Proceedings.

Jeil M&S Canada Inc.

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Active
Proceeding
NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
File
31-3393320
Filings held3
Last activity30 Jul 2026
On the record83 days
OverviewSummary updated

Jeil M&S Canada Inc. filed a notice of intention to make a proposal under section 50.4 of the Bankruptcy and Insolvency Act on June 30, 2026, under estate number 31-3393320. The proceeding remains active. The Form 33 list of creditors with claims of $250 or more, prepared as of the NOI filing date, identifies Black & McDonald Limited at $4,700,000 and Solis Canada Inc at $4,690,000 as the largest claims, followed by a Canada Revenue Agency deemed trust class claim of $1,752,346.74, NextStar Energy Inc. at $1,320,060.22 and KMJ Industrial Contractors at $1,226,041. Smaller listed claims are Tilbury Steel at $135,361, Rodger Industries Inc. at $22,600 and Tannous Law Group at $14,640. All amounts are in Canadian dollars.

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Case updates3 dated entries
Parties

Debtor

Jeil M&S Canada Inc.

Proposal trustee

Bricks Damiani

Capital structureAs asserted in the filings
stated amounts, drawn to scale
Priority classCreditorAmountSource
UnsecuredBlack & McDonald Limited · in 6 casesas of NOI filing date — debtor: Jeil M&S Canada Inc.$4.7MNOI Notice to Creditors – Dated July 2, 2026
UnsecuredSolis Canada Incas of NOI filing date — debtor: Jeil M&S Canada Inc.$4.69MNOI Notice to Creditors – Dated July 2, 2026
UnsecuredCRA - Canada Revenue Agency (Tax Centre) · in 17 casesas of NOI filing date — Deemed trust class claim (CRA) — debtor: Jeil M&S Canada Inc.$1.75MNOI Notice to Creditors – Dated July 2, 2026
UnsecuredNextStar Energy Inc.as of NOI filing date — debtor: Jeil M&S Canada Inc.$1.32MNOI Notice to Creditors – Dated July 2, 2026
UnsecuredKMJ Industrial Contractors · in 3 casesas of NOI filing date — debtor: Jeil M&S Canada Inc.$1.23MNOI Notice to Creditors – Dated July 2, 2026
UnsecuredTilbury Steelas of NOI filing date — debtor: Jeil M&S Canada Inc.$135KNOI Notice to Creditors – Dated July 2, 2026
UnsecuredRodger Industries Inc.as of NOI filing date — debtor: Jeil M&S Canada Inc.$22.6KNOI Notice to Creditors – Dated July 2, 2026
UnsecuredTannous Law Groupas of NOI filing date — debtor: Jeil M&S Canada Inc.$14.6KNOI Notice to Creditors – Dated July 2, 2026
RecoveriesAs stated in the filings

Unsecured creditors: up to 100 %.Under the planNotice of Proposal to Creditors Package · 10 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredup to 100 %of proven claimsvs. 1 % in a bankruptcyUnder the planper the trusteeNotice of Proposal to Creditors Package · 10 Aug 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.

Estate financialsReported figures — never derived
Total assets at filing$5.28M
Total liabilities at filing$13.9M

per Statement of Affairs; estimated net realizable value; unaudited/draft internal financial information relied upon by Trustee · Jeil M&S Canada Inc. (entity level) — as at Proposal Filing Date — PPSA search indicated no secured creditors of Jeil Canada; Trustee states it is not aware of any Secured Creditors. Assets: Cash in Bank $191,000, Accounts Receivable $5,086,907 (estimated net realizable value; in liquidation likely nil). Company estimates Debtor Claims against NextStar in excess of $25,000,000 (forecast, not included in financial position); NextStar disputes $20,872,058 in change order claims and $5,040,784 in accounts receivable owing (disputed/contingent).

Documents3 filings
DateDocumentFile
Notice of Proposal to Creditors Package – Dated August 10, 2026
  • Commencement date 30 July 2026
  • Court file no 31-3393320
  • Financial position Assets $5.28M · Liabilities $13.9M · as at — · per Statement of Affairs; estimated net realizable value; unaudited/draft internal financial information relied upon by Trustee · Jeil M&S Canada Inc. (entity level) — PPSA search indicated no secured creditors of Jeil Canada; Trustee states it is not aware of any Secured Creditors. Assets: Cash in Bank $191,000, Accounts Receivable $5,086,907 (estimated net realizable value; in liquidation likely nil). Company estimates Debtor Claims against NextStar in excess of $25,000,000 (forecast, not included in financial position); NextStar disputes $20,872,058 in change order claims and $5,040,784 in accounts receivable owing (disputed/contingent).
  • Province ONTARIO
  • + 3 more extracted facts
PDF
NOI Notice to Creditors – Dated July 2, 2026
  • Appointee Bricks Damiani Inc.
  • Appointee role Trustee under the Proposal
  • Commencement date 30 June 2026
  • Province Ontario
  • + 1 more extracted fact
PDF
Certificate of Filing of a Notice of Intention to Make a Proposal – Dated June 30, 2026
  • Appointee Bricks Damiani Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 30 June 2026
  • Court file no 31-3393320
  • + 1 more extracted fact
PDF

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

CiteProceedings., “Jeil M&S Canada Inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/jeil-m-s-canada-inc

Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/jeil-m-s-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.