Proceedings.

Flying Fresh Air Freight & Flying Fresh Ontario Inc.

ActiveFollow
Proceeding
Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act
File
VLC-S-S-250394
Filings held22
Last activity21 Nov 2025
On the record657 days
Secured debtSubscribers
OverviewSummary updated

Flying Fresh Air Freight and Flying Fresh Ontario Inc. have been before the Supreme Court of British Columbia since January 17, 2025, when a receivership order was granted. The matter proceeds under the Bankruptcy and Insolvency Act under court file number VLC-S-S-250394, and remains active. The record as it stands consists of that single dated milestone together with the commencement date, the court and the file number. Nothing further has been entered: no receiver's reports, no sale or claims process, and no scheduled hearing appear on this record. Creditors and counsel following the file should treat the January 17 order as the only step documented to date.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates22 dated entries
Parties

Debtor

Flying Fresh Air Freight & Flying Fresh Ontario Inc.

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice WhatelySupreme Court of British Columbia2 orders, Jan 20253 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYBorden Ladner Gervais LLP · DLA Piper (Canada) LLP18 Feb 2025Order · 26 Feb 2025
ApplicantBank of Nova ScotiaFasken Martineau DuMoulin LLP18 Feb 2025Service list · 18 Feb 2025
CreditorKorean Air Lines Co. LtdDLA Piper (Canada) LLP18 Feb 2025Service list · 18 Feb 2025
CreditorMaurice Ward NetworksMagraths's International Legal Counsel14 Apr 2025Service list · 14 Apr 2025
CreditorOverseas Express Consolidators (Canada) IncFishman Flanz Meland Paquin LLP18 Feb 2025Service list · 18 Feb 2025
CreditorPayCargo Canada IncBorden Ladner Gervais LLP14 Apr 2025Service list · 14 Apr 2025
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredThe Bank of Nova Scotia · in 115 casesGeneral Security Agreements (FF Partnership GSA dated Nov 30, 2017; FF Ontario GSA dated Nov 20, 2019) granting continuing security interest in all present and after-acquired personal property and proceeds; FF Partnership Insurance Assignment (Nov 30, 2017) over Coface accounts receivable insurance proceeds; perfected by PPSA registrations in BC, NS and ON; Bank asserts first-priority security interest — Total indebtedness also includes US$39.90 as of same date (exclusive of costs, inclusive of accrued interest); Indebtedness is less than amount in Demand Letter due to subsequent account sweep · as of 13 Dec 2024$6.47MAffidavit of James Cook made Jan 16, 2025
5PMSI / lessors

1 more claim in 1 class The stack holds Secured and PMSI / lessors claims.

Every creditor and every amount.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Sale processAs stated in the filings

2 transactions · 1 proposed · 1 closed — The OEC Transaction was successfully concluded and closed, generating gross proceeds for the estate.Second Report of the Receiver dated August 8, 2025 · 8 Aug 2025

PurchaserPriceStatusSource
OEC Overseas Express Perishables Inc.certain FFAF assets · asset salenot statedProposedFirst Report of the Receiver
Overseas Express Consolidators (Canada) Inc.the proposed transaction with Overseas Express Consolidators (Canada) Inc. · asset saleSubscribersCloseddate not statedSecond Report of the Receiver dated August 8,…
Closing termsDelivery of the Receiver's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions vests Purchased Assets in the Purchaser; Receiver may extend the Closing Date with Purchaser's consentSale Approval Order
Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

The total the debtor stated at filing

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

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents
22 filings
DateDocumentFile
Flying Fresh Air Freight - Notice of Bankruptcy, First Meeting of Creditors
PDF · Subscribers
Flying Fresh Ontario Inc. - Notice of Bankruptcy, First Meeting of Creditors
PDF · Subscribers
Flying Fresh Ontario Inc. - Amended Certificate of AppointmentPDF · Subscribers
Flying Fresh Air Freight - Certificate of AppointmentPDF · Subscribers
Amended & Restated Receivership OrderPDF · Subscribers
Notice of Application - Amended and Restated Receivership OrderPDF · Subscribers
Second Report of the Receiver dated August 8, 2025
  • Closing confirmed Closed · date not stated · Overseas Express Consolidators (Canada) Inc.
  • Purchaser Overseas Express Consolidators (Canada) Inc. · the proposed transaction with Overseas Express Consolidators (Canada) Inc. · asset sale · closed
  • Sale outcome Sale closed — The OEC Transaction was successfully concluded and closed, generating gross proceeds for the estate.
  • Stalking horse Subscribers
PDF · Subscribers
Service List - 14 April 2025
  • Counsel Fishman Flanz Meland Paquin LLP
PDF · Subscribers
Activity Approval Order
  • Counsel DLA Piper (Canada) LLP
PDF · Subscribers
Sale Approval Order
  • Closing terms Delivery of the Receiver's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions vests Purchased Assets in the Purchaser; Receiver may extend the Closing Date with Purchaser's consent
  • Order date 26 February 2025
  • Sale outcome Sale approved — Purchase Agreement approved and vesting of Purchased Assets authorized upon delivery of Receiver's Certificate
  • Stalking horse Subscribers
PDF · Subscribers
Service List
  • Counsel Receiver Borden Ladner Gervais LLP
PDF · Subscribers
Notice of Application - Sale ApprovalPDF · Subscribers
First Report of the Receiver
  • Purchaser OEC Overseas Express Perishables Inc. · certain FFAF assets · asset sale · proposed
  • Sale outcome Approval pending — Receiver recommends the Court approve the Transaction with OEC, subject to Court approval
  • Financial position · Secured creditors Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Flying Fresh Air Freight - Notice and Statement of the Receiver - (Subsection 245(1) and 246(1) of the Bankruptcy & Insolvency ActPDF · Subscribers
Flying Fresh Ontario Inc. - Notice and Statement of the ReceiverPDF · Subscribers
Appointment Order
  • Presiding officer Justice Whately
PDF · Subscribers
Order Made After Application
  • Presiding officer Justice Whately
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Affidavit of Jordan BeaulieuPDF · Subscribers
Blacklined Order Compared to Model Receivership Order
  • Applicant Bank of Nova Scotia
  • Appointee Ernst & Young Inc.
  • Appointee role receiver and manager
  • Commencement date 21 January 2025
  • + 2 more extracted facts
PDF · Subscribers
Affidavit of James Cook made Jan 16, 2025
PDF · Subscribers
Filed Notice of HearingPDF · Subscribers
Petition to the Court re Receivership Order
  • Applicant The Bank of Nova Scotia
  • Appointee Ernst & Young Inc.
  • Appointee role receiver and manager
  • Commencement date 17 January 2025
  • + 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., “Flying Fresh Air Freight & Flying Fresh Ontario Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/flying-fresh-air-freight-flying-fresh-ontario-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/flying-fresh-air-freight-flying-fresh-ontario-inc

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.