Imerys Talc Canada Inc.
- 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
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.
A claims procedure has been established — see the order for deadlines.
Reported Class 3a unsecured claims against the North American Debtors, including ITC's unsecured creditors, unimpaired and paid in full under the Second Joint Plan, with priority non-tax claims recovering 100%.
Reported the Debtors pursuing plan confirmation through insurer mediation, environmental remediation of former sites, and insurer settlements funding a personal injury trust for talc claimants.
Order granted in the Ontario proceeding two days after the court officer's April 24, 2023 report.
Source: Order (Recognition of Mediation Extension Orders and Stipulation Order) dated 2023-04-26
Reported a settlement resolving post-closing disputes with Magris and continuing insurance mediation as the Debtors moved toward confirmation of a plan channelling talc injury claims to a trust.
Covered recognition of orders concerning the Broughton Property reclamation agreement, appeals of the FCR Order, and further extension of the mediation period.
Addressed a mediation order on insurance and settlement disputes tied to the Cyprus Settlement Agreement, and noted the Debtors no longer held sufficient votes to meet the plan approval threshold after the Affirmation Motions opinion.
Reported the Debtors out of the talc mining, processing and distribution business and deploying sale proceeds toward acquisitions of operating businesses and real property while pursuing plan confirmation.
Reported most management had transitioned to Magris and that CohnReznick's Eric Danner was retained as chief restructuring officer to run the post-sale wind-down ahead of a plan confirmation hearing.
Addressed recognition of a US stipulation order reallocating professional fee reimbursement obligations among the three Debtors following the asset sale, together with an extension of the mediation period.
Motion Record re Recognition of Foreign Orders (Returnable April 19 2021) — Application / notice of application
Confirmed the Magris sale of substantially all talc operations closed February 17, 2021, leaving ITC with no active operations or material assets and approximately USD$9.1 million cash on hand at February 12, 2021.
Motion Record re Recognition of Solicitation Procedures Order (Returnable February 23, 2021) — Application / notice of application
Order (Recognition of Sale Approval Order) – dated November 25, 2020 was filed.
Source: Order (Recognition of Sale Approval Order) – dated November 25, 2020
Order granted after PJT's canvass of approximately 110 parties produced 50 confidentiality agreements and 25 indications of interest, leaving Magris Resources Canada Inc.'s USD$223,000,000 stalking horse bid as the only qualified bid.
Motion Record (Re: Recognition of sale approval order) (Returnable November 25, 2020) – dated November 20, 2020 — Application / notice of application
Motion Record (Re Recognition Motion) (Returnable November 3, 2020) — Application / notice of application
The court approved a sale and investment solicitation process.
Source: Order (Bidding Procedures)
Motion Record (Re: Recognition motion) (Returnable July 3, 2020) – dated June 30, 2020) — Application / notice of application
Motion Record (Re Foreign Order) (Returnable April 1, 2020) — Application / notice of application
Motion Record (Foreign Orders) (Returnable December 3, 2019) — Application / notice of application
Motion Record (Foreign Orders) (Returnable October 28 2019) — Application / notice of application
Motion Record (Fee Examiner and Bar Date Orders) (Returnable August 7, 2019) – dated July 31, 2019 — Application / notice of application
Book of Authorities – (Returnable April 3, 2019) – dated April 2, 2019 — Application / notice of application
Recognition proceeding opened in the Ontario Superior Court of Justice (Commercial List); at the February 13, 2019 Petition Date ITC had roughly USD$4.7 million of unsecured trade payables and USD$3.4 million cash.
Source: Initial Recognition order (Foreign Main Proceedings)
Imerys Talc Canada applied under section 46 of the CCAA, reporting CAD$40.3 million of assets against CAD$16.2 million of liabilities at December 31, 2018 and no secured financing arrangements.
Source: Application Record Volume 1 of 2
Application Record Volume 2 of 2 – dated February 15, 2019 — Application / notice of application
Undated filings3 — no date appears on the document · show
Notice of deadlines for filing of proof of claim, including 503(b)(9) claims and excluding Talc Personal Injury Claims — Claims process approved
Debtor
Imerys Talc Canada Inc.
Information officer
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice McEwen | Ontario Superior Court of Justice | 12 orders, Feb 2019 – Apr 2023 | 143 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 198 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, May 2024 | 318 cases on record |
| Justice Koehnen | Ontario Superior Court of Justice | 2 orders, Nov 2020 – Dec 2021 | 83 cases on record |
| Justice Hainey | Ontario Superior Court of Justice | 2 orders, Nov 2020 – Jan 2021 | 211 cases on record |
| Justice Markus | Ontario Superior Court of Justice | 2 orders, Nov 2020 | 5 cases on record |
Counsel of record
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured 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 USD | First Report of the Information Officer (Richter) |
| Unsecured |
1 more claim in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 2 closed — the Asset Sale to Magris has closedTenth Report of the Information Officer (KPMG) · 23 Mar 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Magris Resources Canada Inc.Stalking horsesubstantially all of the Debtors' assets · asset sale · agreement 13 Oct 2020 | Subscribers | Closed17 Feb 2021 | Tenth Report of the Information Officer (KPMG) |
| unnamedthe J&J Settlement | not stated | Closed21 Feb 2025 | Tenth Report of the Information Officer (KPMG) |
Unsecured creditors: paid in full.Under the plan · vote pendingFirst Report of the Information Officer (KPMG) · 22 Feb 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | Priority claims, secured claims, and general unsecured claims, including the unsecured creditors of ITC | — | paid in full | Under the planvote pending | Tenth Report of the Information Officer (KPMG) · 23 Mar 2026 |
| Unsecured | Class 3a (Allowed Unsecured Claims against the Debtors, including unsecured creditors of ITC) | — | paid in full | Under the planvote pendingper the monitor | First Report of the Information Officer (KPMG) · 22 Feb 2021 |
| Equity | Class 6c Equity Interests in ITI | — | paid in full | Under the planvote pendingper the debtor | Motion Record (Returnable March 25, 2026) - Volume 01 · 18 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.
As at ·
Cash on hand
$52M USD
As at 23 Mar 2026Tenth Report of the Information Officer (KPMG)
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Black dated 2026-03-25
| PDF · Subscribers | |
Order (Recognition of Foreign Order)
| PDF · Subscribers | |
Factum of the Foreign Representative (Returnable March 25, 2026)
| PDF · Subscribers | |
Tenth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Motion Record (Returnable March 25, 2026) - Volume 01
| PDF · Subscribers | |
| Motion Record (Returnable March 25, 2026) - Volume 02 | PDF · Subscribers | |
| Motion Record (Returnable March 25, 2026) - Volume 03 | PDF · Subscribers | |
| Motion Record (Returnable March 25, 2026) - Volume 04 | PDF · Subscribers | |
Endorsement of Justice Steele dated 2024-11-28
| PDF · Subscribers | |
| Motion Record (Returnable November 22, 2024) - Part 02 | PDF · Subscribers | |
Factum of the Foreign Representative (Returnable November 22, 2024)
| PDF · Subscribers | |
Ninth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Supplementary Affidavit of E. Danner
| PDF · Subscribers | |
| Motion Record (Returnable November 22, 2024) - Part 01 | PDF · Subscribers | |
| Disclosure Statement | PDF · Subscribers | |
| Second Joint Plan | PDF · Subscribers | |
Endorsement of Justive Cavanagh dated 2024-05-30
| PDF · Subscribers | |
Order (Recognition of Foreign Orders)
| PDF · Subscribers | |
Factum of Foreign Representation (returnable May 30, 2024)
| PDF · Subscribers | |
Eighth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
| Motion Record (returnable May 30, 2024) | PDF · Subscribers | |
Endorsement of Justice McEwen dated 2023-04-26
| PDF · Subscribers | |
Order (Recognition of Mediation Extension Orders and Stipulation Order) dated 2023-04-26
| PDF · Subscribers | |
Factum (dated 2023-04-24)
| PDF · Subscribers | |
Seventh Report of the Information Officer (KPMG)
| PDF · Subscribers | |
| Motion Record (dated 2023-04-21) | PDF · Subscribers | |
Sixth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Motion Record (Returnable September 15, 2022)
| PDF · Subscribers | |
Order (Recognition of Foreign orders) for the two documents dated 2022-05-03
| PDF · Subscribers | |
Fifth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Motion Record (Returnable May 3, 2022)
| PDF · Subscribers | |
Order (Recognition of Foreign orders) for the two documents dated 2021-12-22
| PDF · Subscribers | |
| Factum of the Applicant re Recognition of Foreign Orders (Returnable December 22, 2021) | PDF · Subscribers | |
Fourth Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Motion Record (Returnable Dec 22, 2021)
| PDF · Subscribers | |
| Factum of the Foreign Representative (Returnable Oct 1, 2021) | PDF · Subscribers | |
Third Report of the Information Officer (KPMG)
| PDF · Subscribers | |
Motion Record (Returnable Oct 1, 2021)
| 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)
| PDF · Subscribers | |
Second Report of the Information Officer (KPMG)
| PDF · Subscribers | |
| Endorsement (Recognition of Solicitation Procedures Order) | PDF · Subscribers | |
Order (Recognition of Solicitation Procedures Order)
| PDF · Subscribers | |
| Factum re Recognition of Solicitation Procedures Order (Returnable February 23, 2021) | PDF · Subscribers | |
First Report of the Information Officer (KPMG)
| PDF · Subscribers | |
| Motion Record re Recognition of Solicitation Procedures Order (Returnable February 23, 2021) | PDF · Subscribers | |
Order (Recognition of Continuance Order)
| PDF · Subscribers | |
Order (Substitution Order)
| PDF · Subscribers | |
| Factum of the Foreign Representative (Returnable Jan 26, 2021) | PDF · Subscribers | |
| Motion Record (Returnable Jan 26, 2021) | PDF · Subscribers | |
| Report of Proposed Information Officer (KPMG) 2021-01-21 | PDF · Subscribers | |
Service List – dated January 21 2021
| PDF · Subscribers | |
| Tenth Report of Richter Advisory Group Inc. in its capacity as Information Officer – dated January 21, 2021 | PDF · Subscribers | |
| Tenth Report of the Information Officer (Richter) 2021-01-21 | PDF · Subscribers | |
| Endorsement – dated November 25, 2020 | PDF · Subscribers | |
Order (Recognition of Sale Approval Order)
| PDF · Subscribers | |
| Factum of the Applicant (Re Recognition of the Sale Approval Order) (Returnable November 25, 2020) | PDF · Subscribers | |
Ninth Report of Richter Advisory Group Inc., in its capacity as Information Information Officer – dated November 23, 2020
| PDF · Subscribers | |
| Motion Record (Re: Recognition of sale approval order) (Returnable November 25, 2020) – dated November 20, 2020 | PDF · Subscribers | |
Endorsement Justice Markus Koehnen – dated November 3, 2020
| PDF · Subscribers | |
Order – (Recognition of Foreign Orders) – dated (November 3, 2020)
| PDF · Subscribers | |
| Factum of the Applicant (Returnable November 3, 2020) – dated November 2, 2020 | PDF · Subscribers | |
Eighth Report of Richter Advisory Group Inc., in its capacity as Information Officer – dated October 31, 2020
| PDF · Subscribers | |
| Motion Record (Re Recognition Motion) (Returnable November 3, 2020) | PDF · Subscribers | |
Order (Bidding Procedures)
| PDF · Subscribers | |
| Motion Record (Re: Recognition motion) (Returnable July 3, 2020) – dated June 30, 2020) | PDF · Subscribers | |
Seventh Report of the Information Officer (Richter)
| PDF · Subscribers | |
Endorsement Part I
| PDF · Subscribers | |
| Endorsement Part II | PDF · Subscribers | |
Order (Stipulation order) – dated April 1, 2020
| PDF · Subscribers | |
| Sixth Report of Richter Advisory Group Inc. in its capacity as Information Officer – dated March 28,2020 | PDF · Subscribers | |
Motion Record (Re Foreign Order) (Returnable April 1, 2020)
| PDF · Subscribers | |
| Endorsement – dated December 3, 2019 | PDF · Subscribers | |
Order (Indirect Talc Claims Bar Date and KERP Orders)
| PDF · Subscribers | |
| Fifth Report of the Information Officer – dated November 27, 2019 | PDF · Subscribers | |
| Motion Record (Foreign Orders) (Returnable December 3, 2019) | PDF · Subscribers | |
| Notice of Deadlines for Filing Proofs of Claim for Indirect Talc Claims – dated November 22, 2019 | PDF · Subscribers | |
| Order Establishing a Bar Date for Indirect Talc Claims and Related Procedures for Filing Proofs of Claim for Indirect Talc Claims and Approving Form and Manner of Notice Thereof – dated November 22, 2019 | PDF · Subscribers | |
| Endorsement – dated October 28, 2019 | PDF · Subscribers | |
Order (Foreign Orders) – dated Oct 28, 2019
| PDF · Subscribers | |
| Fourth 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) – dated October 23, 2019 | PDF · Subscribers | |
| Motion Record (Foreign Orders) (Returnable October 28 2019) | PDF · Subscribers | |
| Book of Authorities August 7, 2019(Returnable August 7, 2019) | PDF · Subscribers | |
| Endorsement – dated August 7, 2019 | PDF · Subscribers | |
Order (Fee Examiner and Bar Date Orders) – dated August 7, 2019
| PDF · Subscribers | |
| Third Report of Richter Advisory Group Inc., in its capacity as Information Officer – dated August 2, 2019 | PDF · Subscribers | |
| Motion Record (Fee Examiner and Bar Date Orders) (Returnable August 7, 2019) – dated July 31, 2019 | PDF · Subscribers | |
| Order Establishing Bar Dates and Related Procedures for Filing Proofs of Claim Other Than Talc Claims – dated July 25, 2019 | PDF · Subscribers | |
| Endorsement – dated May 24, 2019 | PDF · Subscribers | |
Foreign Orders
| PDF · Subscribers | |
| Book of Authorities (Returnable May 24 2019) | PDF · Subscribers | |
Factum of the Applicant (Returnable May 24, 2019)
| PDF · Subscribers | |
| Second Report of the Information Officer (Richter) | PDF · Subscribers | |
| Motion record (Returnable May 24, 2019) | PDF · Subscribers | |
| Endorsement – dated April 3, 2019 | PDF · Subscribers | |
Factum of the Applicant (Returnable April 3, 2019)
| PDF · Subscribers | |
Foreign Orders – dated April 3 2019
| PDF · Subscribers | |
| Motion Record - (Returnable April 3, 2019) | PDF · Subscribers | |
| Book of Authorities – (Returnable April 3, 2019) – dated April 2, 2019 | PDF · Subscribers | |
First Report of the Information Officer (Richter)
| PDF · Subscribers | |
Initial Recognition order (Foreign Main Proceedings) – dated February 20, 2019
| PDF · Subscribers | |
Supplemental Order (Foreign Main Proceedings)
| PDF · Subscribers | |
| Endorsement dated February 19, 2019 | PDF · Subscribers | |
Application Record Volume 1 of 2
| PDF · Subscribers | |
| Application Record Volume 2 of 2 – dated February 15, 2019 | PDF · Subscribers | |
| Book of Authorities (Returnable February 19, 2019) | PDF · Subscribers | |
| Factum of the Applicant – (Returnable February 19, 2019) – dated February 15, 2019 | PDF · Subscribers | |
| Report of Richter Advisory Group Inc., in its capacity as Proposed Information Officer – dated February 15, 2019 | PDF · Subscribers | |
| Claim Withdrawal Form | PDF · Subscribers | |
| Notice of deadlines for filing of proof of claim, including 503(b)(9) claims and excluding Talc Personal Injury Claims | PDF · Subscribers | |
| Proof of Claim Form | 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 5 November 2026, https://proceedings.ca/case/imerys-talc-canada-inc