Proceedings.

Black Press Ltd.

Filings held35
Last activity25 Jun 2024
On the record1,025 days
Secured debtSubscribers
OverviewSummary updated

Black Press Ltd. obtained an initial order under the CCAA from the Supreme Court of British Columbia on 15 January 2024, in court file S-240259, with the order date fixed as the commencement of proceedings for Black Press and its affiliated applicants. The creditor list filed in the proceedings records secured claims stated at $73,160,332.71, led by Canso Investment Counsel Ltd at $61,547,716.71, with Servus Credit Union at $6,808,384.00, Vancouver City Savings Credit Union at $3,325,506.00 and Coast Capital Savings Federal Credit Union at $1,478,726.00. Unsecured and other claims across 215 rows are stated at $63,737,549.91 in total CAD, the largest being the Pension Benefit Guaranty Corporation at USD $44,000,000.00, converted in the schedule to CAD $59,118,400.00. No asset values appear. The file is recorded as closed.

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Case updates35 dated entries
#Order

Initial order granted, commencing CCAA proceedings for Black Press Ltd. and its affiliated applicants in the Supreme Court of British Columbia and fixing 15 January 2024 as the Order Date.

Source: Initial Order dated January 15, 2024

Parties

Debtor

Black Press Ltd.

Monitor

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice StephensSupreme Court of British Columbia5 orders, Jan 2024 – Apr 202417 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorKSVOsler, Hoskin & Harcourt LLP28 Feb 2024Service list · 28 Feb 2024
ApplicantBlack Press Ltd.Cassels Brock & Blackwell LLP · Thompson Hine LLP28 Feb 2024Service list · 28 Feb 2024
CreditorCanadian Imperial Bank of CommerceBlake, Cassels & Graydon LLP28 Feb 2024Service list · 28 Feb 2024
CreditorCanso Investment Counsel LtdBennett Jones LLP28 Feb 2024Service list · 28 Feb 2024
CreditorCoast Capital Savings Federal Credit UnionOwen Bird Law Corporation28 Feb 2024Service list · 28 Feb 2024
CreditorCoastal Community BankBush Kornfeld LLP28 Feb 2024Service list · 28 Feb 2024
CreditorCWA CanadaCAVALLUZZO HAYES SHILTON McINTYRE & CORNISH LLP28 Feb 2024Service list · 28 Feb 2024
CreditorElite Lithographers LtdParlee McLaws LLP28 Feb 2024Service list · 28 Feb 2024
CreditorMetroland Media GroupMerritt Newspapers LLP15 Jan 2024Application · 15 Jan 2024
CreditorServus Credit UnionDentons Canada LLP28 Feb 2024Service list · 28 Feb 2024
CreditorUnited States of AmericaBorden Ladner Gervais LLP28 Feb 2024Service list · 28 Feb 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredCANSO INVESTMENT COUNSEL LTDListed under SECURED on the CCAA creditor list; the security is not described. — debtor: Black Press Ltd. and affiliated applicants$61.5MList of Creditors as at January 15, 2024
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

218 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Trustee's Report on Preliminary Administration · 25 Jun 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecured146 BC's creditors—no distributionper the trusteeTrustee's Report on Preliminary Administration · 25 Jun 2024

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

2 engagements · 2 firms — latest: KSV Restructuring Inc., 1 Dec 2023 – 25 Mar 2024, soughtThird Report of the Monitor · 5 Apr 2024

FirmPeriodHoursFeesRatesSource
KSV Restructuring Inc.Monitor1 Dec 2023 – 25 Mar 2024Sought5 peopleThird Report of the Monitor · 5 Apr 2024
5 people — KSV Restructuring Inc., 1 Dec 2023 – 25 Mar 2024 · 18 blurred figures
NameTitleHoursRateFees
Maha Shah—
Prajwol Bhandary—
Eli Brenner—
Jason Knight—
Noah Goldstein—
Other Staff and Administrative—
Osler, Hoskin & Harcourt LLPCounsel31 Jan – 22 Mar 2024—19 peopleThird Report of the Monitor · 5 Apr 2024
19 people — Osler, Hoskin & Harcourt LLP, 31 Jan – 22 Mar 2024 · 38 blurred figures
NameTitleHoursRateFees
Marc WassermanPartner—
Marc WassermanPartner—
Mary ButteryPartner—
Mary ButteryPartner—
David RosenblatPartner—
Kelsey ArmstrongPartner—
Bavia BisettyPartner—
Martha MartindalePartner—
David RosenblatPartner—
Martha MartindalePartner—
Blair McRaduAssociate—
Ben MullerAssociate—
Michael PedeAssociate—
Tiffany SunAssociate—
Chloe DuggalAssociate—
Chloe DuggalAssociate—
Tiffany SunAssociate—
Leonie EilersArticling Student—
Julie HarveyParaprofessional—

61 blurred figures above

What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
35 filings
DateDocumentFile
Notice of Bankruptcy and First Meeting of CreditorsPDF · Subscribers
Trustee's Report on Preliminary Administration dated June 25, 2024
  • Recovery outcome Entries: per unstated · Stated on: 2024-06-25 · Table missing:
PDF · Subscribers
Order Closing Cases dated April 17, 2024PDF · Subscribers
CCAA Termination Order dated April 9, 2024
  • Presiding officer Justice Stephens
PDF · Subscribers
Third Report of the Monitor dated April 5, 2024
PDF · Subscribers
Notice of Application re CCAA Termination dated April 3, 2024PDF · Subscribers
Notice to Creditors dated March 26, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion to Close Chapter 15 Cases dated March 15, 2024
  • Recovery outcome Entries: per unstated · Table missing:
PDF · Subscribers
Ancillary Order dated March 11, 2024
  • Presiding officer Justice Stephens
PDF · Subscribers
Approval and Vesting Order dated March 11, 2024
  • Presiding officer Justice Stephens
PDF · Subscribers
March 11, 2024 Hearing LinkPDF · Subscribers
Second Report of the Monitor dated March 5, 2024
  • Recovery outcome Entries: per liquidation_alternative · Stated on: 2024-03-05 · Table missing:
PDF · Subscribers
Affidavit #2 of Christopher Hargreaves affirmed March 4, 2024PDF · Subscribers
Notice of Application dated March 4, 2024PDF · Subscribers
Notice to Stakeholders dated March 4, 2024PDF · Subscribers
Service List dated February 28, 2024
  • Counsel Thompson Hine LLP
PDF · Subscribers
Recognition Order dated February 14, 2024PDF · Subscribers
Order Granting SISP Motion dated February 7, 2024PDF · Subscribers
Stalking Horse Transaction Agreement dated February 7, 2024PDF · Subscribers
Limited Objection of The Pension Benefit Guaranty Corporation dated February 6, 2024PDF · Subscribers
Amended and Restated Initial Order dated January 25, 2024
  • Presiding officer Justice Stephens
PDF · Subscribers
Motion to Approve SISP Order dated January 25, 2024PDF · Subscribers
SISP Approval Order dated January 25, 2024PDF · Subscribers
First Report of the Monitor dated January 22, 2024PDF · Subscribers
Notice to Creditors dated January 19, 2024PDF · Subscribers
Notice of Application re ARIO dated January 18, 2024PDF · Subscribers
Temporary Restraining Order dated January 16, 2024PDF · Subscribers
Initial Order dated January 15, 2024
  • Commencement date 15 January 2024
  • Court file no S-240259
  • Presiding officer Justice Stephens
PDF · Subscribers
List of Creditors as at January 15, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion for Joint Administration dated January 15, 2024
  • Counsel Merritt Newspapers LLP
PDF · Subscribers
Motion for Provisional Relief dated January 15, 2024PDF · Subscribers
Affidavit of Christopher Hargreaves affirmed January 12, 2024PDF · Subscribers
Affidavit of Hayley Roberts affirmed January 12, 2024PDF · Subscribers
Petition Record returnable January 15, 2024PDF · Subscribers
Pre-filing Report of the Proposed Monitor dated January 12, 2024PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Black Press Ltd.” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/black-press-ltd

Sources last checked · summary updated 18 August 2026 · Report a correction · Printed from proceedings.ca/case/black-press-ltd

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.