Mountain Sports Distribution Inc.
FollowActive
- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 11-3386911
Filings held3
Last activity16 Jun 2026
On the record97 days
Secured debt$20.1K
OverviewSummary updated
Mountain Sports Distribution Inc. filed an assignment into bankruptcy on June 16, 2026, commencing proceedings under the Bankruptcy and Insolvency Act in British Columbia. The company, referred to in the record as MSD or the bankrupt, entered bankruptcy by its own assignment rather than on a creditor petition. The proceeding remains active. The record to date consists of a single filing, a court officer report bearing the same date as the assignment; no subsequent milestones have been recorded.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Court officer report recording that MSD filed an assignment into bankruptcy, fixing June 16, 2026 as the commencement of the British Columbia proceeding.
Source: Trustee's Preliminary Report
Parties
Debtor
Mountain Sports Distribution Inc.
Trustee in bankruptcy
EY
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | ATB Financial - Asset Management · in 13 casesBank loans (except real property mortgage) secured by General Security Agreement over specific accounts receivable and GST/HST tax refund (assets 1001, 1301-1306) — Claim bifurcated secured/unsecured per Statement of Affairs: secured portion is $20,139.26 (matches secured creditors total on SOA); unsecured deficiency portion of $7,170,777.26 reported separately as unsecured claim; total claim $7,190,916.52; loan originally dated 09-Apr-2024. — debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $20.1K | Notice of Bankruptcy and Creditor Package |
| 4 | Secured | ATB Financial · in 56 casesas of NOI filing date — General security agreement (per PPSA report) — Per Trustee's Preliminary Report, this secured creditor had not filed a claim as at June 18, 2026, and the Trustee had not undertaken a review of the security; no balance stated. — debtor: Mountain Sports Distribution Inc. | — | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | ATB Financial - Asset Management · in 13 casesUnsecured deficiency portion of bifurcated bank loan claim; secured portion of $20,139.26 reported separately as secured creditor. — debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $7.17M | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Super ATVdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $91.9K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | American Racing Equipmentdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $14.1K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Mtech Inc.debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $12.2K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Moto Alliancedebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $7.7K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Razorback Offroad (Inventive Edge)debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $7.52K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Gamma Powersports · in 2 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $6.23K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Universal Parts Inc.debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $5.03K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Econofast Shipping Services Inc.debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $3.45K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Deloitte Management Services LP · in 8 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $2.81K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Maverick Distributingdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $2.09K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Kimpex · in 5 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.95K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Pushor Mitchell Lawyersdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.76K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Ricochet Offroad Armordebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.71K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Motovan Inc. · in 2 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.63K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Rival 4X4 USA Inc.debtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.58K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Hubspot Inc. · in 3 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.29K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | High Lifter Productsdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.23K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Horizon Manufacturing Group LLCdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.19K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | S3 Power Sportsdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $1.18K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | HMF Racing LLCdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $917 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Brandt Tractor · in 6 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $218 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Western Canadian Software · in 2 casesdebtor: 1267036 Alberta Ltd. o/a UTV Inc. · as of 16 Jun 2026 | $84 | Notice of Bankruptcy and Creditor Package |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Estate financialsReported figures — never derived
Total assets at filing$20.1K
Total liabilities at filing$7.36M
As at 16 Jun 2026 · per Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · Single entity - 1267036 Alberta Ltd. o/a UTV Inc. — Deficiency of $7,338,552.90 (liabilities exceed assets). A separate, unrelated entity in this filing package, Mountain Sports Distribution Inc., reported total assets of $107,185.00 (cash $61,885.33, GST refunds $7,478.22, accounts receivable $37,821.45) per the Trustee's Preliminary Report; its total liabilities were not stated in the pages provided.
Documents3 filings
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and Creditor Package
| ||
Trustee's Preliminary Report
| ||
Certificate of Assignment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Mountain Sports Distribution Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/mountain-sports-distribution-inc