BioSteel
Follow- Proceeding
- CCAACCAA
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.
BioSteel Manufacturing LLC - Certificate of Appointment - 31-3136067 — Court officer certificate
BioSteel Sports Nutrition Inc.- Certificate of Appointment - 31-3136057 — Court officer certificate
50 earlier updates, back to 14 September 2023 — subscribers.
Debtor
BioSteel
Monitor
AlixPartners
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 5 orders, Sep 2023 – Apr 2024 | 288 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 182 cases on record |
| Justice Wilton-Siegel | Ontario Superior Court of Justice | 2 orders, Feb 2024 | 104 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Dec 2023 | 220 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Nov 2023 | 285 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlixPartners | Bennett Jones LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| MonitorKSV Restructuring Inc | Bennett Jones LLP | 23 Feb 2024 | Order · 23 Feb 2024 |
| DebtorBioSteel | Akin Gump Strauss Hauer & Feld LLP · Cassels Brock & Blackwell LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| Foreign representative | Akin Gump Strauss Hauer & Feld LLP | 19 Sep 2023 | Order · 19 Sep 2023 |
| CreditorAmazon.com.ca, Inc | Dentons Canada LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorAndrew Wiggins and Wiggins Enterprise, Inc | Aird & Berlis LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| Secured creditorCanopy Growth Corporation, as | Fasken Martineau DuMoulin LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorColdHaus Direct Inc | Aird & Berlis LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorCouche-Tard Inc | Borden Ladner Gervais LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorDC Holdings LTD | Blakes Cassels & Graydon LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorGregory Packaging Inc | Blakes Cassels & Graydon LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorKing Street Acquisition Company, L.L.C., as | Davis Polk Wardwell LLP · Goodmans LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorMark Veneziano | Lenczner Slaght LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorNational Hockey League | Borden Ladner Gervais LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorNational Hockey League Players' Association and Hockey Ventures (Canada) Inc | Torys LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorNBF Holdings USA Inc | Barclay Damon LLP · Miller Thomson LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorRoyal Bank of Canada | Minden Gross LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorRXO Capacity Solutions, LLC | Miller Thomson LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorSCI Logistics Ltd | Dentons Canada LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorSpecial Committee of the Board of BioSteel Sports Nutrition Inc | Chaitons LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorStephen Leonard and the proposed class in the Leonard Action | Siskinds LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorTetra Pak Inc | Reconstruct LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| CreditorWilmington Trust, National Association, Administrative and Collateral Agent | Covington & Burling LLP | 28 Feb 2024 | Service list · 28 Feb 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canopy 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 | $394M | Preliminary list of creditors as at September 13, 2023 |
Closed · the record states no distribution outcome.
7 engagements · 3 firms — latest: KSV Restructuring Inc., 1 Mar – 15 Jul 2024Sixth Report of the Monitor · 24 Jul 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| (firm not named)capacity not statedfirm not named in the heading | to 31 Mar 2023 | — | ••• | not stated | Motion Record of the Monitor · 24 Jul 2024 |
| Bennett Jones LLPCounsel | Bennett Jones Fee Approval Period | ••• | ••• | •••8 people | Sixth Report of the Monitor · 24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 | to 15 Jul 2024 | ••• | ••• | •••3 people | Sixth Report of the Monitor · 24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 5 of 5 | 1 Mar – 15 Jul 2024 | ••• | ••• | •••3 people | Sixth Report of the Monitor · 24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 3 of 5 | to 30 Apr 2024 | ••• | ••• | •••3 people | Sixth Report of the Monitor · 24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 2 of 5 | to 31 Mar 2023 | — | ••• | •••3 people | Sixth Report of the Monitor · 24 Jul 2024 |
| KSV Restructuring Inc.Monitorperiod 1 of 5 | the referenced billing periods | — | — | ••• | Second Supplement to the Fifth Report of the Monitor · 4 Apr 2024 |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Monitor's Termination Certificate dated October 22, 2024 | PDF · Subscribers | |
| BioSteel Manufacturing LLC - Certificate of Appointment - 31-3136067 | PDF · Subscribers | |
| BioSteel Sports Nutrition Inc.- Certificate of Appointment - 31-3136057 | PDF · Subscribers | |
| BioSteel Sports Nutrition USA LLC - Certificate of Appointment - 31-3136075 | PDF · Subscribers | |
| Order Recognizing Conversion Order and Closing Chapter 15 Cases Docket No. 125 dated August 27, 2024 | PDF · Subscribers | |
CCAA Termination Order dated July 31, 2024
| PDF · Subscribers | |
Endorsement of Justice Kimmel dated July 31, 2024
| 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
| PDF · Subscribers | |
| Stay Extension, Activity and Fee Approval Order dated April 26, 2024 | PDF · Subscribers | |
Factum of the Monitor dated April 2, 2204
| PDF · Subscribers | |
| Motion Record of the Monitor dated April 4, 2024 | PDF · 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, 2024 | PDF · Subscribers | |
| Supplement to the Fifth Report of the Monitor dated March 20, 2024 | PDF · Subscribers | |
| Fifth Report of the Monitor dated March 11, 2024 | PDF · Subscribers | |
| Motion Record of the Monitor dated March 11, 2024 | PDF · Subscribers | |
BioSteel - Service List as at February 28, 2024
| PDF · Subscribers | |
Endorsement of Justice Wilton-Siegel dated February 23, 2024
| PDF · Subscribers | |
Remaining Inventory Sale Transaction Order dated February 23, 2024
| PDF · Subscribers | |
| Fourth Report of the Monitor dated February 17, 2024 | PDF · Subscribers | |
| Motion Record of the Monitor dated February 17, 2024 | PDF · Subscribers | |
| BioSteel 109 - Distribution Recognition Order dated December 22, 2023 | PDF · Subscribers | |
Distribution Stay Extension and Expansion of Powers Order dated December 14, 2023
| PDF · Subscribers | |
Endorsement of Justice Steele dated December 14, 2023
| PDF · Subscribers | |
| Third Report of the Monitor dated December 12, 2023 | PDF · Subscribers | |
| Motion Record of the Applicants dated December 7, 2023 | PDF · Subscribers | |
| Recognition Order dated November 30, 2023 | PDF · Subscribers | |
| Sale Approval Order dated November 30, 2023 | PDF · Subscribers | |
| Sale Approval Order re BioSteel Manufacturing LLC dated November 30, 2023 | PDF · Subscribers | |
| Ancillary Relief Order dated November 16, 2023 | PDF · Subscribers | |
Approval and Vesting Order dated November 16, 2023
| PDF · Subscribers | |
Manufacturing Approval and Vesting Order dated November 16, 2023
| PDF · Subscribers | |
| Second Report of the Monitor dated November 14, 2023 | PDF · Subscribers | |
| Motion Record of the Applicant dated November 10, 2023 | PDF · Subscribers | |
| Recognition Order dated October 11, 2023 | PDF · Subscribers | |
| Amended and Restated Initial Order dated September 21, 2023 | PDF · Subscribers | |
Endorsement Justice Cavanagh dated September 21, 2023
| PDF · Subscribers | |
| Motion Record returnable September 21, 2023 | PDF · Subscribers | |
SISP Approval Order dated September 21, 2023
| PDF · Subscribers | |
| Factum of the Applicant dated September 19, 2023 | PDF · Subscribers | |
| First Report of the Monitor dated September 19, 2023 | PDF · Subscribers | |
| Provisional Relief Order dated September 19, 2023 | PDF · Subscribers | |
Scheduling Order dated September 19, 2023
| PDF · Subscribers | |
| Application Record dated September 14, 2023 | PDF · Subscribers | |
| CCAA Notice to Creditors dated September 14, 2023 | PDF · Subscribers | |
Endorsement Justice Cavanagh dated September 14, 2023
| PDF · Subscribers | |
| Factum of the Applicant dated September 14, 2023 | PDF · Subscribers | |
Initial Order dated September 14, 2023
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor dated September 14, 2023 | PDF · Subscribers | |
| Affidavit of Sarah S. Eskandari sworn September 13, 2023 | PDF · Subscribers | |
Preliminary list of creditors as at September 13, 2023
| 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