Stickney Poultry Farms Inc. et al

8 Dec 2025

#Filing

Factum of the Receiver - Returnable December 16, 2025 — Factum / brief

3 Dec 2025

#Filing

Motion Record - Returnable December 16, 2025 — Application / notice of application

2 Dec 2025

#Report

The officer filed report no. Second Report. The receivership has completed the sale transactions for the Layer and Broiler businesses and Quota, made interim distributions to TD Bank and the principals, and is now addressing post-closing matters while retaining reserves to cover remaining obligations.

Source: Second Report of MNP Ltd.

#Sale

The court granted an approval and vesting order for the sale to Arthur Acres Farms Ltd. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming payment, satisfaction of conditions, and completion.

Source: Approval and Vesting Order

#Sale

Approval and Vesting Order - Layer Business — Approval and vesting order

#Order

Endorsement of Justice Lemon — Endorsement / reasons

#Order

Order - Interim Distribution and Ancillary Relief — Order (other)

15 Sep 2025

#Report

First Report of MNP Ltd. — Court officer report

15 Sep 2025

#Filing

Motion Record - Returnable October 2, 2025 — Application / notice of application

1 Apr 2025

#Order

Ontario Superior Court of Justice placed Stickney Poultry Farms Inc. and the related debtors into court-appointed receivership, commencing the proceeding under file CV-25-00000005-0000.

Source: Order Appointing Receiver

Parties

Debtor

Stickney Poultry Farms Inc. et al

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

Judge	Court	On this docket	Cases on record
Justice Stewart	Ontario Superior Court of Justice	2 orders, Apr 2025 – Oct 2025	11 cases on record

Counsel of record

Party	Counsel	First seen	Source
ReceiverMNP	Aird & Berlis LLP	16 Dec 2025	Factum · 8 Dec 2025

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	The Toronto-Dominion Bank · in 121 casesVarious secured credit facilities (term loans, operating lines, credit cards) with a total credit facility limit of approximately $27 million (facility limit, not balance); registered charges/mortgages against real property including $1,000,000 (Reg. No. WC347005, June 27, 2012, PIN 71428-0033), $4,500,000 (Reg. No. WC569041, May 31, 2019, registered against PINs 71093-0064 and 71093-0071), $2,000,000 (Reg. No. WC482721, September 28, 2016, PIN 71442-0061), $2,000,000 (Reg. No. WC565090, April 10, 2019, PIN 71123-0034), and a Notice (Reg. No. WC531972, February 28, 2018, no stated amount, PIN · as of 9 Sep 2025	$23.2M	Motion Record - Returnable October 2, 2025
Secured

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

Every creditor and every amount.

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Second Report of MNP Ltd.

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Sale processAs stated in the filings

3 transactions · 2 closed · 1 approved — The Court approved the Layer and Broiler transactions and the Receiver has proceeded to close them following the Election Certificate and taking possession of the PropertySecond Report of MNP Ltd. · 2 Dec 2025

Parties solicited

181

Purchaser	Price	Status	Source
Anne Marie Stickneythe Stickney Parties' rights, titles and interests in and to the Layer Assets · asset sale · agreement 11 Aug 2025	not stated	Approved2 Oct 2025	Approval and Vesting Order - Layer Business
Arthur Acres Farms Ltd.the Broiler Assets · asset sale · agreement 8 Aug 2025	Subscribers	Closed	Approval and Vesting Order
referred to only as the Layer Purchaserthe Layer Assets · asset sale	Subscribers	Closed	Second Report of MNP Ltd.

AdvisorsCorbo Kelos Group - Re/Max Hallmark Realty Ltd. (listing broker)Second Report of MNP Ltd.

Closing termsvesting effective upon delivery of Receiver's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the TransactionApproval and Vesting Order - Layer Business

RecoveriesAs stated in the filings

TD Bank: a distribution.First Report of MNP Ltd. · 15 Sep 2025

Class	Creditor	Claims	Recovery	Basis	Source
Secured	TD Bank	—	a distributioninterimconditional	per the receiver	First Report of MNP Ltd. · 15 Sep 2025
SecuredTD Bank	The Toronto-Dominion Bank	—	a distributioninterim	per the receiver	Second Report of MNP Ltd. · 2 Dec 2025
Equity	Anne Marie Stickney	—	interim	per the receiver	Second Report of MNP Ltd. · 2 Dec 2025
Equity	Corey Stickney	—	interim	per the receiver	Second Report of MNP Ltd. · 2 Dec 2025

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.

2 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Fees and ratesAs stated in the filings

3 engagements · 2 firms — latest: Aird & Berlis LLP, to 31 Oct 2025Motion Record · 3 Dec 2025

Firm	Period	Hours	Fees	Source
Aird & Berlis LLPCounsel to the receiverperiod 2 of 2	to 31 Oct 2025	—	—	Motion Record · 3 Dec 2025
Aird & Berlis LLPCounsel to the receiverperiod 1 of 2	2 Sep – 30 Oct 2025	—		Second Report of MNP Ltd. · 2 Dec 2025
MNP Ltd.Receiver	1 Sep – 31 Oct 2025	—	—	Motion Record · 3 Dec 2025

4 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cash on hand

$36.1M

As at 30 Nov 2025Second Report of MNP Ltd.

Professional fees

As at

1 more reported figure

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

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