Central Garage Limited, CGL Auto Inc. and 613586 NB Ltd.
Follow- Proceeding
- Receivership (court-appointed)Section 33 of the Judicature Act, R.S.N.B. 1973, c. J-2, Rule 41 of the Rules of Court, N.B. Reg 82-73 and Section 243 of the Bankruptcy and Insolvency Act
- File
- SJM 246 2024
Central Garage Limited, CGL Auto Inc. and 613586 NB Ltd. have been the subject of proceedings under the Bankruptcy and Insolvency Act since 27 November 2024, when a receivership order was granted in the Court of King's Bench of New Brunswick. The matter carries court file number SJM 246 2024. The proceeding remains active, and the record shows no further steps beyond the order made on the commencement date.
The officer filed report no. Fourth Report. The Receiver continued winding down the Company's real estate and asset holdings, closing most tender sale transactions, negotiating the sale of the remaining residual real property, and managing ongoing matters with FCA, CIBC, and environmental authorities.
Source: Fourth Report of the Receiver
21 earlier updates, back to 27 November 2024 — subscribers.
Debtor
Central Garage Limited, CGL Auto Inc. and 613586 NB Ltd.
Receiver
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Imperial Bank of Commerce · in 67 casesdebtor: 613586 NB Ltd. · as of 27 Nov 2024 | $266K | 613586 NB Ltd Notice and Statement of the Receiver 245-246 Notice |
6 transactions · 3 closed · 2 not completed · 1 proposed — Tender Sale Process transactions largely closed; Parcel 3C at risk of not closing; residual properties being separately marketedFourth Report of the Receiver · 2 Dec 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Maynards Industries Ltd.Parcel 2B and Parcel 4A - 4CC · auction | Subscribers | Proposed | Third Report of the Receiver |
| RCGP48 Notre Dame · real property | Subscribers | Closeddate not stated | Third Report of the Receiver |
| E3N SalesParcel 3B and Parcel 3D · asset sale | not stated | Not completeddate not stated | Fourth Report of the Receiver |
| E3N SalesParcel 3C · asset sale | not stated | Not completed | Fourth Report of the Receiver |
| Highlander Investments Inc.Tender Sale Process assets · asset sale | not stated | Closeddate not stated | Fourth Report of the Receiver |
| Maynard Industries Ltd.Parcel 2B comprised of building contents located at 74-76 Notre Dame Street, Atholville, NB and Parcel 4A - 4CC comprised of twenty-nine (29) vehicles · asset sale | not stated | Closeddate not stated | Fourth Report of the Receiver |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Fourth Activities Approval Order & Increase of Transaction Thresholds | PDF · Subscribers | |
Fourth Report of the Receiver
| PDF · Subscribers | |
| Auction Agreement Order | PDF · Subscribers | |
Sale Approval Order
| PDF · Subscribers | |
| Third Activities Order | PDF · Subscribers | |
Third Report of the Receiver
| PDF · Subscribers | |
| Central Garage Limited, CGL Auto Inc. and 613586 NB Ltd - Tender Information Package | PDF · Subscribers | |
| 2nd Activities Approval Order | PDF · Subscribers | |
| Confidentiality Order | PDF · Subscribers | |
| Sale Approval & Vesting Order | PDF · Subscribers | |
| Tender Sales Process Approval Order | PDF · Subscribers | |
| Affidavit of Carolyn Bennett | PDF · Subscribers | |
Second Report of the Receiver dated May 15, 2025
| PDF · Subscribers | |
| Activities Approval Order | PDF · Subscribers | |
| Order Approving Repurchase Transactions | PDF · Subscribers | |
Affidavit of Carolyn Bennett sworn February 21, 2025
| PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
| Motion Brief | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
| Service List as of February 21, 2025 | PDF · Subscribers | |
613586 NB Ltd Notice and Statement of the Receiver 245-246 Notice
| PDF · Subscribers | |
| CGL Auto Inc Notice and Statement of the Receiver 245-246 Notice | PDF · Subscribers | |
| Central Garage Limited Notice and Statement of the Receiver 245-246 Notice | PDF · Subscribers | |
Receivership Order
| 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., “Central Garage Limited, CGL Auto Inc. and 613586 NB Ltd.” (Receivership (court-appointed)), Court of King's Bench of New Brunswick. Retrieved 20 September 2026, https://proceedings.ca/case/central-garage-limited-cgl-auto-inc-and-613586-nb-ltd