North American Fur Auctions Inc.
Follow- Proceeding
- CCAAthe Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-19-00630241-00CL
North American Fur Auctions Inc. has been under CCAA protection in the Ontario Superior Court of Justice since October 31, 2019, under court file CV-19-00630241-00CL, with Deloitte serving as monitor. The application was brought together with North American Fur Producers Inc., NAFA Properties Inc. and 3306319 Nova Scotia Limited. A list of creditors revised as of November 11, 2019 and prepared from NAFA's books and records as of October 31, 2019 puts unsecured claims against North American Fur Auction Inc. at an aggregate $49,595,937, a figure that itemises claims over $1,000 individually and includes reported aggregates of $13,983,988 for individual payables over $1,000 and $837,532 for trade payables and other liabilities under $1,000. The proceedings remain active.
A claims procedure has been established — see the order for deadlines.
Per the Fresh as Amended Claims Process Order dated January 17, 2024.pdf dated 17 January 2024.
Motion Record of the Applicants re: Plan Sanction returnable April 12, 2024 dated April 5, 2024.pdf — Application / notice of application
99 earlier updates, back to 31 October 2019 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
North American Fur Auctions Inc.
Monitor
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice McEwen | Ontario Superior Court of Justice | 13 orders, Nov 2019 – May 2023 | 134 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 7 orders, Sep 2023 – Apr 2024 | 285 cases on record |
| Justice McEwan | Ontario Superior Court of Justice | 3 orders, Jul 2020 – Jan 2023 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorDeloitte | Miller Thomson LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| ApplicantBusiness Development Bank of Canada | Thornton Grout Finnigan LLP | 8 Nov 2019 | Endorsement · 8 Nov 2019 |
| ApplicantNorth American Fur Auctions Inc. | Blaney McMurtry LLP | 26 Aug 2020 | Endorsement · 26 Aug 2020 |
| CreditorCanadian Imperial Bank of Canada (CIBC) | Blake, Cassels & Graydon LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorEmployees | Koskie Minsky LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorEXP Services Inc | Chaitons LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorInternational Fur Trade Federation, IFF Americas and Fur Europe | Chaitons LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorMaatschap Kanters, H.A.J | Dickinson Wright LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorMeadowvale Land Limited and Rebecca's Gift Holdings Limited | Minden Gross LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorMichael's Furs/ Montana Fur Traders | Weisz Fell Kour LLP | 27 Nov 2020 | Service list · 27 Nov 2020 |
| CreditorSheila Anne Cooper | Koskie Minsky LLP | 25 May 2023 | Application · 25 May 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesThis is the total of the itemised list (individual creditors with claims >$1,000) plus reported aggregates for 'Individuals Payables Over $1,000.00' ($13,983,988), and 'Trade Payables & Other Liabilities Under $1,000.00' ($837,532); document provides its own grand total of $49,595,937. — debtor: North American Fur Auction Inc. · as of 31 Oct 2019 | $49.6M | Creditor List .pdf |
10 transactions · 4 closed · 4 approved · 2 proposed — NAFA has realized on the bulk of its assets for the benefit of its creditors, with the intellectual property/business asset sale closed and Polish and Wisconsin property sales pending closing.Tenth Report of the Monitor .PDF · 22 Jul 2022
| Purchaser | Price | Status | Source |
|---|---|---|---|
| purchaser of the Wisconsin Properties not yet identified; sale process contemplatedthe Wisconsin Properties · real property | not stated | Proposed | Second Report of the Monitor .pdf |
| purchaser of the Polish Property not yet identified; listing broker engagedthe Polish Property · real property | not stated | Proposed | Second Report of the Monitor .pdf |
| Lange Group of Companies Ltd.the assets described in the Sale Agreement (the "Purchased Assets") · real property · nominee/assignee: 2728148 Ontario Inc. · agreement 18 Apr 2019 | not stated | Closeddate not stated | Third Report of the Monitor .pdf |
| Gestion Famille Wei Li II Inc. and Wei Li Family Holding II Inc.the Vendor's right, title, and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 11 Dec 2020 | Subscribers | Approved7 Apr 2021 | Approval and Vesting Order re Skyway .pdf |
| Niche Bakers Properties Inc.the Ground Lease relating to the Skyway Property · real property | not stated | Closed30 Apr 2021 | Seventh Report of the Monitor .PDF |
| unnamed purchaser of the Williams Property, offer from Star Holding Inc. not acceptedthe Williams Property · real property | not stated | Closed10 Sep 2021 | Seventh Report of the Monitor .PDF |
| Sinobec Group Inc.the Intellectual Property, the Phase I Assets and the Phase II Assets described in the Sale Agreement · auction · agreement 18 Apr 2021 | not stated | Approved26 Apr 2022 | Approval and Vesting Order, dated April 26,… |
| purchaser of intellectual property and business assets, unnamedCertain intellectual property and business assets (e.g. computers and other assets necessary to support a fur auction business) · auction | not stated | Closed29 Apr 2022 | Tenth Report of the Monitor .PDF |
| purchaser of the Polish property, unnamedNAFA's former European office and warehouse located in Poland · real property | not stated | Approved | Tenth Report of the Monitor .PDF |
| purchaser of the Wisconsin property, unnamedA warehouse in Stoughton, Wisconsin that NAFA formerly used for fur storage · real property | not stated | Approved | Tenth Report of the Monitor .PDF |
Unsecured creditors: no distribution. Syndicated Lenders paid in full.Under the plan · implementedMotion Record of the Applicants re: Plan Sanction returnable April 12,… · 12 Apr 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | first priority mortgagee on 1600 Williams Drive property | — | paid in full | Finalper the debtor | Motion Record of the Applicants re Stay Extension dated September 24,… · 24 Sep 2021 |
| Secured | Business Development Bank of Canada | — | paid in full | Finalper the debtor | Motion Record of the Applicants re Stay Extension dated September 24,… · 24 Sep 2021 |
| SecuredUnaffected Secured Syndicate Claim | Syndicated Lenders | — | paid in full | Under the planimplementedper the monitor | Order of Justice Conway re: Sanction of Plan of Arrangement, dated… · 12 Apr 2024 |
| Secured | Unaffected Secured Syndicate Claim | — | paid in fullconditional | Under the planimplementedper the monitor | Sixteenth Report of the Monitor .PDF · 15 Jan 2024 |
| Preferred | CCAA Priority Payment Claims | — | paid in full | Under the planimplementedper the monitor | Order of Justice Conway re: Sanction of Plan of Arrangement, dated… · 12 Apr 2024 |
| Unsecured | Affected Creditor with a Proven Claim (de minimis pro rata share under $25) | — | no distributionconditional | Under the planimplementedper the debtor | Motion Record of the Applicants re: Plan Sanction returnable April 12,… · 12 Apr 2024 |
| Equity | — | — | no recovery | Under the planimplementedper the monitor | Seventeenth Report of the Monitor .PDF · 5 Apr 2024 |
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.
7 engagements · 3 firms — latest: Deloitte Restructuring Inc., 1 Jan – 31 Dec 2022Eleventh Report of the Monitor, dated January 18, 2023.PDF · 18 Jan 2023
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| (firm not named)capacity not statedperiod 2 of 2 · firm not named in the heading | 1 Mar – 30 Dec 2021 | — | — | — | Eighth Report of the Monitor, dated January 28, 2022.PDF · 28 Jan 2022 |
| (firm not named)Counsel to the monitorperiod 1 of 2 · firm not named in the heading | 24 Oct 2019 – 30 Jun 2020 | — | — | — | Fourth Report of the Monitor .pdf · 24 Aug 2020 |
| Deloitte Restructuring Inc.Monitorperiod 4 of 4 | 1 Jan – 31 Dec 2022Sought | — | — | — | Eleventh Report of the Monitor, dated January 18, 2023.PDF · 18 Jan 2023 |
| Deloitte Restructuring Inc.Monitorperiod 2 of 4 | 1 Mar – 30 Dec 2021 | — | — | —4 people | Eighth Report of the Monitor, dated January 28, 2022.PDF · 28 Jan 2022 |
| Deloitte Restructuring Inc.Monitorperiod 1 of 4 | 24 Oct 2019 – 30 Jun 2020 | — | — | —16 people | Fourth Report of the Monitor .pdf · 24 Aug 2020 |
| Deloitte Restructuring Inc.Monitorperiod 1 of 4 | Combined PeriodSought | — | — | — | Eleventh Report of the Monitor, dated January 18, 2023.PDF · 18 Jan 2023 |
| Miller Thomson LLPCounsel to the monitor | 1 Jul 2020 – 28 Feb 2021 | — | — | —7 people | Sixth Report of the Monitor .pdf · 5 Apr 2021 |
| Date | Document | File |
|---|---|---|
| Plan Implementation Certificate, dated May 10, 2024.PDF | PDF · Subscribers | |
Endorsement of Justice Conway, dated April 12, 2024.pdf
| PDF · Subscribers | |
Motion Record of the Applicants re: Plan Sanction returnable April 12, 2024 dated April 5, 2024.pdf
| PDF · Subscribers | |
Order of Justice Conway re: Sanction of Plan of Arrangement, dated April 12, 2024.pdf
| PDF · Subscribers | |
| Factum of Applicants re: Plan Sanction, dated April 5, 2024.pdf | PDF · Subscribers | |
Seventeenth Report of the Monitor .PDF
| PDF · Subscribers | |
| Motion Record of the Applicants Returnable March 26, 2024, dated March 25, 2024.pdf | PDF · Subscribers | |
Instructions for Completing the Proxy.PDF
| PDF · Subscribers | |
Notice of Meeting.PDF
| PDF · Subscribers | |
Endorsement of Justice Conway, dated January 17, 2024.pdf
| PDF · Subscribers | |
Fresh as Amended Claims Process Order dated January 17, 2024.pdf
| PDF · Subscribers | |
Meeting Order dated January 17, 2024.pdf
| PDF · Subscribers | |
Proxy.PDF
| PDF · Subscribers | |
| Factum of the Applicants, dated January 15, 2024.pdf | PDF · Subscribers | |
Sixteenth Report of the Monitor .PDF
| PDF · Subscribers | |
| Motion Record of the Applicants, dated January 11, 2024 returnable January 17, 2024 | PDF · Subscribers | |
| NAFA's Proposed Plan of Arrangement dated January 11, 2024.PDF | PDF · Subscribers | |
| Motion Record of the Applicants, Returnable November 29, 2023 - dated November 24, 2023.pdf | PDF · Subscribers | |
Stay Extension Order, dated November 29, 2023.pdf
| PDF · Subscribers | |
| Fifteenth Report of the Monitor .PDF | PDF · Subscribers | |
Endorsement of Justice Conway .pdf
| PDF · Subscribers | |
| Motion Record of the Applicants, Returnable September 26, 2023.pdf | PDF · Subscribers | |
Order of Justice Conway re Stay Extension dated September 26, 2023.pdf
| PDF · Subscribers | |
| Fourteenth Report of the Monitor .PDF | PDF · Subscribers | |
| Proof of Claim.pdf | PDF · Subscribers | |
| Claims Process Instruction Letter.pdf | PDF · Subscribers | |
| Claims Process Notice.pdf | PDF · Subscribers | |
Endorsement of Justice McEwen, dated May 25, 2023.pdf
| PDF · Subscribers | |
Motion Record of Certain Terminated NAFA Employees re WEPPA, returnable May 25, 2023.pdf
| PDF · Subscribers | |
Order of Justice McEwen re Claims Process, dated May 25, 2023.pdf
| PDF · Subscribers | |
Order of Justice McEwen re WEPPA, dated May 25, 2023.pdf
| PDF · Subscribers | |
| Thirteenth Report of the Monitor .PDF | PDF · Subscribers | |
Endorsement of Justice McEwen re Stay Extension, dated April 26, 2023.pdf
| PDF · Subscribers | |
| Motion Record of the Applicants Returnable April 26, 2023 - dated April 21, 2023.pdf | PDF · Subscribers | |
Order of Justice McEwen re Stay Extension, dated April 26, 2023.pdf
| PDF · Subscribers | |
| Twelfth Report of the Monitor, dated April 23, 2023.pdf | PDF · Subscribers | |
| Monitor's Certificate Extending the Stay Period to January 27, 2023.PDF | PDF · Subscribers | |
Endorsement of Justice McEwan, dated January 23, 2023.PDF
| PDF · Subscribers | |
Order of Justice McEwan, dated January 23, 2023 (Stay Extension and Disposition of Trust Funds).PDF
| PDF · Subscribers | |
Eleventh Report of the Monitor, dated January 18, 2023.PDF
| PDF · Subscribers | |
| Motion Record of the Applicants Returnable January 20 .pdf | PDF · Subscribers | |
| Monitor's Certificate Extending the Stay to July 29, 2022.PDF | PDF · Subscribers | |
Order of Justice McEwen re Stay Approval and Other Matters .pdf
| PDF · Subscribers | |
Tenth Report of the Monitor .PDF
| PDF · Subscribers | |
Approval and Vesting Order, dated April 26, 2022.pdf
| PDF · Subscribers | |
| Motion Record of the Applicants, dated April 19, 2022.pdf | PDF · Subscribers | |
| Monitor's Certificate to Extend the Stay Period to January 31, 2022.PDF | PDF · Subscribers | |
| Stay Extension Order, dated January 31, 2022.pdf | PDF · Subscribers | |
Eighth Report of the Monitor, dated January 28, 2022.PDF
| PDF · Subscribers | |
| Motion Record of the Applicants, dated January 26, 2022 - Motion returnable January 31, 2022.pdf | PDF · Subscribers | |
| Monitor's Certificate to Extend the Stay Period to September 30, 2021 .pdf | PDF · Subscribers | |
| Responding Motion Record on behalf of certain terminated NAFA employees dated September 28, 2021.pdf | PDF · Subscribers | |
Seventh Report of the Monitor .PDF
| PDF · Subscribers | |
Motion Record of the Applicants re Stay Extension dated September 24, 2021, returnable September 29, 2021.pdf
| PDF · Subscribers | |
Approval and Vesting Order re Skyway .pdf
| PDF · Subscribers | |
| Stay Extension and Approval of Conduct and Fees Order .pdf | PDF · Subscribers | |
Sixth Report of the Monitor .pdf
| PDF · Subscribers | |
| Motion Record of the Applicants re Stay Extension .pdf | PDF · Subscribers | |
Endorsement and Order of Justice McEwen .pdf
| PDF · Subscribers | |
Service List .pdf
| PDF · Subscribers | |
| Motion Record of Applicants re Skyway .pdf | PDF · Subscribers | |
Approval and Vesting Order with Endorsement re Skyway Property .pdf
| PDF · Subscribers | |
Stay Extension Order and Endorsement .pdf
| PDF · Subscribers | |
| Draft Approval & Vesting Order .pdf | PDF · Subscribers | |
| Draft Stay Extension Order .pdf | PDF · Subscribers | |
| Factum of the Respondents .pdf | PDF · Subscribers | |
| Applicants' Draft Order in Support of s.11.3 CCAA Assignment .pdf | PDF · Subscribers | |
| Applicants' Factum in Support of s.11.3 CCAA Assignment , returnable November 5, 2020.pdf | PDF · Subscribers | |
| Fifth Report of the Monitor .pdf | PDF · Subscribers | |
| Respondents' Motion Record .pdf | PDF · Subscribers | |
| Motion Record of the Applicants , returnable November 5, 2020.pdf | PDF · Subscribers | |
| Final Motion Record - Returnable August 26, 2020.pdf | PDF · Subscribers | |
Order and Endorsement re Stay Extention, Fees and Conduct .pdf
| PDF · Subscribers | |
Fourth Report of the Monitor .pdf
| PDF · Subscribers | |
Order and Endorsement of the Honourable Justice McEwan (re Stay Extension).pdf
| PDF · Subscribers | |
| Notice of Motion - Stay Extension .pdf | PDF · Subscribers | |
| Email to Service List .pdf | PDF · Subscribers | |
Order of Justice McEwen .pdf
| PDF · Subscribers | |
Third Report of the Monitor .pdf
| PDF · Subscribers | |
| Endorsement of Justice McEwen re: Safe Harbour order .pdf | PDF · Subscribers | |
Safe Harbour order of Justice McEwen .pdf
| PDF · Subscribers | |
Approval and Vesting Order of Justice McEewen .pdf
| PDF · Subscribers | |
| Endorsement of Justice McEwen .pdf | PDF · Subscribers | |
| Motion Record of the Applicants .pdf | PDF · Subscribers | |
Order of Justice McEwen regarding Approving Conditions for Sale of Ground Leases .pdf
| PDF · Subscribers | |
Stay Extension Order of Justice McEwen .pdf
| PDF · Subscribers | |
| Affidavit of Doug Lawson .pdf | PDF · Subscribers | |
Second Report of the Monitor .pdf
| PDF · Subscribers | |
Creditor List .pdf
| PDF · Subscribers | |
| Amended and Restated Initial Order of Justice McEwen .pdf | PDF · Subscribers | |
Endorsement of Justice McEwen (Comeback Hearing).pdf
| PDF · Subscribers | |
Endorsement of Justice McEwen (re BDC Application).pdf
| PDF · Subscribers | |
Order of Justice McEwen Re Amended and Restated Initial Order .pdf
| PDF · Subscribers | |
| First Report of the Monitor .pdf | PDF · Subscribers | |
| Notice to Creditors - NAFA .pdf | PDF · Subscribers | |
| Notice to Creditors .pdf | PDF · Subscribers | |
| Application Record .pdf | PDF · Subscribers | |
Initial Order .pdf
| PDF · Subscribers | |
Notice of Application .pdf
| PDF · Subscribers | |
| Pre-filing Report of the Proposed Monitor .pdf | PDF · Subscribers | |
| Affidavit of Ariyana Botejue .pdf | PDF · Subscribers | |
| Ninth Report of the Monitor, dated April 23, 2002.PDF | PDF · Subscribers | |
| Creditors Under $10K.pdf | 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., “North American Fur Auctions Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/north-american-fur-auction-inc