Proceedings.

Tehama Inc.

ActiveFollow
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36
Court
Ontario Superior Court of Justice
File
CV-23-00693280-00CL
Industry
Technology, media & telecom · Software & IT services
Filings held20
Last activity28 Apr 2023
On the record1,385 days
OverviewSummary updated

Tehama Inc. is subject to active CCAA proceedings in the Ontario Superior Court of Justice (Commercial List) under court file CV-23-00693280-00CL. A list of unsecured creditors prepared from the company's books and records as of January 20, 2023 shows the largest claims held by Paul Vallee, listed separately at CAD 2,882,218 and CAD 1,367,986; 14667913 Canada Inc. at CAD 2,812,500; and BSUP at CAD 1,519,570. BDC and Omers are each listed at CAD 723,202, Amazon Web Services Canada, Inc. at CAD 446,249 and Pythian Services Inc. at CAD 218,031. Smaller listed claims include Oracle Canada ULC, Dentons Canada LLP, ChurnZero, Inc., ZoomInfo Technologies LLC, Gartner Canada Co, Hubspot, Inc., Deloitte Canada LLP and Amazon Web Services, Inc. Most claims were originally denominated in US dollars and converted at an exchange rate of 1.3421.

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Case updates20 dated entries
#Report

The officer filed report no. Second Report of the Monitor. Tehama is operating under CCAA protection with 24 key personnel retained (about 32 employees laid off with recall dates) and is running a stalking-horse SISP, with operations funded through a DIP facility and forecast to maintain liquidity to the end of the March 31, 2023 stay period.

Source: Second Report of the Monitor

#Report

The officer filed report no. First Report. Tehama continues to operate in the ordinary course under CCAA protection, funded by DIP advances, while seeking a stay extension to March 31, 2023 to structure a sales process. The Monitor opines the company is acting in good faith and will have the liquidity to maintain operations through the stay period.

Source: First Report of the Monitor

Parties

Debtor

Tehama Inc.

Monitor

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KimmelOntario Superior Court of Justice3 orders, Jan 2023 – Feb 2023198 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantTehama Inc.Dentons Canada LLP20 Jan 2023Order · 20 Jan 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredPaul ValleeOriginal amount USD 2,147,543 converted at FX 1.3421; individual creditor, possibly a related party/founder — debtor: Tehama Inc. · as of 20 Jan 2023$2.88MNotice to Creditors
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

18 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Approval pending — The Monitor recommends approval of the SISP and the Stalking Horse APASecond Report of the Monitor · 8 Feb 2023

Bid deadline

16 March 2023

SISP Approval Order

Stalking horse

14667913 Canada Inc. · Subscribers

SISP Approval Order

PurchaserPriceStatusSource
14667913 Canada Inc.Stalking horsesubstantially all of the assets of the Company · asset sale · agreement 7 Feb 2023SubscribersApproved9 Feb 2023outside 31 Mar 2023SISP Approval Order
Estate financialsReported figures — never derived

Cash on hand

$459K

As at 27 Jan 2023Second Report of the Monitor

Professional fees

As at

1 more reported figure

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

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Documents
20 filings
DateDocumentFile
Tehama N otice of Bankruptcy and First Meeting of Creditors
PDF · Subscribers
Notice to Creditors - SISP
PDF · Subscribers
Endorsement of Justice Kimmel
  • Presiding officer Justice Kimmel
PDF · Subscribers
SISP Approval Order
  • Bid deadline 16 March 2023
  • Order date 9 February 2023
  • Outside date 31 March 2023
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Factum of the Applicant, Returnable February 9, 2023PDF · Subscribers
Second Report of the Monitor
  • Operational summary Tehama is operating under CCAA protection with 24 key personnel retained (about 32 employees laid off with recall dates) and is running a stalking-horse SISP, with operations funded through a DIP facility and forecast to maintain liquidity to the end of the March 31, 2023 stay period.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Motion Record - Returnable February 9, 2023PDF · Subscribers
Stalking Horse Asset Purchase AgreementPDF · Subscribers
Amended and Restated Initial Order - January 30 2023
  • Counsel Dentons Canada LLP
PDF · Subscribers
Endorsement of Justice Kimmel (ARIO) - January 30 2023
  • Presiding officer Justice Kimmel
PDF · Subscribers
Factum of the Applicant - Returnable January 30, 2023Trustee site
First Report of the Monitor
  • Operational summary Tehama continues to operate in the ordinary course under CCAA protection, funded by DIP advances, while seeking a stay extension to March 31, 2023 to structure a sales process. The Monitor opines the company is acting in good faith and will have the liquidity to maintain operations through the stay period.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record - Returnable January 30, 2023
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-23-00693280-00CL
PDF · Subscribers
Notice to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application Record
  • Applicant Tehama Inc.
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Proposed Monitor
  • Commencement date 20 January 2023
  • + 4 more extracted facts
PDF · Subscribers
Endorsement of Justice Kimmel (Initial Hearing)
  • Presiding officer Justice Kimmel
PDF · Subscribers
Factum of the ApplicantPDF · Subscribers
Information PackagePDF · Subscribers
Initial Order
  • Counsel Dentons Canada LLP
PDF · Subscribers
Pre-Filing Report of Proposed MonitorPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Tehama Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/tehama-inc

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Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/tehama-inc

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.