PaySlate Inc.
FollowActive
- Proceeding
- Proposalsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- B-220504
OverviewSummary updated
PaySlate Inc. is the subject of a Division I proposal under the Bankruptcy and Insolvency Act, R.S.C. 1985 c. B-3 as amended, commenced on December 9, 2022. The proceeding is before the Supreme Court of British Columbia under court file number B-220504. Grant Thornton Limited acts as trustee of the proposal. The proceeding remains active. Creditors of the British Columbia company should direct claims and inquiries to Grant Thornton Limited in its capacity as trustee, and should note the court file number when corresponding with the court in respect of the proposal.
Proceedings AIAsk this case — answers cite the filings
Case updates54 dated entries · 3 undated
51 earlier updates, back to 5 December 2022 — subscribers.
Undated filings3 — no date appears on the document · show
3 filings carry no date on their face — subscribers.
Parties
Debtor
PaySlate Inc.
Proposal trustee
Doane Grant Thornton
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Walker | Supreme Court of British Columbia | 1 order, Apr 2023 | 23 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeDoane Grant Thornton | Fasken Martineau DuMoulin LLP | 14 Feb 2023 | Application · 14 Feb 2023 |
| DebtorPaySlate Inc. | Borden Ladner Gervais LLP | 14 Feb 2023 | Application · 14 Feb 2023 |
| CreditorApplication 's address for service | McCarthy Tétrault LLP | 18 Apr 2023 | Application · 18 Apr 2023 |
| CreditorPaySafe Merchant Services Inc | Blake, Cassels & Graydon LLP | 14 Feb 2023 | Application · 14 Feb 2023 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Noteholders (as defined in Schedule A, including Ayrshire)as of NOI filing date — Notes; includes approximately $740,000.00 owing to Ayrshire — Approximate ('approximately $2,600,000.00') pre-filing secured debt figure; Ayrshire is also a related-party noteholder (party to Subscription Agreement and DIP Lender) within this class — debtor: PaySlate Inc. | $2.6M | Unfiled Notice of Application - Approval and Vesting Order (April 2023)(136292597.1).pdf |
3 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
AdvisorsGrant Thornton Limited (financial advisor)PaySlate Inc. Teaser.pdf
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.Supplement to the Trustee's Sixth Report dated April 21, 2023.pdf · 21 Apr 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | unsecured creditors, or the Noteholders | — | no distribution | per the proposal trustee | Supplement to the Trustee's Sixth Report dated April 21, 2023.pdf · 21 Apr 2023 |
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.
Documents
57 filings
| Date | Document | File |
|---|---|---|
| Notice of Application dated October 4, 2023 | PDF · Subscribers | |
| Affidavit #1 of Longmai Yan sworn September 26, 2023 | PDF · Subscribers | |
Proposal Trustee's Certificate filed May 18, 2023
| PDF · Subscribers | |
| Affidavit #1 of Jennifer Pepper filed May 11, 2023.PDF | PDF · Subscribers | |
| Affidavit #1 of Alice Jarvis sworn May 8, 2023.PDF | PDF · Subscribers | |
| Affidavit #2 of Alice Jarvis sworn May 8, 2023.pdf | PDF · Subscribers | |
Trustee's Seventh Report dated May 8, 2023.pdf
| PDF · Subscribers | |
| Affidavit #8 of Gary Bentham filed May 4, 2023.pdf | PDF · Subscribers | |
| Affidavit # 1 of Tanis Braraten sworn April 27, 2023.pdf | PDF · Subscribers | |
| Requisition filed April 24, 2023.pdf | PDF · Subscribers | |
Unfiled Notice of Application - Approval and Vesting Order (April 2023)(136292597.1).pdf
| PDF · Subscribers | |
Supplement to the Trustee's Sixth Report dated April 21, 2023.pdf
| PDF · Subscribers | |
| Trustee's Sixth Report dated April 20, 2023.pdf | PDF · Subscribers | |
| Application Response by Paysafe Merchant Services Inc. filed April 19, 2023.PDF | PDF · Subscribers | |
| First Affidavit of Ian Kennedy Sworn April 19, 2023(47573938.1).pdf | PDF · Subscribers | |
Application Response of Ayrshire Real Estate Management Inc. filed Apr. 18, 2023.pdf
| PDF · Subscribers | |
Justice Walker re PaySlate Inc. (Re), 04-14 CORR.pdf
| PDF · Subscribers | |
| Notice of Application (NOI Extension and Third DIP Increase), filed April 18, 2023.pdf | PDF · Subscribers | |
| Sworn Affidavit #7 of Gary Bentham(136291049.1).pdf | PDF · Subscribers | |
| Affidavit #6 of Gary Bentham, sworn April 14, 2023.pdf | PDF · Subscribers | |
| Trustee's Fifth Report dated March 31, 2023.pdf | PDF · Subscribers | |
| Affidavit #5 of Gary Bentham sworn March 30, 2023.pdf | PDF · Subscribers | |
| Notice of Application (3rd extension) dated March 30, 2023.pdf | PDF · Subscribers | |
| Second Supplement to Trustee's Fourth Report filed March 27, 2023.PDF | PDF · Subscribers | |
| Supplement to the Trustee's Fourth Report filed March 24, 2023.pdf | PDF · Subscribers | |
| Letter to Justice Walker dated March 16, 2023.pdf | PDF · Subscribers | |
| Supplemental Book of Authorities dated March 16, 2023.pdf | PDF · Subscribers | |
Supplemental Submissions dated March 16, 2023.pdf
| PDF · Subscribers | |
| Application Response filed March 10, 2023.PDF | PDF · Subscribers | |
| Trustee's Fourth Report dated March 8, 2023.pdf | PDF · Subscribers | |
| Notice of Application (Approval of Transaction RVO Termination of NOI) filed March 7, 2023.pdf | PDF · Subscribers | |
| Affidavit #4 of Gary Bentham sworn March 6, 2023.pdf | PDF · Subscribers | |
| Trustee's Third Report filed February 16, 2023.pdf | PDF · Subscribers | |
Notice of Application (2nd Extension) dated February 14, 2023.pdf
| PDF · Subscribers | |
| Affidavit #3 of Gary Bentham sworn February 10, 2023.pdf | PDF · Subscribers | |
| Affidavit #1 of Lucas Beatch (Service) sworn January 23, 2023.PDF | PDF · Subscribers | |
| Affidavit #1 of Gary Bentham sworn January 19, 2023.PDF | PDF · Subscribers | |
| Cover Letter to Potential Bidders.pdf | PDF · Subscribers | |
| Update to PaySlate Customers - NOI Proceedings dated January 18, 2023.pdf | PDF · Subscribers | |
| Affidavit #1 of Y. Petrakis sworn January 16, 2023.pdf | PDF · Subscribers | |
| Application Response of Paysafe Merchant Services Inc. filed on January 16, 2023.pdf | PDF · Subscribers | |
| Requisition to Adjourn the Hearing filed on January 13, 2023.PDF | PDF · Subscribers | |
| Notice of Application filed January 11, 2023.pdf | PDF · Subscribers | |
| Trustee's Second Report dated January 11, 2023.pdf | PDF · Subscribers | |
| Affidavit #2 of Adam Rosenfeld sworn January 10, 2023.pdf | PDF · Subscribers | |
| Update to PaySlate Customers - NOI Proceedings dated December 19, 2022.pdf | PDF · Subscribers | |
| Notice of Application dated December 9, 2022.PDF | PDF · Subscribers | |
| Notice to Creditors dated December 8, 2022.pdf | PDF · Subscribers | |
| Trustee's First Report dated December 7, 2022.pdf | PDF · Subscribers | |
| Affidavit #1 of Adam Rosenfeld sworn December 6, 2022.PDF | PDF · Subscribers | |
| Affidavit #1 of Adeleine Estrada sworn December 5, 2022.PDF | PDF · Subscribers | |
Certificate of Filing dated December 5, 2022.pdf
| PDF · Subscribers | |
| Confidentiality Agreement.pdf | PDF · Subscribers | |
PaySlate Inc. Teaser.pdf
| PDF · Subscribers | |
| Acknowledgement of the SISP Procedures.pdf | PDF · Subscribers | |
| SISP Participation Letter.pdf | PDF · Subscribers | |
SISP Procedures.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., “PaySlate Inc.” (Proposal), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/payslate-inc