Proceedings.

Kooshie Cushions of Canada Limited

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Active
Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and s. 43(9) of the Judicature Act
File
554688
Filings held12
Last activity3 Jul 2026
On the record80 days
Secured debtSubscribers
OverviewSummary updated

Kooshie Cushions of Canada Limited is the subject of an active court-appointed receivership proceeding in the Supreme Court of Nova Scotia under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, court file no. 554688. Its secured creditor, the Business Development Bank of Canada, is owed an aggregate $2,565,282.75 as of April 2, 2026, secured by a mortgage and an assignment of leases and rents, both dated January 10, 2025. BDC issued a private receiver appointment letter on April 24, 2026. Arrears on the same facility as of April 22, 2026 were stated in Deloitte correspondence as $78,580.28 in interest and $17,637.75 in principal, excluding BDC's professional fees. Deloitte's April 20, 2026 engagement letter disclosed that BDC also holds a corporate guarantee from Sun Kissed Energy Incorporated and a personal guarantee from an individual guarantor.

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Case updates11 dated entries · 1 undated

8 earlier updates, back to 3 July 2026 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Kooshie Cushions of Canada Limited

Receiver

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KeithSupreme Court of Nova Scotia1 order, Jul 20266 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantBoyneClarke LLP15 Jun 2026Application · 15 Jun 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBusiness Development Bank of Canada (BDC) · in 241 casesMortgage and assignment of rents recorded January 10, 2025 against property at 339 Willow Street, Truro, NS (PID 20239059); general security agreement signed by Sun Kissed Energy Incorporated, registered under PPSA — Loan originally approved October 16, 2024 in amount of $3,500,000.00 at 7.40% per annum, amended from time-to-time (facility/original advance amount, not outstanding balance); amount in default as of April 7, 2026 demand letter plus interest and professional fees; secured also by personal guarantee of Mark Shelley and corporate guarantee of Sun Kissed Energy Incorporated (related · as of 7 Apr 2026$2.57MNotice of Application in Chambers

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Fees and ratesAs stated in the filings

1 engagement · 1 firmDeloitte Restructuring Inc., Affidavit of James Foran · 30 Jun 2026

FirmPeriodHoursFeesRatesSource
Deloitte Restructuring Inc.ReceiverAffidavit of James Foran · 30 Jun 2026
7 stated figures across 1 engagement, each sourcedSubscribe to view
Documents
12 filings
DateDocumentFile
Receivership Order
  • Applicant Business Development Bank of Canada
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver manager
  • Court Supreme Court of Nova Scotia In Bankruptcy and Insolvency
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of James Foran
  • Fee schedule · Financial position · Secured creditors Subscribers
PDF · Subscribers
Reply Written Submission of the ApplicantPDF · Subscribers
Affidavit of Mark ShelleyPDF · Subscribers
Brief of the RespondentPDF · Subscribers
Court Cover LetterPDF · Subscribers
Notice of ContestPDF · Subscribers
Written Submission of the ApplicantPDF · Subscribers
Affidavit of Joshua J. SantimawPDF · Subscribers
Notice of Application in Chambers
  • Applicant Business Development Bank of Canada
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Receiver and Receiver Manager
  • Counsel Certificate Joshua J. Sa BOYNECLARKE LLP
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Marius Cassie
  • Court Supreme Court of Nova Scotia
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Book of Authorities of the ApplicantPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Kooshie Cushions of Canada Limited” (Receivership (court-appointed)), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/kccl

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/kccl

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.

Kooshie Cushions of Canada Limited — Receivership | Proceedings.