Greencore Composites Inc. is in court-appointed receivership under BIA s. 243 and the provincial Judicature Acts. The Receiver's Creditor Mailing List, dated April 25, 2018, identifies five secured creditors: Sarnia Lambton Business Development Corporation ($300,000) and The County of Lambton Community Development Corporation ($97,900), each holding an unspecified security interest against the assets, and three lenders under a General Security Agreement registered May 16, 2017 (PPSA No. 727698843) — Growthworks Commercialization Fund Ltd. ($35,000), Wayne Maddever ($110,000) and Ian Inch ($176,000). The same list sets out unsecured claims, led by James Inch ($235,040), BBP Consulting Inc. ($146,900) and Norton Rose Canada ($69,245), along with Miller Thomson LLP, First Leaside Visions I LP, CRA, Lambton College and a number of smaller trade creditors.
The court granted an approval and vesting order for the sale to Domtar Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
Motion Record – Sale Approval and Vesting Order-Part 2 was filed. Court file 35-124471.
Source: Motion Record – Sale Approval and Vesting Order-Part 2
Debtor
Greencore Composites Inc.
Receiver
Dodick Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Sarnia Lambton Business Development CorporationSecurity interest against the Assets (nature not specified in excerpt; not among the three named GSA Lenders in para. 1) — Listed by Receiver as holding a security interest; amount is Receiver's approximate figure — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $300K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 4 | Secured | Ian InchGeneral Security Agreement (PPSA financing statement No. 727698843, registered May 16, 2017) — One of the three named Lenders under the GSA; individual person; amount is Receiver's approximate figure — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $176K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 4 | Secured | Wayne MaddeverGeneral Security Agreement (PPSA financing statement No. 727698843, registered May 16, 2017) — One of the three named Lenders under the GSA; individual person; amount is Receiver's approximate figure — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $110K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 4 | Secured | The County of Lambton Community Development CorporationSecurity interest against the Assets (nature not specified in excerpt; not among the three named GSA Lenders in para. 1) — Listed by Receiver as holding a security interest; amount is Receiver's approximate figure — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $97.9K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 4 | Secured | Growthworks Commercialization Fund Ltd.General Security Agreement (PPSA financing statement No. 727698843, registered May 16, 2017) — One of the three named Lenders under the GSA; amount is Receiver's approximate figure as of Creditor Mailing List date — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $35K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | James Inchdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $235K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | BBP Consulting Inc.debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $147K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Norton Rose Canadadebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $69.2K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Miller Thomson LLP - Toronto · in 4 casesdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $17.9K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | First Leaside Visions I LPdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $16.5K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | University of Toronto - Forestrydebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $5.22K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Fedex Express Canada LTD · in 6 casesdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $4.55K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | M. Pervaizdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $3K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | CanWeb Internet Services Ltd.debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $2.8K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Celanese Eva Performance Polymersdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $1.09K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Kuehne & Nagel Ltd.debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $1.08K | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | University Gravo-Plast Inc.Listed as 'Universal Gravo-Plast Inc.' — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $452 | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | Lambton College · in 2 casesdebtor: Greencore Composites Inc. · as of 25 Apr 2018 | $203 | S.-245 Notice and-S. 246(1) Receiver’s Statement |
| 8 | Unsecured | CRA - Tax - Ontario · in 252 casesCRA claim; deemed-trust class quasi-governmental claim — debtor: Greencore Composites Inc. · as of 25 Apr 2018 | $1 | S.-245 Notice and-S. 246(1) Receiver’s Statement |
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.
Sale approvedEntered-Court-Order-January-29-19-1 · 29 Jan 2019
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Domtar Inc.the right, title and interest of the Debtor in and to the Purchased Assets described in the APS · asset sale · agreement 14 Dec 2018 | not stated | Approved29 Jan 2019 | Entered-Court-Order-January-29-19-1 |
Unsecured creditors: no distribution.EstimatedMotion Record – Sale Approval and Vesting Order-Part 2 · 19 Jan 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the receiver | Motion Record – Sale Approval and Vesting Order-Part 2 · 19 Jan 2019 |
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.
| Date | Document | File |
|---|---|---|
Entered-Court-Order-January-29-19-1
| ||
Motion Record – Sale Approval and Vesting Order-Part 2
| ||
| Filing of Receivership Certificate | ||
S.-245 Notice and-S. 246(1) Receiver’s Statement
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Greencore Composites Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/greencore-composites-inc
Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/greencore-composites-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.