assets; ranks behind the Mazarin Security and the Administration Charge — Post-filing interim (DIP) financing, not a pre-filing debt: entire US$45,000,000 authorized facility had been drawn as at September 30, 2026. Proposed increase to US$75,000,000 facility and US$90,000,000 charge is subject to Court approval. Charge amount (US$54M) is a ceiling, not the balance. — debtor: Asbestos Corporation Limited$45M USDEighth Report of the Monitor - October 16, 2026
4Secured
8Unsecured
8Unsecured
8Unsecured

4 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processPer the transactions

Sale approvedTransactions Approval Order - Thetford Mines Lands, 9075-6453 Québec… · 4 Sep 2025

PurchaserPriceStatusSource
City of Thetford Minesthe exchange of properties described in Schedules 1 and 2 of the Settlement Agreement · real propertySubscribersApproved4 Sep 20252025-09-04 Transactions Approval Order
RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.2025-06-13 Second Report of the Monitor (with Schedule G) · 13 Jun 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecured——not yet estimatedper the trustee2025-06-13 Second Report of the Monitor (with Schedule G) · 13 Jun 2025

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.

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$6.8M

As at 4 May 20262026-05-04 Fifth Report of the Monitor

Cash on hand

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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Documents
126 filings
DateDocumentFile
2026-10-23 Opinion and Order of the U.S. District Court (S.D.N.Y.) affirming the Chapter 15 Recognition and Stay Extension
  • Order date 23 October 2026
PDF · Subscribers
Court Order Extending Stay to 2027-02-26 and Increasing Interim Facility to USD 75M and Lender's Charge to USD 90M
  • Counsel Blakes Cassels And Graydon LLP
  • Order date 21 October 2026
  • Presiding officer Justice Jean-François Émond
  • Stay extended to 26 February 2027
PDF · Subscribers
Court Order Protecting Confidentiality of Claimants' Personal Information in Asbestos Claims Procedure
  • Counsel McCARTHY TÉTRAULT s.e.n.c.r.l.
  • Order date 21 October 2026
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Eighth Report of the Monitor - October 16, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Court Order Authorizing Monitor to Accept Late Claims for Filing Purposes Only
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
CCAA Service List with Counsel and Insurers Schedules
  • Counsel Dentons Canada s.e.n.c.r.l.
PDF · Subscribers
Seventh Report of the Monitor - September 30, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
2026-09-23 - Stay Extension Order until October 23 2026
  • Order date 23 September 2026
  • Presiding officer Justice Jean-François Émond
  • Stay extended to 23 October 2026
PDF · Subscribers
2026-09-09 - Judgment on the Application to Strike Bennett Jones' Notices of Representation (Standing of the U.S. Law Firms)
  • Presiding officer Judge Jean-François
PDF · Subscribers
2026-09-09 Recognition Appeal OrderPDF · Subscribers
Judgment striking Bennett Jones notice of representation (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Order Recognizing and Enforcing Bar Date OrdersPDF · Subscribers
Decision Recognizing Bar Date OrdersPDF · Subscribers
2026-08-20 Tenth Status Report
PDF · Subscribers
2026-08-18 Judgement (in French)PDF · Subscribers
Court of Appeal Judgment Denying Leave to Appeal Claims Review Order (Certified Translation)PDF · Subscribers
2026-08-13 Minutes of a court hearing (in French)
  • Counsel Hartley French & Mudd, Llc Simmons Hanly Conroy LLP
PDF · Subscribers
2026-08-07 Objection of the Asbestos Parties to the Foreign Representative's Motion for Order recognizing the Asbestos Bar Date
  • Counsel Dean Omar Branham Shirley, LLP
PDF · Subscribers
Ninth Status Report - August 6, 2026
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
2026-07-24 Sixth Report of the Monitor
  • Operational summary Since the Fifth Report, the Monitor continued implementation of the Claims Process, communicated with Existing Asbestos Known Claimants and their counsel regarding mailing addresses and the Bar Date Documents, addressed disputes with Bennett Jones over representation of certain U.S. law firms and the Publication Notice Program, and dealt with ACL Sales Information Access Issues under the Confidentiality and Restricted Use Undertaking.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
2026-07-16 Application for declaratory relief and to strike notice of representationPDF · Subscribers
2026-07-16 Court order scheduling the hearing in respect of the enforcement of the bar date orders
  • Court United States Bankruptcy Court, Southern District of New York
  • Debtor names Asbestos Corporation Ltd.
  • Order date 16 July 2026
  • Statutory basis Chapter 15
PDF · Subscribers
2026-07-10 Notice of Communication of an Expert Report 1PDF · Subscribers
2026-06-25 Eighth Status Report
  • Operational summary The Foreign Representative's eighth status report summarizes Canadian Court judgments issued June 10, 11, and 19, 2026 following the May 2026 Hearings, including a judgment authorizing filing of a competing expert report on ACL's historical settlement values, a judgment rejecting unconditional disclosure of ACL's internal documents (conditioning access on a Restricted Use Undertaking), and a judgment granting the Asbestos Claims Adjudication Order application while rejecting most Canadian Opposing Parties' objections.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Eighth Status Report - June 25, 2026
PDF · Subscribers
2026-06-19 Judgment on Asbestos Claim Review and Adjudication Order (in French)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Judgment Issuing Asbestos Claims Review and Adjudication Order (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Case Management Minutes - Expert Report Deadline and July Hearing Dates (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Procès-verbal - Gestion - Échéancier contre-expertise et auditions fixées aux 28-30 juillet
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Jugement rectifié rejetant la demande de divulgation sans condition des documents internes d'ACLPDF · Subscribers
Rectified Judgment Dismissing Motion for Unconditional Disclosure of Internal Documents (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2026-06-11 Judgment on a motion for disclosure of internal documents of the debtor (in French)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2026-06-10 Judgment (in French)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Judgment Reserving Claims Review Order Pending Opponents' Expert Report (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2026-06-09 Seventh Status Report
  • Commencement date 6 May 2025
  • Court Superior Court of Québec, Commercial Division, District of Frontenac
  • Court file no 235-11-000008-259
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Hearing Minutes Day 4 - Debate on Draft Claims Review Order (Certified Translation)PDF · Subscribers
Procès-verbal - Ordonnance de traitement des réclamations amiante (jour 4) - Projet d'ordonnance
  • Counsel Blakes, Cassels & Graydon s.e.n.c.r.l.
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Hearing Minutes Day 3 - Plancich Testimony and Closing Arguments (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Procès-verbal - Ordonnance de traitement des réclamations amiante (jour 3) - Témoignage Plancich
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
235-11-000008-259_2026-05-12_Adjudication_JGPDF · Subscribers
Order Extending Stay to Sept 25, 2026 and Approving Second Amendment to Interim Facility
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2026-05-10 - Application to Dismiss Expert Report (Cyganowski Report)PDF · Subscribers
Demande des victimes de l'amiante en rejet du rapport d'expertise PlancichPDF · Subscribers
2026-05-04 Service List
  • Counsel Fasken Martineau Dumoulin LLP
PDF · Subscribers
Fifth Report of the Monitor - May 4, 2026PDF · Subscribers
ACL - List of Known Claimants as of April 20 2026 (Existing Asbestos Claims)PDF · Subscribers
2026-03-17 Application of the Asbestos Claimants & ExhibitsPDF · Subscribers
Instruction Letter to Claimants - Non-Asbestos and D&O ClaimsPDF · Subscribers
ACL_List of Known Claimaints (Existing Asbestos Claims)PDF · Subscribers
ACL_List of Known Claimaints (Non-Asbestos Claims)PDF · Subscribers
Notice to claimantsPDF · Subscribers
Order Denying Motion to Amend Recognition OrderPDF · Subscribers
2026-01-12 Sixth Status Report
  • Operational summary Since its Third Report, the Monitor has taken the following actions (claim process development, communications with Opposition Parties, insurance policy review, and related CCAA/Chapter 15 proceeding activities).
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Asbestos Claims Bar Date Order with Proof of Claim Form and Notices to ClaimantsPDF · Subscribers
Confidentiality Undertaking - Claimant Form (Data Room)PDF · Subscribers
Confidentiality Undertaking - Law Firm Form (Data Room)PDF · Subscribers
Historical Sales Summary - US 1955-1985 and Canada 1960-1980PDF · Subscribers
Rectified Asbestos Claims Bar Date Order with Proof of Claim Form and Notices to ClaimantsPDF · Subscribers
2025-12-12 Order Extending Stay Period
  • Presiding officer Judge Jean-François
  • Stay extended to 30 April 2026
PDF · Subscribers
2025-12-12 Order establishing a Bar Date for Non-Asbestos Claims
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Avis aux réclamants, lettre d'instructions et formulaire de réclamation amiantePDF · Subscribers
Procès-verbal - Dates limites des réclamations, prolongation et financement intérimaire à 45 M$
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-12-05 Application to the CourtPDF · Subscribers
2025-12-05 Fourth Monitor's Report
  • Operational summary Since the Third Report, the Monitor has continued supervising the Debtor's business, operations and financial situation on a weekly basis, undertaken claims-process related actions (including retaining NERA's Dr. Plancich, developing an online claims submission platform, and preparing the Claims Bar Date Orders), communicated with the Opposition Parties regarding the claims process and Interim Financing, reviewed the Debtor's historical sales and insurance policies, assisted management with updated cash flow projections and tax analyses, and participated in CCAA and Chapter 15 proceedings including the Recognition Hearing and Leave to Appeal.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
US Chapter 15 Opinion Recognizing CCAA as Foreign Main Proceeding and Extending StayPDF · Subscribers
Restructuring Process and Existing Asbestos Claims Procedure FAQPDF · Subscribers
2025-10-06 Fifth Status Report
  • Operational summary The Foreign Representative reports that the Court of Appeal of Québec denied the Asbestos Parties' Motion for Leave to Appeal the Canadian Court's July 30, 2025 Judgment maintaining the Amended and Restated Initial Order and rejecting the challenge to the stay of proceedings in favor of CLMI.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Court of Appeal Judgment Denying Leave to Appeal Stay Extension (Certified Translation)PDF · Subscribers
Jugement de la Cour d'appel rejetant la permission d'appeler de la suspension visant les assureursPDF · Subscribers
2025-09-09 ACL - Fourth Status Report
  • Operational summary Since the Second Report, the Monitor continued to supervise the business, operations and financial situation of the Debtor on a weekly basis and obtained all the necessary collaboration from the Debtor's management.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 3 more extracted facts
PDF · Subscribers
2025-09-05 Notice of AdjournmentPDF · Subscribers
2025-09-04 Second Amended and Restated Initial Order
  • Counsel Dentons Canada LLP
  • Order date 4 September 2025
  • Presiding officer Justice Elif Oral
  • Stay expiry 15 December 2025
PDF · Subscribers
2025-09-04 Transactions Approval Order
  • Counsel Dentons Canada LLP
  • Court Superior Court (Commercial Division), District of Frontenac, Quebec
  • Debtor names Asbestos Corporation Limited
  • Monitor Raymond Chabot Inc.
  • + 6 more extracted facts
PDF · Subscribers
Procès-verbal - Demande de 2e ordonnance initiale modifiée et reformulée (prolongation)PDF · Subscribers
2025-09-03 Third Monitor Report
  • Operational summary Since the Second Report, the Monitor continued to supervise the business, operations and financial situation of the Debtor on a weekly basis and obtained all the necessary collaboration from the Debtor’s management.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Third Status Report - August 29, 2025PDF · Subscribers
Procès-verbal - Gestion - Transfert du dossier à la juge Oral et audition fixée au 4 septembre
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-08-11 ACL - Second Status Report (with attachments)
  • Operational summary The Monitor's activities included review of insurance policies, analysis of internal records including sales and claim data, meetings with counsel, site visits, development of a claims resolution term sheet, and development of claims process support materials.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Jugement maintenant la suspension des procédures en faveur des assureurs CLMI, GDC et Resolute
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Superior Court Judgment Extending Stay of Proceedings to CLMI Insurers (Certified Translation)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-07-23-ACL-Avis-aux-reclamants-en-anglaisPDF · Subscribers
Asbestos Claimants' Written Objection to Claims Adjudication Order (Davies)PDF · Subscribers
Order Appointing LTL Advisory (Leslie T. Lederer) as Chief Restructuring Officer
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Procès-verbal - Opposition Forman (jour 2) - Nomination du CRO et plaidoiries
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Procès-verbal - Opposition Forman à la suspension (jour 1) - Témoignages Gagnon et Ryan
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
Supplemental Report to the Second Report of the Monitor - June 16, 2025PDF · Subscribers
2025-06-13 ACL - Application for the Appointment of a CROPDF · Subscribers
2025-06-13 Second Report of the Monitor (with Schedule G)
  • Operational summary Since the First Report, the Monitor continued to supervise the business, operations and financial situation of the Debtor and obtained all the necessary collaboration from the Debtor’s management.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Procès-verbal - Gestion - Interrogatoire du syndic Forman au New Jersey autorisé
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-05-15 ACL - Amended and Restated Initial Order
  • Order date 15 May 2025
  • Presiding officer Justice Jean-François Émond
  • Stay expiry 5 September 2025
PDF · Subscribers
Procès-verbal - Prolongation de la suspension et demandes de documents des opposants
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-05-14 ACL - First Monitor Report
  • Operational summary The Monitor visited the place of business and discussed operations with management.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
First Report of the Monitor - May 14, 2025PDF · Subscribers
Liste des créanciersPDF · Subscribers
2025-05-07 ACL - Scheduling Order (Entered)
  • Court United States Bankruptcy Court, Southern District of New York
  • Debtor names Asbestos Corporation Limited
  • Head office 840 Boul. Ouellet, Thetford Mines, QC G6G 7A5, Canada
  • Monitor Raymond Chabot Inc.
  • + 3 more extracted facts
PDF · Subscribers
Avis d'ordonnance initiale aux créanciersPDF · Subscribers
Rectified Initial CCAA Order (renumbered paragraphs, sealing of ISA and Schedule B)
  • Presiding officer Justice Jean-François Émond
PDF · Subscribers
2025-05-06 ACL - Amended Initial ApplicationPDF · Subscribers
2025-05-06 ACL - Initial Order
  • Applicant Certain Underwriters at Lloyd's, London, Tenecom Limited, The Ocean Marine Insurance Company Limited, NRG Victory Reinsurance Limited and The Scottish Lion Insurance Company Limited ("CLMI")
  • Appointee RAYMOND CHABOT INC.
  • Appointee role Proposed Monitor
  • Commencement date 6 May 2025
  • + 4 more extracted facts
PDF · Subscribers
2025-05-06 ACL - Minutes of the hearing (in French)PDF · Subscribers
DKt. 8 - TRO Order [file stamped]
  • Court United States Bankruptcy Court, Southern District of New York
  • Debtor names Asbestos Corporation Limited
  • Head office 840 Boul. Ouellet, Thetford Mines, QC G6G 7A5, Canada
  • Monitor Raymond Chabot Inc.
  • + 2 more extracted facts
PDF · Subscribers
Dkt. 1 - Form of Voluntary Petition (Form 401) [File Stamped]PDF · Subscribers
Dkt. 3 - Tardif Declaration [File Stamped]
PDF · Subscribers
Dkt. 4 - Motion for Recognition [File Stamped]PDF · Subscribers
Dkt. 5 - TRO Motion [File Stamped]PDF · Subscribers
Dkt. 6 - Scheduling Motion (with exhibits) [File Stamped]PDF · Subscribers
Monitor's Claims Bar Date Certificate - Sept 10, 2026 DeadlinePDF · Subscribers
2025-05-05 ACL - Initial Application
PDF · Subscribers
2025-05-05 ACL - Report of the Proposed Monitor
PDF · Subscribers
Dkt. 2 - Chaaban Declaration (with exhibits) [File Stamped]
PDF · Subscribers
First Status Report - May 5, 2025PDF · Subscribers
Schedule B Beerman judgment
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
PDF · Subscribers
Schedule A US Procedures ACL
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
PDF · Subscribers
ACL - Asbestos Proof of Claim Form (Fillable Version)PDF · Subscribers
Application for Asbestos and Non-Asbestos Claims Adjudication OrdersPDF · Subscribers
Application for Second ARIO - Transaction Approval for Thetford Mines LandsPDF · Subscribers
Application for the Issuance of a Confidentiality Order with respect to the Asbestos Claims ProcedurePDF · Subscribers
Application to Extend Stay to 2027-02-26 and Increase Interim Facility to USD 75MPDF · Subscribers
Asbestos Claimants' Motion to Extend Bar Date, Compel ACL DiscoveryPDF · Subscribers
Instruction Letter to Claimants - Existing Asbestos ClaimsPDF · Subscribers
Proof of Claim Form (Existing Asbestos Claims)PDF · Subscribers
Proof of Claim Form - Non-Asbestos ClaimsPDF · Subscribers
Schedule C Kotzerke proceedings
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
PDF · Subscribers
Schedule D Actions against counsel
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
PDF · Subscribers
Schedule-A-Summary-of-Legal-Proceedings-Against-ACLPDF · Subscribers
Written Contestation of Initial Order - NSI Trustee and Asbestos Claimants (Davies)PDF · Subscribers

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CiteProceedings., “Asbestos Corporation Limited (TSXV:AB.H)” (CCAA), Superior Court of Québec · Commercial Division. Retrieved 4 November 2026, https://proceedings.ca/case/asbestos-corporation-limited-tsxv-ab-h

Sources last checked · summary updated 6 August 2026 · Report a correction · Printed from proceedings.ca/case/asbestos-corporation-limited-tsxv-ab-h

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.