Proceedings.

BioSteel

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Closed
Proceeding
CCAACCAA
Filings held53
Last activity22 Oct 2024
On the record1,103 days
Secured debtSubscribers
OverviewSummary updated

BioSteel Sports Nutrition Inc. was the applicant in CCAA proceedings in Ontario, now closed. The preliminary list of creditors filed by the applicant, as at September 13, 2023, put liabilities at a grand total of $439,258,927 CAD: secured claims of $394,165,922, the sole entry being Canopy Growth Corporation, and unsecured and other claims of $45,093,005 across 261 rows. The largest unsecured claims were NHL Enterprises, LP at $8,712,732, Canopy Growth intercompany trade payables at $4,637,661, NBF Holdings Canada at $3,243,193, The Los Angeles Lakers at $2,564,275 and Flow alkaline spring water at $1,961,073. The list carried no asset values, was drawn from the applicants' books and records without admission as to liability or quantum, and excluded unreconciled amounts for goods in transit.

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Case updates53 dated entries

50 earlier updates, back to 14 September 2023 subscribers.

Parties

Debtor

BioSteel

Monitor

AlixPartners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice5 orders, Sep 2023 – Apr 2024288 cases on record
Justice KimmelOntario Superior Court of Justice2 orders, Jul 2024182 cases on record
Justice Wilton-SiegelOntario Superior Court of Justice2 orders, Feb 2024104 cases on record
Justice SteeleOntario Superior Court of Justice2 orders, Dec 2023220 cases on record
Justice ConwayOntario Superior Court of Justice2 orders, Nov 2023285 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorAlixPartnersBennett Jones LLP28 Feb 2024Service list · 28 Feb 2024
MonitorKSV Restructuring IncBennett Jones LLP23 Feb 2024Order · 23 Feb 2024
DebtorBioSteelAkin Gump Strauss Hauer & Feld LLP · Cassels Brock & Blackwell LLP28 Feb 2024Service list · 28 Feb 2024
Foreign representativeAkin Gump Strauss Hauer & Feld LLP19 Sep 2023Order · 19 Sep 2023
CreditorAmazon.com.ca, IncDentons Canada LLP28 Feb 2024Service list · 28 Feb 2024
CreditorAndrew Wiggins and Wiggins Enterprise, IncAird & Berlis LLP28 Feb 2024Service list · 28 Feb 2024
Secured creditorCanopy Growth Corporation, asFasken Martineau DuMoulin LLP28 Feb 2024Service list · 28 Feb 2024
CreditorColdHaus Direct IncAird & Berlis LLP28 Feb 2024Service list · 28 Feb 2024
CreditorCouche-Tard IncBorden Ladner Gervais LLP28 Feb 2024Service list · 28 Feb 2024
CreditorDC Holdings LTDBlakes Cassels & Graydon LLP28 Feb 2024Service list · 28 Feb 2024
CreditorGregory Packaging IncBlakes Cassels & Graydon LLP28 Feb 2024Service list · 28 Feb 2024
CreditorKing Street Acquisition Company, L.L.C., asDavis Polk Wardwell LLP · Goodmans LLP28 Feb 2024Service list · 28 Feb 2024
CreditorMark VenezianoLenczner Slaght LLP28 Feb 2024Service list · 28 Feb 2024
CreditorNational Hockey LeagueBorden Ladner Gervais LLP28 Feb 2024Service list · 28 Feb 2024
CreditorNational Hockey League Players' Association and Hockey Ventures (Canada) IncTorys LLP28 Feb 2024Service list · 28 Feb 2024
CreditorNBF Holdings USA IncBarclay Damon LLP · Miller Thomson LLP28 Feb 2024Service list · 28 Feb 2024
CreditorRoyal Bank of CanadaMinden Gross LLP28 Feb 2024Service list · 28 Feb 2024
CreditorRXO Capacity Solutions, LLCMiller Thomson LLP28 Feb 2024Service list · 28 Feb 2024
CreditorSCI Logistics LtdDentons Canada LLP28 Feb 2024Service list · 28 Feb 2024
CreditorSpecial Committee of the Board of BioSteel Sports Nutrition IncChaitons LLP28 Feb 2024Service list · 28 Feb 2024
CreditorStephen Leonard and the proposed class in the Leonard ActionSiskinds LLP28 Feb 2024Service list · 28 Feb 2024
CreditorTetra Pak IncReconstruct LLP28 Feb 2024Service list · 28 Feb 2024
CreditorWilmington Trust, National Association, Administrative and Collateral AgentCovington & Burling LLP28 Feb 2024Service list · 28 Feb 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanopy Growth Corporation (c/o 11065220 Canada Inc)The sole entry under SECURED CREDITORS; the security is not described in this list. — Canopy Growth also appears among unsecured creditors as $4,637,661 of intercompany trade payables. — debtor: BioSteel Sports Nutrition Inc. · as of 13 Sep 2023$394MPreliminary list of creditors as at September 13, 2023

261 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

7 engagements · 3 firmslatest: KSV Restructuring Inc., 1 Mar – 15 Jul 2024Sixth Report of the Monitor · 24 Jul 2024

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the headingto 31 Mar 2023•••not statedMotion Record of the Monitor · 24 Jul 2024
Bennett Jones LLPCounselBennett Jones Fee Approval Period•••••••••8 peopleSixth Report of the Monitor · 24 Jul 2024
KSV Restructuring Inc.Monitorperiod 5 of 5to 15 Jul 2024•••••••••3 peopleSixth Report of the Monitor · 24 Jul 2024
KSV Restructuring Inc.Monitorperiod 5 of 51 Mar – 15 Jul 2024•••••••••3 peopleSixth Report of the Monitor · 24 Jul 2024
KSV Restructuring Inc.Monitorperiod 3 of 5to 30 Apr 2024•••••••••3 peopleSixth Report of the Monitor · 24 Jul 2024
KSV Restructuring Inc.Monitorperiod 2 of 5to 31 Mar 2023••••••3 peopleSixth Report of the Monitor · 24 Jul 2024
KSV Restructuring Inc.Monitorperiod 1 of 5the referenced billing periods•••Second Supplement to the Fifth Report of the Monitor · 4 Apr 2024

115 stated figures across 7 engagements, each sourced

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Estate financialsReported figures — never derived

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

Documents
53 filings
DateDocumentFile
Monitor's Termination Certificate dated October 22, 2024PDF · Subscribers
BioSteel Manufacturing LLC - Certificate of Appointment - 31-3136067PDF · Subscribers
BioSteel Sports Nutrition Inc.- Certificate of Appointment - 31-3136057PDF · Subscribers
BioSteel Sports Nutrition USA LLC - Certificate of Appointment - 31-3136075PDF · Subscribers
Order Recognizing Conversion Order and Closing Chapter 15 Cases Docket No. 125 dated August 27, 2024PDF · Subscribers
CCAA Termination Order dated July 31, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Kimmel
PDF · Subscribers
Endorsement of Justice Kimmel dated July 31, 2024
  • Presiding officer Justice Kimmel
PDF · Subscribers
Motion Record of the Monitor dated July 24, 2024
PDF · Subscribers
Sixth Report of the Monitor dated July 24, 2024
PDF · Subscribers
Court Order re Coldhaus dated April 26, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Stay Extension, Activity and Fee Approval Order dated April 26, 2024PDF · Subscribers
Factum of the Monitor dated April 2, 2204
  • Counsel Bennett Jones LLP
PDF · Subscribers
Motion Record of the Monitor dated April 4, 2024PDF · Subscribers
Second Supplement to the Fifth Report of the Monitor dated April 4, 2024
PDF · Subscribers
Reply Motion Record of the Monitor dated March 20, 2024PDF · Subscribers
Supplement to the Fifth Report of the Monitor dated March 20, 2024PDF · Subscribers
Fifth Report of the Monitor dated March 11, 2024PDF · Subscribers
Motion Record of the Monitor dated March 11, 2024PDF · Subscribers
BioSteel - Service List as at February 28, 2024
  • Counsel Dentons Canada LLP
PDF · Subscribers
Endorsement of Justice Wilton-Siegel dated February 23, 2024
  • Presiding officer Justice Wilton-Siegel
PDF · Subscribers
Remaining Inventory Sale Transaction Order dated February 23, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice H. J. Wilton-Siegel
PDF · Subscribers
Fourth Report of the Monitor dated February 17, 2024PDF · Subscribers
Motion Record of the Monitor dated February 17, 2024PDF · Subscribers
BioSteel 109 - Distribution Recognition Order dated December 22, 2023PDF · Subscribers
Distribution Stay Extension and Expansion of Powers Order dated December 14, 2023
  • Presiding officer Justice Steele
PDF · Subscribers
Endorsement of Justice Steele dated December 14, 2023
  • Presiding officer Justice Steele
PDF · Subscribers
Third Report of the Monitor dated December 12, 2023PDF · Subscribers
Motion Record of the Applicants dated December 7, 2023PDF · Subscribers
Recognition Order dated November 30, 2023PDF · Subscribers
Sale Approval Order dated November 30, 2023PDF · Subscribers
Sale Approval Order re BioSteel Manufacturing LLC dated November 30, 2023PDF · Subscribers
Ancillary Relief Order dated November 16, 2023PDF · Subscribers
Approval and Vesting Order dated November 16, 2023
  • Presiding officer Justice Conway
PDF · Subscribers
Manufacturing Approval and Vesting Order dated November 16, 2023
  • Presiding officer Justice Conway
PDF · Subscribers
Second Report of the Monitor dated November 14, 2023PDF · Subscribers
Motion Record of the Applicant dated November 10, 2023PDF · Subscribers
Recognition Order dated October 11, 2023PDF · Subscribers
Amended and Restated Initial Order dated September 21, 2023PDF · Subscribers
Endorsement Justice Cavanagh dated September 21, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record returnable September 21, 2023PDF · Subscribers
SISP Approval Order dated September 21, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Factum of the Applicant dated September 19, 2023PDF · Subscribers
First Report of the Monitor dated September 19, 2023PDF · Subscribers
Provisional Relief Order dated September 19, 2023PDF · Subscribers
Scheduling Order dated September 19, 2023
  • Counsel Akin Gump Strauss Hauer & Feld LLP
PDF · Subscribers
Application Record dated September 14, 2023PDF · Subscribers
CCAA Notice to Creditors dated September 14, 2023PDF · Subscribers
Endorsement Justice Cavanagh dated September 14, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Factum of the Applicant dated September 14, 2023PDF · Subscribers
Initial Order dated September 14, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Pre-Filing Report of the Proposed Monitor dated September 14, 2023PDF · Subscribers
Affidavit of Sarah S. Eskandari sworn September 13, 2023PDF · Subscribers
Preliminary list of creditors as at September 13, 2023
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “BioSteel” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/biosteel

Sources last checked · summary updated 18 August 2026 · Report a correction · Printed from proceedings.ca/case/biosteel

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.