#Sale
Sale Approval and Vesting Order 2118-102nd Crescent, North Battleford, Saskatchewan) Issued November 26,2025 — Approval and vesting order
DL Pharmacy Inc. et al
FollowClosed
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 10-15 of The King's Bench Act, and section 64(8) of The Personal Property Security Act
- File
- KGB-SA-00570-2024
Filings held12
Last activity28 Nov 2025
On the record857 days
Secured debt$1.22M
OverviewSummary updated
DL Pharmacy Inc. et al is the subject of a court-appointed receivership commenced on May 17, 2024 in the Court of King's Bench for Saskatchewan, under court file number KBG-SA-00570-2024. The proceeding rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, the standard footing for a receiver appointed over a debtor's property on application to the court. The matter captures DL Pharmacy Inc. and one or more related debtors. The receivership is now closed.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Per the Order (Claims Process) Issued November 26,2025 dated 26 November 2025.
Proceedings AIAsk this case — answers cite the filings
Case updates12 dated entries
#Distribution
Order (Distribution, Discharge and Sealing) Issued November 26,2025 — Distribution order
#Sale
Sale Approval and Vesting Order (Unit #3, 215 Primrose Drive, Saskatoon, Saskatchewan) Issued November 26,2025 — Approval and vesting order
#Order
Receivership order granted in Chambers by Justice R.W. Elson, commencing the proceeding in Saskatchewan's Court of King's Bench under file KGB-SA-00570-2024.
Parties
Debtor
DL Pharmacy Inc. et al
Receiver
Doane Grant Thornton
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Smith | Court of King's Bench for Saskatchewan | 2 orders, Nov 2025 | 14 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | MLT Aikins LLP | 17 Nov 2025 | Service list · 17 Nov 2025 |
| CreditorErbach Holdings Ltd. DL Pharmacy Inc. DL Land Holdings Inc. Darren Erbach Louise Erbach | Matrix Law Group | 17 Nov 2025 | Service list · 17 Nov 2025 |
| CreditorLegacy RX Canada Inc | Kirkham Law Office | 17 Nov 2025 | Service list · 17 Nov 2025 |
| CreditorMcKesson Canada Corporation | MLT Aikins LLP | 17 Nov 2025 | Service list · 17 Nov 2025 |
| CreditorPharmaChoice Canada Inc | McKercher LLP | 17 Nov 2025 | Service list · 17 Nov 2025 |
| CreditorRoyal Bank of Canada | McDougall Gauley LLP | 17 Nov 2025 | Service list · 17 Nov 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 casesBased on last payout statement received from RBC dated November 4, 2025, a total of $1,215,261 remains outstanding to RBC; full and final payment anticipated January 2026 — debtor: 102195042 Saskatchewan Ltd., DL Land Holdings Inc., Erbach Holdings Ltd. · as of 4 Nov 2025 | $1.22M | Third Report of the Receiver dated November 13,2025 |
| 4 | Secured | McKesson · in 3 casesas of estate of 102195042 Saskatchewan Ltd. - distribution as reported — Amount reflects distribution made to McKesson as secured creditor per Estimated Final SRD; not necessarily current outstanding balance — debtor: 102195042 Saskatchewan Ltd. | $278K | Third Report of the Receiver dated November 13,2025 |
| 4 | Secured | Grant Thornton Limited (Receiver, as holder of Receiver's Certificates) · in 3 casesInterim financing via Receiver's Certificates ($75,000 advanced in total) — Receiver's Certificate amounts calculated to November 10, 2025, including interest; Receiver awaiting final confirmation from RBC of total amounts outstanding — debtor: DL Land Holdings Inc., 102195042 Saskatchewan Ltd. · as of 10 Nov 2025 | $86.4K | Third Report of the Receiver dated November 13,2025 |
| 8 | Unsecured | Unsecured creditors of DL Land Holdings Inc. (aggregate, estimated)Document names no individual unsecured creditors of DLLH; figure is an estimate subject to the proposed claims process and possible equity distribution to shareholders if funds remain — debtor: DL Land Holdings Inc. · as of 10 Nov 2025 | $688K | Third Report of the Receiver dated November 13,2025 |
| 8 | Unsecured | 102 Corporate Tax (CRA)Amount owing for period ending July 31, 2025; forms an unsecured claim (not deemed trust) — debtor: 102195042 Saskatchewan Ltd. · as of 31 Oct 2025 | $61.7K | Third Report of the Receiver dated November 13,2025 |
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.
RecoveriesAs stated in the filings
Unsecured creditors: $22K. CRA $11.6K · RBC $311K · CRA $32.9K.Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | $11.6K | per the court | Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025 |
| Secured | RBC | — | $311K | Estimatedper the court | Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025 |
| Unsecured | EHL PST | — | $22Kconditional | per the court | Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025 |
| UnsecuredEHL GST | CRA | — | $32.9K | per the court | Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025 |
| Unsecured | MOF | — | $11.2K | per the court | Order (Distribution, Discharge and Sealing) Issued November 26,2025 · 26 Nov 2025 |
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
3 engagements · 2 firms — latest: Grant Thornton Limited, 1 May – 31 Oct 2025, $19,142.00 soughtThird Report of the Receiver · 13 Nov 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Grant Thornton LimitedReceiverperiod 2 of 2 | 1 May – 31 Oct 2025Sought | — | $19,142.00ex. tax | not stated | Third Report of the Receiver · 13 Nov 2025 |
| Grant Thornton LimitedReceiverperiod 2 of 2 | 1 May 2024 – 31 Oct 2025Sought | — | $5,010.00ex. tax | not stated | Third Report of the Receiver · 13 Nov 2025 |
| MLT Aikins LLPCounsel | 1 May – 31 Oct 2025Sought | — | $30,090.00ex. tax | not stated | Third Report of the Receiver · 13 Nov 2025 |
Documents
12 filings
| Date | Document | File |
|---|---|---|
| Sale Approval and Vesting Order 2118-102nd Crescent, North Battleford, Saskatchewan) Issued November 26,2025 | ||
| Notice of Application dated November 17,2025 | ||
Order (Claims Process) Issued November 26,2025
| ||
Order (Distribution, Discharge and Sealing) Issued November 26,2025
| ||
| Sale Approval and Vesting Order (Unit #3, 215 Primrose Drive, Saskatoon, Saskatchewan) Issued November 26,2025 | ||
| Affidavit of Jayden Toth sworn November 17,2025 | ||
Service List Issued November 26,2025
| ||
Service List dated November 17,2025
| ||
| Order (Abridgment of Time for Service) issued November 14,2025 | ||
Third Report of the Receiver dated November 13,2025
| ||
| Sale Approval and Vesting Order issued June 18 | ||
Receivership Order issued May 17, 2024
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “DL Pharmacy Inc. et al” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/dl-pharmacy-inc-et-al