Proceedings.

Taiga Motors Corporation

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, RSC 1985, c C-36
File
500-11-064357-243
Filings held27
Last activity22 Apr 2025
On the record803 days
Secured debtSubscribers
OverviewSummary updated

Taiga Motors Corporation has been under CCAA protection since July 10, 2024, when the Superior Court of Québec made an initial order commencing proceedings under the Companies' Creditors Arrangement Act in Quebec under court file number 500-11-064357-243. The proceeding remains active. The record on this page comprises that order, dated July 10, 2024, and the annex to the minutes of the hearing held that day.

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Case updates26 dated entries · 1 undated

23 earlier updates, back to 10 July 2024 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Taiga Motors Corporation

Monitor

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CollierSuperior Court of Québec4 orders, Oct 2024 – Mar 202521 cases on record
Justice SheehanSuperior Court of Québec2 orders, Jul 202411 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorMe Alain Riendeau, Me Brandon FarberFasken Martineau DuMoulin LLPService list
CreditorMe Alain TardifMcCarthy Tétrault LLPService list
CreditorMe Danny Duy Vu, Me Joseph ReynaudStikeman Elliott LLPService list
CreditorMe Gabriel FaureMcCarthy Tétrault LLPService list
CreditorMe Guillaume Michaud, Me Charlotte DionNorton Rose Fulbright Canada LLPService list
CreditorMe Jonathan Warin, Me Jean LegaultLavery, De Billy, LLPService list
CreditorMe Mark MoedritzerShook, Hardy & Bacon LLPService list
CreditorMe Stéphane Gauthier, Me Hrant BardakjianCAIN LAMARRE, s.e.n.c.r.l.Service list
CreditorRestructuration Deloitte IncFasken Martineau DuMoulin LLP14 Mar 2025Order · 14 Mar 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredNorthern Private Capital Inc.Note: related party (private capital/equity investor) — debtor: Taiga Corp. · as of 10 Jul 2024$32.3MList of Creditors dated July 10, 2024
366 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

2 transactions · 2 closedARIO transaction closed, ParentCo subsequently assigned into bankruptcy with no assetsTrustee's Preliminary Report to Creditors · 22 Apr 2025

PurchaserPriceStatusSource
Stewart Wilkinsonthe purchase and sale and other transactions contemplated in the share purchase agreement... to be entered into by and between (i) Stewart Wilkinson, as Purchaser · share sale · ResidualCo: 9526-1624 Québec Inc. (ParentCo)SubscribersClosed30 Oct 2024outside 15 Nov 2024Fourth Report to the Court submitted by…
9526-1624 Québec Inc.transferring Excluded Liabilities of Taiga to 9526-1624 Québec Inc. ('ParentCo') · share salenot statedClosedTrustee's Preliminary Report to Creditors
AdvisorsErnst & Young Inc. (financial advisor); Deloitte Corporate Finance (financial advisor)Third Report to the Court submitted by Deloitte Restructuring Inc. in…
Closing termsClosing occurs upon issuance of the Monitor's Certificate; Effective Time deemed effective prior to Closing Time; steps sequenced per Steps Memo/Share Purchase AgreementApproval and Reverse Vesting Order dated October 10, 2024
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report to Creditors · 22 Apr 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee's Preliminary Report to Creditors · 22 Apr 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

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
27 filings
DateDocumentFile
Trustee's Preliminary Report to Creditors
  • Purchaser 9526-1624 Québec Inc. · transferring Excluded Liabilities of Taiga to 9526-1624 Québec Inc. ('ParentCo') · share sale · closed
  • Recovery outcome Entries: per estimated · Stated on: 2025-04-22 · Table missing:
  • Sale outcome Sale closed — ARIO transaction closed, ParentCo subsequently assigned into bankruptcy with no assets
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Notice to Bankruptcy and First Meeting of Creditors
  • Recovery outcome Entries: per unstated · Stated on: 2025-04-09 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Registration for the Meeting
PDF · Subscribers
Certificate of Appointment (French Original Version)PDF · Subscribers
Application for (I) an Extension of the Stay of Proceedings and (II) a Wage Earner Protection Program Act Order dated Decembre 11, 2024 (Original French Version)
  • Counsel Fasken Martineau DuMoulin s.e.n.c.r.l.
  • Order date 11 December 2024
  • Presiding officer Justice David R. Collier
  • Stay extended to 14 March 2025
PDF · Subscribers
Order Extending the Stay of Proceedings dated December 18, 2024 (Original French Version)
  • Order date 18 December 2024
  • Presiding officer Justice David R. Collier
  • Stay extended to 14 March 2025
PDF · Subscribers
Wage Earner Protection Program Act Order dated Decembre 18, 2024 (Original French Version)
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Fourth Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated December 11, 2024
  • Closing confirmed Closed · 30 Oct 2024 · Wilkinson
  • Purchaser Wilkinson · the Purchase and Sale and other transactions contemplated in the Share Purchase Agreement and the Pre-Closing Reorganization · share sale · closed
  • Sale outcome Sale closed — Transaction closed pursuant to the Monitor's Certificate dated October 30, 2024
  • Stalking horse Subscribers
PDF · Subscribers
Certificate of the Monitor dated October 30, 2024 (Original French Version)PDF · Subscribers
Approval and Reverse Vesting Order dated October 10, 2024
  • Closing terms Closing occurs upon issuance of the Monitor's Certificate; Effective Time deemed effective prior to Closing Time; steps sequenced per Steps Memo/Share Purchase Agreement
  • Order date 10 October 2024
  • Outside date 15 November 2024
  • Purchaser Stewart Wilkinson · the purchase and sale and other transactions contemplated in the share purchase agreement... to be entered into by and between (i) Stewart Wilkinson, as Purchaser · share sale · approved
  • + 3 more extracted facts
PDF · Subscribers
Cancellation and Radiation Order dated October 10, 2024 (Original French Version)
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Notice to Creditors (October 2024)PDF · Subscribers
Second Amended and Restated Initial Order dated October 10, 2024
  • Order date 10 October 2024
  • Stay expiry 19 December 2024
PDF · Subscribers
Third Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated October 7, 2024
  • Purchaser Stewart Wilkinson · all of the issued and outstanding shares of Taiga Corp. and indirectly those of Taiga Inc., Taiga America and CGGZ · share sale · approved
  • Recovery outcome Entries: per estimated · Table missing:
  • Sale advisor Deloitte Corporate Finance (financial advisor)
  • Stalking horse Subscribers
PDF · Subscribers
Application for the Issuance of a Second Amended and Restated Initial Order and an Approval and Reverse Vesting Order dated October 4, 2024
  • Stay extended to 19 December 2024
PDF · Subscribers
Amended and Restated Initial Order dated July 18, 2024
  • Order date 18 July 2024
  • Stay expiry 8 October 2024
PDF · Subscribers
Reasons given when the Initial Order is issued: Amended and Restated Initial Order dated July 18, 2024 (Original French Version)
  • Bid deadline 3 October 2024
  • Order date 18 July 2024
  • Phase1 deadline 9 August 2024
PDF · Subscribers
Second Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated July 17, 2024
  • Process results 149 solicited · as of 15 Jul 2024
  • Sale advisor Ernst & Young Inc. (financial advisor)
  • Sale outcome Sale process approved — the Monitor has initiated steps to continue the SISP which is intended to solicit interest in Taiga's business and assets through one or more transactions
  • Stalking horse Subscribers
PDF · Subscribers
Notice to CreditorsPDF · Subscribers
Notice to EmployeesPDF · Subscribers
Application for the Issuance of an Initial Order, an Amended and Restated Initial Order and a SISP Approval Order dated July 10, 2024
  • Bid deadline 16 September 2024
  • Phase1 deadline 9 August 2024
  • Stay extended to 4 October 2024
PDF · Subscribers
First Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Proposed Monitor dated July 10, 2024
PDF · Subscribers
Initial Order dated July 10, 2024
  • Applicant Taiga Motors Corporation / Corporation Moteurs Taiga, Taiga Motors Inc. / Taiga Moteurs Inc., Taiga Motors America Inc. and CGGZ Finance Corp. (the Debtors/Applicants)
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Monitor
  • Commencement date 10 July 2024
  • + 7 more extracted facts
PDF · Subscribers
Judgement on Request for an Initial Order dated July 10, 2024
  • Applicant Taiga Motors Corporation / Corporation Moteurs Taiga, Taiga Motors Inc. / Moteurs Taiga Inc., Taiga Motors America Inc. and CGGZ Finance Corp.
  • Appointee Deloitte Restructuring Inc.
  • Appointee role monitor
  • Commencement date 10 July 2024
  • + 4 more extracted facts
PDF · Subscribers
List of Creditors dated July 10, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
SISP Approval Order dated July 10, 2024
  • Order date 10 July 2024
  • Presiding officer Justice Martin F. Sheehan
  • Sale outcome Sale process approved — SISP approved and ratified, Monitor authorized to continue and implement the process
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Service List
  • Counsel Fasken Martineau Dumoulin LLP
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., “Taiga Motors Corporation” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/taiga-motors-corporation

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/taiga-motors-corporation

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.