#Report
Certificate of Appointment for the Bankruptcy of 058545 N.B. Inc. (formerly Envirem Technologies Inc.) — Court officer certificate
Atcon Group of Companies [CCAA Monitor]
FollowActive
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- N/M/17/10
Filings held61
Last activity29 Apr 2010
On the record6,019 days
Secured debt$99.2M
OverviewSummary updated
Atcon Group of Companies obtained protection under the Companies' Creditors Arrangement Act by an initial order of the Court of King's Bench of New Brunswick, on the application of The Bank of Nova Scotia, with Ernst & Young Inc. appointed monitor and receiver (court files N/M/16/10 and N/M/17/10). A preliminary, unaudited list of creditors across the group — Atcon Construction Inc., Atcon Industrial Services Inc., Envirem Technologies Inc., Atcon Management Services Inc., Dycon Construction Ltd., Atcon Civil Ltd. and Atcon Structures Inc. — totalled $150,288,364.42. The Bank of Nova Scotia's claim was recorded at $99,221,660.51. Other claims included $6,780,832.59 to Ledwell Labour Limited and $3,059,700.00 to the Department of Business New Brunswick. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates61 dated entries
#Report
Certificate of Appointment for the Bankruptcy of Atcon Management Services Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Structures Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Veneer Products Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Dycon Construction Ltd — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Logistics Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Construction Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Holdings Inc — Court officer certificate
#Report
Certificate of Appointment for the Bankruptcy of Atcon Property Holdings Inc — Court officer certificate
#Report
The officer filed report no. Fifth Report of the Monitor. Envirem continues to operate as a going concern while the Monitor works to complete the sale transaction with the Purchaser, preserving jobs for approximately 28 original employees plus 24 additional hires since March 1, 2010.
Source: Fifth Monitor's Report
#Order
The court appointed Ernst & Young Inc. as receiver and receiver manager, on the application of THE BANK OF NOVA SCOTIA. Court file N/M/17/10.
Source: Receivership Order for Atcon Construction Inc. et. al
#Sale
The court granted an approval and vesting order for the sale to Envirem Organics Inc.
Source: CCAA Approval and Vesting Order
#Report
The officer filed report no. Second Report. The report addresses the proposed sale of Envirem's shares/assets, confirming shareholder ownership of the two purchasing numbered companies, the exclusion of the Belledune Rock Quarry and certain CAT-financed equipment from the sale, and arrangements for continued third-party access and equipment use.
Source: Second Monitor's Report
#Report
The officer filed report no. First Report of the Monitor. The Companies are attempting to continue as going concerns during the CCAA proceedings: Atcon Construction continues to perform under the Albian and Pennecon contracts, Atcon Industrial is ceasing operations and winding down, and Envirem is proceeding toward a sale of its business while continuing limited operations.
Source: 01. First Monitor's Report
#Order
Companies Motion to Replace the Monitor and Staying Execution of the Receivership Order — Receivership order
#Order
The Court of King's Bench of New Brunswick granted the initial order under the Companies' Creditors Arrangement Act on 1 March 2010, with Ernst & Young Inc. as monitor.
Source: Initial Order
Parties
Debtor
Atcon Group of Companies [CCAA Monitor]
Monitor
EY
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Bank of Nova Scotia · in 110 casesSame balance listed identically across multiple Atcon entities (Atcon Industrial Services Inc., Envirem Technologies Inc., Atcon Management Services Inc., Dycon Construction Ltd., Atcon Civil Ltd.) apparently reflecting cross-guaranteed/consolidated group debt; listed in the creditor listing without security description stated on these pages — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $99.2M | Preliminary List of Creditors |
| 4 | Secured | The Bank of Nova Scotia · in 110 casesAmount differs by $60.00 from other entity listings for the same creditor; classification as secured is inferred from typical Bank of Nova Scotia facility role but security is not described on these pages — debtor: Atcon Structures Inc. · as of 1 Mar 2010 | $99.2M | Preliminary List of Creditors |
| 8 | Unsecured | The Bank of Nova Scotia · in 110 casesListed as unsecured on this creditor listing; may hold security not disclosed on these pages — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $99.2M | Preliminary List of Creditors |
| 8 | Unsecured | Caterpillar Financial Services · in 3 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $7.13M | Preliminary List of Creditors |
| 8 | Unsecured | Ledwell Labour Limitedrelated party (related Atcon group entity) — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $6.78M | Preliminary List of Creditors |
| 8 | Unsecured | Department of Business New BrunswickSeparate line item from the other Department of Business New Brunswick balance listed for the same entity — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $3.06M | Preliminary List of Creditors |
| 8 | Unsecured | GE Canada Equipment Financing · in 4 casesdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $2.62M | Preliminary List of Creditors |
| 8 | Unsecured | GE Canada Equipment Financing · in 4 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $1.71M | Preliminary List of Creditors |
| 8 | Unsecured | Canada Revenue Agency (Corporate Tax) · in 926 casesregulatory/tax indebtedness - deemed trust class — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $1.19M | Preliminary List of Creditors |
| 8 | Unsecured | Westwood Electric Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $1.02M | Preliminary List of Creditors |
| 8 | Unsecured | ICE Manufacturing Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $1.02M | Preliminary List of Creditors |
| 8 | Unsecured | Inland · in 2 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $914K | Preliminary List of Creditors |
| 8 | Unsecured | Nutritec Inc.debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $900K | Preliminary List of Creditors |
| 8 | Unsecured | Atlantic Canada Opportunities Agency (ACOA) · in 20 casesregulatory/government agency claim — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $711K | Preliminary List of Creditors |
| 8 | Unsecured | Royal Bank of Canada · in 556 casesListed as unsecured on this creditor listing; may hold security not disclosed on these pages — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $666K | Preliminary List of Creditors |
| 8 | Unsecured | PTI Premium Campdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $644K | Preliminary List of Creditors |
| 8 | Unsecured | Glenridge Equipment Corpdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $627K | Preliminary List of Creditors |
| 8 | Unsecured | Tracer Field Servicesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $601K | Preliminary List of Creditors |
| 8 | Unsecured | Claymont Steeldebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $589K USD | Preliminary List of Creditors |
| 8 | Unsecured | MSM Construction Servicedebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $588K | Preliminary List of Creditors |
| 8 | Unsecured | Rowe's Constructiondebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $544K | Preliminary List of Creditors |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesDeemed trust class (CRA indebtedness) — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $535K | Preliminary List of Creditors |
| 8 | Unsecured | United Rentals of Canada · in 5 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $532K | Preliminary List of Creditors |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesDeemed trust class (CRA indebtedness) — debtor: Atcon Civil Ltd. · as of 1 Mar 2010 | $423K | Preliminary List of Creditors |
| 8 | Unsecured | PACCAR Financial Services Ltd. · in 3 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $373K | Preliminary List of Creditors |
| 8 | Unsecured | ABNdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $357K | Preliminary List of Creditors |
| 8 | Unsecured | Alberta Fuel Distrib.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $337K | Preliminary List of Creditors |
| 8 | Unsecured | Deer Lake Rebardebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $334K | Preliminary List of Creditors |
| 8 | Unsecured | Atlantic Tractors & Equipment · in 2 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $325K | Preliminary List of Creditors |
| 8 | Unsecured | Key Equipment Finance Canada Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $321K | Preliminary List of Creditors |
| 8 | Unsecured | Jacques Whitforddebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $311K | Preliminary List of Creditors |
| 8 | Unsecured | AMEC Earthdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $283K | Preliminary List of Creditors |
| 8 | Unsecured | Atcon Holdings Inc.related party (parent/related Atcon group entity) — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $279K | Preliminary List of Creditors |
| 8 | Unsecured | Atlantic Tractors & Equipment · in 2 casesdebtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $252K | Preliminary List of Creditors |
| 8 | Unsecured | Introflex Packaging Inc.debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $249K | Preliminary List of Creditors |
| 8 | Unsecured | Maritime Steel & Foundries Limiteddebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $238K | Preliminary List of Creditors |
| 8 | Unsecured | Imperial Oil · in 29 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $231K | Preliminary List of Creditors |
| 8 | Unsecured | Komatsu International (Canada) Inc. · in 11 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $228K | Preliminary List of Creditors |
| 8 | Unsecured | SGS Canada Inc. · in 14 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $211K | Preliminary List of Creditors |
| 8 | Unsecured | GMAC · in 4 casestwo separate GMAC entries in listing (202,939.25 and 15,937.88), reported as stated — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $203K | Preliminary List of Creditors |
| 8 | Unsecured | Department of Business New Brunswickgovernment agency claim — debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $200K | Preliminary List of Creditors |
| 8 | Unsecured | J&S Sheet Metal Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $200K | Preliminary List of Creditors |
| 8 | Unsecured | Hatch Ltd. · in 2 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $198K | Preliminary List of Creditors |
| 8 | Unsecured | Atcon Industrial Services Inc. (owed by Atcon Construction Inc.)related party - owed to Atcon Holdings Inc. — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $196K | Preliminary List of Creditors |
| 8 | Unsecured | ADD Capital Corp. · in 18 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $195K | Preliminary List of Creditors |
| 8 | Unsecured | McInnes Cooper · in 7 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $191K | Preliminary List of Creditors |
| 8 | Unsecured | Ray's Paving Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $185K | Preliminary List of Creditors |
| 8 | Unsecured | Noralta Lodgedebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $181K | Preliminary List of Creditors |
| 8 | Unsecured | National Leasing Group Inc. · in 52 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $180K | Preliminary List of Creditors |
| 8 | Unsecured | Gunter HoeksmaIndividual creditor; role/relationship not stated on these pages — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $180K | Preliminary List of Creditors |
| 8 | Unsecured | ModSpace · in 5 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $179K | Preliminary List of Creditors |
| 8 | Unsecured | Scotia Sheet Metals Inc.debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $177K | Preliminary List of Creditors |
| 8 | Unsecured | Spruceland Lumber · in 2 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $154K | Preliminary List of Creditors |
| 8 | Unsecured | Northern Crane Servicedebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $150K | Preliminary List of Creditors |
| 8 | Unsecured | Son Creek Internationaldebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $148K | Preliminary List of Creditors |
| 8 | Unsecured | Department of Business New Brunswickdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $143K | Preliminary List of Creditors |
| 8 | Unsecured | North American Construction Zonedebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $142K | Preliminary List of Creditors |
| 8 | Unsecured | Frontier Fence & Guard Rail Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $142K | Preliminary List of Creditors |
| 8 | Unsecured | New Concrete Productsdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $130K | Preliminary List of Creditors |
| 8 | Unsecured | Caribou Energy Park Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $126K | Preliminary List of Creditors |
| 8 | Unsecured | Blackstone Corporationdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $123K | Preliminary List of Creditors |
| 8 | Unsecured | Emeco Canadadebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $121K | Preliminary List of Creditors |
| 8 | Unsecured | Precision Flamecutting & SteelUS address (Dallas, TX); currency inferred, not explicitly labelled — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $119K USD | Preliminary List of Creditors |
| 8 | Unsecured | Fastenal Canada · in 28 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $118K | Preliminary List of Creditors |
| 8 | Unsecured | Dyno Nobeldebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $114K | Preliminary List of Creditors |
| 8 | Unsecured | Harris and Roome Supply · in 2 casesdebtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $114K | Preliminary List of Creditors |
| 8 | Unsecured | Place-Crete Systems Inc.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $110K | Preliminary List of Creditors |
| 8 | Unsecured | NBEPCdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $109K | Preliminary List of Creditors |
| 8 | Unsecured | Eveready Industrialdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $107K | Preliminary List of Creditors |
| 8 | Unsecured | Motion Canada · in 25 casesdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $103K | Preliminary List of Creditors |
| 8 | Unsecured | CML Northern Blower Inc.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $103K | Preliminary List of Creditors |
| 8 | Unsecured | The Gisborne Groupdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $102K | Preliminary List of Creditors |
| 8 | Unsecured | Eastern Canada Stevedoring Incdebtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $101K | Preliminary List of Creditors |
| 8 | Unsecured | Erscon Canada Incdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $100K | Preliminary List of Creditors |
| 8 | Unsecured | AIG Commercial Equipment Finance, Inc.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $100K USD | Preliminary List of Creditors |
| 8 | Unsecured | Premay Equipment LPdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $96K | Preliminary List of Creditors |
| 8 | Unsecured | Gowling Lafleur Hendersondebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $95.8K | Preliminary List of Creditors |
| 8 | Unsecured | Becker UnderwoodUS address (Ames, IA); currency inferred, not explicitly labelled — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $93.1K USD | Preliminary List of Creditors |
| 8 | Unsecured | National Car (AB)debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $89.9K | Preliminary List of Creditors |
| 8 | Unsecured | Olympic Metals Ltd.debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $89.5K | Preliminary List of Creditors |
| 8 | Unsecured | M.P.D Auto Salesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $89.2K | Preliminary List of Creditors |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) - Atcon Industrial Services Inc. CRA · in 532 casesCanada Revenue Agency, deemed trust class - no further breakdown given for this entity — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $86.4K | Preliminary List of Creditors |
| 8 | Unsecured | Valard Construction Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $83.6K | Preliminary List of Creditors |
| 8 | Unsecured | Caterpillar Financial Services (Atcon Industrial Services Inc.) · in 3 casesdistinct from Atcon Construction Inc. Caterpillar Financial Services balance — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $83.3K | Preliminary List of Creditors |
| 8 | Unsecured | Aluma Systemsdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $82.9K | Preliminary List of Creditors |
| 8 | Unsecured | Grant Thornton · in 9 casesdebtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $81.9K | Preliminary List of Creditors |
| 8 | Unsecured | MMM Group Limited · in 3 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $80.8K | Preliminary List of Creditors |
| 8 | Unsecured | Muskeg Distributors LPdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $80.6K | Preliminary List of Creditors |
| 8 | Unsecured | SODEXHOdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $80.2K | Preliminary List of Creditors |
| 8 | Unsecured | Alter Monetadebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $75.8K | Preliminary List of Creditors |
| 8 | Unsecured | Cansel · in 8 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $69.5K | Preliminary List of Creditors |
| 8 | Unsecured | Revolution Strategydebtor: Atcon Management Services Inc. · as of 1 Mar 2010 | $66.1K | Preliminary List of Creditors |
| 8 | Unsecured | Provincial Striping Co.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $64.7K | Preliminary List of Creditors |
| 8 | Unsecured | ZJ Solutions Ltd.debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $63.6K | Preliminary List of Creditors |
| 8 | Unsecured | Wildwood Transport Inc.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $63.6K | Preliminary List of Creditors |
| 8 | Unsecured | Northern Industrial Insulation Contractors Inc.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $62.9K | Preliminary List of Creditors |
| 8 | Unsecured | Sorge's Welding Ltd.debtor: Atcon Construction Inc. · as of 1 Mar 2010 | $61.7K | Preliminary List of Creditors |
| 8 | Unsecured | Birch Mountain Enterprisedebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $61K | Preliminary List of Creditors |
| 8 | Unsecured | Cropac Equipment Inc. · in 6 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $60.5K | Preliminary List of Creditors |
| 8 | Unsecured | McInnes Cooper · in 7 casesdebtor: Atcon Management Services Inc. · as of 1 Mar 2010 | $60K | Preliminary List of Creditors |
| 8 | Unsecured | WORKSAFENB · in 2 casesRegulatory workers' compensation body — debtor: Atcon Management Services Inc. · as of 1 Mar 2010 | $56.4K | Preliminary List of Creditors |
| 8 | Unsecured | Amcan Jumax Inc. · in 2 casesdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $56K | Preliminary List of Creditors |
| 8 | Unsecured | Tridon Communications · in 4 casesdebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $53.7K | Preliminary List of Creditors |
| 8 | Unsecured | Sunny Corner Enterprisesdebtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | $53.3K | Preliminary List of Creditors |
| 8 | Unsecured | Bassett Petroleum Distributers Ltddebtor: Atcon Construction Inc. · as of 1 Mar 2010 | $53K | Preliminary List of Creditors |
| 8 | Unsecured | Bristol Groupdebtor: Atcon Management Services Inc. · as of 1 Mar 2010 | $44K | Preliminary List of Creditors |
| 8 | Unsecured | Alberta Ironworkers Apprenticeship & Training Funddebtor: Dycon Construction Ltd. · as of 1 Mar 2010 | $41.5K | Preliminary List of Creditors |
| 8 | Unsecured | Edmonton Pipe Industrydebtor: Dycon Construction Ltd. · as of 1 Mar 2010 | $38.8K | Preliminary List of Creditors |
| 8 | Unsecured | Rockwood PigmentsUS address (Chicago, IL); currency inferred, not explicitly labelled — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $34.7K USD | Preliminary List of Creditors |
| 8 | Unsecured | Kelly, Remmel, & ZimmermanUS address (Portland, ME); currency inferred, not explicitly labelled — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $31.9K USD | Preliminary List of Creditors |
| 8 | Unsecured | Sure-Gro Inc.debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $25.6K | Preliminary List of Creditors |
| 8 | Unsecured | Atcon Holdings Inc.Related party (affiliated Atcon entity) — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | $22.8K | Preliminary List of Creditors |
| 8 | Unsecured | Unsecured creditors (numerous other individually named creditors, Dycon Construction Ltd.) · in 532 casesAdditional individually named creditors listed on page 16 with balances generally below $50,000 each; not separately itemized here for brevity but present in the source document — debtor: Dycon Construction Ltd. · as of 1 Mar 2010 | — | Preliminary List of Creditors |
| 8 | Unsecured | Unsecured creditors (numerous other individually named trade creditors, Atcon Industrial Services Inc.) · in 532 casesNumerous additional individually named trade creditors listed on pages 9-12 with balances generally below $50,000 each; not separately itemized here for brevity but present in the source document — debtor: Atcon Industrial Services Inc. · as of 1 Mar 2010 | — | Preliminary List of Creditors |
| 8 | Unsecured | Unsecured creditors (numerous other individually named trade creditors, Envirem Technologies Inc.) · in 532 casesNumerous additional individually named trade creditors listed on pages 12-15 with balances generally below $50,000 each; not separately itemized here for brevity but present in the source document — debtor: Envirem Technologies Inc. · as of 1 Mar 2010 | — | Preliminary List of Creditors |
| 8 | Unsecured | Unsecured creditors (numerous other individually named trade creditors, Atcon Management Services Inc.) · in 532 casesNumerous additional individually named trade creditors listed on pages 15-16 with balances generally below $50,000 each; not separately itemized here for brevity but present in the source document — debtor: Atcon Management Services Inc. · as of 1 Mar 2010 | — | Preliminary List of Creditors |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Sale processAs stated in the filings
3 transactions · 1 proposed · 1 approved · 1 not completed — Transaction approved but not yet closed; Monitor recommends extension of stay to permit closingFifth Monitor's Report · 22 Apr 2010
| Purchaser | Price | Status | Source |
|---|---|---|---|
| purchaser under the Envirem Sale Agreement, unnamed in this reportcertain assets are being purchased by the purchasers, and certain assets are excluded from the scope of the Transaction · asset sale · agreement 10 Mar 2010 | Sealed | Proposed | Second Monitor's Report |
| Envirem Organics Inc.Holdings' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 10 Mar 2010 | not stated | Approved22 Mar 2010 | CCAA Approval and Vesting Order |
| purchasers listed in the LOI, unnamed in this reportcertain assets of Envirem, as well as other assets of entities affiliated with the Companies, on a going concern basis · asset sale · agreement 10 Mar 2010 | Sealed | Not completeddate not stated | Fifth Monitor's Report |
Estate financialsReported figures — never derived
Total liabilities at filing$150M
As at 1 Mar 2010 · per Preliminary/unaudited list of creditors as prepared from the records of the Debtor Companies, without admission as to liability · Combined/consolidated across legal entities: Atcon Industrial Services Inc., Envirem Technologies Inc., Atcon Management Services Inc., Dycon Construction Ltd., Atcon Civil Ltd., Atcon Structures Inc. — Grand Total figure stated on page 16; appears to reflect the sum of the creditor listing, which includes repeated (potentially duplicated) Bank of Nova Scotia balances across multiple affiliated entities
Cumulative disbursements
$1.1M
As at 12 Mar 201001. First Monitor's Report
Professional fees to date
$232K
As at 12 Mar 201001. First Monitor's Report
Documents
61 filings
| Date | Document | File |
|---|---|---|
| Certificate of Appointment for the Bankruptcy of 058545 N.B. Inc. (formerly Envirem Technologies Inc.) | ||
| Certificate of Appointment for the Bankruptcy of Atcon Civil Ltd | ||
| Certificate of Appointment for the Bankruptcy of Atcon Management Services Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Structures Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Veneer Products Inc | ||
| Certificate of Appointment for the Bankruptcy of Dycon Construction Ltd | ||
| Certificate of Appointment for the Bankruptcy of Atcon Logistics Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Construction Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Group Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Holdings Inc | ||
| Certificate of Appointment for the Bankruptcy of Atcon Property Holdings Inc | ||
| Envirem Extension Order | ||
Fifth Monitor's Report
| ||
| Envirem Order | ||
| Modification to the Atcon Construction Inc. et al. Receivership Order | ||
| Modification to Initial CCAA Order | ||
Receivership Order for Atcon Construction Inc. et. al
| ||
| Receivership Order for Atcon Industrial Services Inc | ||
| Affidavit of Rocco Fabiano | ||
| Bank of Nova Scotia's Notice of Motion | ||
| Companies' Notice of Motion | ||
| Service List | ||
CCAA Approval and Vesting Order
| ||
| Equipment Order | ||
Receivership Approval and Vesting Order
| ||
| Affidavit of Robert Tozer | ||
Second Monitor's Report
| ||
| Court Order | ||
| Release of Trust Funds Order | ||
| 02. First Monitor's Report - Second Supplement | ||
| Rocco Fabiano - Supplementary Affidavit | ||
01. First Monitor's Report
| ||
Companies Motion to Replace the Monitor and Staying Execution of the Receivership Order
| ||
| Notice of Motion | ||
| Brief of the Monitor | ||
| Letter to Service List | ||
| Written Submissions of the Monitor | ||
Endorsement of Justice Thomas W. Riordon
| ||
Initial Order
| ||
| Notice to Creditors | ||
Preliminary List of Creditors
| ||
| Exhibit A - Atcon Corporate Chart | ||
| Exhibit B - Description of Operations | ||
| Exhibit B - PPSA Summary of Search Results | ||
| Exhibit C - Credit Agreement | ||
| Exhibit D - Amended Credit Agreement | ||
| Exhibit E - Listing of Security | ||
| Exhibit F - Forbearance Extension Agreement | ||
| Exhibit H - PPSA Search Results | ||
| Exhibit K - Notice of Intention To Enforce Security | ||
| Exhibit N - Projected Cash Flow Analysis | ||
| Exhibit O - Operating Facility Term Sheet | ||
| Part 1 - Notice of Motion | ||
| Part 2 - Affidavit of Rocco Fabiano | ||
| Part 3 - Affidavit of Jane MacEachern | ||
| Report of the Proposed Monitor | ||
| Exhibit I - Real Property Holdings | ||
| Exhibit J - Demand Letters | ||
| Exhibit G - Unaudited Debt by Company as at | ||
| Exhibit M - Unaudited Financial Statements | ||
| Exhibit L - Auditor's Report and Financials | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Atcon Group of Companies [CCAA Monitor]” (CCAA), Court of King's Bench of New Brunswick. Retrieved 20 September 2026, https://proceedings.ca/case/atcon-group-of-companies-ccaa-monitor