Proceedings.

G3 Genuine Guide Gear Inc.

Follow
Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
S245340
Filings held29
Last activity12 Jan 2026
On the record682 days
Secured debtSubscribers
OverviewSummary updated

G3 Genuine Guide Gear Inc. was placed in court-appointed receivership on November 8, 2024 by order of the Supreme Court of British Columbia, in Supreme Court file S245340. The receivership was grounded in section 243 of the Bankruptcy and Insolvency Act and the provincial Judicature Act. The proceeding is now closed. The record consists of the appointment order that commenced it; no further milestones have been recorded in this proceeding.

Proceedings AIAsk this case — answers cite the filings
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
Case updates29 dated entries

26 earlier updates, back to 8 November 2024 subscribers.

Parties

Debtor

G3 Genuine Guide Gear Inc.

Receiver

Deloitte

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ReceiverDeloitteDentons Canada LLP5 Nov 2024Service list · 5 Nov 2024
DebtorG3 Genuine Guide Gear Inc.DuMoulin Boskovich LLP5 Nov 2024Service list · 5 Nov 2024
CreditorCanadawide Sports IncTorkin Manes LLP5 Nov 2024Service list · 5 Nov 2024
CreditorFirst West Credit UnionFasken Martineau DuMoulin LLP5 Nov 2024Service list · 5 Nov 2024
CreditorRoyal Bank of CanadaGowling WLG (Canada) LLP5 Nov 2024Service list · 5 Nov 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 556 casesSecurity interest in all presently owned and after-acquired personal property of G3 (the 'RBC Security'); first-in-time registered financing statement; first-ranking secured creditor on the 'Hard Assets' (all property excluding FWC Collateral) — Amount is an approximation stated by the Receiver ('approximately $2.4 million'); interest continues to accrue; Security Opinions confirm valid, enforceable and perfected security; also holds corporate guarantee and personal guarantee from Mr. Oliver Steffen (director/officer/shareholder), including a second mortgage on his personal residence; RBC expe · as of 3 Sep 2024$2.4MFirst Report of the Receiver, filed November 5, 2024

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.

2 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

RecoveriesAs declared or paid

Service Canada: a distribution.FinalNotice of Application for December 4, 2025 Hearing · 4 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
WEPPAService Canadaa distributionFinalper the receiverNotice of Application for December 4, 2025 Hearing · 4 Dec 2025
SecuredFWCshortfallper the receiverThird Report of the Receiver, filed November 20, 2025 · 20 Nov 2025
SecuredFWC Capital CorpFWCU Capital Corpa distributionFinalper the receiverNotice of Application for December 4, 2025 Hearing · 4 Dec 2025
SecuredRoyal Bank of Canadaa distributioninterimFinalper the receiverNotice of Application for December 4, 2025 Hearing · 4 Dec 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.

6 stated figures across 4 outcomes, each sourced

Subscribe

Already a subscriber? Sign in.

Documents
29 filings
DateDocumentFile
Discharge Certificate, filed January 12, 2026PDF · Subscribers
s.246(3) Final Report, January 12, 2026PDF · Subscribers
Notice of Application for December 4, 2025 Hearing
  • Recovery outcome Entries: per actual; per actual; per actual; per unstated · Table missing:
PDF · Subscribers
Order Made After Application (Final Distribution and Discharge), granted December 4, 2025PDF · Subscribers
Order Made After Application (Lift of Sealing Order), granted December 4, 2025PDF · Subscribers
First Affidavit of Jeff Keeble, filed November 20, 2025PDF · Subscribers
First Affidavit of Jordan Schultz, filed November 20, 2025PDF · Subscribers
Third Report of the Receiver, filed November 20, 2025
  • Recovery outcome Entries: per estimated; per unstated · Stated on: 2025-11-20 · Table missing:
PDF · Subscribers
Order Made After Application (Sharma, J.), granted February 28, 2025PDF · Subscribers
First Affidavit of Chris Jasiewicz, filed February 25, 2025PDF · Subscribers
Notice of Application, filed February 25, 2025PDF · Subscribers
Requisition - Short Notice, filed February 25, 2025PDF · Subscribers
Second Report of the Receiver, filed February 25, 2025PDF · Subscribers
Application Record IndexPDF · Subscribers
Book of Authorities IndexPDF · Subscribers
Order Made After Application (Amendment to Receivership Order), granted November 8, 2024
  • Commencement date 8 November 2024
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no S245340
PDF · Subscribers
Order Made After Application (Approval and Vesting Order), granted November 8, 2024PDF · Subscribers
Order Made After Application (Approval of Purchase Agreement), granted November 8, 2024PDF · Subscribers
Sealing Order, granted November 8, 2024PDF · Subscribers
Service List as at November 8, 2024
  • Counsel Dentons Canada LLP
PDF · Subscribers
Confidential Supplement to the First Report of the Receiver, dated November 7, 2024 (unsealed December 4, 2025)PDF · Subscribers
Supplement to the First Report of the Receiver, dated November 7, 2024PDF · Subscribers
First Report of the Receiver, filed November 5, 2024
  • Recovery outcome Entries: per estimated · Stated on: 2024-11-04 · Table missing:
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Notice of Application, filed November 5, 2024
PDF · Subscribers
Service List as at November 5, 2024
  • Counsel Gowling WLG (Canada) LLP
PDF · Subscribers
Notice and Statement of the Receiver, August 15, 2024PDF · Subscribers
R eceivership Order, made August 9, 2024PDF · Subscribers
F irst A ffidavit of John Lee, filed August 7, 2024
PDF · Subscribers
Asset Sale Teaser - August 2024PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “G3 Genuine Guide Gear Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 21 September 2026, https://proceedings.ca/case/g3-genuine-guide-gear-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/g3-genuine-guide-gear-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.