Proceedings.

Black Press Ltd.

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Closed
Proceeding
CCAACCAA
File
S-240259
Filings held35
Last activity25 Jun 2024
On the record980 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

32 earlier updates, back to 15 January 2024 subscribers.

Parties

Debtor

Black Press Ltd.

Monitor

AlixPartners

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCANSO 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
218 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

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

ClassCreditorClaimsRecoveryBasisSource
Unsecured146 BC's creditorsno 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 firmslatest: KSV Restructuring Inc., 1 Dec 2023 – 25 Mar 2024Third 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
Osler, Hoskin & Harcourt LLPCounsel31 Jan – 22 Mar 202419 peopleThird Report of the Monitor · 5 Apr 2024
78 stated figures across 2 engagements, each sourcedSubscribe to view
Estate financialsReported figures — never derived

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

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, 2024PDF · 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, 2024PDF · Subscribers
Approval and Vesting Order dated March 11, 2024PDF · 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, 2024PDF · 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, 2024PDF · 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
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, 2024PDF · Subscribers
Motion for Provisional Relief dated January 15, 2024PDF · Subscribers
Petition Record returnable January 15, 2024PDF · Subscribers
Affidavit of Christopher Hargreaves affirmed January 12, 2024PDF · Subscribers
Affidavit of Hayley Roberts affirmed January 12, 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 20 September 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.