Proceedings.

B.S.K. Group Inc.

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Proceeding
BankruptcySections 50.4(9) of the Bankruptcy and Insolvency Act
File
500-11-062050-238
Filings held26
Last activity19 Sep 2023
On the record1,111 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates26 dated entries
#Report

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

23 earlier updates, back to 6 September 2023 subscribers.

Parties

Debtor

B.S.K. Group Inc.

Trustee in bankruptcy

EY

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
DebtorB.S.K. Group Inc.Woods LLP20 Mar 2023Application · 20 Mar 2023
CreditorCadillac Fairview Corporation LimitedGowling WLG (Canada) LLP3 May 2023Service list · 3 May 2023
CreditorCanadian Imperial Bank of CommerceLavery, De Billy, LLP3 May 2023Service list · 3 May 2023
CreditorIvanhoe Cambridge II incGowling WLG (Canada) LLP3 May 2023Service list · 3 May 2023
CreditorOxford Properties GroupGowling WLG (Canada) LLP3 May 2023Service list · 3 May 2023
CreditortheDebtor, B.S.KWoods LLP5 May 2023Order · 5 May 2023
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanadian Imperial Bank of Commerce · in 67 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$1Notice of Bankruptcy and First Meeting of Creditors
28 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Sale closedFollowing 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

PurchaserPriceStatusSource
Via Vegan Ltd.Related partyall rights, title and interest in and to the Property · asset sale · nominee/assignee: another entity to be designated by Via Vegan · agreement 18 Jul 2023SubscribersClosed1 Sep 2023Trustee's Report to Creditors on Preliminary…
Closing termsCash Consideration to be remitted to the Trustee, held in trust, and distributed to CIBC in satisfaction of the CIBC Term LoanApproval and Vesting Order
RecoveriesAs stated in the filings

Unsecured creditors: no distribution. 4300769 Canada Inc. paid in full · CIBC paid in full.EstimatedTrustee's Report to Creditors on Preliminary Administration · 19 Sep 2023

ClassCreditorClaimsRecoveryBasisSource
Secured4300769 Canada Inc.paid in fullper the trusteeFifth Report of the Trustee · 14 Aug 2023
SecuredCIBCpaid in fullper the trusteeFifth Report of the Trustee · 14 Aug 2023
Unsecuredno distributionEstimatedper the trusteeTrustee'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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
26 filings
DateDocumentFile
Trustee's Report to Creditors on Preliminary Administration
  • Closing confirmed Closed · 1 Sep 2023 · Via Vegan
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Newspaper Ad (in French)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Assignment
  • Appointee ERNST & YOUNG INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 6 September 2023
  • Court file no 500-11-062050-238
  • + 1 more extracted fact
PDF · Subscribers
Certificate of the Trustee
  • Closing confirmed Closed · 1 Sep 2023 · Via Vegan Ltd.
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Cash Consideration to be remitted to the Trustee, held in trust, and distributed to CIBC in satisfaction of the CIBC Term Loan
  • Order date 17 August 2023
  • Purchaser Via Vegan Ltd. · all rights, title and interest in and to the Property · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Fifth Report of the Trustee
  • Purchaser Via Vegan Inc. (related party) · nominee/assignee another entity to be designated by Via Vegan · the assets of the Company · asset sale · proposed
  • Recovery outcome Entries: per unstated; per unstated; per estimated · Table missing:
  • Sale outcome Approval pending — The offer from Via Vegan was selected as the Successful Bid in the SISP and the Trustee recommends the Transaction be approved
  • Stalking horse Subscribers
PDF · Subscribers
Motion for the Issuance of a Sale Approval and Vesting OrderPDF · Subscribers
Order extending the time to file a proposal to September 3, 2023PDF · Subscribers
Fourth Report of the Trustee
  • Process results 39 solicited · 3 NDAs · 3 bids · as of 14 Jul 2023
  • Purchaser Via Vegan Inc. (related party) · the assets of the Company · asset sale · approved
  • Sale outcome Successful bid selected — Via Vegan offer deemed the successful bid in the SISP process
  • Stalking horse Subscribers
PDF · Subscribers
Motion to extend the stay period to September 5, 2023
  • Applicant B.S.K. GROUP INC.
  • Appointee ERNST & YOUNG INC.
  • Appointee role Trustee
  • Commencement date 26 July 2023
  • + 5 more extracted facts
PDF · Subscribers
Service List as of July 26, 2023
  • Counsel Woods LLP
PDF · Subscribers
Tender Information PackagePDF · Subscribers
Order Authorizing a Sale and Investment Solicitation Process and Extending the Time to File a Proposal to July 28, 2023
  • Order date 16 June 2023
  • Break fee · Stalking horse Subscribers
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
  • Bid deadline 14 July 2023
  • Order date 16 June 2023
  • Sale outcome Sale process approved — Order approving and authorizing the SISP as described in the Motion and Tender Information Package
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Third Report of the Trustee
  • Sale outcome Sale process approved — The Trustee is of the view that the proposed SISP, including the Draft Tender Information Package, is appropriate and reasonable in the circumstances.
  • Stalking horse Subscribers
PDF · Subscribers
Order Extending the Time Period to File a Proposal to June 16, 2023
  • Counsel Mtre. Sylvain Rigaud Mtre. Jack M. Little Woods LLP
PDF · Subscribers
Service List dated May 5, 2023
  • Counsel Gowling WLG (Canada) LLP
PDF · Subscribers
Service List
  • Counsel Lavery de Billy, s.e.n.c.r.l.
PDF · Subscribers
Motion to Extend the Time Period to File a Proposal to June 16, 2023
  • Counsel Woods LLP
PDF · Subscribers
Second Report of the TrusteePDF · 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)
  • Counsel Mtre. Sylvain Rigaud Mtre. Jack M. Little Woods LLP
PDF · Subscribers
First Report of the TrusteePDF · 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
  • Applicant B.S.K. Group Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role Trustee
  • Commencement date 3 March 2023
  • + 5 more extracted facts
PDF · Subscribers
Notice to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of AppointmentPDF · 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 20 September 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.