Proceedings.

Galaxie Brands

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Proceeding
CCAACCAA
Court
Ontario Superior Court of Justice · Commercial List
File
CV-24-00725021-00CL
Filings held45
Last activity7 Apr 2026
On the record821 days
OverviewSummary updated

Galaxie Brands is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act commenced on 6 August 2024 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number CV-24-00725021-00CL. The proceeding opened that same day with an initial order of the Ontario court. The record of this matter carries no further steps after commencement, and the file is now closed. No further hearings, orders or reports appear on the record, and the record does not identify the parties who brought the matter before the court or the disposition that brought it to an end.

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Case updates43 dated entries · 2 undated
#Order

Initial order of the Ontario Superior Court of Justice opened the proceeding against Galaxie Brands under the Bankruptcy and Insolvency Act, in court file CV-24-00725021-00CL.

Source: Initial Order

Undated filings2 — no date appears on the document · show
Parties

Debtor

Galaxie Brands

Monitor

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice9 orders, Sep 2024 – Feb 2025198 cases on record
Justice KimmelOntario Superior Court of Justice3 orders, Aug 2024 – Nov 2024198 cases on record
Justice ConwayOntario Superior Court of Justice3 orders, Aug 2024310 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorKPMGBlake, Cassels & Graydon LLP10 Sep 2024Service list · 10 Sep 2024
ApplicantGalaxie BrandsMiller Thomson LLP10 Sep 2024Service list · 10 Sep 2024
ApplicantVancor Group IncMiller Thomson LLP6 Aug 2024Order · 6 Aug 2024
CreditorKenneth SchallerMPG Law Professional Corporation10 Sep 2024Service list · 10 Sep 2024
CreditorVancor Group IncMiller Thomson LLP10 Sep 2024Factum · 10 Sep 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency (CRA) · in 985 casesas of the date of the Van Iersel Affidavit (sworn August 2, 2024) — Statutory deemed trust for unremitted excise duties under the Excise Act, 2001; CRA is also beneficiary of a surety bond issued by Trisura Guarantee Insurance Company in the amount of $535,000 as security for Galaxie Brands' excise tax obligations — Deemed trust class (quasi-governmental claim); amount stated as approximate ('approximately $4.1 million'); Galaxie Brands and CRA in continued discussions regarding a payment plan for these 'Excise Arrears'. Document separately states there are no registered financing statements o$4.1MPre-filing Report of the proposed Monitor
3Deemed trusts (CRA and other)
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

35 more claims in 2 classes The stack holds Deemed trusts (CRA and other) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Bid deadline

24 September 2024

Bidding Procedures

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Blake, Cassels & Graydon LLPFourth Report of the Monitor · 5 Feb 2025

FirmPeriodHoursFeesRatesSource
Blake, Cassels & Graydon LLPCounsel——Fourth Report of the Monitor · 5 Feb 2025
KPMG Inc.Monitor——Fourth Report of the Monitor · 5 Feb 2025

4 blurred figures above

What each firm billed — each as the filing states it, with its source.

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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.

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Documents
45 filings
DateDocumentFile
Monitor's Termination CertificatePDF · Subscribers
Discharge Order 31-3208862 - 20260319PDF · Subscribers
First Meeting of Creditor Minutes dated April 29, 2025PDF · Subscribers
Trustee's Preliminary Report dated April 29, 2025PDF · Subscribers
Notice to Creditors dated April 11, 2025 (Bankruptcy Notice)PDF · Subscribers
1001069328 Certificate of Appointment dated April 8, 2025PDF · Subscribers
CCAA Termination Order Endorsement
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Stay Extension and CCAA Termination Order
  • Counsel Blake, Cassels & Graydon LLP
  • Order date 11 February 2025
  • Presiding officer Justice W.D. Black
  • Stay extended to the CCAA Termination Time
PDF · Subscribers
Factum of the Monitor - Termination
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Fourth Report of the Monitor
PDF · Subscribers
Motion Record of the Monitor - CCAA Termination
PDF · Subscribers
Monitor's Closing CertificatePDF · Subscribers
Ancillary Relief Order
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Approval and Reverse Vesting Order
  • Counsel Blake, Cassels & Graydon LLP
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Third ARIO and Ancillary Endorsement
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Third Amended and Restated Initial Order
  • Counsel Miller Thomson LLP
  • Order date 28 November 2024
  • Presiding officer Justice W.D. Black
  • Stay expiry 29 November 2024
PDF · Subscribers
Factum of the Monitor
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Motion Record of the MonitorPDF · Subscribers
Third Report of the MonitorPDF · Subscribers
Notice of Motion Returnable November 28, 2024PDF · Subscribers
Aide Memoire Endorsement
  • Presiding officer Justice Kimmel
PDF · Subscribers
Aide Memoire of the Monitor
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Ancillary Order
  • Counsel Miller Thomson LLP
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Second ARIO and Ancillary Endorsement
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Second Amended and Restated Initial Order
  • Counsel Miller Thomson LLP
  • Order date 11 September 2024
  • Presiding officer Justice W.D. Black
  • Stay expiry 29 November 2024
PDF · Subscribers
Motion Record of the ApplicantsPDF · Subscribers
Second Report of the MonitorPDF · Subscribers
Service List
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Statement of Law - Applicant
  • Counsel Miller Thomsonllp
PDF · Subscribers
ARIO and SISP Endorsement
  • Presiding officer Justice Conway
PDF · Subscribers
Amended and Restated Initial Order
  • Counsel Miller Thomson LLP
  • Order date 15 August 2024
  • Presiding officer Justice Conway
  • Stay expiry 29 November 2024
PDF · Subscribers
Bidding Procedures
  • Bid deadline 24 September 2024
  • Order date 15 August 2024
PDF · Subscribers
SISP Order
  • Counsel Miller Thomson LLP
  • Presiding officer Justice Conway
PDF · Subscribers
Stalking Horse Subscription AgreementPDF · Subscribers
First Report of the MonitorPDF · Subscribers
Motion Record Returnable August 15, 2024PDF · Subscribers
Notice to CreditorsPDF · Subscribers
Initial Order
  • Commencement date 6 August 2024
  • Counsel Miller Thomson LLP
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00725021-00CL
  • + 4 more extracted facts
PDF · Subscribers
Initial Order Endorsement
  • Order date 6 August 2024
  • Presiding officer Justice Kimmel
  • Stay expiry 16 August 2024
PDF · Subscribers
List of Known Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application Record
PDF · Subscribers
Factum of the ApplicantPDF · Subscribers
Pre-filing Report of the proposed Monitor
PDF · Subscribers
Proof of Claim FormPDF · Subscribers
ProxyPDF · Subscribers

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

CiteProceedings., “Galaxie Brands” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/galaxie-brands

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/galaxie-brands

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.