Proceedings.

iFoodequipment.com Inc.

Follow
Active
Proceeding
Receivership (court-appointed)section 33 of the Judicature Act, R.S.N.B. 1973, ch. J-2, Rule 41 of the Rules of Court, N.B. Reg 82-73 and section 243 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
File
SJM/245/2024
Filings held26
Last activity8 Apr 2026
On the record543 days
Secured debt$1.09M
OverviewSummary updated

iFoodequipment.com Inc. remains in an active court-appointed receivership before the Court of King's Bench of New Brunswick, under file number SJM 245 2024. The proceeding began with a receivership order dated November 27, 2024, made under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The record shows a second receivership order in the same file dated March 27, 2025. No further steps have been recorded in this proceeding, and the receivership continues.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates26 dated entries
#Order

Receivership order made, commencing the proceeding against iFoodequipment.com Inc. under BIA section 243 and provincial judicature legislation in New Brunswick.

Source: Receivership Order

Parties

Debtor

iFoodequipment.com Inc.

Receiver

Deloitte

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaBoyneClarke LLP15 Nov 2024Factum · 15 Nov 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 556 casesdebtor: D&P Gooder Ltd. · as of 26 Sep 2024$1.09MListing of Creditors - D&P Gooder Ltd.
4SecuredBusiness Bank of Development Canadadebtor: D&P Gooder Ltd. · as of 26 Sep 2024$386KListing of Creditors - D&P Gooder Ltd.
8UnsecuredPROV OF NB (PAN 01907506)debtor: D&P Gooder Ltd. · as of 26 Sep 2024$27.5KListing of Creditors - D&P Gooder Ltd.
8UnsecuredPROV OF NB (PAN 01907491)debtor: D&P Gooder Ltd. · as of 26 Sep 2024$8.87KListing of Creditors - D&P Gooder Ltd.
8UnsecuredBaker Tilly · in 3 casesdebtor: D&P Gooder Ltd. · as of 26 Sep 2024$8.63KListing of Creditors - D&P Gooder Ltd.
8UnsecuredBabineau Appraisal Lts.debtor: D&P Gooder Ltd. · as of 26 Sep 2024$3.22KListing of Creditors - D&P Gooder Ltd.
8UnsecuredBro Tilt-Load Ltddebtor: D&P Gooder Ltd. · as of 26 Sep 2024$1.84KListing of Creditors - D&P Gooder Ltd.
8UnsecuredMiller Waste Systems Inc. · in 8 casesdebtor: D&P Gooder Ltd. · as of 26 Sep 2024$618Listing of Creditors - D&P Gooder Ltd.
8UnsecuredOrkin Canada Corporation · in 50 casesdebtor: D&P Gooder Ltd. · as of 26 Sep 2024$160Listing of Creditors - D&P Gooder Ltd.
Sale processAs stated in the filings

Approval pendingThe Receiver received bids, negotiated Proposed Transactions with RBC's support, and is seeking Court approval of the Sale Approval and Vesting Order.Second Report of the Court Appointed Receiver and Manager · 11 Mar 2025

PurchaserPriceStatusSource
Proposed Transactions with named counterparties referenced but property/scope not individually attributed in unredacted textthe Property · asset saleSealedNon-commercially sensitive terms summarized in a table not reproduced in the available text; commercially sensitive details are in the sealed Confidential Supplement.ProposedSecond Report of the Court Appointed Receiver…
AdvisorsDeloitte Restructuring Inc. (sale agent)Second Report of the Court Appointed Receiver and Manager
Fees and ratesAs stated in the filings

4 engagements · 2 firmslatest: Deloitte Restructuring Inc., 1 Jan – 31 Dec 2025, $126,829.06 in feesAffidavit of James Foran · 27 Feb 2026

FirmPeriodHoursFeesRatesSource
Cox & Palmercapacity not statedperiod 1 of 226 Sep 2024 – 31 Jan 202512.9$6,162.50$477.71stated averageSecond Report of the Court Appointed Receiver and Manager · 11 Mar 2025
Cox & Palmercapacity not statedperiod 1 of 2the Period108.4$362.99stated averageAffidavit of Simon-Pierre Godbout · 27 Feb 2026
Deloitte Restructuring Inc.Receiverperiod 2 of 21 Jan – 31 Dec 2025256.6$126,829.06ex. tax$250 – $6008 peopleAffidavit of James Foran · 27 Feb 2026
8 peopleDeloitte Restructuring Inc., 1 Jan – 31 Dec 2025
NameTitleHoursRateFees
Jorden SleethSenior Vice President3.3$600$1,980.00
Mathieu LaforestSenior Manager140.1$500$70,050.00
Megan WaterhouseSenior Manager0.2$500$100.00
Colleen O'BrienManager33.7$400$13,480.00
Katelyn ParsonsSenior Associate0.8$325$260.00
Ian LewisSenior Associate32.2$325$10,465.00
Jakob YoungAnalyst2.8$250$700.00
James ForanSenior Vice President$26,100.00
Deloitte Restructuring Inc.Receiverperiod 1 of 226 Sep – 31 Dec 2024535.1$236,302.63$428.74stated averageSecond Report of the Court Appointed Receiver and Manager · 11 Mar 2025

Top rate $600 · 21st percentile of receiver rates, 2025 · of 49

Estate financialsReported figures — never derived
Total liabilities at filing$7M

per Proposed Receiver's understanding based on unaudited, draft and/or internal financial information · Consolidated - Ifood Group entities (D&P Gooder Holding Ltd., Ifoodequipment.com Inc., iBC Food Equipment, Inc.) — Stated as 'aggregate amount exceeding $7,000,000 comprising secured, preferred and unsecured creditors' (floor, per word 'exceeding'); no total assets figure stated in these pages

Documents
26 filings
DateDocumentFile
Distribution OrderPDF
Affidavit of James Foran
  • Fee schedule Engagements: Form: invoice_listing · Rows: James Foran; Jorden Sleeth; Mathieu Laforest; Megan Waterhouse; Colleen O'Brien; Ian Lewis; Katelyn Parsons; Jakob Young · Money: Tax: $19K · Label: HST · Quote: plus harmonized sales tax ('HST') on fees and disbursements in the amount of $19,014.63 · Fees: $127K · Quote: Deloitte's invoiced fees inclusive of administrative expenses amount to $126,829.06 · Total: $152K · Quote: for a total of $152,135.15 · includes tax · includes disbursements · Approximate: false · Disbursements: $6.29K · Quote: Deloitte incurred and invoiced disbursements in the amount of $6,291.46 · Period: End: 2025-12-31 · Kind: cumulative · Label: the Period · Quote: covering the period of January 1 to December 31, 2025 (the 'Period') · Start: 2025-01-01 · Approval: State: unstated · Averages: — · Currency: Code: CAD · Quote: Total Amount Due (CAD) · Invoices: Tax: 1190.26 · Date: 2025-03-11 · Fees: 7562.5 · Quote: Total Amount Due (CAD) | 9,125.31 · Total: 9125.31 · Period end: 2025-01-11 · Period start: 2025-01-01; Tax: 1860.18 · Date: 2025-03-11 · Fees: 12040 · Quote: Total Amount Due (CAD) | 14,261.38 · Total: 14261.38 · Period end: 2025-01-18 · Period start: 2025-01-12 · Disbursements: 361.2; Tax: 2615.85 · Date: 2025-03-11 · Fees: 16775 · Quote: Total Amount Due (CAD) | 20,054.87 · Total: 20054.87 · Disbursements: 160.77; Date: 2025-05-19 · Fees: 12992.5 · Quote: Amount Due (CAD) | 15,652.09 · Total: 15652.09 · Period end: 2025-02-14 · Period start: 2025-02-01; Date: 2025-05-19 · Fees: 13330 · Quote: Total Amount Due (CAD) | 12,493.49 · Total: 12493.49 · Period end: 2025-02-28 · Period start: 2025-02-17; Date: 2025-06-16 · Fees: 10640 · Quote: For the period of April 1, 2025 to April 30, 2025 · Period end: 2025-04-30 · Period start: 2025-04-01; Tax: 838.55 · Fees: 3560 · Quote: Amount Due (CAD) | 6,828.22 · Total: 6828.22 · Period end: 2025-05-30 · Period start: 2025-05-01 · Disbursements: 2322.87; Date: 2025-11-13 · Fees: 5900 · Quote: Total Amount Due (CAD) | 15,076.73 · Total: 15076.73 · Period end: 2025-10-31 · Period start: 2025-09-01; Date: 2026-01-19 · Fees: 12840 · Quote: For the period of November 1, 2025 to December 31, 2025 · Period end: 2025-12-31 · Period start: 2025-11-01 · Firm text: Deloitte Restructuring Inc. · Firm quote: Summary of invoices of Deloitte Restructuring Inc. ("Deloitte") · Hours total: Quote: The total time comprised in the Invoices is 256.6 hours at an average hourly rate of approximately $479.87. · Value: 256.6 · Context quote: I am a Senior Vice President with Deloitte Restructuring Inc.('Deloitte'), the Court Appointed Receiver in the within matter
PDF
Affidavit of Simon-Pierre Godbout
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Label: the Period · Quote: completed work on this file during the Period · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: Cox & Palmer · Firm quote: Cox & Palmer · Hours total: Quote: The total time comprised in the Invoices is 108.4 hours at an average hourly rate of approximately $362.99. · Value: 108.4 · Context quote: The fees set out in the Invoices are calculated on the basis of the hours spent by Cox & Palmer personnel, multiplied by the applicable standard hourly rates charged by Cox & Palmer. · Comparability quote: To the best of my knowledge and belief, the rates charged by Cox & Palmer throughout these proceedings are comparable to the rates charged by other insolvency firms in the Atlantic Provinces for the provisions of similar services.
PDF
Notice of motionPDF
Third Report of the Court Appointed Receiver and ManagerPDF
Creditors Package - D&P Gooder Holding Ltd.PDF
Creditors Package - IBC Food Equipment Inc.PDF
Creditors Package - Ifoodequipment.com Inc.PDF
Second Receivership Order
  • Applicant ROYAL BANK OF CANADA
  • Appointee Deloitte Restructuring Inc.
  • Appointee role court-appointed Receiver
  • Commencement date 27 March 2025
  • + 3 more extracted facts
PDF
Approval and Vesting Order – Parcels 1A & 1BPDF
Approval and Vesting Order – Parcels 2A, 2B, 3 & 5PDF
Approval and Vesting Order – Parcels 4A, 4B & 4CPDF
Affidavit of Janice BarrieauPDF
Receiver’s BriefPDF
Second Report of the Court Appointed Receiver and Manager
  • Fee schedule Engagements: Form: prose · Rows: · Money: Fees: $236K · Quote: Deloitte's invoiced fees inclusive of administrative expenses amount to $236,302.63 · Approximate: false · Disbursements: $12.9K · Quote: Deloitte incurred and invoiced disbursements in the amount of $12,902.58 · Period: End: 2024-12-31 · Kind: invoice · Quote: from the period of September 26 to December 31, 2024, Deloitte's invoiced fees inclusive of administrative expenses amount to $236,302.63 · Start: 2024-09-26 · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: Deloitte Restructuring Inc. · Firm quote: SECOND REPORT OF THE COURT APPOINTED RECEIVER AND MANAGER DELOITTE RESTRUCTURING INC. · Hours total: Quote: The total time comprised in the Invoices is 535.1 hours at an average hourly rate of approximately $428.74. · Value: 535.1 · Context quote: appointing Deloitte Restructuring Inc. (' Deloitte ") as the receiver and manager (the ' Receiver ") without security; Form: prose · Rows: · Money: Fees: $6.16K · Quote: Cox & Palmer's invoiced fees amount to $6,162.50 · Approximate: false · Disbursements: $347 · Quote: Cox & Palmer incurred and invoiced disbursements in the amount of $346.78 · Period: End: 2025-01-31 · Kind: invoice · Label: the Period · Quote: covering the period of September 26, 2024 to January 31, 2025 (the 'Period') · Start: 2024-09-26 · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: Cox & Palmer · Firm quote: issued by Cox & Palmer for fees and disbursements (collectively, the 'Invoices') · Hours total: Quote: The total time comprised in the Invoices is 12.9 hours at an average hourly rate of approximately $477.71. · Value: 12.9 · Context quote: e copies of the detailed invoices issued by Cox & Palmer for fees and disbursements (collectively, the 'Invoices') in this matter covering the period of September 26, 2024 to January 31, 2025 (the 'Period')
  • Process results 56 solicited · 35 NDAs · as of 13 Jan 2025
  • Purchaser Proposed Transactions with named counterparties referenced but property/scope not individually attributed in unredacted text · the Property · asset sale · price sealed · proposed
  • Sale advisor Deloitte Restructuring Inc. (sale agent)
  • + 1 more extracted fact
PDF
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver
  • Commencement date 27 November 2024
  • + 3 more extracted facts
PDF
Sales Process OrderPDF
Affidavit of Joel Robbins
  • Secured creditors Note: Figures are facility limits/mortgage registration amounts, not stated outstanding balances. Guaranteed by Ifoodequipment.com Inc. and IBC Food Equipment, Inc., each to $1,222,000.00 plus interest from demand (related-party guarantors, affiliated companies). Demand letters re facility, credit card and GSA issued Nov 27, 2023. · Page: 5 · Debtor: D & P Gooder Holding Ltd. · Creditor: Royal Bank of Canada · Currency: CAD · Security: General Security Agreement dated June 16, 2021 over all present and after-acquired personal property, registered under PPSA; Two non-revolving demand facilities, limits $1,000,000.00 and $222,000.00 (Exhibit P); Avion Visa Business credit card, limit $10,000.00 (Exhibit Q); Collateral mortgage and assignment of rents dated August 4, 2021 over 170 Millennium Drive, Moncton, NB (PID No. 729129), registered amount $1,222,000.00 (Exhibit U); further collateral mortgage to maximum $1,000,000.00 executed pursuant to April 26, 2024 Forbearance Agreement extension
PDF
First Report of the Proposed Court Appointed Receiver Deloitte Restructuring
  • Financial position Liabilities $7M · per Proposed Receiver's understanding based on unaudited, draft and/or internal financial information · Consolidated - Ifood Group entities (D&P Gooder Holding Ltd., Ifoodequipment.com Inc., iBC Food Equipment, Inc.) — Stated as 'aggregate amount exceeding $7,000,000 comprising secured, preferred and unsecured creditors' (floor, per word 'exceeding'); no total assets figure stated in these pages
  • Secured creditors Note: Property tax arrears owing, referred to as a 'Priority Charge'; amount not stated · Page: 12 · Debtor: D&P Gooder Holding Ltd. · Creditor: Municipality (property tax authority) · Currency: CAD · Security: Statutory property tax lien
PDF
Notice of Application
  • Court IN THE COURT OF KING'S BENCH OF NEW BRUNSWICK
PDF
Written Submission of the Applicant Royal Bank of Canada
  • Counsel Boyneclarke LLP
PDF
Cover Letter sent to the CreditorsPDF
Listing of Creditors - D&P Gooder Ltd.
  • Secured creditors $1.09M · Page: 1 · As of: 2024-09-26 · Debtor: D&P Gooder Ltd. · Creditor: Royal Bank of Canada
  • Unsecured creditors $8.63K · Page: 1 · As of: 2024-09-26 · Basis: Listing of Creditors prepared without audit and based on information obtained by Deloitte · Debtor: D&P Gooder Ltd. · Creditor: Baker Tilly
PDF
Listing of Creditors - IBC Food Equipment Inc.PDF
Listing of Creditors - iFoodEquipement.com Inc.PDF
Notice and Statement of the ReceiverPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “iFoodequipment.com Inc.” (Receivership (court-appointed)), Court of King's Bench of New Brunswick. Retrieved 20 September 2026, https://proceedings.ca/case/ifoodequipment-com-inc

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