Ssense has been under CCAA protection since September 12, 2025, and the proceedings remain active. A court-supervised sale and investment solicitation process ran with a phase one deadline of October 13, 2025 and a bid deadline of November 21, 2025, and produced a purchase agreement with 9549-0348 Québec Inc., the unredacted copy of which was filed under seal as Exhibit R-3A. Under that agreement, closing is to occur no later than five business days after the closing conditions are satisfied and in any event by an outside date of February 13, 2026, absent written agreement of the parties with the Monitor's consent. The Monitor has reported to the court seven times, most recently on May 7, 2026.
Order granted as the stay expired that day, continuing protection while the Debtors provided ERP-related transition services, collected receivables and prepared for eventual termination of the CCAA proceedings.
Source: Stay Extension Order, extending the stay of proceedings to November 13, 2026
Eighth report proposed a further interim distribution of $5.5M to the Lending Syndicate from the balance of the Sale Proceeds, accrued interest and Residual Cash, and reported cash of $5,158,000 as at August 28, 2026.
Source: Eighth Report of the Monitor
Application for the Issuance of a Second Distribution Order and a Stay Extension Order to November 13th, 2026 — Application / notice of application
Order granted following the April 14, 2026 interim distribution order and the Monitor's May 1, 2026 distribution of approximately $33,307K to the Lending Syndicate, consisting of Bank of Montreal as administrative agent and five participants.
Source: Minutes to May 11th, 2026 Hearing and Stay Extension Order
Seventh report filed, the latest Monitor's report on the record.
Source: Seventh Report of the Monitor
Application for the Issuance of a Stay Extension Order, extending the Stay of Proceedings to September 11th, 2026 — Application / notice of application
Sixth report proposed an immediate distribution of $33,307,000 to the Lending Syndicate from the Sale Proceeds less reserves, and concluded nothing would remain for any other secured or unsecured creditors.
Source: Sixth Report of the Monitor
Stay extended, the Sale Proceeds having been paid to the Monitor on closing to be held in trust pending distribution.
Order granted after the Transaction closed on February 13, 2026 at 11:59 p.m., continuing the stay while the Debtors worked with the Purchaser on transition services.
Source: Stay Extension Order, extending the stay of proceedings to May 15, 2026
Fifth report covered daily meetings with management on supply chain, web services, customs brokers and vendors, work with the Debtors and Purchaser toward closing, and cash flows measured against the Third Revised Cash Flow Forecast.
Source: Fifth Report of the Monitor
Application for the Issuance of a Stay Extension Order, extending the Stay of Proceedings to May 15, 2026 — Application / notice of application
Monitor’s Certificate confirming that closing of the transaction occurred on February 13, 2026 — Court officer certificate
Vesting of the purchased assets, assigned agreements and assigned real property leases was made to occur on the Monitor's certificate confirming payment of the cash purchase price and taxes and satisfaction of closing conditions.
Approval and vesting order granted for the sale to 9549-0348 Québec Inc. under the January 10, 2026 asset purchase agreement: $58.5 million cash plus assumed liabilities, with cure costs estimated at $18.2 million.
Fourth report described the Monitor's continued oversight of daily receipts and disbursements, including prior review and approval of payment requests formulated by the Debtors.
Source: Fourth Report of the Monitor
Application Seeking A Confirmation That The Applicants (Ark Technologies & Cettire) Are Proper Phase 2 Qualified Bidder — Application / notice of application
Order granted a day after the Monitor's third report, extending the stay of proceedings as the Debtors continued normal-course operations.
Third report recorded normal-course operations, communications with creditors and suppliers, negotiations to maintain goods and services, support for the SISP, and the disclaimer of two further agreements.
Source: Third Report of the Monitor
Further order granted as the stay period expired, continuing the stay while bid deadlines of December 1 and December 8, 2025 ran in the sale process.
Application for the Issuance of a Stay Extension Order to January 30, 2026 — Application / notice of application
Application of the Royal Bank of Canada for declaratory judgment, rent payment of leased equipment and, subsidiarily, for compensation — Application / notice of application
Judgment (on Application to Homologate a Transaction) (Re: Dematic Ltd.) — Application / notice of application
Amended Application for the Homologation and Execution of a Transaction — Application / notice of application
Second report endorsed the Revised Cash Flow Forecast as reasonable and concluded the Debtors would have sufficient liquidity to operate through the 11-week period ending December 26, 2025.
Source: Second Report of the Monitor
Respondent Dematic Limited’s Contestation of the Debtor’s Application for the Homologation of a Transaction — Application / notice of application
Respondent Dematic’s Motion to Strike Allegations and a Conclusion of the Debtor’s Application for the Homologation of a Transaction — Application / notice of application
Notice of Objection to the Debtor’s Application for the Homologation of a Transaction — Application / notice of application
Stay of proceedings extended on the same day the Monitor filed its rectified first report, with the SISP outreach then underway.
Monitor's rectified first report concluded the restructuring efforts to date and those contemplated were reasonable and that the Debtors had acted diligently, in good faith and with proper intentions.
Order granted on the day the stay period was set to expire, continuing the stay of proceedings in favour of the Debtors.
Source: Stay Extension Order, extending the Stay Period up to and including September 26, 2025
Initial order granted under the CCAA in respect of Atallah Group Inc. and its affiliated debtors, appointing Ernst & Young Inc. as Monitor and staying proceedings.
Source: Initial Order with Stay of Proceedings to September 22, 2025
Court approved the SISP, authorizing solicitation of sale and investment proposals for the whole business, with a Phase 1 deadline of October 13, 2025.
Source: Sale and Investment Solicitation Process Order (SISP)
Ssense — CCAA filed, Québec.
Source: Initial Order with Stay of Proceedings to September 22, 2025
Application for the Issuance of a First Day Initial Order, an Amended and Restated Initial Order and a SISP Order — Sale process approval order
Case update
SSENSE: the final stay, and $5.5 million more for the banks
In May the court said the extension to September 11 "should be the final stay of proceedings." On September 11 Justice Morin extended it again, to November 13, and authorized a second distribution of $5,500,000 to the lending syndicate that had asked for a liquidation instead of the founders' purchase. With $38,807,000 paid against more than $134 million of principal, the orders record that nothing will reach any other creditor. What is holding up the end is an ERP migration and a seized account in Belgium.
Precedent note
What stay extensions are actually granted
Seven CCAA files, three provinces, and no two extensions alike — four days because the court could not sit, twenty days more than the debtor asked for, a full year when all that is left of the company is a lawsuit. The boundary is the case's own calendar.
Debtor
Ssense
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Garin | Superior Court of Québec | 8 orders, Aug 2025 – Feb 2026 | 5 cases on record |
| Justice Morin | Superior Court of Québec | 2 orders, Sep 2026 | 10 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorEY | Fasken Martineau DuMoulin LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| ApplicantSsense | Stikeman Elliott LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| Interim lender | Norton Rose Fulbright Canada LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| CreditorBanking Syndicate | Borden Ladner Gervais LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| CreditorBanking Syndicate's | McCarthy Tétrault LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| CreditorInvestissement Québec | McCarthy Tétrault LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| CreditorISSEY MIYAKE USA CORP | Woods LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| CreditorRBC | McMillan LLP | 11 Sep 2025 | Service list · 11 Sep 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (as administrative agent of the Banking Syndicate) · in 297 casesAdministrative agent of the Banking Syndicate credit facility — Preliminary/estimated debt; no admission of claim amount. — debtor: Group Atallah Inc. · as of 29 Aug 2025 | $135M | List of Known Creditors as at August 29, 2025 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
22 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans4 transactions · 3 closed · 1 not completed — Sale of the business closed following Court approval of the Sale Approval Judgment; Monitor now preparing final distribution and termination.Eighth Report of the Monitor · 9 Sep 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Cettire Limitedthe Debtors' business and/or assets pursuant to a Binding Offer · asset sale | Subscribers | Not completed | Fourth Report of the Monitor |
| 9549-0348 Québec Inc.the assets described and defined in the Purchase Agreement as well as in Schedule "B" hereto (the "Purchased Assets") and assigning to the Purchaser the agreements listed in Schedule "C" hereto (the "Assigned Agreements"), as well as the real property leases listed in Schedule "D" hereto (the "Assigned Real Property Leases") · asset sale · agreement 10 Jan 2026 | Subscribers | Closed13 Feb 2026outside 13 Feb 2026 | Monitor’s Certificate confirming that closing… |
| Purchaser Groupthe Debtors' business and/or assets pursuant to the APA · asset sale | Subscribers | Closed | Fifth Report of the Monitor |
| referred to only as 'the Purchaser'; named in the underlying Sale Approval Judgment/Purchase Agreement not reproduced herethe Transaction · asset sale | Subscribers | Closed13 Feb 2026 | Eighth Report of the Monitor |
Secured creditors: no distribution. Lending Syndicate a distribution.Second Distribution Order · 11 Sep 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | any other secured or unsecured creditors of the Debtors | — | no distribution | per the monitor | Second Distribution Order · 11 Sep 2026 |
| Secured | Lending Syndicate | — | interim | Finalper the monitor | Eighth Report of the Monitor · 9 Sep 2026 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$191
As at 7 May 2026Seventh Report of the Monitor
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Second Distribution Order
| PDF · Subscribers | |
Stay Extension Order, extending the stay of proceedings to November 13, 2026
| PDF · Subscribers | |
Eighth Report of the Monitor
| PDF · Subscribers | |
Application for the Issuance of a Second Distribution Order and a Stay Extension Order to November 13th, 2026
| PDF · Subscribers | |
Minutes to May 11th, 2026 Hearing and Stay Extension Order
| PDF · Subscribers | |
Application for the Issuance of a Stay Extension Order, extending the Stay of Proceedings to September 11th, 2026
| PDF · Subscribers | |
Seventh Report of the Monitor
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
Application for the Issuance of a Distribution Order
| PDF · Subscribers | |
Second Amended and Restated Initial Order
| PDF · Subscribers | |
Stay Extension Order, extending the stay of proceedings to May 15, 2026
| PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
| Application for the Issuance of a Stay Extension Order, extending the Stay of Proceedings to May 15, 2026 | PDF · Subscribers | |
Monitor’s Certificate confirming that closing of the transaction occurred on February 13, 2026
| PDF · Subscribers | |
Approval and Vesting Order (Sale Approval)
| PDF · Subscribers | |
Judgment (On an Application for the Issuance of an Approval and Vesting Order, an Application for Confirmation that Certain Applicants are Phase 2 Qualified Bidders, and on an Application for Issuance of a Liquidation Sale Approval Order)
| PDF · Subscribers | |
| Order Cancelling and Discharging Security Registrations (in French) | PDF · Subscribers | |
Supplemental Report of the Monitor – January 28, 2026
| PDF · Subscribers | |
Contestation of the Debtors’ Application for the issuance of an Approval and Vesting Order by the Royal Bank of Canada
| PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
Notice of Contestation of the Debtors’ Application for the Issuance of an Approval and Vesting Order by the Lenders Syndicate (Docket No. 69 and 70) and Application of the Lenders Syndicate for the Issuance of an Orderly Liquidation Sale Approval Order and for an Order Expanding the Powers of the Monitor, or Subsidiarily, Appointing a Receiver
| PDF · Subscribers | |
| Notice of objection from Investissement Québec (in french) | PDF · Subscribers | |
| Application for the Issuance of an Approval and Vesting Order | PDF · Subscribers | |
| Book of Exhibits | PDF · Subscribers | |
| Application Seeking A Confirmation That The Applicants (Ark Technologies & Cettire) Are Proper Phase 2 Qualified Bidder | PDF · Subscribers | |
| Minutes (continuation of December 18, 2025 Hearing) and Judgment - de bene esse Application for Leave to Appeal from a Judgment Terminating a Proceeding or a decision made under the CCAA on November 18, 2025 (Dematic) | PDF · Subscribers | |
| Minutes of December 18, 2025 Hearing - de bene esse Application for Leave to Appeal from a Judgment Terminating a Proceeding or a decision made under the CCAA on November 18, 2025 (Dematic) | PDF · Subscribers | |
| Minutes of the December 12, 2025 Hearing (in french) | PDF · Subscribers | |
Stay Extension Order to February 19, 2026
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
Stay Extension Order to December 12, 2025
| PDF · Subscribers | |
| Application for the Issuance of a Stay Extension Order to January 30, 2026 | PDF · Subscribers | |
Revised Extension of Phase 2 Bid Deadline
| PDF · Subscribers | |
Application of the Royal Bank of Canada for declaratory judgment, rent payment of leased equipment and, subsidiarily, for compensation
| PDF · Subscribers | |
Extension of Phase 2 Bid Deadline
| PDF · Subscribers | |
Judgment (on Application to Homologate a Transaction) (Re: Dematic Ltd.)
| PDF · Subscribers | |
| Amended Application for the Homologation and Execution of a Transaction | PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
| Respondent Dematic Limited’s Contestation of the Debtor’s Application for the Homologation of a Transaction | PDF · Subscribers | |
| Respondent Dematic’s Motion to Strike Allegations and a Conclusion of the Debtor’s Application for the Homologation of a Transaction | PDF · Subscribers | |
| Notice of Objection to the Debtor’s Application for the Homologation of a Transaction | PDF · Subscribers | |
| Application for the Homologation of a Transaction | PDF · Subscribers | |
Amended and Restated Initial Order, extending the Stay of Proceedings until and including December 5, 2025
| PDF · Subscribers | |
Rectified First Report of the Monitor
| PDF · Subscribers | |
Stay Extension Order, extending the Stay Period up to and including September 26, 2025
| PDF · Subscribers | |
List of Known Creditors as at August 29, 2025
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Minutes of the September 15, 2025 Hearing, and Reasons | PDF · Subscribers | |
Initial Order with Stay of Proceedings to September 22, 2025
| PDF · Subscribers | |
Report of the Proposed Monitor
| PDF · Subscribers | |
Sale and Investment Solicitation Process Order (SISP)
| PDF · Subscribers | |
Application for the Issuance of a First Day Initial Order, an Amended and Restated Initial Order and a SISP Order
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Second Amended and Restated Interim Order (in french)
| PDF · Subscribers | |
Amended and Restated Interim Order, naming Ernst & Young Inc. Interim Monitor (in french)
| PDF · Subscribers | |
Interim Order (in french)
| 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., “Ssense” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/ssense
Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/ssense
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.