Proceedings.

S. Cohen Inc.

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Proceeding
NOIsection 50.4 (7) of the Bankruptcy and Insolvency Act
File
500-11-058599-206
Filings held18
Last activity27 Jan 2021
On the record2,283 days
Secured debtSubscribers
OverviewSummary updated

S. Cohen Inc. remains in proceedings under a notice of intention to make a proposal filed pursuant to section 50.4 of the Bankruptcy and Insolvency Act, in Quebec. Tafford Inc. holds a hypothec securing a credit facility, with indebtedness stated at $1,398K; the trustee obtained an independent opinion confirming the validity and enforceability of that security. The Toronto-Dominion Bank held security interests charging all of the debtor's present and future inventory and claims, but that indebtedness has been repaid in full as a result of the debtor's restructuring measures and the TD security has been discharged.

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Case updates18 dated entries
Parties

Debtor

S. Cohen Inc.

Proposal trustee

PwC

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredTafford Inc.Hypothec securing credit facility — Amount stated as $1,398K in report; Trustee obtained independent opinion confirming validity and enforceability of security — debtor: S. Cohen Inc.$1.4MReport of the Trustee for the Approval of the Sale of Assets Outside the Ordinary Course of Business
Secured

1 more claim in 1 class The stack holds Secured claims.

Every creditor and every amount.

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Sale processAs stated in the filings

Sale approved — The Transaction with Continental Capital Investments Inc. is approved by the CourtApproval and Vesting Order · 26 Nov 2020

PurchaserPriceStatusSource
Continental Capital Investments Inc.Purchased Property · asset saleSubscribersApproved26 Nov 2020outside 8 Sep 2020Approval and Vesting Order
AdvisorsPricewaterhouseCoopers Inc. (sale agent)Order for a Sale and Solicitation Process
Closing termsVesting occurs upon issuance of the Trustee's Certificate confirming satisfaction of the Closing Condition and payment of the Purchase PriceApproval and Vesting Order
Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
18 filings
DateDocumentFile
Trustee's Report to the Creditors on its Preliminary Administration
  • Operational summary S. Cohen Inc. ceased operating following its deemed bankruptcy on January 8, 2021; the Trustee closed the Company's bank accounts, took possession of its books and records, and is winding down affairs including employee severance matters through the WEPP program.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Notice of Bankruptcy And First Meeting of Creditors
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting occurs upon issuance of the Trustee's Certificate confirming satisfaction of the Closing Condition and payment of the Purchase Price
  • Presiding officer Registrar Vicnent-Michel Aubé
  • Purchaser Continental Capital Investments Inc. · Purchased Property · asset sale · approved
  • Sale outcome Sale approved — The Transaction with Continental Capital Investments Inc. is approved by the Court
  • + 1 more extracted fact
PDF · Subscribers
Report of the Trustee for the Approval of the Sale of Assets Outside the Ordinary Course of Business
  • Process results 41 solicited · 10 NDAs · 2 bids
  • Purchaser Continental Capital Investments Inc. · All inventory, goods, wares and merchandise wherever situated in Canada and owned by the Debtor as at the closing of the proposed transaction (the ' Inventory '); and ... all furniture, racking, fixtures, equipment and all other corporeal/tangible property owned by and located at the Debtor 's place of business (the ' Equipment ') · asset sale · proposed
  • Sale outcome Approval pending — The Trustee recommends the Court approve the offer from Continental Capital Investments Inc. for the Purchased Property; approval is pending.
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Motion for Sale Approval and Vesting OrderPDF · Subscribers
Judgment Third Extension of Delay (in French only)PDF · Subscribers
Fourth Report to the Court Submitted by PricewaterhouseCoopers Inc. in its Capacity as Trustee Under the Notice of Intention to Make a Proposal of S. Cohen Inc.PDF · Subscribers
Statement of Projected Cash FlowPDF · Subscribers
Motion to Extend the Delay to Make a ProposalPDF · Subscribers
Judgment Second Extension of Delay (in French only)PDF · Subscribers
Third Report to the Court submitted by PwC Inc. in its Capacity as Trustee under the Notice of Intention to Make a Proposal of S. Cohen Inc.PDF · Subscribers
Judgment First Extension of Delay (in French only)PDF · Subscribers
Second Report to the Court Submitted by PricewaterhouseCoopers Inc. in its Capacity as Trustee Under the Notice of Intention to Make a Proposal of S. Cohen Inc.
  • Appointee PricewaterhouseCoopers Inc., LIT
  • Appointee role Trustee
  • Commencement date 30 July 2020
  • Court SUPERIOR COURT
  • + 3 more extracted facts
PDF · Subscribers
Notice of Filing of Intention to Make a Proposal - EmployeesPDF · Subscribers
Notice of Filing of Intention to Make a Proposal - Suppliers
  • Appointee PricewaterhouseCoopers Inc., LIT
  • Appointee role TRUSTEE
  • Commencement date 30 July 2020
  • Court SUPERIOR COURT
  • + 3 more extracted facts
PDF · Subscribers
Order for a Sale and Solicitation Process
  • Bid deadline 28 August 2020
  • Order date 4 August 2020
  • Outside date 8 September 2020
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
First Report to the Court Submitted by PricewaterhouseCoopers Inc. in its Capacity as Trustee Under the Notice of Intention to Make a Proposal of S. Cohen Inc.
  • Appointee PricewaterhouseCoopers Inc., LIT
  • Appointee role Trustee
  • Commencement date 30 July 2020
  • Court SUPERIOR COURT
  • + 6 more extracted facts
PDF · Subscribers
Motion for the Authorization and Approval of a Sale and Solicitation ProcessPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “S. Cohen Inc.” (NOI), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/s-cohen-inc

Sources last checked · summary updated 4 September 2026 · Report a correction · Printed from proceedings.ca/case/s-cohen-inc

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.