#Order
Justice Brongers approved a sale and investment solicitation process for all or substantially all of the company's assets, with a bid deadline of October 2, 2026 and an outside date of November 15, 2026.
Sonic Enclosures Ltd.
FollowActive
- Proceeding
- NOIsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 11-3408209
OverviewSummary updated
Sonic Enclosures Ltd. filed a notice of intention to make a proposal under s. 50.4 of the Bankruptcy and Insolvency Act, and the British Columbia proceedings remain active. The accompanying list of creditors, capturing claims of $250 or more per the company's records, shows Accord Financial at $1,937,064, a BDC loan at $580,000 and VW Credit Canada Inc. at $50,000 among secured creditors. The largest unsecured claims are Advantec Marine at $223,875.84, Marcon at $206,242.35, Vlad Ghelesel at $145,000, Babcock Welding & Fabrication at $78,757.25, Advanced Bending Technologies at $66,000, Rick Hoving at $61,738.69 and Doug Jensen at $50,000. WCB is listed at $30,827.68 and The Bank of Nova Scotia at $21,000.
Proceedings AIAsk this case — answers cite the filings
Case updates11 dated entries
8 earlier updates, back to 7 August 2026 — subscribers.
AnalysisAll insights
Filing brief
Sonic Enclosures: $401 in the bank and four weeks to find a buyer
Two days after BDC took judgment on a $556,426.60 claim, a Chilliwack enclosure manufacturer filed a notice of intention. On Monday it asks the B.C. Supreme Court to stretch its stay to October 23, approve a $100,000 administration charge and a four-week sale process, and let its senior lender advance $250,000 at 2% a month — against a cash flow forecast that opens with $401.
Parties
Debtor
Sonic Enclosures Ltd.
Proposal trustee
EY
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Accord Financial Canada Corp. · in 6 casesas of NOI filing date — General security agreement over all assets and undertakings of Sonic — Referred to as the 'Accord Debt'; senior secured lender; intercompany agreement between Accord and BDC confirms priority of Accord Debt over BDC Debt; also provided post-filing Interim Financing Facility (see interim financing term sheet) — debtor: Sonic Enclosures Ltd. | $1.94M | First Report of the Proposal Trustee |
68 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
Sale process approved — The sale and investment solicitation process (the "SISP") is approved.Sonic Enclosures Ltd. - Court Order · 2 Sep 2026
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
11 filings
| Date | Document | File |
|---|---|---|
| Affidait of Jacqueline Kirzner | PDF · Subscribers | |
| Affidavit of Akshdeep Singh | PDF · Subscribers | |
Sonic Enclosures Ltd. - Court Order
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
Sonic Enclosures Ltd. - SISP - August 28, 2026
| PDF · Subscribers | |
| Affidavit #1 of Matei Ghelesei - 08 Aug 2026 | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
Requisition to Open a File
| PDF · Subscribers | |
| Service List - 27 Aug 2026 | PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Office of the Superintendent of Bankruptcy - Certificate of Filing a Notice of Intention to Make a Proposal
| 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., “Sonic Enclosures Ltd.” (NOI), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/sonic-enclosures-ltd