Proceedings.

Mitchell Press Limited

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Active
Proceeding
NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
File
B-260538
Filings held9
Last activity17 Sep 2026
On the record21 days
Secured debtSubscribers
OverviewSummary updated

Mitchell Press Limited filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on August 31, 2026, with MNP LTD / MNP LTÉE as Licensed Insolvency Trustee, under court file 11-3417658. Unaudited statements as at June 30, 2026 show total assets of $9.08 million against total liabilities of $17.99 million, with roughly 50 pieces of equipment carried at approximately $3.77 million and a monthly operating loss of ($99,588) for June 2026. Valiant Financial Services Inc. ranks first against substantially all property under an equipment sale and leaseback, owed $435,772.69 at the filing date; Slow Loris Holdings Ltd., a related Mitchell Group entity, ranks third at $14,369,617.53. Trade suppliers and other unsecured creditors were owed approximately $1.03 million. The proceeding is active.

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Case updates9 dated entries

6 earlier updates, back to 31 August 2026 subscribers.

Filing brief

Mitchell Press: the customer list, for 5% of what it earns

A Burnaby printer founded in 1928 by a Vancouver Sun editor filed a notice of intention on August 31 and is asking the court to approve the sale of its customer list to Dollco Print Solutions Group — no cash at closing, 5% of the revenue those customers generate for three years — along with authority to shut down operations and more time to make a proposal that would preserve its tax attributes for the family group.

Parties

Debtor

Mitchell Press Limited

Proposal trustee

MNP

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeMNPRichards Buell Sutton LLP16 Sep 2026Service list · 16 Sep 2026
DebtorMitchell Press LimitedOsler, Hoskin & Harcourt LLP16 Sep 2026Service list · 16 Sep 2026
CreditorDollco Print Solutions Group IncDla Piper LLP16 Sep 2026Service list · 16 Sep 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredSlow Loris Holdings Ltd.as of Filing Date — Slow Loris Promissory Note, secured against substantially all property of Mitchell Press — Related party - Slow Loris is a Mitchell Group entity; PPSA registration 642783R shows Valiant Mortgage Inc. as secured party against Slow Loris and related debtors for the underlying Valiant Mortgage Loan — debtor: Mitchell Press Limited$14.4MAffidavit #1 of D Mitchell
73 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Approval pendingCompany seeking approval of the Proposed Sale Transaction and the Dollco APAProposal Trustee's First Report to Court · 15 Sep 2026

PurchaserPriceStatusSource
Dollco Print Solutions Group Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 1 Sep 2026not statedApproved17 Sep 2026Order re Approval and Vesting Order
Closing termsvacant possession delivered by 12:00 noon on the Closing Date; parties may extend Closing Date by mutual agreement without further OrderOrder re Approval and Vesting Order
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$1.86M

As at 15 Sep 2026Proposal Trustee's First Report to Court

3 more reported figures, as at 15 Sep 2026Subscribe to view
Documents
9 filings
DateDocumentFile
Initial Order Made After ApplicationPDF · Subscribers
Order re Approval and Vesting Order
  • Closing terms vacant possession delivered by 12:00 noon on the Closing Date; parties may extend Closing Date by mutual agreement without further Order
  • Order date 17 September 2026
  • Purchaser Dollco Print Solutions Group Inc. · the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Service List
  • Counsel DLA Piper LLP
PDF · Subscribers
Affidavit #2 of D MitchellPDF · Subscribers
Proposal Trustee's First Report to Court
  • Operational summary Mitchell Press curtailed operations following the NOI filing and is winding down while pursuing a sale of its customer list to Dollco; the company continues to service remaining orders and pay suppliers/employees during the transition.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Affidavit #1 of D Mitchell
  • Applicant Mitchell Press Limited
  • Appointee MNP Ltd.
  • Appointee role proposal trustee
  • Commencement date 31 August 2026
  • + 6 more extracted facts
PDF · Subscribers
Notice of Application
  • Applicant Mitchell Press Limited
  • Appointee MNP LTD.
  • Appointee role proposal trustee
  • Commencement date 31 August 2026
  • + 6 more extracted facts
PDF · Subscribers
Creditors Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of the Notice of Intention
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 31 August 2026
  • Court file no 11-3417658
  • + 1 more extracted fact
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., “Mitchell Press Limited” (NOI), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/mitchell-press-limited

Sources last checked · summary updated 12 September 2026 · Report a correction · Printed from proceedings.ca/case/mitchell-press-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.