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.
The officer filed a report. 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.
Source: Trustee's Report to the Creditors on its Preliminary Administration
15 earlier updates, back to 5 August 2020 — subscribers.
Debtor
S. Cohen Inc.
Proposal trustee
PwC
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Tafford 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. | $1.4M | Report of the Trustee for the Approval of the Sale of Assets Outside the Ordinary Course of Business |
Approval pending — The Trustee recommends the Court approve the offer from Continental Capital Investments Inc. for the Purchased Property; approval is pending.Report of the Trustee for the Approval of the Sale of Assets Outside… · 24 Nov 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 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 | Subscribers | Proposedoutside 8 Sep 2020 | Report of the Trustee for the Approval of the… |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustee's Report to the Creditors on its Preliminary Administration
| PDF · Subscribers | |
| Notice of Bankruptcy And First Meeting of Creditors | PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
Report of the Trustee for the Approval of the Sale of Assets Outside the Ordinary Course of Business
| PDF · Subscribers | |
| Motion for Sale Approval and Vesting Order | PDF · 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 Flow | PDF · Subscribers | |
| Motion to Extend the Delay to Make a Proposal | PDF · 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.
| PDF · Subscribers | |
| Notice of Filing of Intention to Make a Proposal - Employees | PDF · Subscribers | |
Notice of Filing of Intention to Make a Proposal - Suppliers
| PDF · Subscribers | |
Order for a Sale and Solicitation Process
| 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.
| PDF · Subscribers | |
| Motion for the Authorization and Approval of a Sale and Solicitation Process | 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., “S. Cohen Inc.” (NOI), Superior Court of Québec. Retrieved 20 September 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.