Stokes Inc.
FollowActive
- Proceeding
- CCAASections 9, 10, 11, 11.02, 11.03, 11.2, 11.51, 11.52 and 23 of the Companies’ Creditors Arrangement Act, RSC 1985, c C-36
- File
- 500-11-064901-248
OverviewSummary updated
Stokes Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on November 15, 2024 in the Superior Court of Québec (Commercial Division) under court file number 500-11-064901-248. The proceeding remains active. Beyond the initial filing that opened the file, the record before us contains no further dated milestones — no orders, no reports, and no further steps in the case have been captured — so the case stands where it began, in Quebec, on the November 2024 filing.
Claims processIf you are owed money
The claims bar date has passed — claims were due by
FormProof of Claim
Per the Ad Published in La Presse+ on March 28, 2025 for Claims Process dated 28 March 2025.
Proceedings AIAsk this case — answers cite the filings
Case updates56 dated entries
53 earlier updates, back to 15 November 2024 — subscribers.
Parties
Debtor
Stokes Inc.
Monitor
EY
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Legendre | Superior Court of Québec | 11 orders, Nov 2024 – Jan 2026 | 8 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorEY | McCarthy Tétrault LLP | 12 Nov 2024 | Service list · 12 Nov 2024 |
| DebtorStokes Inc. | Osler, Hoskin & Harcourt LLP | 12 Nov 2024 | Service list · 12 Nov 2024 |
| CreditorBank of Nova Scotia | Kugler Kandestin LLP | 12 Nov 2024 | Service list · 12 Nov 2024 |
| CreditorJoint venture comprised of Tiger Asset Solutions Canada, ULC and B. Riley Retail Canada ULC | Stikeman Elliott LLP | 12 Nov 2024 | Service list · 12 Nov 2024 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Scotiabank Asset Finance (a division of the Bank of Nova Scotia) ("Scotia")as of date hereof (November 14, 2024) — First ranking hypothecs and liens on substantially all the Company's assets and inventory ("Scotia Security"); also guaranteed by other affiliates including owner of IP rights used by Stokes — Operating line of credit balance; Scotia Loan Agreement matured July 14, 2024; treated as unaffected creditor under Second Forbearance Agreement; loan agreement and forbearance agreements filed under seal — debtor: Stokes Inc. | $14.4M | Application For A First Day Initial Order, Approval Of A Consulting Agreement And Sale Guidelines, An Amended And Restated Initial Order And Certain Ancillary Relief |
Sale processAs stated in the filings
2 transactions · 2 closed — The Transaction between Hart Stores and Stokes has closed with an effective closing date of December 23, 2024.Eighth Report of the Monitor · 14 Oct 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Hart Stores Inc.the 'Purchased Property' as defined and described in the Purchase Agreement and in Schedule 'A' to this Order (the 'Purchased Assets') · asset sale · agreement 20 Dec 2024 | Subscribers | Closed23 Dec 2024 | Eighth Report of the Monitor |
| Hart Stores Inc.all of Stokes' inventory and intellectual property, and the assignment of certain leases in respect of 73 stores · asset sale · agreement 19 Dec 2024 | Subscribers | Closedoutside 31 Jan 2025 | Eighth Report of the Monitor |
AdvisorsTiger Asset Solutions Canada, ULC and GA Capital Solutions Canada, Inc. (liquidator)Third Report of the Monitor
Closing termsvesting of Purchased Assets occurs upon issuance of the Monitor's Certificate confirming ClosingApproval, Vesting and Assignment Order
RecoveriesAs stated in the filings
Unsecured creditors: a distribution.Under the plan · implementedThird Amended and Restated Plan of Compromise and Arrangement · 21 Nov 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planimplementedper the debtor | Third Amended and Restated Plan of Compromise and Arrangement · 21 Nov 2025 |
| Preferred | — | — | paid in full | Under the planimplementedper the debtor | Third Amended and Restated Plan of Compromise and Arrangement · 21 Nov 2025 |
| Unsecured | Convenience Creditor | — | a distributionconditional | Under the planimplementedper the debtor | Third Amended and Restated Plan of Compromise and Arrangement · 21 Nov 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.
Estate financialsReported figures — never derived
Professional fees to date
$132K
As at 14 Oct 2025Eighth Report of the Monitor
Documents
56 filings
| Date | Document | File |
|---|---|---|
Notice of Initial Distribution
| PDF · Subscribers | |
Amended and Restated Sanction Order
| PDF · Subscribers | |
Application to Amend and Restate the Sanction Order
| PDF · Subscribers | |
| Certificate of Implementation | PDF · Subscribers | |
Third Amended and Restated Plan of Compromise and Arrangement
| PDF · Subscribers | |
Late Claims and Extension Order, extending the stary of proceedings to January 31st, 2026
| PDF · Subscribers | |
Minutes of the October 15th, 2025 Hearing
| PDF · Subscribers | |
Sanction order
| PDF · Subscribers | |
Eighth Report of the Monitor
| PDF · Subscribers | |
Application for the Issuance of (i) a Sanction Order and (ii) a Late Claims and Extension Order & Exhibits
| PDF · Subscribers | |
| Second Amended and Restated Plan of Compromise and Arrangement | PDF · Subscribers | |
| Amended and Restated Plan of Compromise and Arrangement | PDF · Subscribers | |
| Hart Stores’ Letter to Creditors | PDF · Subscribers | |
La Presse+ Ad (in French)
| PDF · Subscribers | |
| Notice to Creditors of the Meeting of Creditors and the Sanction Hearing | PDF · Subscribers | |
| Proxy and Voting Form | PDF · Subscribers | |
| Registration Form | PDF · Subscribers | |
Seventh Report of the Monitor is intended to provide the Court with information relevant to the Plan
| PDF · Subscribers | |
Order Extending the Stay Period to November 28, 2025
| PDF · Subscribers | |
Plan Filing and Meeting Order
| PDF · Subscribers | |
| Sixth Report of the Monitor | PDF · Subscribers | |
Application for Issuance of a Plan Filing and Meeting Order and Other relief
| PDF · Subscribers | |
| Comparison (Redline) - Schedule F | PDF · Subscribers | |
Schedule F - Amended Plan
| PDF · Subscribers | |
| Notice of Dispute | PDF · Subscribers | |
| Notice of Employee’s Claim | PDF · Subscribers | |
Order Extending the Stay Period to August 29, 2025
| PDF · Subscribers | |
| Fifth Report of the Monitor | PDF · Subscribers | |
| Creditor List (updated as at April 1st, 2025) | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
| Notice to Creditors for Claims Process | PDF · Subscribers | |
Ad Published in La Presse+ on March 28, 2025 for Claims Process
| PDF · Subscribers | |
Claims Process Order and Order Extending the Stay period to May 30, 2025
| PDF · Subscribers | |
| Fourth Report of the Monitor | PDF · Subscribers | |
Application for the Issuance of a Claims Process Order and for an Extension of the Stay Period to May 30, 2025
| PDF · Subscribers | |
Exhibit R-1A - Draft Claims Process Order
| PDF · Subscribers | |
Redline - Exhibit R-1A to Exhibit R-1
| PDF · Subscribers | |
| Redline - Exhibit R-1A to Model Order | PDF · Subscribers | |
Order Extending the Stay Period to April 25, 2025
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
| Application for the Issuance of an Order Extending the Stay Period | PDF · Subscribers | |
Approval, Vesting and Assignment Order
| PDF · Subscribers | |
Monitor’s Certificate
| PDF · Subscribers | |
Rescinding and cancellation of certain security registrations order (in French)
| PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
| Application For An Approval, Vesting, Assignment and Distribution Order | PDF · Subscribers | |
Book of Exhibits
| PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
Order Approving Consulting Agreement and Sale Guidelines
| PDF · Subscribers | |
Rectified Amended and Restated Initial Order
| PDF · Subscribers | |
First Day Initial Order
| PDF · Subscribers | |
| Notice of Presentation - Comeback Hearing | PDF · Subscribers | |
Application For A First Day Initial Order, Approval Of A Consulting Agreement And Sale Guidelines, An Amended And Restated Initial Order And Certain Ancillary Relief
| PDF · Subscribers | |
Report of the Proposed Monitor
| PDF · Subscribers | |
Service List
| 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., “Stokes Inc.” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/stokes-inc