Proceedings.

Mernova Medicinal Inc. and Creso Canada Limited

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Closed
Proceeding
CCAACCAA
Filings held61
Last activity17 Oct 2025
On the record523 days

Early record. This matter is tracked from the court registry; its linked filings are the record, and extracted facts will appear here as its documents are processed. Still to come: a written summary; the stage tracker; assets; estate financials; the sale process.

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A claims procedure has been established — see the order for deadlines.

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Case updates40 dated entries · 22 undated
#Order

Mernova Medicinal Inc. and Creso Canada Limited — CCAA filed, Nova Scotia.

Undated filings22 — no date appears on the document · show
Filing

Assignment for the General Benefit of Creditors Application filed

PDF

Filing

Book of Authoriites Application filed

Filing

Brief of Law Application filed

Filing

Confidentiality and Non-Disclosure Agreement.pdf Application filed

Order

Draft Amended and Restated Initial Order.pdf Stay extended

Order

Draft Confidentiality Order Interim order granted

Order

Draft Confidentiality Order.pdf Interim order granted

Order

Draft Sale and Investment Sonication Process Order.pdf Interim order granted

Order

Draft Stay Extension Order Interim order granted

PDF

Filing

Draft WEPPA Declaration Order Application filed

Filing

FMOC Advertisement Confirmation in allNovaScotia Application filed

Filing

Fourth Affidavit of M. Mackay (Unsworn) Application filed

PDF

Report

Frequently Asked Questions.pdf Court officer report filed

PDF

Report

Mernova - Solicitation Letter.pdf Court officer report filed

Filing

Mernova Affidavit of Service - ARVO Notice Application filed

Report

Monitor's Consent to Act.pdf Court officer report filed

PDF

Filing

Notice of Application, Service List and Draft Initial Order.pdf Application filed

Claims

Notice of Bankruptcy, First Meeting of Creditors Claims process approved

Claims

Proof of Claim Form Claims process approved

Filing

Statement of Affairs Assignment in bankruptcy

Report

Supplement to the Third Report, dated August 4th, 2025 Court officer report filed

Filing

Third Affidavit of Micheline MacKay Application filed

PDF

Parties

Debtor

Mernova Medicinal Inc. and Creso Canada Limited

Monitor

Doane Grant Thornton

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 2 named without a figure
#Priority classCreditorAmountSource
4SecuredOther secured creditors (unnamed) · in 3 casesReferenced generally as 'amounts owing to its other secured creditors' without naming or quantifying them — debtor: Mernova Medicinal Inc.Fourth Affidavit of M. Mackay (Unsworn)
4SecuredLa Plata Capital LLC (Interim Lender)as of ARIO / Interim Financing Agreement — Interim Financing Charge pursuant to interim financing loan agreement approved in ARIO — Amount not stated on these pages; charge amended July 7, 2025 extending maturity date — debtor: Mernova Medicinal Inc.Fourth Affidavit of M. Mackay (Unsworn)
8UnsecuredCanada Revenue Agency (CRA) - Excise Tax Liability · in 926 casesUnremitted excise tax; deemed trust/quasi-governmental claim; part of Tax Liability subject to Tax Payment Plan — debtor: Mernova Medicinal Inc. · as of 4 Apr 2025$1.29MFourth Affidavit of M. Mackay (Unsworn)
8UnsecuredCanada Revenue Agency (CRA) - HST Liability · in 926 casesUnremitted HST; deemed trust/quasi-governmental claim; CRA subsequently audited period April 1-16, 2025 and assessed additional HST of $48,587.88 (pre-filing claim per Exhibit E) — debtor: Mernova Medicinal Inc. · as of 4 Apr 2025$307KFourth Affidavit of M. Mackay (Unsworn)
8UnsecuredCanada Revenue Agency (CRA) - HST Assessment (audit period April 1-16, 2025) · in 926 casesas of post-filing audit assessment; HST for period April 1, 2025 to April 16, 2025 — Deemed trust/quasi-governmental claim; separate from the pre-filing HST Liability of $307,307.31 — debtor: Mernova Medicinal Inc.$48.6KFourth Affidavit of M. Mackay (Unsworn)

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
61 filings
DateDocumentFile
Final Statement of Receipts and Disbursements dated October 17, 2025Trustee site
Positive Letter of Comment from the OSB dated October 17, 2025Trustee site
Service Affidavit of Creditor Package dated October 3, 2025Trustee site
Termination Certificate issued October 3, 2025.Trustee site
Certificate of Appointment dated October 2, 2025Trustee site
Preliminary Report of the Trustee dated October 2, 2025Trustee site
Distribution, Discharge and Termination Order dated September 23, 2025Trustee site
Fourth Report of the Monitor dated September 16, 2025Trustee site
Monitor's Brief dated September 16, 2025Trustee site
Notice of Motion dated September 16, 2025Trustee site
Service List as of September 16, 2025Trustee site
SISP Closing - Monitor's Certificate dated August 18, 2025Trustee site
WEPPA Declaration Order dated August 8, 2025Trustee site
Approval and Reverse Vesting Order dated August 5, 2025Trustee site
Notice of Motion on August 5, 2025Trustee site
Third Report of the Monitor dated July 30, 2025Trustee site
Affidavit of Service dated July 29, 2025Trustee site
Confidentiality Order dated July 14, 2025Trustee site
Stay Extension Order dated July 14, 2025Trustee site
Brief and Book of Authorities of the Application dated July 7, 2025Trustee site
Notice of Motion dated July 7, 2025Trustee site
Second Report of the Monitor Dated, July 7, 2025Trustee site
Amended and Restated Initial Order dated on April 25, 2025.pdfTrustee site
Confidentiality Order dated on April 25, 2025.pdfTrustee site
Sales and Investment Solicitation Approval Order dated on April 25, 2025.pdfTrustee site
Second Affidavit of Micheline MacKay.pdfPDF
First Report of the Monitor dated April 23, 2025.pdfTrustee site
Notice of Motion dated April 22, 2025.pdfTrustee site
CCAA Notice to Creditors dated April 17, 2025.pdfTrustee site
Brief and Book of Authorities of the Applicants.pdfPDF
CCAA Initial Order dated April 16, 2025.pdfTrustee site
Draft Approval and Reverse Vesting OrderPDF
Mernova Creditor Listing as at April 16, 2025.pdfTrustee site
Affidavit of Service dated April 15, 2025.pdfTrustee site
Initial Application - Companies' Brief and Book of Authorities.pdfPDF
Pre-filing Report of the Proposed Monitor dated April 10, 2025.pdfTrustee site
Affidavit of Micheline MacKay dated April 9, 2025.pdfTrustee site
Filed Affidavit in Support of Initial Order of Micheline Mackay filed April 9, 2025.pdfTrustee site
Notice of Application for Initial Order dated April 9, 2025.pdfTrustee site
Assignment for the General Benefit of CreditorsPDF
Book of AuthoriitesTrustee site
Brief of LawTrustee site
Confidentiality and Non-Disclosure Agreement.pdfTrustee site
Draft Amended and Restated Initial Order.pdfTrustee site
Draft Confidentiality OrderTrustee site
Draft Confidentiality Order.pdfTrustee site
Draft Sale and Investment Sonication Process Order.pdfTrustee site
Draft Stay Extension OrderPDF
Draft WEPPA Declaration OrderTrustee site
FMOC Advertisement Confirmation in allNovaScotiaTrustee site
Fourth Affidavit of M. Mackay (Unsworn)
  • Secured creditors Note: Amount not stated on these pages; charge amended July 7, 2025 extending maturity date · Page: 3 · As of: ARIO / Interim Financing Agreement · Debtor: Mernova Medicinal Inc. · Creditor: La Plata Capital LLC (Interim Lender) · Currency: CAD · Security: Interim Financing Charge pursuant to interim financing loan agreement approved in ARIO
  • Unsecured creditors $1.29M · Note: Unremitted excise tax; deemed trust/quasi-governmental claim; part of Tax Liability subject to Tax Payment Plan · Page: 15 · As of: 2025-04-04 · Basis: Stated as owed to CRA at time of CCAA filing / Tax Liability as of April 4, 2025 · Debtor: Mernova Medicinal Inc. · Creditor: Canada Revenue Agency (CRA) - Excise Tax Liability
PDF
Frequently Asked Questions.pdfPDF
Mernova - Solicitation Letter.pdfTrustee site
Mernova Affidavit of Service - ARVO NoticeTrustee site
Monitor's Consent to Act.pdfPDF
Notice of Application, Service List and Draft Initial Order.pdfTrustee site
Notice of Bankruptcy, First Meeting of CreditorsTrustee site
Proof of Claim FormTrustee site
Statement of AffairsTrustee site
Supplement to the Third Report, dated August 4th, 2025Trustee site
Third Affidavit of Micheline MacKayPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Mernova Medicinal Inc. and Creso Canada Limited” (CCAA), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/mernova-medicinal-inc-and-creso-canada-limited

Sources last checked · record updated 4 September 2026 · Report a correction · Printed from proceedings.ca/case/mernova-medicinal-inc-and-creso-canada-limited

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.