Proceedings.

Custom Ag et al.

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Proceeding
Receivership (court-appointed)section 47(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, section 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2, and section 10-5(1) of The King's Bench Act, SS 2023, c 28
File
KBG-SA-01031-2024
Filings held27
Last activity19 Dec 2025
On the record791 days
Secured debtSubscribers
OverviewSummary updated

Custom Ag et al. has been in court-appointed receivership since 5 September 2024, when the Court of King's Bench for Saskatchewan made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The order was granted in Chambers by Justice A.R. Rothery. The proceeding is carried on the Court of King's Bench file numbered KBG-SA-01031-2024 and remains active. The record before this page contains no steps after the appointment date.

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Case updates27 dated entries
#Report

The officer filed report no. Third Report. The Debtors ceased business operations and terminated employees prior to the Receiver's appointment; the Receiver has since been marketing and selling the Companies' remaining real properties (Culver, Sedley, and Inland Drive) and liquidating remaining assets via auction, with no ongoing business operations.

Source: Third Report of the Receiver - Dated Aug 13, 2025

#Sale

The court granted an approval and vesting order for the sale to Eric's Autobody (2016) Inc. Closing terms, as extracted: Upon the Receiver determining that the Transaction has closed to its satisfaction, the Receiver shall deliver to the Purchaser a Receiver's Certificate.

Source: Sale Approval Order - Dated Mar 6, 2025

#Report

The officer filed report no. Second Report. The Companies are no longer operating; CAII's employees were terminated in 2024 and the Receiver is winding down the estate through environmental remediation, tax filings, and the marketing/sale of the Industrial Drive Property.

Source: Second Report of the Receiver - Dated Feb 28, 2025

#Sale

The court granted an approval and vesting order for the sale to the Debtors' Personal Property purchased by the Auction Purchasers through the Auction. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfactory completion of Auction Sales. Sealed: First Confidential Supplement and schedules thereto.

Source: Auction Approval Order – Dated Nov 7, 2024

#Report

The officer filed report no. First Report. The Companies have ceased operations; the Receiver has secured the properties, conducted inventory counts, filed WEPP claims for former employees, and is running an auction process to liquidate remaining raw materials, finished goods and personal property.

Source: First Report of the Receiver - Dated Nov 1, 2024

Parties

Debtor

Custom Ag et al.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice ElsonCourt of King's Bench for Saskatchewan2 orders, Mar 202517 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDOMcDougall Gauley LLP3 Mar 2025Application · 3 Mar 2025
ApplicantCanadian Imperial Bank of CommerceMcKercher LLP20 Feb 2025Application · 20 Feb 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanadian Imperial Bank of Commerce (CIBC) · in 72 casesTotal aggregate amount owing under the Custom Ag Credit Agreement and Bermman Haven Credit Agreement, per Parikh Affidavit — debtor: Custom Agriculture Intelligence Incorporated and Bermman Haven Incorporated · as of 9 Jul 2024$6.46MFirst Report of the Interim Receiver

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Sale processAs stated in the filings

7 transactions · 3 not completed · 2 approved · 1 proposed · 1 closed — Receiver recommends sale of Industrial Drive Property to EAI, pending court approvalSecond Report of the Receiver - Dated Feb 28, 2025 · 28 Feb 2025

PurchaserPriceStatusSource
Auction Purchasers - end purchasers at auction, unnamedthe Debtors' Personal Property purchased by the Auction Purchasers through the Auction · auctionSubscribersApproved7 Nov 2024Auction Approval Order – Dated Nov 7, 2024
101295875 Saskatchewan Ltd.the Industrial Drive Property · real propertySealedNot completedSecond Report of the Receiver - Dated Feb 28,…
Eric's Autobody (2016) Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 23 Jan 2025SubscribersApproved6 Mar 2025Sale Approval Order - Dated Mar 6, 2025
MDL Real Estate Income Fund GP Inc.the property · real property · agreement 7 Aug 2025not statedProposedThird Report of the Receiver - Dated Aug 13,…
Stockdales Prairie Development Limitedthe Culver Property · real property · agreement 31 Jan 2025not statedNot completedThird Report of the Receiver - Dated Aug 13,…
Bergen Offer for the Culver Property, withdrawnthe Culver Property · real property · agreement 19 Nov 2024not statedNot completedThird Report of the Receiver - Dated Aug 13,…
buyer of the BHI Lots, unnamedthe BHI Lots · real propertynot statedCloseddate not statedThird Report of the Receiver - Dated Aug 13,…
AdvisorsMcDougall Auctioneers Ltd. (auctioneer); CIR Commercial Realty Inc. (listing broker); Colliers (listing broker); John Chung of Royal LePage (listing broker); RE/MAX Crown Real Estate (listing broker)Third Report of the Receiver - Dated Aug 13, 2025
Closing termsUpon the Receiver determining that the Transaction has closed to its satisfaction, the Receiver shall deliver to the Purchaser a Receiver's CertificateSale Approval Order - Dated Mar 6, 2025
Sealed materialsFirst Confidential Supplement and schedules theretoAuction Approval Order – Dated Nov 7, 2024
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: BDO Canada Limited, 19 Sep 2024 – 31 Jul 2025Third Report of the Receiver · 13 Aug 2025

FirmPeriodHoursFeesRatesSource
BDO Canada LimitedReceiver19 Sep 2024 – 31 Jul 2025——Third Report of the Receiver · 13 Aug 2025
Cuelenaere LLPCounsel to the receiver—Sought——not statedThird Report of the Receiver · 13 Aug 2025

1 blurred figure above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cumulative receipts

$2.43M

As at 13 Aug 2025Third Report of the Receiver - Dated Aug 13, 2025

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

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

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Documents
27 filings
DateDocumentFile
Order - Dated Dec 19, 2025PDF · Subscribers
Brief of Law - Dated Aug 19, 2025PDF · Subscribers
Interim Distribution Order - Dated Aug 19, 2025
  • Presiding officer Justice C.D. Clackson
PDF · Subscribers
Notice of Application - Interim Distribution - Dated Aug 15, 2025
  • Counsel McDOUGALL GAULEYLLP
PDF · Subscribers
Third Report of the Receiver - Dated Aug 13, 2025
  • Closing confirmed Closed · date not stated
  • Cash on hand · Disbursements · Fee schedule Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Second 243 Amended and Restated Receivership Order - Dated Mar 7, 2025
  • Presiding officer Justice R.W. Elson
PDF · Subscribers
Brief of Law - Sale Approval and Vesting - Dated Mar 6, 2025
  • Counsel How: operator-correction · Firm: McKercher LLP · Firm party id: 140fa99e-7438-4389-8967-be4c1414441f
PDF · Subscribers
Sale Approval Order - Dated Mar 6, 2025
  • Closing terms Upon the Receiver determining that the Transaction has closed to its satisfaction, the Receiver shall deliver to the Purchaser a Receiver's Certificate
  • Order date 6 March 2025
  • Presiding officer Justice R.W. Elson
  • Purchaser Eric's Autobody (2016) Inc. · the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • + 1 more extracted fact
PDF · Subscribers
Affidavit of Craig Frith – Dated March 3, 2025
PDF · Subscribers
Notice of Application - Sale Approval - Dated Mar 3, 2025
  • Counsel McDOUGALL GAULEY LLP
PDF · Subscribers
Second Report of the Receiver - Dated Feb 28, 2025
  • Operational summary The Companies are no longer operating; CAII's employees were terminated in 2024 and the Receiver is winding down the estate through environmental remediation, tax filings, and the marketing/sale of the Industrial Drive Property.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Brief of Law on Foreclosed Lands - Dated Feb 27, 2025PDF · Subscribers
Civil Chambers Appearance Memo - Dated Feb 27, 2025PDF · Subscribers
Notice of Application - Dated Feb 20, 2025
  • Counsel McKERCHER LLP
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Auction Approval Order – Dated Nov 7, 2024
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfactory completion of Auction Sales
  • Order date 7 November 2024
  • Presiding officer Justice D.G. Gerecke
  • Purchaser Auction Purchasers - end purchasers at auction, unnamed · the Debtors' Personal Property purchased by the Auction Purchasers through the Auction · auction · approved
  • + 4 more extracted facts
PDF · Subscribers
Procedural Consolidation Order - Dated Nov 7, 2024PDF · Subscribers
First Report of the Receiver - Dated Nov 1, 2024
  • Operational summary The Companies have ceased operations; the Receiver has secured the properties, conducted inventory counts, filed WEPP claims for former employees, and is running an auction process to liquidate remaining raw materials, finished goods and personal property.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver - Bermman HavenPDF · Subscribers
Notice and Statement of the Receiver - Bermman MicronutientsPDF · Subscribers
Notice and Statement of the Receiver - Custom AgriculturePDF · Subscribers
Notice and Statement of the Receiver - Green ChemPDF · Subscribers
Amended and Restated Receivership Order – Dated October 4, 2024PDF · Subscribers
Second Report of the Interim Receiver
PDF · Subscribers
Amended Interim Receivership Order – Dated September 19, 2024
  • Applicant Canadian Imperial Bank of Commerce
  • Appointee BDO Canada Limited
  • Appointee role Interim Receiver
  • Court COURT OF KING'S BENCH FOR SASKATCHEWAN
  • + 1 more extracted fact
PDF · Subscribers
Receivership Order – Dated September 19, 2024PDF · Subscribers
First Report of the Interim Receiver
PDF · Subscribers
Interim Receivership Order – Dated September 5, 2024
  • Applicant Canadian Imperial Bank of Commerce
  • Appointee BDO Canada Limited
  • Appointee role Interim Receiver
  • Commencement date 5 September 2024
  • + 3 more extracted facts
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., “Custom Ag et al.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/custom-ag-et-al

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/custom-ag-et-al

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.