Proceedings.

B+H Architects Corp.

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Ontario Superior Court of Justice · Commercial List
File
CL-25-00753537-0000
Filings held49
Last activity30 Jul 2026
On the record339 days
OverviewSummary updated

B+H Architects Corp., a Toronto-headquartered architecture and design firm operating under the B+H brand for over 70 years, has been under CCAA protection in the Ontario Superior Court of Justice (Commercial List), file CL-25-00753537-0000, since an initial order of October 17, 2025 that appointed KSV Restructuring Inc. as Monitor and approved $1,700,000 of DIP financing from Surbana Jurong Holdings (Canada) Ltd. A court-approved sale process ran to a December 5, 2025 bid deadline, and on January 2, 2026 the court granted a reverse vesting order implementing the transaction with Surbana Jurong Holdings (Canada) Ltd., with 1570499 B.C. Ltd. continuing as ResidualCo. A claims procedure approved February 10, 2026 set a March 30, 2026 claims bar date. In its Sixth Report of July 24, 2026, the Monitor recommended distributions to ResidualCo's unsecured creditors and a stay extension to January 15, 2027.

Claims processIf you are owed money

The claims bar date has passed — claims were due by

ContactKSV Restructuring Inc. · in its capacity as Court-appointed monitor of 1570499 B.C. Ltd. · ttrifunovic@ksvadvisory.com

Per the Claims Procedure Order dated February 10, 2026 dated 10 February 2026.

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Case updates51 dated entries
#Report

Sixth Report summarized the claims procedure results, set out proposed distributions and a distribution methodology for ResidualCo's unsecured creditors, and recommended a stay extension to January 15, 2027 and approval of the Monitor's and Cassels' fees.

Source: Sixth Report of the Monitor dated July 24, 2026

#Order

Commenced the CCAA proceeding, stayed proceedings to October 27, 2025 and appointed KSV Restructuring Inc. as Monitor; charges of $500,000 (administration), $460,000 (directors') and $1,700,000 (DIP) ranked first, second and third.

Source: CCAA Initial Order dated October 17, 2025

Parties

Debtor

B+H Architects Corp.

Monitor

KSV

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 2 named without a figure
#Priority classCreditorAmountSource
Court-ordered charges
1Court-ordered chargesDIP Lender's Charge — Third – DIP Lender's Charge (to the maximum amount of $1,700,000 plus interest and fees)$1.7MCCAA Initial Order dated October 17, 2025
1Court-ordered chargesInterim financing (DIP) charge$1.7MCCAA Initial Order dated October 17, 2025
1Court-ordered chargesAdministration Charge — First – Administration Charge (to the maximum amount of $500,000)$500KCCAA Initial Order dated October 17, 2025
1Court-ordered chargesDirectors' Charge — Second – Directors' Charge (to the maximum amount of $460,000)$460KCCAA Initial Order dated October 17, 2025
Pre-filing debt
4SecuredThe Toronto-Dominion Bank · in 111 casesPPSA registration (blanket all-property, type unspecified) — Listed on service list as 'PPSA Registrant'; no balance or registration details stated in these pages — debtor: B+H Architects Corp.—Motion Record of the Applicant re Comeback Hearing dated October 20, 2025
5PMSI / lessorsPPSA equipment financiers (PMSI class) · in 183 casesPPSA registrations (equipment/leasing financiers - CWB National Leasing Inc. and Vault Credit Corporation) — Both listed on service list as 'PPSA Registrant'; typical serialized-equipment/lease financiers aggregated per PMSI class; no balances stated — debtor: B+H Architects Corp.—Motion Record of the Applicant re Comeback Hearing dated October 20, 2025

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

Sale processAs stated in the filings

2 transactions · 1 proposed · 1 closed — The Transaction closed on January 30, 2026.Sixth Report of the Monitor dated July 24, 2026 · 24 Jul 2026

Parties solicited

93

Fourth Report of the Monitor dated February 3, 2026

NDAs signed

11

Fourth Report of the Monitor dated February 3, 2026

Letters of intent

1

Fourth Report of the Monitor dated February 3, 2026

Qualified bids

10

Fourth Report of the Monitor dated February 3, 2026

Bid deadline (round closed)

5 December 2025

Sale and Investment Solicitation Process

Phase 1 deadline

17 November 2025

Sale and Investment Solicitation Order dated October…

Stalking horse

Surbana Jurong Holdings (Canada) Ltd. · $2.47M

Sixth Report of the Monitor dated July 24, 2026

PurchaserPriceStatusSource
Surbana Jurong Holdings (Canada) Ltd.Stalking horseassets and contracts of the Company, excluding those listed in Schedule A · asset sale · agreement 16 Oct 2026not statedProposedoutside 31 Dec 2025Revised Schedules to Amended Investment…
Surbana Jurong Holdings (Canada) Ltd.Related partythe Subscribed Shares, and vesting in the Purchaser or as it may direct all of the right, title and interest of the Subscribed Shares · share subscription · ResidualCo: 1570499 B.C. Ltd. · agreement 16 Oct 2025$2.47Mincrease in the cash consideration of the purchase price to $2.47 millionClosed30 Jan 2026Sixth Report of the Monitor dated July 24, 2026
Closing termsDelivery of Monitor's Certificate upon satisfaction of closing conditions triggers vestingApproval and Reverse Vesting Order dated January 2, 2026
RecoveriesAs stated in the filings

Unsecured creditors: 8.5 %.EstimatedSixth Report of the Monitor · 24 Jul 2026

ClassCreditorClaimsRecoveryBasisSource
UnsecuredCreditors holding Accepted Claims—8.5 %Estimatedper the monitorSixth Report of the Monitor · 24 Jul 2026

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.

Fees and ratesAs stated in the filings

15 engagements · 4 firms — latest: AlixPartners Restructuring, Inc., 1 May – 30 Jun 2026, $9,798.25 in feesSixth Report of the Monitor · 24 Jul 2026

FirmPeriodHoursFeesRatesSource
AlixPartners Restructuring, Inc.Monitor1 May – 30 Jun 202616.25$9,798.25ex. tax$600 – $9503 peopleSixth Report of the Monitor · 24 Jul 2026
3 people — AlixPartners Restructuring, Inc., 1 May – 30 Jun 2026
NameTitleHoursRateFees
Noah GoldsteinManaging Director2$950$1,900.00
Jordan WongDirector4.75$675$3,206.25
Tony TrifunovicVice President6.5$600$3,900.00
Other Staff and administration—3$200 – $285$792.00
CasselsCounselfirm not named in the heading3 Oct – 30 Nov 2025—$342,394.25incl. tax$1,242.27stated averageThird Report of the Monitor · 24 Dec 2025
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 8 of 81 May – 30 Jun 202623.5$17,421.50ex. tax$525 – $1,1452 peopleSixth Report of the Monitor · 24 Jul 2026
2 people — Cassels Brock & Blackwell LLP, 1 May – 30 Jun 2026
NameYear of callHoursRateFees
Joseph J. Bellissimo20020.2$1,145$229.00
Joshua Gordon20250.3$525$157.50
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 7 of 87 Jan – 30 Apr 2026—$84,048.00$320 – $1,8805 peopleFifth Report of the Monitor · 22 May 2026
5 people — Cassels Brock & Blackwell LLP, 7 Jan – 30 Apr 2026
NameYear of callHoursRateFees
Ryan Jacobs201110.6$1,8802026$19,928.00
Michael Wunder19901.8$1,3752026$2,475.00
Joseph J. Bellissimo200238.4$1,1452026$43,968.00
Joshua Gordon202533$5252026$17,325.00
Shayla JoshiLaw Student1.1$3202026$352.00
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 6 of 8to 28 Feb 202651.4$42,442.00ex. tax$320 – $1,8805 peopleFifth Report of the Monitor · 22 May 2026
5 people — Cassels Brock & Blackwell LLP, to 28 Feb 2026
NameTitleHoursRateFees
Ryan JacobsPartner3.7$1,880$6,956.00
Michael WunderPartner1.1$1,375$1,512.50
Joseph J. BellissimoPartner15.7$1,145$17,976.50
Joshua GordonAssociate29.8$525$15,645.00
Shayla JoshiLaw Student1.1$320$352.00
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 5 of 87 Jan – 31 Jan 202622.7$29,240.00ex. tax$525 – $1,8804 peopleMotion Record · 22 May 2026
4 people — Cassels Brock & Blackwell LLP, 7 Jan – 31 Jan 2026
NameTitleHoursRateFees
Ryan JacobsPartner6.9$1,880$12,972.00
Michael WunderPartner0.7$1,375$962.50
Joseph J. BellissimoPartner11.9$1,145$13,625.50
Joshua GordonAssociate3.2$525$1,680.00
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 5 of 8to 31 Jan 202622.7$29,240.00ex. tax$525 – $1,8804 peopleFifth Report of the Monitor · 22 May 2026
4 people — Cassels Brock & Blackwell LLP, to 31 Jan 2026
NameTitleHoursRateFees
Ryan JacobsPartner6.9$1,880$12,972.00
Michael WunderPartner0.7$1,375$962.50
Joseph J. BellissimoPartner11.9$1,145$13,625.50
Joshua GordonAssociate3.2$525$1,680.00
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 2 of 81 Dec 2025 – 19 Jan 2026—$146,601.18incl. tax$1,151.60stated averageFourth Report of the Monitor · 3 Feb 2026
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 81 Dec 2025 – 15 Jan 2026—$146,601.18incl. tax$1,151.60stated averageMotion Record of the Monitor · 3 Feb 2026
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 8———$320 – $1,8805 peopleMotion Record · 22 May 2026
5 people — Cassels Brock & Blackwell LLP, —
NameYear of callHoursRateFees
Ryan Jacobs—10.6$1,880$19,928.00
Michael Wunder19901.8$1,375$2,475.00
Joseph J. Bellissimo200238.4$1,145$43,968.00
Joshua Gordon202533$525$17,325.00
Shayla JoshiLaw Student1.1$320$352.00
KSV Restructuring Inc.Monitorperiod 5 of 516 Jan – 30 Apr 2026102.4$64,927.50$600 – $9503 peopleFifth Report of the Monitor · 22 May 2026
3 people — KSV Restructuring Inc., 16 Jan – 30 Apr 2026
NameTitleHoursRateFees
Noah GoldsteinManaging Director7$950$6,650.00
Jordan WongDirector51.5$675$34,762.50
Tony TrifunovicManager35.75$600$21,450.00
Other Staff and administration—8.15$200 – $265$2,065.00
KSV Restructuring Inc.Monitorperiod 5 of 51 Feb – 30 Apr 2026—$29,525.00ex. tax$600 – $6752 peopleFifth Report of the Monitor · 22 May 2026
2 people — KSV Restructuring Inc., 1 Feb – 30 Apr 2026
NameTitleHoursRateFees
Jordan Wong—21.75$675$14,681.25
Tony Trifunovic—22.25$600$13,350.00
Other Staff and administration—5.9$200 – $265$1,493.75
KSV Restructuring Inc.Monitorperiod 3 of 516 Jan – 31 Jan 2026—$35,402.50ex. tax$600 – $9503 peopleFifth Report of the Monitor · 22 May 2026
3 people — KSV Restructuring Inc., 16 Jan – 31 Jan 2026
NameTitleHoursRateFees
Noah Goldstein—7$950$6,650.00
Jordan Wong—29.75$675$20,081.25
Tony Trifunovic—13.5$600$8,100.00
Other Staff and administration—2.25$175 – $240$571.25
KSV Restructuring Inc.Monitorperiod 1 of 517 Sep – 30 Nov 2025——$600.63stated averageThird Report of the Monitor · 24 Dec 2025
KSV Restructuring Inc.Monitorperiod 1 of 5———$600.63stated averageFourth Report of the Monitor · 3 Feb 2026

Top rate $950 · 20th percentile of monitor rates, 2026 · of 31

Estate financialsReported figures — never derived
Total assets at filing$16.6M
Total liabilities at filing$37.9M

As at 30 Jun 2025 · per draft, unaudited; internal balance sheet prepared by BHI based on allocation methodology · B&H Architects Corp. (BHA) entity only (BHI and other B+H group entities not included; BHI is not part of these proceedings) — Total liabilities exceed total assets; Monitor states this indicates BHA is insolvent on a balance sheet basis. Accounts payable and accrued liabilities of $32,576,000 include approximately $25 million related to the disputed/contested SDIC Arbitration Award.

Cumulative receipts

$3.78M

As at 24 Dec 2025Third Report of the Monitor dated December 24, 2025

Cash on hand

$2.82M

As at 3 Feb 2026Fourth Report of the Monitor dated February 3, 2026

Professional fees to date

$9.8K

As at 24 Jul 2026Sixth Report of the Monitor dated July 24, 2026

Documents
49 filings
DateDocumentFile
Endorsement of Justice Steele dated July 30, 2026
  • Presiding officer Justice Steele
PDF
Stay Extension and Distrobiton Order dated July 30, 2026
  • Order date 30 July 2026
  • Stay extended to 15 January 2027
PDF
Factum of the Monitor dated July 28, 2026PDF
Motion Record of the Monitor dated July 24, 2026
  • Fee schedule Engagements: Form: report_table · Rows: · Money: Approximate: false · Period: End: 2026-06-30 · Kind: invoice · Label: the Period from May 1 to June 30, 2026 · Quote: For the Period from May 1 to June 30, 2026 · Start: 2026-05-01 · Approval: State: unstated · Averages: AlixPartners · Currency: · Invoices: · Firm text: AlixPartners Restructuring, Inc. · Firm quote: Lawyers for the Monitor, AlixPartners Restructuring, Inc. · Context quote: AlixPartners Restructuring, Inc. was substituted in place of KSV Restructuring Inc. as Monitor in these proceedings pursuant to an order dated June 3, 2026; Form: report_table · Rows: · Money: Approximate: false · Period: End: 2026-06-30 · Kind: invoice · Label: the Period from May 1 to June 30, 2026 · Quote: For the Period from May 1 to June 30, 2026 · Start: 2026-05-01 · Approval: State: unstated · Averages: Cassels · Currency: · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: CASSELS BROCK & BLACKWELL LLP · Context quote: During the period from May 1, 2026 to June 30, 2026, Cassels incurred fees and disbursements, including Harmonized Sales Tax ('HST'), in the amount of $20,277.01. · Context unverified: true
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2026-07-24 · Table missing:
PDF
Service List as at July 24, 2026PDF
Sixth Report of the Monitor dated July 24, 2026
  • Closing confirmed Closed · 30 Jan 2026 · SJHC
  • Commencement date 17 October 2025
  • Court Ontario Superior Court of Justice (Commercial List)
  • Court file no CL-25-00753537-0000
  • + 14 more extracted facts
PDF
Endorsement of Justice Cavanagh dated May 29, 2026
  • Presiding officer Justice Cavanagh
PDF
Stay Extension Order dated May 29, 2026
  • Court Ontario Superior Court of Justice (Commercial List)
  • Debtor names 1570499 B.C. LTD.
  • Monitor KSV Restructuring Inc.
  • Monitor representative Cassels Brock & Blackwell LLP
  • + 3 more extracted facts
PDF
Factum of the Monitor dated May 27, 2026PDF
Fifth Report of the Monitor dated May 22, 2026
  • Cash on hand Note: The Monitor states there is sufficient cash on hand plus the Administrative Wind-down Amount and retainers to fund the proceedings through the proposed stay extension, but does not state a dollar amount. · Currency: CAD · Qualifier: sufficient
  • Closing confirmed Closed · 30 Jan 2026 · SJHC
  • Fee schedule Engagements: Form: time_summary · Rows: Noah Goldstein; Jordan Wong; Tony Trifunovic; Fees: 571.25 · Hours: 2.25 · Quote: Other Staff and administration | 175-240 | 2.25 | 571.25 · Rate max: 240 · Rate min: 175 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Tax: $4.61K · Label: HST · Quote: HST | 4,611.53 · Fees: $35.4K · Quote: Total fees | 35,402.50 · Total: $35.5K · Quote: Total fees and disbursements | $ 35,473.30 · includes disbursements · Approximate: false · Disbursements: $71 · Quote: Out-of-pocket disbursements (Contactout) | 70.80 · Period: End: 2026-01-31 · Kind: invoice · Quote: For the Period January 16 - 31, 2026 · Start: 2026-01-16 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. (' KSV ') , the court-appointed monitor (the ' Monitor ') · Context quote: the court-appointed monitor (the ' Monitor ') under the Companies' Creditors Arrangement Act (the ' CCAA ') of B+H Architects Corp.; Form: time_summary · Rows: Jordan Wong; Tony Trifunovic; Fees: 1493.75 · Hours: 5.9 · Quote: Other Staff and administration | 200-265 | 5.90 | 1,493.75 · Rate max: 265 · Rate min: 200 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Tax: $3.87K · Label: HST · Quote: HST | 3,874.33 · Fees: $29.5K · Quote: Total fees | 29,525.00 · Total: $29.8K · Quote: Total fees and disbursements | $ 29,802.55 · includes disbursements · Approximate: false · Disbursements: $278 · Quote: Out-of-pocket disbursements (Postage, Contactout) | 277.55 · Period: End: 2026-04-30 · Kind: invoice · Quote: For the Period February 1 to April 30, 2026 · Start: 2026-02-01 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: as monitor (the ' Monitor ') appointed by the Ontario Superior Court of Justice (Commercial List) · Context quote: For professional services rendered between February 1 to April 30, 2026 by KSV Restructuring Inc., as monitor (the ' Monitor '); Form: time_summary · Rows: Noah Goldstein; Jordan Wong; Tony Trifunovic; Fees: 2065 · Hours: 8.15 · Quote: Other Staff and administration | | 8.15 | 200-265 | 2,065.00 · Rate max: 265 · Rate min: 200 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Fees: $64.9K · Quote: Total fees | | 102.40 | | 64,927.50 · Approximate: false · Period: End: 2026-04-30 · Kind: cumulative · Quote: For the Period from January 16, 2026 to April 30, 2026 · Start: 2026-01-16 · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: 1570499 B.C. LTD. ## Time Summary · Hours total: Quote: Total fees | | 102.40 | | 64,927.50 · Value: 102.4 · Context quote: For the Period from January 16, 2026 to April 30, 2026; Form: rate_chart · Rows: Joseph J. Bellissimo; Ryan Jacobs; Michael Wunder; Joshua Gordon; Shayla Joshi · Money: · Period: End: 2026-04-30 · Kind: cumulative · Quote: for the period January 7, 2026 to April 30, 2026 · Start: 2026-01-07 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026 · Context quote: Summary of Respective Years of Call and Billing Rates of ## Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026; Form: invoice_listing · Rows: · Money: Fees: $84K · Quote: Total | 84,048.00 · Approximate: false · Period: End: 2026-04-30 · Kind: cumulative · Quote: for the period January 7, 2026 to April 30, 2026 · Start: 2026-01-07 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 3801.2 · Fees: 29240 · Quote: #2315010 (January 7, 2026 - January 31, 2026) | 29,240.00 | 0.00 | 3,801.20 | 33,041.20 | 22.70 | 1,288.11 · Total: 33041.2 · Period end: 2026-01-31 · Average rate: 1288.11 · Period start: 2026-01-07 · Disbursements: 0; Tax: 5619.09 · Fees: 42442 · Quote: #2322038 (February 1, 2026 - February 28, 2026) | 42,442.00 | 1,120.75 | 5,619.09 | 49,181.84 | 51.40 | 825.71 · Total: 49181.84 · Period end: 2026-02-28 · Average rate: 825.71 · Period start: 2026-02-01 · Disbursements: 1120.75; Tax: 416.78 · Fees: 3206 · Quote: #2325490 (March 1, 2026 - | 3,206.00 | 0.00 | 416.78 | 3,622.78 | 2.80 | 1,145.00 · Total: 3622.78 · Average rate: 1145 · Period start: 2026-03-01 · Disbursements: 0; Tax: 1190.8 · Fees: 9160 · Quote: #2327357 (April 1, 2026 - April 30, 2026) | 9,160.00 | 0.00 | 1,190.80 | 10,350.80 | 8.00 | 1,145.00 · Total: 10350.8 · Period end: 2026-04-30 · Average rate: 1145 · Period start: 2026-04-01 · Disbursements: 0 · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP · Context quote: for the period January 7, 2026 to April 30, 2026; Form: time_summary · Rows: Joseph J. Bellissimo; Michael Wunder; Ryan Jacobs; Joshua Gordon · Money: Tax: $3.8K · Label: HST @ 13.00% · Quote: HST @ 13.00% | 3,801.20 · Fees: $29.2K · Quote: Our Fees | 29,240.00 · Total: $33K · Quote: TOTAL FEES & TAXES (CAD) | 33,041.20 · includes tax · Approximate: false · Period: End: 2026-01-31 · Kind: invoice · Quote: Invoice No: 2315010 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL (CAD) · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP · Hours total: Quote: TOTAL (CAD) | | 22.70 | | 29,240.00 · Value: 22.7 · Context quote: KSV Advisory Group | Re: B+H Restructuring · Context unverified: true; Form: time_summary · Rows: Joseph J. Bellissimo; Michael Wunder; Ryan Jacobs; Joshua Gordon; Shayla Joshi · Money: Tax: $5.52K · Label: HST @ 13.00% · Quote: HST @ 13.00% | | 5,517.46 · Fees: $42.4K · Quote: Our Fees | 42,442.00 · Total: $48K · Quote: TOTAL FEES & TAXES (CAD) | | | | 47,959.46 · includes tax · Approximate: false · Disbursements: $1.12K · Quote: Disbursements | 1,120.75 · Period: End: 2026-02-28 · Kind: invoice · Quote: Invoice No: 2322038 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL (CAD) · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP · Hours total: Quote: TOTAL (CAD) | | 51.40 | | 42,442.00 · Value: 51.4 · Context quote: KSV Advisory Group | Re: B+H Restructuring · Context unverified: true
  • Operational summary Since the Fourth Report, the Monitor dealt with post-closing matters relating to the Transaction, carried out the Claims Procedure in accordance with the Claims Procedure Order, corresponded with Creditors and other interested parties, corresponded with Cassels and McCarthy regarding the Claims Procedure, corresponded with employees of BHA and BHI regarding certain Proofs of Claim, and prepared this Fifth Report.
  • + 6 more extracted facts
PDF
Motion Record dated May 22, 2026
  • Fee schedule Engagements: Form: time_summary · Rows: Noah Goldstein; Jordan Wong; Tony Trifunovic; Fees: 2065 · Hours: 8.15 · Quote: Other Staff and administration | | 8.15 | 200-265 | 2,065.00 · Rate max: 265 · Rate min: 200 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Fees: $64.9K · Quote: 64,927.50 · Approximate: false · Period: End: 2026-04-30 · Kind: cumulative · Quote: For the Period from January 16, 2026 to April 30, 2026 · Start: 2026-01-16 · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc., in its capacity as court-appointed monitor · Hours total: Quote: 102.40 · Value: 102.4 · Context quote: KSV Restructuring Inc., in its capacity as court-appointed monitor (in such capacity, the ' Monitor ') of 1570499 B.C. Ltd. (' ResidualCo '); Form: time_summary · Rows: Noah Goldstein; Jordan Wong; Tony Trifunovic; Fees: 571.25 · Hours: 2.25 · Quote: Other Staff and administration | 175-240 | 2.25 | 571.25 · Rate max: 240 · Rate min: 175 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Tax: $4.61K · Label: HST · Quote: HST | 4,611.53 · Fees: $35.4K · Quote: Total fees | | | 35,402.50 · Total: $35.5K · Quote: Total fees and disbursements | $ 35,473.30 · includes disbursements · Approximate: false · Disbursements: $71 · Quote: Out-of-pocket disbursements (Contactout) | | | 70.80 · Period: End: 2026-01-31 · Kind: invoice · Quote: For the Period January 16 - 31, 2026 · Start: 2026-01-16 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc., in its capacity as court-appointed monitor · Context quote: For professional services rendered between February 1 to April 30, 2026 by KSV Restructuring Inc., as monitor; Form: time_summary · Rows: Jordan Wong; Tony Trifunovic; Fees: 1493.75 · Hours: 5.9 · Quote: Other Staff and administration | 200-265 | 5.90 | 1,493.75 · Rate max: 265 · Rate min: 200 · Row kind: bucket · Rate kind: range · Name as stated: Other Staff and administration · Money: Tax: $3.87K · Label: HST · Quote: HST | 3,874.33 · Fees: $29.5K · Quote: Total fees | | | 29,525.00 · Total: $29.8K · Quote: Total fees and disbursements | $ 29,802.55 · includes disbursements · Approximate: false · Disbursements: $278 · Quote: Out-of-pocket disbursements (Postage, Contactout) | | | 277.55 · Period: End: 2026-04-30 · Kind: invoice · Quote: For the Period February 1 to April 30, 2026 · Start: 2026-02-01 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc., as monitor · Context quote: For professional services rendered between February 1 to April 30, 2026 by KSV Restructuring Inc., as monitor; Form: rate_chart · Rows: Joseph J. Bellissimo; Ryan Jacobs; Michael Wunder; Joshua Gordon; Shayla Joshi · Money: Approximate: false · Period: Kind: cumulative · Quote: Summary of Respective Years of Call and Billing Rates of Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026 · Context quote: Lawyers for the Monitor, KSV Restructuring Inc.; Form: invoice_listing · Rows: · Money: Fees: $84K · Quote: Total | 84,048.00 · Approximate: false · Period: End: 2026-04-30 · Kind: cumulative · Quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026 · Start: 2026-01-07 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL (CAD) · Invoices: Tax: 3801.2 · Fees: 29240 · Quote: #2315010 (January 7, 2026 - January 31, 2026) | 29,240.00 | 0.00 | 3,801.20 | 33,041.20 | 22.70 | 1,288.11 · Total: 33041.2 · Period end: 2026-01-31 · Average rate: 1288.11 · Period start: 2026-01-07 · Disbursements: 0; Tax: 5619.09 · Fees: 42442 · Quote: #2322038 (February 1, 2026 - February 28, 2026) | 42,442.00 | 1,120.75 | 5,619.09 | 49,181.84 | 51.40 | 825.71 · Total: 49181.84 · Period end: 2026-02-28 · Average rate: 825.71 · Period start: 2026-02-01 · Disbursements: 1120.75; Tax: 416.78 · Fees: 3206 · Quote: #2325490 (March 1, 2026 - | 3,206.00 | 0.00 | 416.78 | 3,622.78 | 2.80 | 1,145.00 · Total: 3622.78 · Average rate: 1145 · Period start: 2026-03-01 · Disbursements: 0; Tax: 1190.8 · Fees: 9160 · Quote: #2327357 (April 1, 2026 - April 30, 2026) | 9,160.00 | 0.00 | 1,190.80 | 10,350.80 | 8.00 | 1,145.00 · Total: 10350.8 · Period end: 2026-04-30 · Average rate: 1145 · Period start: 2026-04-01 · Disbursements: 0 · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP for the period January 7, 2026 to April 30, 2026 · Context quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP; Form: invoice_listing · Rows: Joseph J. Bellissimo; Michael Wunder; Ryan Jacobs; Joshua Gordon · Money: Tax: $3.8K · Label: HST @ 13.00% · Quote: HST @ 13.00% | 3,801.20 · Fees: $29.2K · Quote: Our Fees | 29,240.00 · Total: $33K · Quote: TOTAL FEES & TAXES (CAD) | 33,041.20 · includes tax · Approximate: false · Period: End: 2026-01-31 · Kind: invoice · Quote: Invoice No: 2315010 · Start: 2026-01-07 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL (CAD) · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP · Hours total: Quote: TOTAL (CAD) | | 22.70 | | 29,240.00 · Value: 22.7 · Context quote: Re: B+H Restructuring; Form: invoice_listing · Rows: Joseph J. Bellissimo; Michael Wunder; Ryan Jacobs; Joshua Gordon; Shayla Joshi · Money: Tax: $5.52K · Label: HST @ 13.00% · Quote: HST @ 13.00% | 5,517.46 · Fees: $42.4K · Quote: Our Fees | 42,442.00 · Total: $48K · Quote: TOTAL FEES & TAXES (CAD) | | | | 47,959.46 · includes tax · Approximate: false · Disbursements: $1.12K · Quote: Disbursements | 1,120.75 · Period: End: 2026-02-28 · Kind: invoice · Quote: Fees for professional services rendered up to and including February 28, 2026 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: TOTAL (CAD) · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: Cassels Brock & Blackwell LLP · Hours total: Quote: TOTAL (CAD) | | 51.40 | | 42,442.00 · Value: 51.4 · Context quote: KSV Advisory Group | Invoice No: 2322038
PDF
Notice to CreditorsPDF
Ancillary Order dated February 10, 2026
  • Court Ontario Superior Court of Justice (Commercial List)
  • Debtor names 1570499 B.C. LTD.
  • Monitor KSV Restructuring Inc.
  • Order date 10 February 2026
  • + 1 more extracted fact
PDF
Claims Procedure Order dated February 10, 2026
  • Claims bar date 2026-03-30T17:00:00
  • Order date 10 February 2026
PDF
Endorsement of Justice Conway dated February 10, 2026
  • Presiding officer Justice Conway
PDF
Instruction LetterPDF
Proof of Claim FormPDF
Factum of the Monitor dated February 6, 2026PDF
Fourth Report of the Monitor dated February 3, 2026
  • Cash on hand $2.82M
  • Closing confirmed Closed · 30 Jan 2026 · Surbana Jurong Holdings (Canada) Ltd.
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: KSV; KSV · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. (' KSV ') was appointed as monitor · Context quote: KSV Restructuring Inc. (' KSV ') was appointed as monitor in the CCAA proceeding (in such capacity, the ' Monitor ').; Form: prose · Rows: · Money: Total: $147K · Quote: fees and disbursements, including Harmonized Sales Tax (' HST ') , in the amount of $146,601.18 · includes tax · includes disbursements · Approximate: false · Period: End: 2026-01-19 · Kind: invoice · Quote: During the period from December 1, 2025 to January 19, 2026 · Start: 2025-12-01 · Approval: State: unstated · Averages: Cassels · Currency: · Invoices: · Firm text: Cassels · Firm quote: Cassels · Context quote: During the period from December 1, 2025 to January 19, 2026, Cassels incurred fees and disbursements, including Harmonized Sales Tax (' HST ') , in the amount of $146,601.18.
  • Operational summary BHA continued to operate in the ordinary course under Monitor supervision, corresponded with the Monitor, McCarthy, SJHC and BHI regarding operating matters, client/supplier inquiries, the sale approval motion and the Transaction, took steps to close the Transaction, prepared weekly cash flow forecasts, provided operational updates to the Monitor, and maintained OAA Permits and Licenses in good standing; all BHA employees resigned or were terminated following closing of the Transaction.
  • + 7 more extracted facts
PDF
Motion Record of the Monitor dated February 3, 2026
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: KSV; KSV · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc., in its capacity as court-appointed monitor · Context quote: KSV Restructuring Inc., in its capacity as court-appointed monitor (in such capacity, the ' Monitor ') of 1570499 B.C. L td.; Form: prose · Rows: · Money: Total: $147K · Quote: During the period from December 1, 2025 to January 19, 2026, Cassels incurred fees and disbursements, including Harmonized Sales Tax (' HST ') , in the amount of $146,601.18. · includes tax · includes disbursements · Approximate: false · Period: End: 2026-01-15 · Kind: invoice · Label: the Period · Quote: For the Period from December 1, 2025 to January 15, 2026 · Start: 2025-12-01 · Approval: State: unstated · Averages: Cassels · Currency: · Invoices: · Firm text: Cassels Brock & Blackwell LLP · Firm quote: CASSELS BROCK & BLACKWELL LLP · Context quote: Lawyers for the Monitor, KSV Restructuring Inc.
PDF
1570499 B.C. LTD - Claims SchedulePDF
Monitor's Certificate dated January 30, 2026
  • Closing confirmed Closed · 30 Jan 2026 · Surbana Jurong Holdings (Canada) Ltd.
PDF
Approval and Reverse Vesting Order dated January 2, 2026
  • Closing terms Delivery of Monitor's Certificate upon satisfaction of closing conditions triggers vesting
  • Purchaser Surbana Jurong Holdings (Canada) Ltd. · the Subscribed Shares, and vesting in the Purchaser or as it may direct all of the right, title and interest of the Subscribed Shares · share subscription · approved
  • Residualco 1570499 B.C. Ltd.
  • Sale outcome Sale approved — The Investment Agreement and the Transaction are approved
PDF
Endorsement of Justice Steele dated January 2, 2026
  • Presiding officer Justice Steele
PDF
Revised Schedules to Amended Investment Agreement
  • Purchaser Surbana Jurong Holdings (Canada) Ltd. (stalking horse) · assets and contracts of the Company, excluding those listed in Schedule A · asset sale · proposed
  • Stalking horse Stalking horse Surbana Jurong Holdings (Canada) Ltd.
PDF
Endorsement of Justice Steele dated December 30, 2025
  • Presiding officer Justice Steele
PDF
Stay Extension and Ancillary Relief Order dated December 30, 2025
  • Court Ontario Superior Court of Justice (Commercial List)
  • Debtor names B+H Architects Corp.
  • Monitor KSV Restructuring Inc.
  • Order date 30 December 2025
  • + 2 more extracted facts
PDF
Amended Investment AgreementPDF
Factum of the Applicant dated December 24, 2025PDF
Third Report of the Monitor dated December 24, 2025
  • Cash on hand $2.82M
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: End: 2025-11-30 · Kind: invoice · Quote: For the Period from September 17, 2025 to November 30, 2025 · Start: 2025-09-17 · Approval: State: unstated · Averages: KSV · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. (' KSV ') was appointed as monitor in the CCAA proceeding · Context quote: KSV Restructuring Inc. (' KSV ') was appointed as monitor in the CCAA proceeding (in such capacity, the ' Monitor '); Form: prose · Rows: · Money: Total: $342K · Quote: Cassels incurred fees and disbursements, including Harmonized Sales Tax (' HST ') , in the amount of $342,394.25 · includes tax · includes disbursements · Approximate: false · Period: End: 2025-11-30 · Kind: invoice · Quote: During the period from October 3, 2025 to November 30, 2025 · Start: 2025-10-03 · Approval: State: unstated · Averages: Cassels · Currency: · Invoices: · Firm text: Cassels · Firm quote: its counsel, Cassels · Context quote: During the period from October 3, 2025 to November 30, 2025, Cassels incurred fees and disbursements, including Harmonized Sales Tax (' HST ') , in the amount of $342,394.25. · Firm unverified: true
  • Operational summary Since the Second Report, BHA continued to operate in the ordinary course under the Monitor's supervision, corresponded with the Monitor, McCarthy, Cassels, SJHC and BHI on operating and Transaction matters, addressed customer contract issues, reviewed and updated cash flow forecasts, and maintained its Permits and Licenses in good standing. The Monitor, in turn, corresponded extensively with BHA and counsel, monitored receipts and disbursements, assisted with cash flow reporting to the DIP Lender, and prepared this Third Report.
  • Professional fees Cassels: $299K · Monitor KSV: $288K
  • + 6 more extracted facts
PDF
Motion Record of the Applicant dated December 23, 2025PDF
Endorsement of Justice Peter J. Cavanagh dated December 16, 2025
  • Presiding officer Justice Peter J. Cavanagh
PDF
Motion Record of the Applicant returnable on December 16, 2025PDF
Stay Extension Order B H Architects dated December 16, 2025
  • Court Ontario Superior Court of Justice (Commercial List)
  • Debtor names B+H Architects Corp.
  • Monitor KSV Restructuring Inc.
  • Order date 16 December 2025
  • + 2 more extracted facts
PDF
Second Report of the Monitor dated December 15, 2025
  • Cash on hand $3.85M
  • Operational summary BHA is a leading architecture and design firm headquartered in Toronto, Ontario and has been operating under the "B+H" brand for over 70 years.
  • Professional fees $1M
  • Purchaser Surbana Jurong Holdings (Canada) Ltd. (related party) · substantially all of the assets and business operations of the Applicant · asset sale · proposed
  • + 5 more extracted facts
PDF
Amended and Restated Initial Order dated October 27, 2025
  • Order date 27 October 2025
  • Stay expiry 17 December 2025
PDF
Endorsement of Justice Black dated October October 27, 2025
  • Presiding officer Justice Black
PDF
Sale and Investment Solicitation Order dated October 27, 2025
  • Bid deadline 17 November 2025
  • Order date 27 October 2025
  • Outside date 31 December 2025
  • Phase1 deadline 2025-11-17T17:00:00-05:00
  • + 1 more extracted fact
PDF
Sale and Investment Solicitation Process
  • Bid deadline 5 December 2025
  • Order date 27 October 2025
  • Outside date 31 December 2025
  • Phase1 deadline 2025-11-17T17:00:00
  • + 3 more extracted facts
PDF
Notice of Appearance of Directors dated October 25, 2025PDF
Notice to Creditors dated October 23, 2025PDF
First Report of the Monitor dated October 22, 2025
  • Cash on hand $1.5M
  • Operational summary BHA is a leading architecture and design firm headquartered in Toronto, Ontario and has been operating under the “B+H” brand for over 70 years.
  • Professional fees $1.77M
  • Purchaser Surbana Jurong Holdings (Canada) Ltd. (stalking horse) · substantially all of the assets and business operations of the Applicant · asset sale · proposed
  • + 5 more extracted facts
PDF
Factum of the Applicant dated October 21, 2025PDF
Motion Record of the Applicant re Comeback Hearing dated October 20, 2025
  • Secured creditors Note: Both listed on service list as 'PPSA Registrant'; typical serialized-equipment/lease financiers aggregated per PMSI class; no balances stated · Page: 4 · Debtor: B+H Architects Corp. · Creditor: PPSA equipment financiers (PMSI class) · Currency: CAD · Security: PPSA registrations (equipment/leasing financiers - CWB National Leasing Inc. and Vault Credit Corporation)
PDF
CCAA Initial Order dated October 17, 2025
  • Applicant B+H Architects Corp.
  • Appointee KSV Restructuring Inc.
  • Appointee role monitor
  • Charges Directors' Charge $460K; Administration Charge $500K; DIP Lender's Charge $1.7M
  • + 10 more extracted facts
PDF
List of Creditors as at October 17, 2025PDF
Application Record dated Octber 16, 2025
  • Applicant B+H Architects Corp.
  • Commencement date 16 October 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CL-25-00753537-0000
  • + 1 more extracted fact
PDF
Factum of the Applicant dated October 16, 2025PDF
Pre-Filing Report of the Proposed Monitor dated October 16, 2025
  • Financial position Assets $16.6M · Liabilities $37.9M · as at 30 Jun 2025 · per draft, unaudited; internal balance sheet prepared by BHI based on allocation methodology · B&H Architects Corp. (BHA) entity only (BHI and other B+H group entities not included; BHI is not part of these proceedings) — Total liabilities exceed total assets; Monitor states this indicates BHA is insolvent on a balance sheet basis. Accounts payable and accrued liabilities of $32,576,000 include approximately $25 million related to the disputed/contested SDIC Arbitration Award.
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “B+H Architects Corp.” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/b-h-architects-corp

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Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/b-h-architects-corp

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.