Proceedings.

KK Precision Inc

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Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Ontario Superior Court of Justice
File
CV-14-10573-00CL
Industry
Manufacturing · Machinery & equipment manufacturing
Filings held25
Last activity31 Aug 2015
On the record4,542 days
Secured debtSubscribers
OverviewSummary updated

KK Precision Inc. obtained protection under the Companies' Creditors Arrangement Act on an initial order granted May 30, 2014 before the Ontario Superior Court of Justice (Commercial List), in court file CV-14-10573-00CL. Richter Advisory Group Inc. is named as monitor. The Bank of Montreal is listed with a secured claim of $12,156,050.00. Unsecured claims include $115,040.12 owed to Heenan Blaikie LLP, $72,732.45 to Vac Aero (Boucherville) and $67,635.25 to Fountain Plating. The matter remains active.

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Case updates25 dated entries
Parties

Debtor

KK Precision Inc

Monitor

Richter

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice Wilton-SiegelOntario Superior Court of Justice4 orders, May 2014 – Nov 2014111 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorRichterAird & Berlis LLP28 Jul 2014Service list · 28 Jul 2014
CreditorBank of Montreal and BMO Capital CorporationDentons Canada LLP28 Jul 2014Service list · 28 Jul 2014
CreditorHEENAN BLAIKIEMinden Gross LLP28 Jul 2014Service list · 28 Jul 2014
CreditorLANDLORDGowling Lafleur Henderson LLP (now Gowling WLG (Canada) LLP)28 Jul 2014Service list · 28 Jul 2014
CreditorRIVER VI, L.PAird & Berlis LLP28 Jul 2014Service list · 28 Jul 2014
CreditorSIEMENS ENERGY INCAird & Berlis LLP28 Jul 2014Service list · 28 Jul 2014
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 297 casesas of SOA amount — Claim status: Not proved; no proof of claim filed — debtor: KK Precision Inc.$12.2MCreditors’ List – dated June 6, 2014
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

146 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs declared or paid

Bank of Montreal and BMO Capital Partners: a distribution.FinalOrder extending delay for the Plan of Arrangement until November 28,… · 16 Sep 2014

ClassCreditorClaimsRecoveryBasisSource
SecuredBank of Montreal and BMO Capital Partners—interimconditionalFinalOrder extending delay for the Plan of Arrangement until November 28,… · 16 Sep 2014

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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Documents
25 filings
DateDocumentFile
Monitor’s Discharge CertificatePDF · Subscribers
Amended & restated order – dated November 25, 2014
  • Presiding officer Justice Wilton-Siegel
PDF · Subscribers
Order – dated November 13, 2014
  • Presiding officer Justice Wilton-Siegel
PDF · Subscribers
Fourth report of Richter Advisory Group Inc. – dated November 6, 2014PDF · Subscribers
Motion Record (Returnable November 13, 2014) – dated November 6, 2014PDF · Subscribers
Order extending delay for the Plan of Arrangement until November 28, 2014 – dated September 16, 2014
  • Recovery outcome Entries: per actual · Stated on: 2014-09-16 · Table missing:
PDF · Subscribers
Third Report of Richter Advisory Group Inc. in its capacity as Monitor of KK Precision Inc. – dated September 11, 2014PDF · Subscribers
Motion Record (Returnable September 16, 2014) – dated September 10, 2014
  • Recovery outcome Entries: per unstated · Stated on: 2014-09-10 · Table missing:
PDF · Subscribers
Approval and vesting Order – dated August 5, 2014
  • Presiding officer Justice Penny
PDF · Subscribers
Service List – updated July 28, 2014
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Motion Record (Returnable August 1, 2014) – dated July 25, 2014PDF · Subscribers
Second Report of Richter Advisory Group Inc. in its capacity as Monitor of KK Precision Inc. – dated July 25, 2014PDF · Subscribers
Hearing Request Form to report on the Status of the Sales Process – dated July 14, 2014PDF · Subscribers
Endorsement (motion record returnable June 25, 2014) – dated June 25, 2014PDF · Subscribers
Order – dated June 25, 2014
  • Presiding officer Justice Wilton-Siegel
PDF · Subscribers
First Report of Richter Advisory Group Inc. In its capacity as Monitor of KK Precision Inc. – dated June 24, 2014PDF · Subscribers
Motion Record (Returnable June 25, 2014) – dated June 24, 2014PDF · Subscribers
Creditors’ List – dated June 6, 2014
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice to creditors – dated June 6, 2014PDF · Subscribers
Form 1 – dated June 2, 2014PDF · Subscribers
Endorsement – dated May 30, 2014PDF · Subscribers
Initial Order – dated May 30, 2014
  • Applicant KK PRECISION INC.
  • Appointee Richter Advisory Group Inc.
  • Appointee role Monitor
  • Commencement date 30 May 2014
  • + 5 more extracted facts
PDF · Subscribers
Monitor’s Report – dated May 29, 2014PDF · Subscribers
Petition for the Issuance of an Initial Order Volume 1 – dated May 29, 2014
  • Applicant KK Precision Inc.
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-14-10573-00CL
  • Province ONTARIO
PDF · Subscribers
Petition for the Issuance of an Initial Order Volume 2 – dated May 29, 2014
  • Applicant KK Precision Inc.
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-14-10573-00CL
  • Statutory basis Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
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., “KK Precision Inc” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/kk-precision-inc

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Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/kk-precision-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.