Proceedings.

Jacob Dredge License Holdings Inc.

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Proceeding
Insolvency proceeding (type unspecified)SUBSECTIONS 245(1) AND 246(1) OF THE BANKRUPTCY AND INSOLVENCY ACT
Filings held1
Last activity27 Nov 2025
On the record298 days
Secured debt$1.04M
OverviewSummary updated

Jacob Dredge License Holdings Inc. has been the subject of proceedings under the Bankruptcy and Insolvency Act since November 27, 2025, in Newfoundland and Labrador. On that same date, identified in the record as the Appointment Date, Deloitte Restructuring Inc. was appointed receiver and manager, and the record marks a claims process as approved as of commencement. The proceeding is active. Nothing further has been recorded: the record contains no subsequent filings, no reported claims figures and no hearing dates, so the appointment and the commencement-date claims process are the whole of what can presently be said about where the case stands.

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Case updates1 dated entry
Parties

Debtor

Jacob Dredge License Holdings Inc.

Court officer

Deloitte

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesListed by the Receiver as a secured creditor (deemed-trust class); nominal $1 amount as stated. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1Notice to creditors dated December 4, 2025
4SecuredBusiness Development Bank of Canada · in 241 casesAppointing secured creditor whose security led to the receivership. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1.04MNotice to creditors dated December 4, 2025
4SecuredQuin-Sea Fisheries Limiteddebtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$356KNotice to creditors dated December 4, 2025
4SecuredNortip Development CorporationNominal $1 amount as listed by the Receiver, based on information obtained by Deloitte. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1Notice to creditors dated December 4, 2025
8UnsecuredJacob DredgeIndividual sharing the debtor's namesake, likely a related party (principal); nominal $1 amount as listed. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1Notice to creditors dated December 4, 2025
8UnsecuredRoland WayNominal $1 amount as listed. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1Notice to creditors dated December 4, 2025
8UnsecuredDepartment of Fisheries and OceansGovernment department creditor; nominal $1 amount as listed. — debtor: Jacob Dredge License Holdings Inc. · as of 27 Nov 2025$1Notice to creditors dated December 4, 2025
Documents1 filing
DateDocumentFile
Notice to creditors dated December 4, 2025
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver and manager
  • Commencement date 27 November 2025
  • Province NEWFOUNDLAND AND LABRADOR
  • + 3 more extracted facts
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Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Jacob Dredge License Holdings Inc.” (Insolvency proceeding (type unspecified)). Retrieved 20 September 2026, https://proceedings.ca/case/jacob-dredge-license-holdings-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/jacob-dredge-license-holdings-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.