Proceedings.

TrendiTech Inc.

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Proceeding
Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act R.S.C. 1985, c. B-15
File
S235649
Filings held4
Last activity28 Nov 2025
On the record1,131 days
Secured debt$191K
OverviewSummary updated

TrendiTech Inc. has been in court-appointed receivership since August 17, 2023, when the Supreme Court of British Columbia appointed Crowe Mackay & Company Ltd. as receiver under section 243(1) of the Bankruptcy and Insolvency Act on the application of the Herbert S. Madan Revocable Trust, Fakhoury Family Limited Partnership and VP 310 LLC, secured creditors who also funded the receivership through a third-party retainer. Delgate Logistics Ltd. asserts a possessory lien for $145,330.27 over 19 SVMs and pureed product inventory, and Innovative Vending Pty Ltd. one for US$190,554.48 over 30 SVMs held in China. The receiver disclaimed the company's 2019 Ford Transit Van for want of equity and returned it to Royal Bank of Canada, whose September 1, 2023 payout statement showed $48,456.52. Six former employees have filed proofs of claim of $56,408.82.

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Case updates3 dated entries · 1 undated
#Order

The Supreme Court of British Columbia appointed Crowe Mackay & Company Ltd. receiver of TrendiTech Inc. on the application of three secured creditors, opening the receivership in court file S235649.

Source: Consent Receivership Order

Undated filings1 — no date appears on the document · show
Report

Teaser Court officer report filed

PDF

Parties

Debtor

TrendiTech Inc.

Receiver

Crowe MacKay

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ReceiverCrowe MacKayGehlen Dabbs Cash LLP28 Nov 2025Service list · 28 Nov 2025
CreditorHerbert Madan SStikeman Elliott LLP28 Nov 2025Service list · 28 Nov 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
4SecuredInnovative Vending Pty Ltd.Possessory lien over 30 SVMs in its possession (China) — Amount advised by Innovative for services rendered — debtor: Trenditech Inc.$191K USDReceiver’s Report to Court
4SecuredDelgate Logistics Ltd.Possessory lien over 19 SVMs and pureed product inventory in its possession — Amount advised by Delgate for services rendered; monthly storage charges accruing ~$10K/month; Delgate estimated total costs of $200,000 to recoup — debtor: Trenditech Inc.$145KReceiver’s Report to Court
4SecuredRoyal Bank of Canada (RBC) · in 556 casesMotor vehicle registration (base registration no. 132236P), 2019 Ford Transit Van — Payout statement dated September 1, 2023; Receiver disclaimed interest in vehicle (no net equity) and returned it to RBC — debtor: Trenditech Inc. · as of 1 Sep 2023$48.5KReceiver’s Report to Court
4SecuredService Canada (WEPPA subrogated claim) · in 62 casesas of estimate as of report date — Subrogated secured claim against current assets pursuant to s.81.3 BIA, up to $2,000 per employee limit — Estimated amount; regulatory/statutory subrogated claim under WEPPA — debtor: Trenditech Inc.$13.4KReceiver’s Report to Court
4SecuredBig Mountain Foods 2 Ltd.Possessory lien over the BT80 (storage yard landlord) — Plus GST; rental arrears for 3 months; ongoing post-receivership rent also being paid — debtor: Trenditech Inc. · as of 31 Aug 2023$3KReceiver’s Report to Court
4SecuredHerbert S. Madan Revocable Trust, Fakhoury Family Limited Partnership and VP 310 LLCSecured Creditors under s.243(1) BIA and s.39 LEA application; no amount stated — Also funded receivership via third-party retainer — debtor: Trenditech Inc.Receiver’s Report to Court
7Preferred (BIA s. 136)Former employees (six proof of claims received) · in 15 casesas of date of report — Preferred/priority portion up to WEPPA/statutory limits may be secured under s.81.3 BIA (see secured entry); Severance claims are unsecured; only 6 of 7 terminated employees had filed proofs as of report date — debtor: Trenditech Inc.$56.4KReceiver’s Report to Court
8UnsecuredBleni Blendsas of date of Receivership Order — This is an account receivable owed TO Trenditech, not a liability; disputed by Bleni Blends and advised by Management as uncollectible; included here only per original context, not a creditor of the debtor — debtor: Trenditech Inc.$26.3KReceiver’s Report to Court

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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

MarketedReceiver conducting a sale of Trenditech's assets pursuant to a sales and investment solicitation process, subject to court approvalTeaser

AdvisorsCrowe MacKay & Company Ltd. (sale agent)Teaser
RecoveriesAs stated in the filings

Delgate: not yet estimated.EstimatedReceiver’s Report to Court · 10 Nov 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredDelgatenot yet estimatedEstimatedper the receiverReceiver’s Report to Court · 10 Nov 2023

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.

Documents4 filings
DateDocumentFile
Service List
  • Applicant HERBERT S. MADAN REVOCABLE TRUST, FAKHOURY FAMILY LIMITED PARTNERSHIP AND VP 310 LLC
  • Appointee Crowe MacKay & Company Ltd.
  • Appointee role Receiver
  • Counsel Stikeman Elliott LLP
  • + 2 more extracted facts
PDF
Receiver’s Report to Court
  • Applicant Herbert S. Madan Revocable Trust, Fakhoury Family Limited Partnership and VP 310 LLC
  • Appointee Crowe MacKay & Company Ltd.
  • Appointee role Receiver
  • Commencement date 17 August 2023
  • + 6 more extracted facts
PDF
Consent Receivership Order
  • Applicant HERBERT S. MADAN REVOCABLE TRUST, FAKHOURY FAMILY LIMITED PARTNERSHIP and VP 310 LLC
  • Appointee CROWE MACKAY & COMPANY LTD.
  • Appointee role receiver
  • Commencement date 17 August 2023
  • + 3 more extracted facts
PDF
Teaser
  • Sale advisor Crowe MacKay & Company Ltd. (sale agent)
  • Sale outcome Marketed — Receiver conducting a sale of Trenditech's assets pursuant to a sales and investment solicitation process, subject to court approval
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “TrendiTech Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/trenditech-inc

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/trenditech-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.