EA Logistics Inc
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
- File
- CV-24-00085778-0000
EA Logistics Inc. is the subject of a bankruptcy proceeding in which Royal Bank of Canada, holding a first-ranking General Security Agreement dated January 7, 2022, demanded repayment by letter dated January 3, 2024 citing total indebtedness of $1,779,552.29 CDN and $16,697.46 US as of January 2, 2024, backed by personal guarantees from co-Presidents Muhammad Usman and Khurram Shahzad. Equipment financiers Bennington Financial Corp. and Meridian OneCap Credit Corp., holding purchase money security interests over transport trucks and trailers, issued notices of intention to dispose of their collateral on February 6, 2024 and January 31, 2024 respectively. A PPSA search dated December 21, 2023 identified several additional secured creditors, though a Bank Act search disclosed no registrations against the debtor.
Supplementary Application Record of Royal Bank of Canada dated September 24, 2024 — Application / notice of application
2 earlier updates, back to 24 May 2024 — subscribers.
Debtor
EA Logistics Inc
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Goodman | Ontario Superior Court of Justice | 1 order, Oct 2024 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Lerners LLP | 21 Oct 2024 | Order · 21 Oct 2024 |
| ApplicantRoyal Bank of Canada | Lerners LLP | 24 Sep 2024 | Application · 24 Sep 2024 |
| CreditorRoyal Bank of Canada | Lerners LLP | 4 Jul 2024 | Factum · 4 Jul 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | House of Tire Corpas of PPSA Search dated December 21, 2023 — PPSA registration (type/collateral not detailed in application record excerpt provided) — Named as served party to the application, consistent with affidavit's reference to a PPSA Search listing secured creditors aside from RBC; amount not stated. — debtor: EA Logistics Inc. | — | Application Record of Royal Bank of Canada dated May 27, 2024 - Part 1 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
| Date | Document | File |
|---|---|---|
Order of the Honourable Justice AJ Goodman dated October 21, 2024.
| PDF · Subscribers | |
Supplementary Application Record of Royal Bank of Canada dated September 24, 2024
| PDF · Subscribers | |
Factum of Royal Bank of Canada dated July 4, 2024.
| PDF · Subscribers | |
Application Record of Royal Bank of Canada dated May 27, 2024 - Part 1
| PDF · Subscribers | |
| Application Record of Royal Bank of Canada dated May 27, 2024 - Part 2 | 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., “EA Logistics Inc” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/ea-logistics-inc