Proceedings.

DecisionOne (Canada)

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Active
Proceeding
NOIsubsection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
File
31-2946538
Filings held17
Last activity3 Aug 2023
On the record1,221 days
OverviewSummary updated

DecisionOne (Canada) filed a notice of intention under BIA s. 50.4. A Statement of Affairs sworn by officer Jeffrey T. Varsalone, as at July 20, 2023, listed total assets of $0.00 against total liabilities of $82,342,943.43, for a stated deficiency of $82,342,943.43. The officer recorded no secured or preferred claims. Unsecured claims listed included $58,194,613.62 owed to White Oak Global Advisors, LLC and Fiera Comox Private Credit Opportunities Open-End Fund L.P., $19,922,766.39 owed to affiliate DecisionOne Corporation (Delaware), $3,456,997.00 to the Department of National Defense, $668,266.55 to Dispatchus, Inc., and smaller trade claims, with tax and regulatory claims listed at nil.

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Case updates14 dated entries · 3 undated

11 earlier updates, back to 19 May 2023 subscribers.

Undated filings3 — no date appears on the document · show

3 filings carry no date on their face — subscribers.

Parties

Debtor

DecisionOne (Canada)

Proposal trustee

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice PennyOntario Superior Court of Justice2 orders, Jun 2023179 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeKPMGStikeman Elliott LLPService list
DebtorDecisionOne (Canada)Norton Rose Fulbright Canada LLP5 Jun 2023Factum · 5 Jun 2023
CreditorPeopleToGo, D1Pallet Valo LLP5 Jun 2023Endorsement · 5 Jun 2023
CreditorSantanu ChowdhuryMarkowitz, LLPService list
CreditorTerm Facility Agent, White Oak Global Advisors, LLCMcCarthy Tétrault LLPService list
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredWhite Oak Global Advisors, LLC and Fiera Comox Private Credit Opportunities Open-End Fund L.P.Listed as unsecured claim; List "B" Secured Creditors shows nil, so no security recorded against this claim in this filing — debtor: DecisionOne Corporation · as of 20 Jul 2023$58.2MNotice to creditors

16 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale approvedSale procedures and stalking horse agreement approved, vesting to occur upon Trustee's CertificateSales Procedures and Stalking Horse Approval and Vesting Order dated… · 5 Jun 2023

PurchaserPriceStatusSource
STC Lender LPStalking horsethe Purchased Assets · asset sale · agreement 22 May 2023SubscribersClosed22 Jun 2023outside 19 Jul 2023Trustee's Certificate dated June 22, 2023
AdvisorsKPMG Inc. (sale agent)Sale Procedures
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Report to the First Meeting of Creditors on Preliminary… · 19 May 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecuredcreditors of D1 Canadano distributionEstimatedper the trusteeTrustee's Report to the First Meeting of Creditors on Preliminary… · 19 May 2023

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.

Estate financialsReported figures — never derived

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

Documents
17 filings
DateDocumentFile
Minutes of First Meeting of Creditors
PDF · Subscribers
Notice to creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of assignment dated July 20,2023PDF · Subscribers
Trustee's Certificate dated June 22, 2023
  • Closing confirmed Closed · 22 Jun 2023 · D2 Assets Canada Inc.
PDF · Subscribers
Endorsement of Justice Penny dated June 5, 2023
  • Counsel Monty Dhaliwal, Pallet Valo LLP
  • Presiding officer Justice Penny
PDF · Subscribers
Factum of DecisionOne Corporation (Motion Returnable June 5, 2023)
  • Counsel Norton Rose Fulbright Canada LLP
PDF · Subscribers
Motion Record Returnable June 5, 2023
  • Commencement date 23 May 2023
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no 31-2946538
  • Province ONTARIO
PDF · Subscribers
Sales Procedures and Stalking Horse Approval and Vesting Order dated June 5, 2023
  • Bid deadline 20 June 2023
  • Outside date 19 July 2023
  • Presiding officer Justice Penny
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
First Report of the Proposal Trustee dated June 1, 2023
  • Applicant DecisionOne Corporation
  • Appointee KPMG Inc.
  • Appointee role Proposal Trustee
  • Commencement date 19 May 2023
  • + 8 more extracted facts
PDF · Subscribers
Creditor packagePDF · Subscribers
Certificate of Filing a Notice of Intention to make a ProposalPDF · Subscribers
Sale Procedures
  • Bid deadline 20 June 2023
  • Outside date 19 July 2023
  • Purchaser STC Lender LP (stalking horse) · the Purchased Assets (as defined in the Stalking Horse Agreement) / all of the Vendor's right, title and interest in and to all of the Vendors' assets or business · asset sale · approved
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Teaser
  • Bid deadline 20 June 2023
  • Sale outcome Sale process approved — Stalking horse solicitation process underway, court approval motion scheduled
PDF · Subscribers
Trustee's Report to the First Meeting of Creditors on Preliminary Administration
  • Closing confirmed Closed · 22 Jun 2023 · D1 Canada STC Lender LP
  • Process results 0 bids
  • Purchaser D1 Canada STC Lender LP (related party) · the purchase of all of D1 Canada's realizable assets · asset sale · closed
  • Recovery outcome Entries: per estimated · Table missing:
  • + 2 more extracted facts
PDF · Subscribers
DecisionOne (Canada) - Proof of claim formPDF · Subscribers
Non-Disclosure AgreementPDF · Subscribers
Service List
  • Counsel McCarthy Tetrault LLP
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., “DecisionOne (Canada)” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/decisionone-canada

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/decisionone-canada

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.