Proceedings.

Imerys Talc Canada Inc.

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Active
Proceeding
Foreign recognition (CCAA)SECTION 46 OF THE COMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED
Court
Ontario Superior Court of Justice · Commercial List
File
CV-19-614614-00CL
Filings held97
Last activity25 Mar 2026
On the record2,770 days
OverviewSummary updated

Imerys Talc Canada Inc. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), carried on the Commercial List under court file number CV-19-614614-00CL in Ontario. No dated filings or milestones have been recorded on this page to date.

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Case updates97 dated entries

94 earlier updates, back to 20 February 2019 subscribers.

Parties

Debtor

Imerys Talc Canada Inc.

Information officer

KPMG

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredUnsecured trade payables (aggregate as reported) · in 3 casesas of Petition Date — Also stated as CAD$6.2 million equivalent; majority relate to amounts accrued for goods or services rendered but not invoiced as at Petition Date; document names no individual creditors — debtor: Imerys Talc Canada Inc.$4.7M USDFirst Report of the Information Officer (Richter)

1 more claim across lower-ranking classes

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Sale processAs stated in the filings

2 transactions · 2 closedthe Asset Sale to Magris has closedTenth Report of the Information Officer (KPMG) · 23 Mar 2026

PurchaserPriceStatusSource
Magris Resources Canada Inc.Stalking horsesubstantially all of the Debtors' assets · asset sale · agreement 13 Oct 2020SubscribersClosed17 Feb 2021Tenth Report of the Information Officer (KPMG)
unnamedthe J&J Settlementnot statedClosed21 Feb 2025Tenth Report of the Information Officer (KPMG)
AdvisorsPJT (financial advisor); PJT Partners LP (financial advisor); A&M (financial advisor)Eighth Report of the Information Officer (Richter) 2020-10-31
RecoveriesAs stated in the filings

Unsecured creditors: paid in full.Under the plan · vote pendingFirst Report of the Information Officer (KPMG) · 22 Feb 2021

ClassCreditorClaimsRecoveryBasisSource
PreferredPriority claims, secured claims, and general unsecured claims, including the unsecured creditors of ITCpaid in fullUnder the planvote pendingTenth Report of the Information Officer (KPMG) · 23 Mar 2026
UnsecuredClass 3a (Allowed Unsecured Claims against the Debtors, including unsecured creditors of ITC)paid in fullUnder the planvote pendingper the monitorFirst Report of the Information Officer (KPMG) · 22 Feb 2021
EquityClass 6c Equity Interests in ITIpaid in fullUnder the planvote pendingper the debtorMotion Record (Returnable March 25, 2026) - Volume 01 · 25 Mar 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.

4 stated figures across 3 outcomes, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cash on hand

$52M USD

As at 23 Mar 2026Tenth Report of the Information Officer (KPMG)

Documents
97 filings
DateDocumentFile
Endorsement of Justice Black dated 2026-03-25
  • Presiding officer Justice Black
PDF · Subscribers
Factum of the Foreign Representative (Returnable March 25, 2026)PDF · Subscribers
Motion Record (Returnable March 25, 2026) - Volume 01
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-19-614614-00CL
  • Recovery outcome Entries: per plan; per plan · Table missing:
PDF · Subscribers
Motion Record (Returnable March 25, 2026) - Volume 02PDF · Subscribers
Motion Record (Returnable March 25, 2026) - Volume 03PDF · Subscribers
Motion Record (Returnable March 25, 2026) - Volume 04PDF · Subscribers
Order (Recognition of Foreign Order)PDF · Subscribers
Tenth Report of the Information Officer (KPMG)
  • Closing confirmed Closed · 17 Feb 2021 · Magris; Closed · 21 Feb 2025
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Service ListPDF · Subscribers
Endorsement of Justice Steele dated 2024-11-28
  • Presiding officer Justice Steele
PDF · Subscribers
Factum of the Foreign Representative (Returnable November 22, 2024)PDF · Subscribers
Motion Record (Returnable November 22, 2024) - Part 01PDF · Subscribers
Motion Record (Returnable November 22, 2024) - Part 02PDF · Subscribers
Ninth Report of the Information Officer (KPMG)
  • Closing confirmed Closed · 17 Feb 2021 · Magris
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Supplementary Affidavit of E. Danner
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Disclosure StatementPDF · Subscribers
Second Joint PlanPDF · Subscribers
Endorsement of Justive Cavanagh dated 2024-05-30PDF · Subscribers
Factum of Foreign Representation (returnable May 30, 2024)PDF · Subscribers
Motion Record (returnable May 30, 2024)PDF · Subscribers
Order (Recognition of Foreign Orders)PDF · Subscribers
Eighth Report of the Information Officer (KPMG)
  • Operational summary The Debtors are pursuing a Chapter 11 plan of reorganization involving mediation with insurers, environmental remediation of former sites, and settlement agreements with insurers to fund a personal injury trust for talc claimants.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Endorsement of Justice McEwen dated 2023-04-26
  • Presiding officer Justice McEwen
PDF · Subscribers
Order (Recognition of Mediation Extension Orders and Stipulation Order) dated 2023-04-26
  • Order date 26 April 2023
PDF · Subscribers
Factum (dated 2023-04-24)PDF · Subscribers
Seventh Report of the Information Officer (KPMG)
  • Operational summary The report addresses recognition of a US Stipulation Order reallocating professional fee reimbursement obligations among the three Debtors following the Asset Sale, and extension of the mediation period aimed at resolving mediation issues to avoid a contested plan confirmation process.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record (dated 2023-04-21)PDF · Subscribers
Motion Record (Returnable September 15, 2022)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan · Table missing:
PDF · Subscribers
Sixth Report of the Information Officer (KPMG)
  • Operational summary The report focuses on recognition of orders related to the Broughton Property reclamation agreement, appeals of the FCR Order, and mediation extensions, rather than the Debtors' ongoing business operations, which appear to be winding down toward emergence from Chapter 11 free of talc liabilities.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record (Returnable May 3, 2022)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan · Table missing:
PDF · Subscribers
Order (Recognition of Foreign orders) for the two documents dated 2022-05-03PDF · Subscribers
Fifth Report of the Information Officer (KPMG)
  • Operational summary The Debtors, having sold substantially all assets to Magris in 2021, are focused on resolving post-closing disputes with Magris via a settlement and continuing insurance-related mediation, while proceeding toward confirmation of a Chapter 11 plan channeling talc injury claims to a trust.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Factum of the Applicant re Recognition of Foreign Orders (Returnable December 22, 2021)PDF · Subscribers
Motion Record (Returnable Dec 22, 2021)
  • Recovery outcome Entries: per unstated; per plan; per plan; per plan; per plan · Table missing:
PDF · Subscribers
Order (Recognition of Foreign orders) for the two documents dated 2021-12-22PDF · Subscribers
Fourth Report of the Information Officer (KPMG)
  • Operational summary The report focuses on Chapter 11 recognition matters, including the Mediation Order addressing insurance and settlement disputes tied to the Cyprus Settlement Agreement, and notes the Debtors no longer have sufficient votes to meet the Plan approval threshold following the Court's Opinion on the Affirmation Motions.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Factum of the Foreign Representative (Returnable Oct 1, 2021)PDF · Subscribers
Motion Record (Returnable Oct 1, 2021)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan · Table missing:
PDF · Subscribers
Third Report of the Information Officer (KPMG)
  • Operational summary The Debtors sold substantially all of their talc assets to Magris and are no longer in the mining, processing, selling, or distributing talc business; they are now pursuing acquisitions of new operating businesses/real property using sale proceeds while working toward confirmation of their Chapter 11 plan.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Factum of the Applicant re Recognition of Foreign Orders (Returnable April 19, 2021)PDF · Subscribers
Motion Record re Recognition of Foreign Orders (Returnable April 19 2021)
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per plan; per plan · Table missing:
PDF · Subscribers
Second Report of the Information Officer (KPMG)
  • Operational summary The Debtors' talc business was sold to Magris (closed February 17, 2021), with most management transitioning to Magris; the Debtors retained CohnReznick's Eric Danner as CRO to manage post-sale wind-down operations and administration while the Chapter 11 plan of reorganization (channeling talc injury claims to a trust) moves toward a confirmation hearing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Endorsement (Recognition of Solicitation Procedures Order)PDF · Subscribers
Factum re Recognition of Solicitation Procedures Order (Returnable February 23, 2021)PDF · Subscribers
Motion Record re Recognition of Solicitation Procedures Order (Returnable February 23, 2021)PDF · Subscribers
Order (Recognition of Solicitation Procedures Order)PDF · Subscribers
First Report of the Information Officer (KPMG)
  • Operational summary Following the closing of the Magris transaction on February 17, 2021, the Debtors, including ITC, no longer have any active operations or material assets in Canada or North America, and cash flows will now only be reported on a combined basis rather than at the entity level.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Factum of the Foreign Representative (Returnable Jan 26, 2021)PDF · Subscribers
Motion Record (Returnable Jan 26, 2021)PDF · Subscribers
Order (Recognition of Continuance Order)PDF · Subscribers
Order (Substitution Order)PDF · Subscribers
Report of Proposed Information Officer (KPMG) 2021-01-21PDF · Subscribers
Tenth Report of the Information Officer (Richter) 2021-01-21PDF · Subscribers
EndorsementPDF · Subscribers
Factum of the Applicant (Re Recognition of the Sale Approval Order) (Returnable November 25, 2020)PDF · Subscribers
Motion Record (Re Recognition of sale approval order) (Returnable November 25, 2020)PDF · Subscribers
Order (Recognition of Sale Approval Order)
PDF · Subscribers
Ninth Report of the Information Officer (Richter) 2020-11-23
  • Process results 110 solicited · 50 NDAs · 25 LOIs · 1 qualified bids · as of 10 Nov 2020
  • Purchaser Magris Resources Canada Inc. · the Purchased Assets (as defined in the Asset Purchase Agreement) · asset sale · approved
  • Sale advisor PJT (financial advisor)
  • Sale outcome Sale approved — the US Court granted the relief sought by the Debtors and entered the Sale Approval Order
  • + 1 more extracted fact
PDF · Subscribers
Endorsement Justice Markus Koehnen
  • Presiding officer Justice Markus
PDF · Subscribers
Factum of the Applicant (Returnable November 3, 2020) - dated 2020-11-02PDF · Subscribers
Motion Record (Re Recognition Motion) (Returnable November 3, 2020)PDF · Subscribers
Eighth Report of the Information Officer (Richter) 2020-10-31
  • Purchaser Magris Resources Canada Inc. (stalking horse) · substantially all of the Debtors' assets · asset sale · approved
  • Sale advisor A&M (financial advisor)
  • Sale outcome Sale approved — The Sale Process is ongoing with a Stalking Horse Bid approved and an auction and sale hearing scheduled.
  • Stalking horse Subscribers
PDF · Subscribers
Motion Record (Re Recognition motion) (Returnable July 3, 2020)PDF · Subscribers
Order (Bidding Procedures)
  • Sale advisor PJT Partners LP (financial advisor)
  • Sale outcome Sale process approved — recognition of a bidding procedures order authorizing and approving bidding procedures for the sale of all or substantially all of the Debtors' assets and scheduling an auction
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Seventh Report of the Information Officer (Richter)
  • Recovery outcome Entries: per plan; per plan · Stated on: 2020-06-30 · Table missing:
  • Sale advisor PJT (financial advisor)
  • Sale outcome Sale process approved — sales process for substantially all of the Debtors' assets is underway pursuant to the Bidding Procedures Order
  • Stalking horse Subscribers
PDF · Subscribers
Endorsement Part IPDF · Subscribers
Endorsement Part IIPDF · Subscribers
Motion Record (Re Foreign Order) (Returnable April 1, 2020)PDF · Subscribers
Order (Stipulation order)PDF · Subscribers
Sixth Report of the Information Officer (Richter)PDF · Subscribers
Motion Record (Foreign Orders) (Returnable December 3, 2019)PDF · Subscribers
Order (Indirect Talc Claims Bar Date and KERP Orders)PDF · Subscribers
Fifth Report of the Information Officer (Richter)PDF · Subscribers
Book of Authorities (Returnable October 28, 2019)PDF · Subscribers
Factum of the Applicant (re Foreign Orders Returnable October 28, 2019)PDF · Subscribers
Order (Foreign Orders)PDF · Subscribers
Fourth Report of the Information Officer (Richter)PDF · Subscribers
Motion Record (Foreign Orders) (Returnable October 28 2019)PDF · Subscribers
Book of Authorities (Returnable August 7, 2019)PDF · Subscribers
Motion Record (Fee Examiner and Bar Date Orders) (Returnable August 7, 2019)PDF · Subscribers
Order (Fee Examiner and Bar Date Orders)PDF · Subscribers
Third Report of the Information Officer (Richter)PDF · Subscribers
Factum of the Applicant (Returnable May 24, 2019)PDF · Subscribers
Foreign OrdersPDF · Subscribers
Motion record (Returnable May 24, 2019)PDF · Subscribers
Book of Authorities (Returnable May 24 2019)PDF · Subscribers
Second Report of the Information Officer (Richter)PDF · Subscribers
Factum of the Applicant (Returnable April 3, 2019)PDF · Subscribers
Motion Record - (Returnable April 3, 2019)PDF · Subscribers
First Report of the Information Officer (Richter)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Initial Recognition order (Foreign Main Proceedings)
  • Applicant Imerys Talc Canada Inc.
  • Commencement date 20 February 2019
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-19-616164-00CL
  • + 1 more extracted fact
PDF · Subscribers
Supplemental Order (Foreign Main Proceedings)PDF · Subscribers
Book of Authorities (Returnable February 19, 2019)PDF · Subscribers
Factum of the Applicant (Returnable February 19, 2019)PDF · Subscribers
Application Record Volume 1 of 2
  • Applicant IMERYS TALC CANADA INC.
  • Commencement date 15 February 2019
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Proceeding type recognition_ccaa
  • + 1 more extracted fact
PDF · Subscribers
Application Record Volume 2 of 2
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Report of the Proposed Information Officer (Richter)
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., “Imerys Talc Canada Inc.” (Foreign recognition (CCAA)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/imerys-talc-canada-inc

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