#Claims
Flying Fresh Air Freight - Notice of Bankruptcy, First Meeting of Creditors — Notice to creditors
Flying Fresh Air Freight & Flying Fresh Ontario Inc.
FollowActive
- 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 record612 days
Secured debt$6.47M
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.
Proceedings AIAsk this case — answers cite the filings
Case updates22 dated entries
#Claims
Flying Fresh Ontario Inc. - Notice of Bankruptcy, First Meeting of Creditors — Notice to creditors
#Order
The court appointed Ernst & Young Inc. as receiver and manager, on the application of Bank of Nova Scotia.
Source: Blacklined Order Compared to Model Receivership Order
#Order
Receivership order granted by the Supreme Court of British Columbia, commencing the proceeding against Flying Fresh Air Freight and Flying Fresh Ontario Inc. under the BIA.
Parties
Debtor
Flying Fresh Air Freight & Flying Fresh Ontario Inc.
Receiver
EY
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Whately | Supreme Court of British Columbia | 2 orders, Jan 2025 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverEY | Borden Ladner Gervais LLP · Dla Piper LLP | 18 Feb 2025 | Order · 26 Feb 2025 |
| ApplicantBank of Nova Scotia | Fasken Martineau DuMoulin LLP | 18 Feb 2025 | Service list · 18 Feb 2025 |
| CreditorKorean Air Lines Co. Ltd | Dla Piper LLP | 18 Feb 2025 | Service list · 18 Feb 2025 |
| CreditorMaurice Ward Networks | Magraths's International Legal Counsel | 14 Apr 2025 | Service list · 14 Apr 2025 |
| CreditorOverseas Express Consolidators (Canada) Inc | Fishman Flanz Meland Paquin LLP | 18 Feb 2025 | Service list · 18 Feb 2025 |
| CreditorPayCargo Canada Inc | Borden Ladner Gervais LLP | 14 Apr 2025 | Service list · 14 Apr 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Bank of Nova Scotia · in 110 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 | $6.47M | Affidavit of James Cook made Jan 16, 2025 |
| 5 | PMSI / lessors | PPSA equipment financiers (PMSI class) · in 183 casesActive BC PPSA registrations against specific equipment, each registered subsequent to the Bank's registrations; comprising RCAP Leasing Inc., Ryder Truck Rental Canada Ltd, Vault Credit Corporation, and Toyota Industries Commercial Finance Canada, Inc. — No third-party registrations against FF Partnership in Nova Scotia; affiant unaware of other potential secured creditors of FF Partnership — debtor: Flying Fresh Air Freight · as of 14 Jan 2025 | — | Affidavit of James Cook made Jan 16, 2025 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Sale processAs stated in the filings
2 transactions · 1 proposed · 1 closed — Purchase Agreement approved and vesting of Purchased Assets authorized upon delivery of Receiver's CertificateSale Approval Order · 26 Feb 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| OEC Overseas Express Perishables Inc.certain FFAF assets · asset sale | not stated | Proposed | First Report of the Receiver |
| Overseas Express Consolidators (Canada) Inc.the OEC Transaction | not stated | Closeddate not stated | Second 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$4.22M
As at 20 Nov 2025 · per Statement of Affairs management estimate · entity - Flying Fresh Ontario Inc. — Statement of Affairs asset table is garbled/inconsistent in the source (OCR duplication of row labels); an 'Estimated to produce' total of 500,000.00 and an Accounts receivable 'Total amount' of 3,256,660.00 both appear but cannot be reconciled into a single reliable total assets figure, so total_assets is left unreported. Liabilities table lists Secured creditors 2,000,000.00, Preferred creditors 0.00, Unsecured creditors 2,217,793.14, Contingent/trust claims 0.00, and a 'Surplus' line of 3,717,793.14 (labelled Surplus though liabilities exceed the stated asset totals).
Documents
22 filings
| Date | Document | File |
|---|---|---|
| Flying Fresh Air Freight - Notice of Bankruptcy, First Meeting of Creditors | ||
Flying Fresh Ontario Inc. - Notice of Bankruptcy, First Meeting of Creditors
| ||
| Flying Fresh Ontario Inc. - Amended Certificate of Appointment | ||
| Flying Fresh Air Freight - Certificate of Appointment | ||
| Amended & Restated Receivership Order | ||
| Notice of Application - Amended and Restated Receivership Order | ||
Second Report of the Receiver dated August 8, 2025
| ||
Service List - 14 April 2025
| ||
Activity Approval Order
| ||
Sale Approval Order
| ||
Service List
| ||
| Notice of Application - Sale Approval | ||
First Report of the Receiver
| ||
| Flying Fresh Air Freight - Notice and Statement of the Receiver - (Subsection 245(1) and 246(1) of the Bankruptcy & Insolvency Act | ||
| Flying Fresh Ontario Inc. - Notice and Statement of the Receiver | ||
Appointment Order
| ||
Order Made After Application
| ||
| Affidavit of Jordan Beaulieu | ||
Blacklined Order Compared to Model Receivership Order
| ||
Affidavit of James Cook made Jan 16, 2025
| ||
| Filed Notice of Hearing | ||
Petition to the Court re Receivership Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Flying Fresh Air Freight & Flying Fresh Ontario Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/flying-fresh-air-freight-flying-fresh-ontario-inc