Cover Industries Inc.
Follow- Proceeding
- NOISection 50.4(9) of the Bankruptcy and Insolvency Act
- Court
- Superior Court of Québec · Commercial Division
- File
- 500-11-049142-157
Cover Industries Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Superior Court of Québec (Commercial Division), carried under court file number 500-11-049142-157. The proceeding was commenced on July 16, 2015, on an application filed that day, and remains active on the record. Beyond the commencement of the proceeding, the record before this page contains no further dated steps: no subsequent orders, reports or hearings have been entered. Creditors and counsel following the file should treat the July 16, 2015 commencement as the last recorded milestone in Quebec.
A claims procedure has been established — see the order for deadlines.
Per the Amended Order Establishing a Claims Process dated 17 December 2015.
32 earlier updates, back to 16 July 2015 — subscribers.
Debtor
Cover Industries Inc.
Proposal trustee
Deloitte
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Jeld-Wen of Canada Ltd · in 2 casesacceptance provisoire (note 1); montant réclamé: 7483422 — debtor: Industries Cover Inc. · as of 26 Jan 2016 | $3.98M | List of Accepted Claims (or Temporarily Accepted Claims for Voting Purposes) |
3 transactions · 2 closed · 1 approved — Le tableau ci-dessous illustre les résultats du processus de vente mené par la SociétéNotice of Proposal to Creditors, Proposal and Trustee Report of the… · 22 Jan 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 9309-2286 Québec Inc.Cover's shares in Thermos Rive-Nord Inc. · share sale | not stated | Closed13 Aug 2015 | Trustee's Report on the Sale of Certain Assets |
| Novatech Group Inc.Petitioner's assets described in the Asset Purchase Agreement (Exhibit R-1) (the "Purchased Assets") · asset sale · agreement 20 Aug 2015 | Subscribers | Closed | Order Approving the Sale of Assets and Vesting… |
| André Degrace and Maurice GauvinPetitioner's shares in Vitrerie Novy Glass Ltd. · share sale | not stated | Approved8 Oct 2015 | Order Approving the Sale of Certain Assets… |
Unsecured creditors: a distribution.Under the planMotion for the Approval of a Proposal · 22 Jan 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planper the trustee | Motion for the Approval of a Proposal · 22 Jan 2016 |
| Secured | — | — | paid in full | Under the planper the trustee | Motion for the Approval of a Proposal · 22 Jan 2016 |
| Preferred | — | — | paid in full | Under the planper the trustee | Motion for the Approval of a Proposal · 22 Jan 2016 |
| Unsecured | Unsecured Creditors with claims above $10k (Proposal scenario) | — | a distributionconditional | Under the planper the trustee | Motion for the Approval of a Proposal · 22 Jan 2016 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$7.15M
As at 22 Jan 2016Notice of Proposal to Creditors, Proposal and Trustee Report of the Insolvent Person's Business and Financial Affairs
| Date | Document | File |
|---|---|---|
| Notice of Application for Discharge of Trustee | PDF · Subscribers | |
| Order on the Motion for the Appproval of a Proposal | PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
Motion for the Approval of a Proposal
| PDF · Subscribers | |
List of Accepted Claims (or Temporarily Accepted Claims for Voting Purposes)
| PDF · Subscribers | |
Notice of Proposal to Creditors, Proposal and Trustee Report of the Insolvent Person's Business and Financial Affairs
| PDF · Subscribers | |
Order Approving the Fourth Extension to January 16, 2016
| PDF · Subscribers | |
Order Approving the Third Extension to December 23, 2015
| PDF · Subscribers | |
| Amended Order Establishing a Claims Process | PDF · Subscribers | |
| Trustee's Fourth Report on the State of Affairs | PDF · Subscribers | |
| Motion for the Issuance of an Order for a Fourth Extension of the Stay Period | PDF · Subscribers | |
Order Approving the Second Extension to November 11, 2015
| PDF · Subscribers | |
| Trustee's Third Report on the State of Affairs | PDF · Subscribers | |
| Motion for the Issuance of an Order for a Third Extension of the Stay Period | PDF · Subscribers | |
Order Approving the Sale of Certain Assets Purged of any Security, Charge or Restriction
| PDF · Subscribers | |
| Motion for Authorization to Sell Certain Assets Purged of any Security, Charge or Restriction | PDF · Subscribers | |
Order Approving the First Extension to September 27, 2015
| PDF · Subscribers | |
| Notice of an Order Establishing a Claims Process | PDF · Subscribers | |
| Trustee's Second Report on the State of Affairs | PDF · Subscribers | |
| Motion for the Issuance of an Order for a Second Extension of the Stay Period | PDF · Subscribers | |
| Order Establishing a Claims Process | PDF · Subscribers | |
| Motion and Directives for a Claims Process | PDF · Subscribers | |
Order Approving the Sale of Assets and Vesting Order
| PDF · Subscribers | |
Rectified Order on the Order to Authorize the Sale of Assets of August 26, 2015
| PDF · Subscribers | |
| Motion for the Issuance of an Order Approving the Sale of Assets and a Vesting Order | PDF · Subscribers | |
| Motion for the Issuance of an Rectified Order to Authorize the Sale of Assets (see Motion dated August 25, 2015) | PDF · Subscribers | |
Trustee's Report on the Sale of Certain Assets
| PDF · Subscribers | |
| Notice to Creditors for an extension | PDF · Subscribers | |
Trustee's Amended Report on the Sale of Certain Assets
| PDF · Subscribers | |
Trustee's First Report on the State of Affairs
| PDF · Subscribers | |
Motion for the Issuance of an Order Extending the Stay Period
| PDF · Subscribers | |
| Order Approving an Interim Financing and Priority Charges | PDF · Subscribers | |
Motion for the Issuance of an Order Approving an Interim Financing and Priority Charges
| PDF · Subscribers | |
| Notice of Intention to make a Proposal | PDF · Subscribers | |
Trustee Report on Cash Flow Statement and Cash Flow Statement
| 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., “Cover Industries Inc.” (NOI), Superior Court of Québec · Commercial Division. Retrieved 20 September 2026, https://proceedings.ca/case/cover-industries-inc