South Shore Seafoods
FollowClosed
- Proceeding
- CCAACCAA
- File
- SJM/125/2023
OverviewSummary updated
South Shore Seafoods is the subject of a closed proceeding under the Companies' Creditors Arrangement Act in the Court of King's Bench of New Brunswick, court file SJM 125 2023. The record dates the commencement of the proceeding to September 18, 2023, when the application was filed, and to September 21, 2023, when the court, on the application before it, granted an initial order under the CCAA placing the debtors under the Act's protection. The record supplied carries no further steps in the proceeding beyond that initial order, and the matter is recorded as closed.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates53 dated entries
50 earlier updates, back to 21 September 2023 — subscribers.
Parties
Debtor
South Shore Seafoods
Monitor
Deloitte
Bench and counselPer the orders and service lists on the record
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantSouth Shore Seafoods | Norton Rose Fulbright Canada LLP | 4 Oct 2023 | Service list · 4 Oct 2023 |
| CreditorBusiness Development Bank of Canada and BDC Capital Inc | Thornton Grout Finnigan LLP | 4 Oct 2023 | Service list · 4 Oct 2023 |
| CreditorDewis Cooke, Randy Cooke, Murphy's Limited Liability Company and BTW Holdings Inc | Key Murray Law | 4 Oct 2023 | Service list · 4 Oct 2023 |
| CreditorJeff Wood | Key Murray Law | 4 Oct 2023 | Service list · 4 Oct 2023 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 112 casesAsset-based lending agreement (TD Credit Agreement dated May 19, 2022); first ranking general security interest over all present and after-acquired personal property of all Debtors except CanAm, perfected by registration in New Brunswick, PEI and Nova Scotia; first mortgage charges over real estate mortgaged by Debtors to Applicant — Stated total of outstanding secured loan and guarantee obligations (principal amount) as at the date of the Pre-Filing Report; comprises TD term loan $13,000,000 and TD equipment loan $309,854 (both SSSL, as at Aug 31, 2023) plus Existing Credit Facility (asset-ba · as of 18 Sep 2023 | $26M | Pre-Filing Report of the Proposed Monitor |
Sale processAs stated in the filings
- Phase 1 deadline
- 20 December 2023Second Amended and Restated Initial Order · 20 Dec 2023
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Fees and ratesAs stated in the filings
7 engagements · 2 firms — latest: Deloitte Restructuring Inc., 1 Dec 2024 – 31 Mar 2025Record on Motion on behalf of the Moving Party · 17 Jun 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Cox & PalmerCounsel to the monitorperiod 3 of 3 | 1 Oct 2024 – 31 Mar 2025 | ••• | ••• | ••• | Affidavit of Gaving MacDonald · 9 Jun 2025 |
| Cox & PalmerCounsel to the monitorperiod 2 of 3 | 30 Sep 2023 – 31 Aug 2024Sought | ••• | ••• | •••20 people | Affidavit of Gavin MacDonald · 22 Oct 2024 |
| Cox & PalmerCounsel to the monitorperiod 1 of 3 | — | ••• | ••• | •••10 people | Affidavit of Gavin MacDonald · 22 Oct 2024 |
| Deloitte Restructuring Inc.capacity not statedperiod 4 of 4 | 1 Dec 2024 – 31 Mar 2025 | — | ••• | •••6 people | Record on Motion on behalf of the Moving Party · 17 Jun 2025 |
| Deloitte Restructuring Inc.capacity not statedperiod 4 of 4 | 1 Oct 2024 – 31 Mar 2025 | ••• | — | ••• | Record on Motion on behalf of the Moving Party · 17 Jun 2025 |
| Deloitte Restructuring Inc.capacity not statedperiod 2 of 4 | 1 Nov – 30 Nov 2024 | — | ••• | •••3 people | Record on Motion on behalf of the Moving Party · 17 Jun 2025 |
| Deloitte Restructuring Inc.capacity not statedperiod 1 of 4 | 1 Oct – 31 Oct 2024 | — | ••• | •••3 people | Record on Motion on behalf of the Moving Party · 17 Jun 2025 |
Documents
53 filings
| Date | Document | File |
|---|---|---|
| Order (Termination and Discharge) | PDF · Subscribers | |
| Draft Termination and Discharge Order | PDF · Subscribers | |
Record on Motion on behalf of the Moving Party
| PDF · Subscribers | |
| Brief on Law | PDF · Subscribers | |
Thenth Report of the Monitor
| PDF · Subscribers | |
Affidavit of Gaving MacDonald
| PDF · Subscribers | |
Order (Distribution and Stay Extension)
| PDF · Subscribers | |
| Ninth Report of the Monitor | PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
Affidavit of Gavin MacDonald
| PDF · Subscribers | |
| Affidavit of James Foran | PDF · Subscribers | |
| Brief in Law | PDF · Subscribers | |
| Letter to the Court | PDF · Subscribers | |
| Record on Motion on behalf if the Moving Party | PDF · Subscribers | |
| Eighth Report of the Monitor | PDF · Subscribers | |
| Monitor's Certificate | PDF · Subscribers | |
| Notice of Motion of the Monitor, seeking inter alia , an extension of the Stay from April 30, 2024 to August 30, 2024 | PDF · Subscribers | |
Stay Extension and WEPPA Order
| PDF · Subscribers | |
| Correspondence to the Court | PDF · Subscribers | |
| Seventh Report of the Monitor | PDF · Subscribers | |
| Amended AVO | PDF · Subscribers | |
| Notice Letter - Priority Claims Process | PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
| Brief on Law of the Monitor | PDF · Subscribers | |
| Priority Claims Order | PDF · Subscribers | |
| Proof of Claim Form | PDF · Subscribers | |
| Sixth Report of the Monitor | PDF · Subscribers | |
| Fifth Report of the Monitor | PDF · Subscribers | |
| Notice of Motion returnable October 25, 2023 | PDF · Subscribers | |
| SISP Approval Order | PDF · Subscribers | |
| Second Amended and Restated Charging Order | PDF · Subscribers | |
Second Amended and Restated Initial Order
| PDF · Subscribers | |
| Fourth Report of the Monitor | PDF · Subscribers | |
| Order to increase DIP Facility | PDF · Subscribers | |
Notice of Motion to increase DIP Facility
| PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Brief on Law of the Applicant returnable September 28, 2023 | PDF · Subscribers | |
| Notice of Motion returnable September 28, 2023 (Comeback Hearing) | PDF · Subscribers | |
| Supplemental to the First Report of the Monitor | PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
Creditors List
| PDF · Subscribers | |
| Amended and Restated Charging Order | PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
| Charging Order | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
Affidavit of Andrea Jamnisek
| PDF · Subscribers | |
| Brief on Law of the Applicant | PDF · Subscribers | |
Notice of Application of TD Bank
| PDF · Subscribers | |
Pre-Filing Report of the Proposed Monitor
| 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., “South Shore Seafoods” (CCAA), Court of King's Bench of New Brunswick. Retrieved 21 September 2026, https://proceedings.ca/case/south-shore-seafoods