Genesus Inc. et al.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and Section 55 of The Court of King's Bench Act
- File
- CI 24-01-45056
OverviewSummary updated
Genesus Inc. and related debtors have been in court-appointed receivership since June 11, 2024, when the Court of King's Bench granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding is carried under court file number CI 24-01-45056 and remains active. Nothing further has been entered on the record: no receiver's reports, no sale or claims process approvals, no distributions and no scheduled hearings.
Proceedings AIAsk this case — answers cite the filings
Case updates47 dated entries
44 earlier updates, back to 11 June 2024 — subscribers.
Parties
Debtor
Genesus Inc. et al.
Receiver
BDO
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Chartier | Court of King's Bench of Manitoba | 5 orders, Oct 2024 – Sep 2025 | 6 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | MLT Aikins LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| DebtorGenesus Inc. et al. | Fillmore Riley LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| CreditorBank of Montreal | Pitblado LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| CreditorDesign Genetics Inc | MLT Aikins LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| Secured creditorFarm Credit Canada | Taylor McCaffrey LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| CreditorJerry Widmer | Gislason & Hunter LLP | 22 Jan 2025 | Application · 22 Jan 2025 |
| CreditorSea Air International Forwarders Limited | Pitblado LLP · Waldin | 11 Oct 2024 | Order · 11 Oct 2024 |
| CreditorSollio Agriculture Livestock Production - Western Canada Ltd | Thompson Dorfman Sweatman LLP | 22 Jan 2025 | Application · 22 Jan 2025 |
| CreditorSuperior Weanlings Ltd | Marr Finlayson Pollock LLP | 22 Jan 2025 | Application · 22 Jan 2025 |
| CreditorTorridian Agrico LLC | Greenberg Traurig, LLP | 1 Jul 2024 | Application · 1 Jul 2024 |
| CreditorVerbruggen Prairie Farms Ltd | Meighen Haddad LLP | 22 Jan 2025 | Application · 22 Jan 2025 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 279 casesGeneral Security Agreement (2011-03-22); General Assignment of Debts (2011-03-10); Section 427 Bank Act Security (2011-03-07); Standby Letter of Credit (2018-07-04); Guarantees from Can-Am (limits $600K, $1.1M, $2.1M, and unlimited) and GGI (limits $600K, $1.1M, $2.1M, $4.1M, plus Payment Guaranty Agreement) supported by GSA from GGI; EDC Guarantee Approval in favour of BMO to a maximum of $2,000,000 (third-party credit support, not a debtor obligation); Mortgage $8,000,000.00 registered 2023-10-12 against Genesus Property (Titles 2698800/1, 2316076/3, 2712003/5) - registered principal amount, · as of 8 Jun 2023 | $7.11M | Affidavit of Ed Barrington – Filed Feb 12, 2024 |
Sale processAs stated in the filings
13 transactions · 6 closed · 4 not completed · 3 approved — the Oakville Transaction is hereby approvedApproval and Vesting Order (Oakville) – Filed September 16, 2025 · 16 Sep 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Genesus Genetic Technology Inc.the Receiver's and the Debtors' right, title and interest in and to the assets described in the APA (the ' Purchased Assets ') · asset sale · agreement 28 Jun 2024 | Subscribers | Not completed9 Jul 2024 | Receiver’s Certificate – Filed August 15, 2024 |
| Genesus Genetic Technology Inc.the Debtor's right, title and interest in and to the assets described in the Reworked APA · asset sale · agreement 23 Jul 2024 | Subscribers | Approved26 Jul 2024 | Approval and Vesting Order 0 Filed July 26, 2024 |
| Verbruggen Prairie Farms Ltd.the Debtors' right, title and interest in and to the assets described in the Riverdale APA (the "Riverdale Purchased Assets") · asset sale · agreement 25 Sep 2024 | not stated | Closed18 Oct 2024 | Seventh Report of the Receiver – Dated… |
| GGTIspecific assets of Genesus and Can-AM · asset sale | not stated | Closed | Fourth Report of the Receiver – Dated January… |
| Zeljko Bogdanoivc570 Park Boulevard · real property · agreement 13 Sep 2024 | not stated | Not completed | Fourth Report of the Receiver – Dated January… |
| Luyao Li and Kenan Yangthe assets described in the Park Blvd. APA (the "Park Blvd. Purchased Assets") · real property · agreement 16 Dec 2024 | Subscribers | Closed25 Feb 2025 | Seventh Report of the Receiver – Dated… |
| Brett Tyson Remillard and Lichelle Breanne Martensthe Receiver's and the Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 7 May 2025 | not stated | Approved24 Jun 2025 | Approval and Vesting Order (Bagot) – Filed June… |
| Genesus Genetics Technology Inc.specific assets of Genesus and Can-Am · asset sale | Subscribers | Not completed26 Jul 2024 | Sixth Report of the Receiver – Dated September… |
| Genesus Genetics Technology Inc.specific assets of Genesus and Can-AM · asset sale | not stated | Closed | Sixth Report of the Receiver – Dated September… |
| purchaser of the Riverdale Property, unnamedthe Riverdale barn and property · real property | not stated | Closed | Sixth Report of the Receiver – Dated September… |
| GGTIspecific Assets of Genesus and Can-Am, including chattels, contracts, vehicles and hog trailers · asset sale | Sealed | Not completed26 Jul 2024 | Seventh Report of the Receiver – Dated… |
| purchaser of the Bagot Property, unnamedthe Bagot Property · real property | not stated | Closed2 Jul 2025 | Seventh Report of the Receiver – Dated… |
| 10243437 Manitoba Ltd.the Companies' right, title and interest in and to the assets described in the Oakville Sale Agreement · real property · agreement 5 Sep 2025 | Subscribers | Approved16 Sep 2025 | Approval and Vesting Order (Oakville) – Filed… |
AdvisorsBDO Canada Limited (financial advisor); Ritchie Bros. Auctioneers (auctioneer); Century 21 Bachman & Associates (listing broker); The Moore Group (listing broker); Halladay Appraisal Services Ltd. (sale agent); McDougall Auctioneers Ltd. (auctioneer); Warren Neufeld of Royal LePage Portage Realty (listing broker); Royal LePage Martin Liberty (listing broker)Seventh Report of the Receiver – Dated September 8, 2025
Closing termsVesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditionsApproval and Vesting Order (Oakville) – Filed September 16, 2025
Sealed materialsConfidential Supplement of the Receiver dated July 2, 2024; Confidential Supplement to the Second Report; Seventh Confidential Supplement of the ReceiverApproval and Vesting Order – Filed July 5, 2024
RecoveriesAs stated in the filings
Service Canada: a distribution.Sixth Report of the Receiver · 5 Sep 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | Service Canada | — | a distribution | per the receiver | Sixth Report of the Receiver · 5 Sep 2025 |
| Secured | BMO | — | a distributioninterim | per the receiver | Sixth Report of the Receiver · 5 Sep 2025 |
| Secured | FCC | — | paid in fullinterim | per the receiver | Sixth Report of the Receiver · 5 Sep 2025 |
| Unsecured | CRA | — | a distribution | per the receiver | Sixth Report of the Receiver · 5 Sep 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.
Fees and ratesAs stated in the filings
2 engagements · 1 firm — latest: BDO Canada Limited, 1 May – 31 Jul 2025Sixth Report of the Receiver · 5 Sep 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| BDO Canada LimitedReceiverperiod 2 of 2 | 1 May – 31 Jul 2025 | — | — | ••• | Sixth Report of the Receiver · 5 Sep 2025 |
| BDO Canada LimitedReceiverperiod 1 of 2 | 11 Jun – 31 Dec 2024 | — | ••• | ••• | Fourth Report of the Receiver · 22 Jan 2025 |
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
47 filings
| Date | Document | File |
|---|---|---|
Approval and Vesting Order (Oakville) – Filed September 16, 2025
| PDF · Subscribers | |
Order (Allocation & Interim Distribution) – Filed September 16, 2025
| PDF · Subscribers | |
| Brief of Receiver – Dated September 9, 2025 | PDF · Subscribers | |
Seventh Report of the Receiver – Dated September 8, 2025
| PDF · Subscribers | |
Sixth Report of the Receiver – Dated September 5, 2025
| PDF · Subscribers | |
Ancillary Order – Filed June 24, 2025
| PDF · Subscribers | |
Approval and Vesting Order (Bagot) – Filed June 24, 2025
| PDF · Subscribers | |
Fifth Report of the Receiver – Dated June 4, 2025
| PDF · Subscribers | |
| Brief of BMO – Filed April 2, 2025 | PDF · Subscribers | |
| Brief of Sea Air – Filed March 26, 2025 | PDF · Subscribers | |
| Transcript of Ed Barrington – Filed March 26, 2025 | PDF · Subscribers | |
| Transcript of James Long – Filed March 26, 2025 | PDF · Subscribers | |
| Answers to Undertaking During Cross Examination of Ed Barrington | PDF · Subscribers | |
Ancillary Order – Filed February 5, 2025
| PDF · Subscribers | |
Approval and Vesting Order – Filed February 5, 2025
| PDF · Subscribers | |
Order (Legal Fees) – Filed February 3, 2025
| PDF · Subscribers | |
| Brief of Genesus – Filed January 27, 2025 | PDF · Subscribers | |
| Brief of Receiver – Dated January 24, 2025 | PDF · Subscribers | |
Notice of Motion – Dated January 24, 2025
| PDF · Subscribers | |
| Affidavit of Jennifer Goncalves – Dated January 22, 2025 | PDF · Subscribers | |
Fourth Report of the Receiver – Dated January 22, 2025
| PDF · Subscribers | |
Notice of Motion – Dated January 22, 2025
| PDF · Subscribers | |
| Affidavit of Ed Barrington – Filed January 17, 2025 | PDF · Subscribers | |
| Notice of Motion – Dated January 3, 2025 | PDF · Subscribers | |
Receiver’s Certificate – Filed October 25, 2024
| PDF · Subscribers | |
Ancillary Order – Filed October 11, 2024
| PDF · Subscribers | |
Approval and Vesting Order – Filed October 11, 2024
| PDF · Subscribers | |
| Brief of Receiver - Dated October 7, 2024 | PDF · Subscribers | |
Notice of Motion – Dated October 2, 2024
| PDF · Subscribers | |
Third Report of the Receiver – Dated October 2, 2024
| PDF · Subscribers | |
Receiver’s Certificate – Filed August 15, 2024
| PDF · Subscribers | |
| Receiver’s Certificate – Filed July 30, 2024 | PDF · Subscribers | |
Approval and Vesting Order 0 Filed July 26, 2024
| PDF · Subscribers | |
| Notice of Motion – Dated July 24, 2024 | PDF · Subscribers | |
Second Report of the Receiver – Dated July 24, 2024
| PDF · Subscribers | |
Approval and Vesting Order – Filed July 5, 2024
| PDF · Subscribers | |
| Brief of Receiver – Filed July 3, 2024 | PDF · Subscribers | |
First Report of the Receiver – Date July 2, 2024
| PDF · Subscribers | |
Notice of Motion – Dated July 1, 2024
| PDF · Subscribers | |
Notice and Statement of the Receiver – Dated June 14, 2024
| PDF · Subscribers | |
Receivership Order – Filed June 12, 2024
| PDF · Subscribers | |
| Affidavit of Allan Herman – Dated May 29, 2024 | PDF · Subscribers | |
| Supplemental Affidavit of Ed Barrington | PDF · Subscribers | |
| Application Brief (Genesus Inc. et al) – Filed Feb 13, 2024 | PDF · Subscribers | |
| Application Brief (Gensus & Can-Am) – Filed Feb 13, 2024 | PDF · Subscribers | |
Affidavit of Ed Barrington – Filed Feb 12, 2024
| PDF · Subscribers | |
Notice of Application – Filed Feb 12, 2024
| 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., “Genesus Inc. et al.” (Receivership (court-appointed)), Court of King's Bench of Manitoba. Retrieved 20 September 2026, https://proceedings.ca/case/genesus-inc-et-al