M&F Leblanc Oil Ltd
- Proceeding
- Receivership (court-appointed)section 33 of the Judicature Act, Rule 41 of the Rules of Court and section 243(1) of the BIA
- File
- SJM-62-2026
- Industry
- Energy · Fuel distribution & propane
M&F Leblanc Oil Ltd has been the subject of proceedings under the Bankruptcy and Insolvency Act since April 17, 2026, when a receivership order was granted in the Court of King's Bench of New Brunswick. The matter carries court file number SJM 72-2026. The proceeding remains active, and the receivership order of that date is the only milestone entered on the record to date.
The officer filed report no. Second Report. The Receiver took possession of M&F's assets, terminated all employees, and ceased the Company's fuel distribution operations; it is now pursuing a court-approved sale and investment solicitation process (SISP) for the equipment, inventory, and investment property, and is considering assigning the Company into bankruptcy.
Source: Second Report of the Receiver
A receivership order was granted, commencing the proceeding under the BIA in the Court of King's Bench of New Brunswick under file number SJM 72-2026.
Source: Receivership Order
Undated filings4 — no date appears on the document · show
Debtor
M&F Leblanc Oil Ltd
Receiver
Deloitte
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorToronto-Dominion Bank | McInnes Cooper | — | Application |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency - HST · in 8 casesDeemed trust class (HST/GST source deductions) listed among secured creditors. — debtor: M&F Leblanc Oil Ltd. · as of 31 Mar 2026 | $277K | Notice and Statement of the Private Receiver |
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
40 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale process approved — Sale and investment solicitation process approved by the Sale Process Order of June 2, 2026; sealed offers for the Assets invited until July 17, 2026.Tender Package · 2 Jun 2026
1 engagement · 1 firm — Deloitte Restructuring Inc.Second Report of the Receiver · 22 May 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Deloitte Restructuring Inc.Receiver | — | — | Second Report of the Receiver · 22 May 2026 |
2 blurred figures above
What the firm billed — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$142K
As at 15 May 2026Second Report of the Receiver
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Ancillary and Sealing Order | PDF · Subscribers | |
| Approval and Vesting Order - Parcel # 2 | PDF · Subscribers | |
| Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
| Order | PDF · Subscribers | |
Teaser
| PDF · Subscribers | |
| Letter to Court | PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
Second Report of the Receiver
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Tender Package
| PDF · Subscribers | |
First Report of the Proposed Receiver
| PDF · Subscribers | |
Notice and Statement of the Private Receiver
| PDF · Subscribers | |
Affidavit of Michael Lach
| PDF · Subscribers | |
| Affidavit of Jeff Davies | PDF · Subscribers | |
A pplicant's Pre hearing Brief
| PDF · Subscribers | |
Notice of Application TD Bank
| PDF · Subscribers | |
Pre-Hearing Memorandum
| PDF · Subscribers | |
| Record M&F Leblanc Oil Ltd. Filed Documents | 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., “M&F Leblanc Oil Ltd” (Receivership (court-appointed)), Court of King's Bench of New Brunswick. Retrieved 5 November 2026, https://proceedings.ca/case/m-f-leblanc-oil-ltd