Atlantic Sea Cucumber Ltd.
- Proceeding
- NOIsection 50.4(9) of the Bankruptcy and Insolvency Act
- File
- Hfx No. 45461
- Industry
- Manufacturing · Food & beverage manufacturing
Atlantic Sea Cucumber Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on April 17, 2026 in the Supreme Court of Nova Scotia in Bankruptcy and Insolvency under court file Hfx No. 45461. The court granted an interim order on the same date. The proceeding remains active. Nothing further has been recorded on this file: no claims process, no asset disposition and no subsequent hearing appears in the record to date.
Sale and Investment Solicitation Process Order dated October 2, 2025 — Sale process approval order
The officer filed a report. The company formerly operated a sea cucumber processing facility in Hackett's Cove and is now bankrupt; the Trustee seeks court approval of a sale and investment solicitation process for its assets, including the facility and licences.
Source: Fourth Report of the Trustee dated September 11, 2025
The officer filed a report. Atlantic Sea Cucumber Ltd., which formerly operated a sea cucumber processing facility, was deemed bankrupt on March 28, 2024 after its NOI proposal period expired; the trustee seeks court directions on the validity and enforceability of related-party lender AGAH's security, which a judgment creditor is challenging.
Notice of Motion for Emergency Relief Executed July 17, 2023 was filed. Court file 45461.
Source: Notice of Motion for Emergency Relief Executed July 17, 2023
The officer filed report no. Second Report. The Company continues operating its sea cucumber processing business with reduced production due to delayed sales orders, and seeks to convert the NOI proceedings to CCAA to run a stalking horse sale process on a going-concern basis.
Source: Second Report of the Trustee
Undated filings3 — no date appears on the document · show
Debtor
Atlantic Sea Cucumber Ltd.
Proposal trustee
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Rosinski | Supreme Court of Nova Scotia | 1 order, Jul 2023 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteemsi Spergel inc. | BoyneClarke LLP | 1 May 2023 | Application · 1 May 2023 |
| DebtorAtlantic Sea Cucumber Ltd. | Lawson Creamer · O'Keefe & Sullivan · Reconstruct LLP | 1 May 2023 | Application · 10 Apr 2026 |
| CreditorBankruptcy LAWSON CREAMER | BoyneClarke LLP | 8 Oct 2025 | Application · 8 Oct 2025 |
| CreditorWeihai Taiwei Halyang Aquatic Food Co | Cox & Palmer | 10 Apr 2026 | Application · 10 Apr 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesDeemed trust class - employee source deductions owing to CRA as of May 31, 2023. — debtor: Atlantic Sea Cucumber Ltd. · as of 31 May 2023 | $15.2K | Affidavit of Songwen Gao dated July 11, 2023 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
4 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansApproval pending — Trustee seeking Approval and Vesting Order for the Old Atlantic TransactionCourt Report of the Trustee dated April 8, 2026 · 8 Apr 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Old Atlantic Shore Natural Foods Ltd.Old Atlantic Shore Natural Foods Ltd. Agreement of Purchase and Sale Transaction · asset sale | not stated | Proposed | Court Report of the Trustee dated April 8, 2026 |
As at ·
Cumulative receipts
$285K
As at 11 Jul 2023Second Report of the Trustee
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Asset Vesting Order dated April 17, 2026
| PDF · Subscribers | |
Notice of Motion dated April 10, 2026
| PDF · Subscribers | |
Court Report of the Trustee dated April 8, 2026
| PDF · Subscribers | |
| Written Submission of the Trustee | PDF · Subscribers | |
| Bankruptcy Order dated January 9, 2026 | PDF · Subscribers | |
Notice of Motion dated October 8, 2025
| PDF · Subscribers | |
| Sale and Investment Solicitation Process Order dated October 2, 2025 | PDF · Subscribers | |
| Section 38 Order dated September 19, 2025 | PDF · Subscribers | |
| Brief re: Sale and Investment Solicitation Process | PDF · Subscribers | |
Fourth Report of the Trustee dated September 11, 2025
| PDF · Subscribers | |
| Notice of Motion dated September 11, 2025 | PDF · Subscribers | |
| Decision dated July 4, 2025 | PDF · Subscribers | |
| Written Reply of AGAH re: Provost Shoes and Parol Evidence | PDF · Subscribers | |
| AGAH Submissions re: Parole Evidence | PDF · Subscribers | |
| Supplemental Submissions and Authorities of WTH | PDF · Subscribers | |
Third Report of the Trustee dated November 7, 2024
| PDF · Subscribers | |
Notice of Motion dated November 6, 2024
| PDF · Subscribers | |
| Affidavit of Frank Zeng dated November 5, 2024 | PDF · Subscribers | |
| Affidavit of Rong Lu re AGAH | PDF · Subscribers | |
| Affidavit of Songwen Gao dated November 5, 2024 | PDF · Subscribers | |
| Signed Brief to Registrar dated June 25, 2024 | PDF · Subscribers | |
| Solicitors' Affidavit of Gavin MacDonald dated June 24, 2024 | PDF · Subscribers | |
| Brief of the Appellant Atlantic Sea Cucumbers Ltd. dated November 15, 2023 | PDF · Subscribers | |
| Motion for Directions Memorandum dated October 3, 2023 | PDF · Subscribers | |
| Decision dated July 21, 2023 | PDF · Subscribers | |
Decision of the Honourable Justice Rosinski
| PDF · Subscribers | |
| Notice of Appeal date July 19, 2023 | PDF · Subscribers | |
| Notice of Appeal date July 18, 2023 | PDF · Subscribers | |
Emergency Application Executed July 17, 2023
| PDF · Subscribers | |
Notice of Motion for Emergency Relief Executed July 17, 2023
| PDF · Subscribers | |
Affidavit of Songwen Gao dated July 11, 2023
| PDF · Subscribers | |
Second Report of the Trustee
| PDF · Subscribers | |
Stay Extension Order dated May 31, 2023
| PDF · Subscribers | |
First Report of the Trustee
| PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
| Debtor-In-Possession Financing Term Sheet | PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal filed May 1, 2023 | PDF · Subscribers | |
| Written Submissions of Atlantic Golden Age Holdings Inc. | PDF · Subscribers | |
| Book of Authorities | PDF · Subscribers | |
| Memorandum of Fact and Law | PDF · Subscribers | |
| Post-Hearing Book of Authorities | 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., “Atlantic Sea Cucumber Ltd.” (NOI), Supreme Court of Nova Scotia. Retrieved 5 November 2026, https://proceedings.ca/case/atlantic-sea-cucumber-ltd