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 record1,176 days
Secured debtSubscribers
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
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 · for subscribers
#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
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured

7 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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

Marketed — Receiver 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
SecuredDelgate—not 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 Gehlen Dabbs Cash LLP
  • + 2 more extracted facts
PDF · Subscribers
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
  • + 7 more extracted facts
PDF · Subscribers
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 · Subscribers
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 · Subscribers

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

CiteProceedings., “TrendiTech Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 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.