Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd

Active

Proceeding: CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court: Court of King's Bench of Alberta
File: 0903-12398

Filings held42

Last activity21 Dec 2009

On the record6,249 days

OverviewSummary updated 5 September 2026

Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd have been under CCAA protection since August 12, 2009, and the proceedings remain active. The Monitor estimated in its report dated November 20, 2009 that the Canada Revenue Agency held a deemed trust claim against Visionwall estimated to be approximately $1,550,000, ranking ahead of both secured and unsecured creditors in a liquidation scenario. Peers Foster Kristiansen and Federal Mortgage Corporation Ltd. have filed proofs of claim of $5,721,874 in respect of advances made to the Company; on October 29, 2009 the two entered a settlement agreement under which they would support the Company's management and would not support an alternative plan.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Claims Process Order dated 10 September 2009.

Proceedings AIAsk this case — answers cite the filings

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Case updates39 dated entries · 3 undated

21 Dec 2009

#Order

Sanction Order, dated December 21, 2009 — Plan sanction / final order

PDF · Subscribers

17 Dec 2009

#Order

Stay Extension Order, dated December 17, 2009 — Order (other)

PDF · Subscribers

16 Dec 2009

#Report

The officer filed report no. Tenth Report. The report focuses on the creditors' meetings and voting results for the Plan of Compromise or Arrangement, which was approved and will proceed to a Sanction Order application.

Source: Monitor’s 10th Report to the Court

36 earlier updates, back to 12 August 2009 — subscribers.

Undated filings3 — no date appears on the document · show

3 filings carry no date on their face — subscribers.

Parties

Debtor

Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd

Monitor

PwC

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Unsecured	Peers Foster Kristiansen (PFK) and Federal Mortgage Corporation Ltd. (FMC)as of proofs of claim filed — PFK and FMC entered settlement agreement (Oct 29, 2009) to support Company's management and not support alternative plan; amount is proofs of claim filed, not an adjudicated/reported total — debtor: Visionwall	$5.72M	Report of the Monitor and Information Circular

1 more claim across lower-ranking classesSubscribe to view⁠

RecoveriesAs stated in the filings

Unsecured creditors: a distribution. 825764 Alberta Ltd. a distribution.Under the plan · sanctionedAmended Plan of Compromise and Arrangement · 14 Dec 2009

Class	Creditor	Claims	Recovery	Basis	Source
Deemed trust	Special Crown Claims	—	paid in full	Under the plansanctionedper the debtor	Amended Plan of Compromise and Arrangement · 14 Dec 2009
Secured	Affected Secured Creditors	—	a distribution	Under the plansanctionedper the debtor	Amended Plan of Compromise and Arrangement · 14 Dec 2009
Secured	825764 Alberta Ltd.	—	a distribution	Under the plansanctionedper the debtor	Amended Plan of Compromise and Arrangement · 14 Dec 2009
Unsecured	Affected Unsecured Creditors	—	a distributionconditional	Under the plansanctionedper the debtor	Amended Plan of Compromise and Arrangement · 14 Dec 2009

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

Cumulative disbursements

$274K

As at 29 Oct 2009Monitor’s 3rd Report to the Court

1 more reported figure, as at 29 Oct 2009Subscribe to view⁠

Documents

42 filings

Date	Document	File
21 Dec 2009	Sanction Order, dated December 21, 2009	PDF · Subscribers

17 Dec 2009	Stay Extension Order, dated December 17, 2009	PDF · Subscribers

16 Dec 2009	Monitor’s 10th Report to the Court Operational summary The report focuses on the creditors' meetings and voting results for the Plan of Compromise or Arrangement, which was approved and will proceed to a Sanction Order application. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

14 Dec 2009	Amended Plan of Compromise and Arrangement Recovery outcome Entries: per plan; per plan; per plan; per plan · Stated on: 2009-12-14 · Table missing:	PDF · Subscribers

4 Dec 2009	Court Order, dated December 4, 2009	PDF · Subscribers

3 Dec 2009	Monitor’s 9th Report to the Court Cash on hand · Disbursements · Financial position · Professional fees Subscribers + 3 more extracted facts	PDF · Subscribers

2 Dec 2009	Monitor’s 7th Report to the Court Financial position · Secured creditors · Unsecured creditors Subscribers	PDF · Subscribers

2 Dec 2009	Monitor’s 8th Report to the Court Operational summary The report focuses on estimating realizations from a wind-down/liquidation scenario, noting the Monitor has not been directed to explore a sale of the business, and discusses the value of shares to be offered to secured creditors under the Plan tied to the success of newly incorporated Visionwall Solutions Inc. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

25 Nov 2009	Creditors Meeting Order, dated November 25, 2009	PDF · Subscribers

20 Nov 2009	Affidavit #7 of G. Clarahan (November 25th Application)	PDF · Subscribers

20 Nov 2009	Notice of Motion (November 25th Application)	PDF · Subscribers

17 Nov 2009	Monitor’s 6th Report to the Court Operational summary The company experienced repeated cash flow constraints causing delayed source deduction remittances to CRA, but subsequently made the overdue payments after receiving an outstanding accounts receivable. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

6 Nov 2009	Monitor’s 5th Report to the Court Operational summary The report focuses on Visionwall's late remittance of source deductions to CRA after the Initial Order, including missed payments due to delayed clearance of large US-dollar customer cheques, with the company expecting to catch up on payments upon receipt of an anticipated wire transfer. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

2 Nov 2009	Monitor’s 4th Report to the Court Operational summary The report addresses whether Visionwall failed to pay employee wages during the CCAA period; the Monitor found no evidence of unpaid wages, salaries, or benefits and confirms payroll for both hourly and salaried employees was consistently funded and paid throughout the proceedings. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

30 Oct 2009	ATB Order, dated October 30, 2009	PDF · Subscribers

30 Oct 2009	Affidavit #6 of G. Clarahan (October 30th Application)	PDF · Subscribers

30 Oct 2009	Amended and Restated Initial Order authorizing the DIP, dated October 30, 2009 Applicant Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd. Appointee PricewaterhouseCoopers Inc. Appointee role Monitor Commencement date 30 October 2009 + 3 more extracted facts	PDF · Subscribers

30 Oct 2009	Court Order dated October 30, 2009	PDF · Subscribers

30 Oct 2009	Order Dismissing WMT October 30, 2009 Application, dated November 25, 2009	PDF · Subscribers

30 Oct 2009	Schaub and Mibana AG Order, dated October 30, 2009	PDF · Subscribers

30 Oct 2009	Stay Extension Order, dated October 30, 2009	PDF · Subscribers

29 Oct 2009	Monitor’s 3rd Report to the Court Cash on hand · Disbursements · Financial position · Operational summary Subscribers + 4 more extracted facts	PDF · Subscribers

27 Oct 2009	Affidavit #5 of G. Clarahan (October 30th Application)	PDF · Subscribers

26 Oct 2009	Court Order dated October 26, 2009	PDF · Subscribers

16 Oct 2009	Amended and Restated Order Sought (October 16th Application) Applicant Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd. Appointee PricewaterhouseCoopers Inc. Appointee role Monitor Commencement date 16 October 2009 + 3 more extracted facts	PDF · Subscribers

15 Oct 2009	Monitor’s 2nd Report to the Court Cash on hand · Disbursements · Financial position · Operational summary Subscribers + 4 more extracted facts	PDF · Subscribers

13 Oct 2009	Affidavit #4 of G. Clarahan (October 16th Application)	PDF · Subscribers

10 Sep 2009	1st Extension Order	PDF · Subscribers

10 Sep 2009	Claims Process Order	PDF · Subscribers

8 Sep 2009	Monitor’s 1st Report to the Court Operational summary Visionwall Corporation continues active operations, completing existing window/wall construction projects and negotiating new contracts, and does not anticipate needing DIP financing based on projected cash flows. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

4 Sep 2009	Affidavit #3 of G. Clarahan (September 10th Court Application)	PDF · Subscribers

27 Aug 2009	Court Order dated August 27, 2009 (August 27th Court Application)	PDF · Subscribers

24 Aug 2009	Affidavit #2 of G. Clarahan (August 27th Court Application)	PDF · Subscribers

24 Aug 2009	Notice of Motion (August 27th Court Application)	PDF · Subscribers

12 Aug 2009	Claims Package (Notice to Creditors, Proof of Claim, Claims Process Order)	PDF · Subscribers

12 Aug 2009	Report of the Monitor and Information Circular Recovery outcome Entries: per plan; per plan · Stated on: 2009-11-20 · Table missing: Financial position · Secured creditors · Unsecured creditors Subscribers	PDF · Subscribers

12 Aug 2009	Visionwall Initial Order Applicant Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd. Appointee PricewaterhouseCoopers Inc. Appointee role Monitor Commencement date 12 August 2009 + 3 more extracted facts	PDF · Subscribers

10 Aug 2009	Affidavit of G. Clarahan (Initial Order)	PDF · Subscribers

10 Aug 2009	Notice of Motion (Initial Order)	PDF · Subscribers

—	Notice of Motion (October 16th Application)	PDF · Subscribers

—	Notice of Motion (October 30th Application)	PDF · Subscribers

—	Notice of Motion (September 10th Court Application)	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., “Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd” (CCAA), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/visionwall-incorporated-visionwall-corporation-and-825764-alberta-ltd