Proceedings.

LSI Logistix Canada Inc. Et al.

ClosedFollow
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Ontario Superior Court of Justice · Commercial List
File
CV-22-00682169-00CL
Filings held5
Last activity28 Jan 2025
On the record1,599 days
Secured debtSubscribers
OverviewSummary updated

LSI Logistix Canada Inc. and affiliated debtors were placed into court-appointed receivership on June 20, 2022 by the Ontario Superior Court of Justice (Commercial List), under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding carries court file number CV-22-00682169-00CL. The file is now closed. The receivership order of June 20, 2022 remains the only milestone captured on this page: no receiver's reports, sale approvals, distribution orders or discharge materials are reflected in the record, and no hearing dates are recorded.

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Case updates5 dated entries
Parties

Debtor

LSI Logistix Canada Inc. Et al.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice PennyOntario Superior Court of Justice2 orders, Jun 2022196 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDOThornton Grout Finnigan LLP28 Jan 2025Order · 28 Jan 2025
ApplicantHSBC Bank CanadaThornton Grout Finnigan LLP20 Jun 2022Order · 20 Jun 2022
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredHSBC Bank Canada · in 55 casesGeneral security agreements (GSAs) dated April 23, 2019 from the Debtor and each Corporate Guarantor over all present and after-acquired personal property, assets and undertaking; unlimited corporate guarantees from each Guarantor dated April 23, 2019; PPSA registrations against all Debtors made March 12, 2019 against all classes of collateral except consumer goods — Aggregate principal amount outstanding under the Credit Facilities (Operating Loan, BDC Co-Lend Facility and FX Facility), including interest and costs; also includes US$414.39 outstanding as at same date. Also secured by a limite · as of 30 May 2022$1.86MMotion Record of the Plaintiff, HSBC Bank Canada returnable June 20, 2022
4Secured
5PMSI / lessors

2 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.

Every creditor and every amount, drawn to scale.

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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.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents5 filings
DateDocumentFile
Discharge Order dated January 28 2025
  • Counsel Thornton Grout Finnigan LLP
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Endorsement of Justice Dietrich dated January 28, 2025
  • Presiding officer Justice Dietrich
PDF · Subscribers
Endorsement of Justice Penny dated June 20, 2022
  • Presiding officer Justice Penny
PDF · Subscribers
Receivership Order dated June 20, 2022
  • Commencement date 20 June 2022
  • Counsel Thornton Grout Finnigan LLP
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-22-00682169-00CL
  • + 2 more extracted facts
PDF · Subscribers
Motion Record of the Plaintiff, HSBC Bank Canada returnable June 20, 2022
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., “LSI Logistix Canada Inc. Et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/lsi-logistix-canada-inc-et-al

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/lsi-logistix-canada-inc-et-al

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.