#Order
By order of August 31, 2026 the stay was extended a second time, to October 20, 2026.
Source: Order of the Court (Second Stay Extension) dated August 31, 2026
Good Natured Products Industrial Canada LP, et al.
FollowActive
- Proceeding
- NOIBANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED
- File
- 32-3389455
OverviewSummary updated
Good Natured Products Industrial Canada LP and related debtors are the subject of insolvency proceedings commenced on 22 June 2026 in Ontario, under estate number 32-3389455, with TDB Restructuring Limited as licensed insolvency trustee. Aggregate secured indebtedness stood at $31,241,935 as at the filing date, led by The Toronto-Dominion Bank at $12,479,723.00 and HUK 147 Limited, a shareholder lender whose security ranks behind the senior creditors, at $8,100,000.00. Unsecured trade indebtedness is approximately $7.9 million. The debtors incurred aggregate net losses of approximately $8.4 million over the fifteen months ended 31 March 2026.
Proceedings AIAsk this case — answers cite the filings
Case updates31 dated entries
28 earlier updates, back to 15 June 2026 — subscribers.
AnalysisAll insights
Case update
Good Natured: Jones moves in and the Brampton closing slips a month
Justice Cavanagh has given the seven Good Natured packaging debtors a second 45-day extension, to October 20, 2026, while Jones Healthcare Group, which bought the Brampton operating assets on July 31 and occupies 5 Abacus Road under an interim lease, needs more diligence time before buying the building that carries TD's $12,479,723 first mortgage, now forecast to close in the week of September 28.
Parties
Debtor
Good Natured Products Industrial Canada LP, et al.
Proposal trustee
TDB Restructuring
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Aug 2026 | 288 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Jul 2026 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorGood Natured Products Industrial Canada LP, et al. | Miller Thomson LLP | 21 Jul 2026 | Order · 21 Jul 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 111 casesas of NOI filing date — First-ranking mortgage over Brampton Facility, general security agreements, guarantees, assignments of leases and rents — Principal mortgage lender for Brampton Facility; NOI to enforce security issued June 5, 2026; subject to Forbearance Agreement dated October 25, 2024 — debtor: Good Natured Real Estate Holdings (Ontario) Inc. (borrower); Brampton LP, Brampton GP, Good Natured Products Inc. (guarantors) | $12.5M | Supplementary Motion Record of the Applicants dated July 24, 2026 |
74 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
4 transactions · 3 closed · 1 proposed — The Brampton Asset Sale closed; the Real Property APS transaction remains pending.Second Report of the Proposal Trustee dated August 26, 2026 · 26 Aug 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| HUK 149 Limitedthe business acquired pursuant to a court-approved reverse vesting order · share sale | not stated | Closed | Supplement to the First Report of the Proposal… |
| Jones Healthcare Groupthe real property (the ' Real Property APS ') located at 5 Abacus Road in Brampton, Ontario · real property | Sealed | Proposed | Supplement to the First Report of the Proposal… |
| Jones Healthcare Group, Inc.the real property municipally described as 5 Abacus Road, Brampton, Ontario and legally described in Schedule 'A' attached hereto, including the Building (as defined in the APS) · asset sale · nominee/assignee: its permitted assignee | Subscribers | Closed | Approval and Vesting Order (Brampton Assets)… |
| Jonesthe real property municipally described as 5 Abacus Road, Brampton, Ontario (the ' Brampton Facility ') · real property | Sealed | Closed31 Jul 2026 | Second Report of the Proposal Trustee dated… |
AdvisorsCapital West Partners (sale agent); Workingman Capital Co. (auctioneer)Second Report of the Proposal Trustee dated August 26, 2026
Closing termsvesting effective upon delivery of Proposal Trustee's Certificate and registration of a certified copy of the OrderApproval and Vesting Order (Brampton Real Estate) dated July 28, 2026
Sealed materialsAPA / Confidential Appendix 1; APS; LeaseApproval and Vesting Order (Brampton Assets) dated July 28, 2026
RecoveriesAs stated in the filings
EDC: no recovery.EstimatedSupplement to the First Report of the Proposal Trustee · 24 Jul 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | EDC | — | no recovery | Estimatedper the proposal trustee | Supplement to the First Report of the Proposal Trustee · 24 Jul 2026 |
| Secured | HUK 147 | — | shortfall | Estimatedper the proposal trustee | Second Report of the Proposal Trustee · 26 Aug 2026 |
| Secured | TD | — | paid in full | Estimatedper the proposal trustee | Second Report of the Proposal Trustee · 26 Aug 2026 |
| Secured | Wells Fargo | — | paid in full | Estimatedper the proposal trustee | Second Report of the Proposal Trustee · 26 Aug 2026 |
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.
Documents
31 filings
| Date | Document | File |
|---|---|---|
Endorsement of Justice Cavanagh dated August 31, 2026
| PDF · Subscribers | |
Order of the Court (Second Stay Extension) dated August 31, 2026
| PDF · Subscribers | |
| Factum of the Debtors dated August 27, 2026 | PDF · Subscribers | |
| Motion Record of the Applicants dated August 26, 2026 | PDF · Subscribers | |
Second Report of the Proposal Trustee dated August 26, 2026
| PDF · Subscribers | |
Ancillary Relief Order dated July 28, 2026
| PDF · Subscribers | |
Approval and Vesting Order (Brampton Assets) dated July 28, 2026
| PDF · Subscribers | |
Approval and Vesting Order (Brampton Real Estate) dated July 28, 2026
| PDF · Subscribers | |
Endorsement of Justice Black dated July 28, 2026
| PDF · Subscribers | |
Factum of the Debtors dated July 27, 2026
| PDF · Subscribers | |
Supplement to the First Report of the Proposal Trustee dated July 24, 2026
| PDF · Subscribers | |
Supplementary Motion Record of the Applicants dated July 24, 2026
| PDF · Subscribers | |
Order of the Court (Stay Extension) dated July 21, 2026
| PDF · Subscribers | |
First Report of the Proposal Trustee dated July 20, 2026
| PDF · Subscribers | |
Motion Record of the Applicants dated July 20, 2026 (Volume 1)
| PDF · Subscribers | |
Motion Record of the Applicants dated July 20, 2026 (Volume 2)
| PDF · Subscribers | |
Motion Record of the Applicants dated July 20, 2026 (Volume 3)
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (Brampton RE) dated July 10, 2026
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (GNPIC GP) dated June 22, 2026
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (GNPIC) dated June 22, 2026
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (GNPP Brampton) dated June 22, 2026
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (GNPPB GP) dated June 22, 2026
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal (GNPPC GP) dated June 22, 2026 | PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal (GNPPC) dated June 22, 2026
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal (Brampton RE) | PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPIC GP)
| PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPIC)
| PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPP Brampton)
| PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPPB GP)
| PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPPC GP)
| PDF · Subscribers | |
Notice of Intention to Make a Proposal (GNPPC)
| 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., “Good Natured Products Industrial Canada LP, et al.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/good-natured-products-industrial-canada-lp-et-al