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
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDodick Landau | Pallett Valo LLP | 29 Jan 2019 | Order · 29 Jan 2019 |
| # | 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 | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
18 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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
| PDF · Subscribers | |
Motion Record – Sale Approval and Vesting Order-Part 2
| PDF · Subscribers | |
| Filing of Receivership Certificate | PDF · Subscribers | |
S.-245 Notice and-S. 246(1) Receiver’s Statement
| 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., “Greencore Composites Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 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.