Mara Tech Aviation
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- 56184/15
- Industry
- Transportation & logistics · Aviation
Mara Tech Aviation remains under court-appointed receivership in Ontario, with BDO Canada Limited acting as receiver and manager since 4 August 2016. Royal Bank of Canada obtained the appointment from the Ontario Superior Court of Justice (Commercial List) under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file 56184/15. As of 15 August 2016, the receiver recorded RBC as secured for CAD 177,280.94 against the accounts receivable, equipment and machinery of Mara Tech Aviation Fuels (Sudbury) Ltd., with amounts owing to the Canada Revenue Agency and to wage claimants under section 81.4 listed as unknown. Schedule A to the receiver's notice and statement lists Hydro One Networks Inc. at CAD 562.90, Bell at CAD 215.85 and Northern Metering Services at CAD 135.60.
A claims procedure has been established — see the order for deadlines.
Per the 1.0 Complete Claims Package, November 15, 2017 dated 15 November 2017.
The court granted an approval and vesting order for the sale to Your Quick Gateway (Windsor) Inc. Closing terms, as extracted: Upon delivery of the Receiver's Certificate to the Debtors, the Debtors will deliver to the Purchaser the Purchased Assets. Sealed: Sale Agreement between the Receiver and Your Quick Gateway (Windsor) Inc.
Source: Approval and Vesting Order of Justice Reid, January 19, 2017
The officer filed report no. Second Report. The receivership continues with the Principals operating the business day-to-day while the Receiver pursues a going-concern sale of Mara Tech's operations to Executive Aviation, facing mounting creditor arrears, rent arrears, and an inadequate refinancing proposal.
Source: Second report of the Receiver, dated December 5, 2016
The officer filed report no. First Report. The Receiver did not take possession of the business, so the Debtors continue to operate the fueling and ground-support business themselves, with severely constrained cash flow and little reliable financial reporting. The Receiver ran a marketing process for a going-concern sale and received a single offer with deposit, still being negotiated.
Source: First report of the Receiver, dated November 14, 2016
Notice and Statement of the Receiver, Mara Tech Fuels, dated August 15, 2016 — Notice to creditors
Notice and Statement of the Receiver, Mara Tech Services, dated August 15, 2016 — Notice to creditors
Notice and Statement of the Receiver, Mara Tech Sudbury, dated August 15, 2016 — Notice to creditors
Notice and Statement of the Receiver, Mara Tech Thompson, dated August 15, 2016 — Notice to creditors
Receivership order made, placing Mara Tech Aviation under a court-appointed receiver and commencing the Ontario Superior Court proceeding on file no. 56184/15.
Undated filings1 — no date appears on the document · show
Book of Authorities of BDO Canada Limited, Receiver of Mara Tech Aviation Fuels Ltd. et al — Application filed
Debtor
Mara Tech Aviation
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hilliard | Ontario Superior Court of Justice | 1 order, Aug 2024 | 5 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | SimpsonWigle LAW LLP | 19 Jan 2017 | Factum · 25 Oct 2017 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesSecurity on accounts receivable and equipment and machinery — Amount owed stated as unknown; deemed trust class — debtor: Mara Tech Aviation Fuels (Sudbury) Ltd. · as of 15 Aug 2016 | — | Notice and Statement of the Receiver, Mara Tech Sudbury, dated August 15, 2016 |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 2 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 plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
3 transactions · 2 approved · 1 proposed — the sale transaction with Your Quick Gateway (Windsor) Inc. approved and vesting grantedApproval and Vesting Order of Justice Reid, January 19, 2017 · 19 Jan 2017
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Executive Aviation Fuels Ltd.the Property of Mara Tech that is located at the Windsor, North Bay, Sudbury, and Sault Ste. Marie airports on a going concern basis · asset sale · agreement 18 Nov 2016 | Subscribers | Proposed | Second report of the Receiver, dated December… |
| Executive Aviation Fuels Ltd.the Debtor's right, title and interest in the "Purchased Assets" as described in the Sale Agreement · asset sale · agreement 4 Nov 2016 | Sealed | Approved16 Dec 2016 | Approval & Vesting Order |
| Your Quick Gateway (Windsor) Inc.the Debtor's right, title and interest in the "Purchased Assets" as described in the Sale Agreement · asset sale · agreement 29 Dec 2016 | Sealed | Approved19 Jan 2017 | Approval and Vesting Order of Justice Reid,… |
Secured creditors: shortfall.EstimatedBook of Authorities of BDO Canada Limited, Receiver of Mara Tech…
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | The two secured creditors (CCFL and the Royal Bank of Canada) | — | short by | Estimated | Book of Authorities of BDO Canada Limited, Receiver of Mara Tech… |
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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See all plansProfessional fees
$124K
As at 30 Nov 2016Second report of the Receiver, dated December 5, 2016
| Date | Document | File |
|---|---|---|
024 08 01 - Order - RBC v Mara Tech - 15- 56184 - Hilliard J
| PDF · Subscribers | |
2024 08 01 - Endorsement - RBC v Mara Tech - 15- 56184 - Hilliard J
| PDF · Subscribers | |
FACTUM of Receiver, July 30, 2024
| PDF · Subscribers | |
| Motion Record returnable Thurs, July 25, 2024 | PDF · Subscribers | |
| 1.0 Complete Claims Package, November 15, 2017 | PDF · Subscribers | |
| Claims Procedure Order, dated November 2, 2017 | PDF · Subscribers | |
Distribution Order, dated November 2, 2017
| PDF · Subscribers | |
Factum of BDO Canada Limited, Receiver of Mara Tech Aviation Fuels Ltd. et al
| PDF · Subscribers | |
| Motion Record, dated October 25, 2017 | PDF · Subscribers | |
Approval and Vesting Order of Justice Reid, January 19, 2017
| PDF · Subscribers | |
Motion Record, dated January 16, 2017
| PDF · Subscribers | |
Approval & Vesting Order
| PDF · Subscribers | |
Motion Record, dated December 5, 2016
| PDF · Subscribers | |
Second report of the Receiver, dated December 5, 2016
| PDF · Subscribers | |
First report of the Receiver, dated November 14, 2016
| PDF · Subscribers | |
Notice and Statement of the Receiver, Mara Tech Fuels, dated August 15, 2016
| PDF · Subscribers | |
Notice and Statement of the Receiver, Mara Tech Services, dated August 15, 2016
| PDF · Subscribers | |
Notice and Statement of the Receiver, Mara Tech Sudbury, dated August 15, 2016
| PDF · Subscribers | |
Notice and Statement of the Receiver, Mara Tech Thompson, dated August 15, 2016
| PDF · Subscribers | |
| First report Appendices, A through L | PDF · Subscribers | |
Receivership Order, dated August 4, 2016
| PDF · Subscribers | |
Book of Authorities of BDO Canada Limited, Receiver of Mara Tech Aviation Fuels Ltd. et al
| 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., “Mara Tech Aviation” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/mara-tech-aviation