B.S.K. Group Inc. has been in bankruptcy before the Superior Court of Québec since July 26, 2023, under section 50.4(9) of the Bankruptcy and Insolvency Act, with Ernst & Young Inc. as trustee and the matter carried under court file 500-11-062050-238. The preliminary list of creditors with claims of $250 or more, prepared as of the notice of intention filing date, is led by Canadian Imperial Bank of Commerce at $1,101,433.91 and is otherwise dominated by shopping-centre landlords, including Belleville Square LLC at $94,950.00, Ivanhoe Cambridge II Inc. (Metropolis I) at $85,017.51, McArthurGlen Designer Outlets at $81,275.63, Ivanhoe Cambridge II Inc. (Vaughan Mills) at $56,729.59 and Oxford in trust for Square One at $52,389.77, together with a US-dollar claim of $164,512.66 by Halton Hills Shopping Centre. The proceeding remains active.
The officer filed report no. Preliminary Administration Report of the Trustee. The Debtor's own operations ceased upon bankruptcy; Via Vegan, which purchased the Debtor's assets, has continued operating the business and retains the Company's books and records. The Trustee does not anticipate any realization from the Debtor's remaining assets or any distribution to unsecured creditors.
Source: Trustee's Report to Creditors on Preliminary Administration
Certificate of Assignment was filed. Court file 500-11-062050-238.
Source: Certificate of Assignment
The court granted an approval and vesting order for the sale to Via Vegan Ltd. Closing terms, as extracted: Cash Consideration to be remitted to the Trustee, held in trust, and distributed to CIBC in satisfaction of the CIBC Term Loan.
Source: Approval and Vesting Order
B.S.K. Group Inc. filed its own application at Montréal under section 50.4(9) of the BIA, opening the proceeding with Ernst & Young Inc. as trustee.
Source: Motion to extend the stay period to September 5, 2023
Motion to Extend the Time Period to File a Proposal to June 16, 2023 — Application / notice of application
Motion for the Approval of Interim Financing, an Interim Financing Charge, an Administrative Charge and the Extension of the Time to File a Proposal — Application / notice of application
Debtor
B.S.K. Group Inc.
Trustee in bankruptcy
EY
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorB.S.K. Group Inc. | Woods LLP | 20 Mar 2023 | Application · 20 Mar 2023 |
| CreditorCadillac Fairview Corporation Limited | Gowling WLG (Canada) LLP | 3 May 2023 | Service list · 3 May 2023 |
| CreditorCanadian Imperial Bank of Commerce | Lavery, De Billy, LLP | 3 May 2023 | Service list · 3 May 2023 |
| CreditorIvanhoe Cambridge II inc | Gowling WLG (Canada) LLP | 3 May 2023 | Service list · 3 May 2023 |
| CreditorOxford Properties Group | Gowling WLG (Canada) LLP | 3 May 2023 | Service list · 3 May 2023 |
| CreditortheDebtor, B.S.K | Woods LLP | 5 May 2023 | Order · 5 May 2023 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Imperial Bank of Commerce · in 72 casesOther - Other; security given 01-Jan-2023; estimated value of security $0.00 — List B secured creditor; nominal claim of $1.00 (placeholder); entire $1.00 shown as unsecured deficiency/balance of claim; also appears in List A with $0 ordinary unsecured — debtor: B.S.K. Group Inc. · as of 6 Sep 2023 | $1 | Notice of Bankruptcy and First Meeting of Creditors |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
28 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale closed — Following the SISP process, the offer from Via Vegan was selected as the successful bid, approved by the Court, and completed.Trustee's Report to Creditors on Preliminary Administration · 19 Sep 2023
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Via Vegan Ltd.all rights, title and interest in and to the Property · asset sale · nominee/assignee: another entity to be designated by Via Vegan · agreement 18 Jul 2023 | Subscribers | Closed1 Sep 2023 | Trustee's Report to Creditors on Preliminary… |
Unsecured creditors: no distribution.EstimatedTrustee's Report to Creditors on Preliminary Administration · 19 Sep 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | The secured creditors, CIBC and 4300769 Canada Inc. | — | paid in fullconditional | Estimatedper the proposal trustee | Fifth Report of the Trustee · 14 Aug 2023 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Report to Creditors on Preliminary Administration · 19 Sep 2023 |
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.
As at ·
The total the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Report to Creditors on Preliminary Administration
| PDF · Subscribers | |
Newspaper Ad (in French)
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Assignment
| PDF · Subscribers | |
Certificate of the Trustee
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Fifth Report of the Trustee
| PDF · Subscribers | |
| Motion for the Issuance of a Sale Approval and Vesting Order | PDF · Subscribers | |
| Order extending the time to file a proposal to September 3, 2023 | PDF · Subscribers | |
Fourth Report of the Trustee
| PDF · Subscribers | |
Motion to extend the stay period to September 5, 2023
| PDF · Subscribers | |
Service List as of July 26, 2023
| PDF · Subscribers | |
| Tender Information Package | PDF · Subscribers | |
Order Authorizing a Sale and Investment Solicitation Process and Extending the Time to File a Proposal to July 28, 2023
| PDF · Subscribers | |
Motion for the Authorization and Approval of a Sale and Investment Solicitation Process, and to Extend the Time Period to File a Proposal
| PDF · Subscribers | |
Third Report of the Trustee
| PDF · Subscribers | |
Order Extending the Time Period to File a Proposal to June 16, 2023
| PDF · Subscribers | |
Service List dated May 5, 2023
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Motion to Extend the Time Period to File a Proposal to June 16, 2023
| PDF · Subscribers | |
| Second Report of the Trustee | PDF · Subscribers | |
Order Authorizing the Interim Financing Facility, the Interim Financing Charge, the Administration Charge and Extending the Time Period to File a Proposal (up to and including May 7, 2023)
| PDF · Subscribers | |
| First Report of the Trustee | PDF · Subscribers | |
Motion for the Approval of Interim Financing, an Interim Financing Charge, an Administrative Charge and the Extension of the Time to File a Proposal
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Certificate of Appointment | 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., “B.S.K. Group Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/b-s-k-group-inc
Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/b-s-k-group-inc
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.