#Order
Fourth Order Approving Extension of Time to Make a Proposal was filed.
Source: Fourth Order Approving Extension of Time to Make a Proposal
Island Milk Distributors Ltd. IMD Logistix
FollowActive
- Proceeding
- NOIsection 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1987, c. B-3, as amended
- File
- S1-BK-4145
OverviewSummary updated
Island Milk Distributors Ltd. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, carried on in the Supreme Court of Prince Edward Island (General Division) under court file S1-BK-4145. The record shows an application filed on November 14, 2024, followed by a further application dated December 5, 2024, the date on which the proceeding is recorded as having commenced. Beyond those two filings, the court, the file number and the statutory basis, the record supplies nothing further about the case's progress. The matter is identified as Island Milk Distributors Ltd. IMD Logistix.
Proceedings AIAsk this case — answers cite the filings
Case updates18 dated entries
#Report
The officer filed report no. Fourth Report. The company continues normal operations, meeting its financial obligations, while working with the Trustee, CRA, and potential lenders/buyers toward filing a viable proposal.
#Order
Third Order Approving Extension of Time to Make a Proposal was filed.
Source: Third Order Approving Extension of Time to Make a Proposal
15 earlier updates, back to 14 November 2024 — subscribers.
Parties
Debtor
Island Milk Distributors Ltd. IMD Logistix
Proposal trustee
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Finance PEI · in 5 casesas of NOI filing date (2024-11-14) — Provincial economic development lender; related-government secured creditor — debtor: Island Milk Distributors Ltd. | $350K | MNP Letter to Creditors and Affidavit of Mailing |
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cumulative receipts
$976K
As at 4 Mar 2025Third Report of the Proposal Trustee
Documents
18 filings
| Date | Document | File |
|---|---|---|
Fourth Order Approving Extension of Time to Make a Proposal
| PDF · Subscribers | |
Fourth Report of the Proposal Trustee
| PDF · Subscribers | |
Third Order Approving Extension of Time to Make a Proposal
| PDF · Subscribers | |
Third Report of the Proposal Trustee
| PDF · Subscribers | |
Second Order Approving Extension of Time to Make a Proposal
| PDF · Subscribers | |
Second Report of the Proposal Trustee
| PDF · Subscribers | |
| Draft Court Order | PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
| Court Order | PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
| Affidavit of Ian Coffin | PDF · Subscribers | |
Application Record of the Applicant
| PDF · Subscribers | |
| Factum and Book of Authorities of the Applicant | PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal | PDF · Subscribers | |
MNP Letter to Creditors and Affidavit of Mailing
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Trustee Consent to Act | 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., “Island Milk Distributors Ltd. IMD Logistix” (NOI), Supreme Court of Prince Edward Island. Retrieved 21 September 2026, https://proceedings.ca/case/island-milk-distributors-ltd