Black Press Ltd.
- Proceeding
- CCAACCAA
- File
- S-240259
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.
Notice of Application re CCAA Termination dated April 3, 2024 — Application / notice of application
Limited Objection of The Pension Benefit Guaranty Corporation dated February 6, 2024 — Response / objection pleading
Amended and Restated Initial Order dated January 25, 2024 — Amended and restated initial 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.
Debtor
Black Press Ltd.
Monitor
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Stephens | Supreme Court of British Columbia | 5 orders, Jan 2024 – Apr 2024 | 17 cases on record |
Counsel of record
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | CANSO INVESTMENT COUNSEL LTDListed under SECURED on the CCAA creditor list; the security is not described. — debtor: Black Press Ltd. and affiliated applicants | $61.5M | List of Creditors as at January 15, 2024 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
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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See all plansUnsecured creditors: no distribution.Trustee's Report on Preliminary Administration · 25 Jun 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | 146 BC's creditors | — | no distribution | per the trustee | Trustee'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.
2 engagements · 2 firms — latest: KSV Restructuring Inc., 1 Dec 2023 – 25 Mar 2024, soughtThird Report of the Monitor · 5 Apr 2024
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KSV Restructuring Inc.Monitor | 1 Dec 2023 – 25 Mar 2024Sought | 5 people | Third Report of the Monitor · 5 Apr 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5 people — KSV Restructuring Inc., 1 Dec 2023 – 25 Mar 2024 · 18 blurred figures
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| Osler, Hoskin & Harcourt LLPCounsel | 31 Jan – 22 Mar 2024 | — | 19 people | Third Report of the Monitor · 5 Apr 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
19 people — Osler, Hoskin & Harcourt LLP, 31 Jan – 22 Mar 2024 · 38 blurred figures
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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See all plansAs at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
Trustee's Report on Preliminary Administration dated June 25, 2024
| PDF · Subscribers | |
| Order Closing Cases dated April 17, 2024 | PDF · Subscribers | |
CCAA Termination Order dated April 9, 2024
| PDF · Subscribers | |
Third Report of the Monitor dated April 5, 2024
| PDF · Subscribers | |
| Notice of Application re CCAA Termination dated April 3, 2024 | PDF · Subscribers | |
Notice to Creditors dated March 26, 2024
| PDF · Subscribers | |
Motion to Close Chapter 15 Cases dated March 15, 2024
| PDF · Subscribers | |
Ancillary Order dated March 11, 2024
| PDF · Subscribers | |
Approval and Vesting Order dated March 11, 2024
| PDF · Subscribers | |
| March 11, 2024 Hearing Link | PDF · Subscribers | |
Second Report of the Monitor dated March 5, 2024
| PDF · Subscribers | |
| Affidavit #2 of Christopher Hargreaves affirmed March 4, 2024 | PDF · Subscribers | |
| Notice of Application dated March 4, 2024 | PDF · Subscribers | |
| Notice to Stakeholders dated March 4, 2024 | PDF · Subscribers | |
Service List dated February 28, 2024
| PDF · Subscribers | |
| Recognition Order dated February 14, 2024 | PDF · Subscribers | |
| Order Granting SISP Motion dated February 7, 2024 | PDF · Subscribers | |
| Stalking Horse Transaction Agreement dated February 7, 2024 | PDF · Subscribers | |
| Limited Objection of The Pension Benefit Guaranty Corporation dated February 6, 2024 | PDF · Subscribers | |
Amended and Restated Initial Order dated January 25, 2024
| PDF · Subscribers | |
| Motion to Approve SISP Order dated January 25, 2024 | PDF · Subscribers | |
| SISP Approval Order dated January 25, 2024 | PDF · Subscribers | |
| First Report of the Monitor dated January 22, 2024 | PDF · Subscribers | |
| Notice to Creditors dated January 19, 2024 | PDF · Subscribers | |
| Notice of Application re ARIO dated January 18, 2024 | PDF · Subscribers | |
| Temporary Restraining Order dated January 16, 2024 | PDF · Subscribers | |
Initial Order dated January 15, 2024
| PDF · Subscribers | |
List of Creditors as at January 15, 2024
| PDF · Subscribers | |
Motion for Joint Administration dated January 15, 2024
| PDF · Subscribers | |
| Motion for Provisional Relief dated January 15, 2024 | PDF · Subscribers | |
| Affidavit of Christopher Hargreaves affirmed January 12, 2024 | PDF · Subscribers | |
| Affidavit of Hayley Roberts affirmed January 12, 2024 | PDF · Subscribers | |
| Petition Record returnable January 15, 2024 | PDF · Subscribers | |
| Pre-filing Report of the Proposed Monitor dated January 12, 2024 | 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., “Black Press Ltd.” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/black-press-ltd