VSA, LLC
Follow- Proceeding
- Receivership (court-appointed)section 47(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c.C-43, as amended
- File
- 05-CL-6044
VSA, LLC is the subject of insolvency proceedings before the Ontario Superior Court of Justice (Commercial List), commenced on September 12, 2005 under court file number 05-CL-6044. The proceedings remain active. The record identifies no statutory basis and specifies no proceeding type, and it sets out no dated steps in the case beyond the commencement date itself.
Court Order – October 17, 2005 was filed. Court file 05-CL-6044.
Source: Court Order – October 17, 2005
A receivership order was granted. Court file 05-CL-6044.
Source: Court Order – September 12, 2005
Court Order – September 12, 2005 was filed. Court file 05-CL-6044.
Source: Court Order – September 12, 2005
Debtor
VSA, LLC
Receiver
Zeifmans
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Farley | Ontario Superior Court of Justice | 2 orders, Sep 2005 – Oct 2005 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRecciver, Zeifinan Partners Inc | Minden Gross LLP | 30 Oct 2006 | Order · 30 Oct 2006 |
| CreditorZeifman Partners Inc | Minden Gross LLP | 18 Jul 2007 | Order · 18 Jul 2007 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Sub-Debt Holders (Viking Management, LLC, Triune Holdings, LLC, Patrick James, Jay Schabel and Michael Klinginsmith)Sub-Debt Security - security on assets of Supplier, subordinate to Lender (HNB) — Amount advanced not stated in these pages; related party/insider lenders — debtor: VSA, LLC | — | Court Order – September 12, 2005 |
| Secured | The Huntington National Bank (HNB)Security interests, charges, mortgages, liens and encumbrances on all property, assets and undertaking of the Debtor (priority ranking ahead of Sub-Debt Holders and Receiver's Borrowings Charge) — Balance not stated in these pages; provides substantially all working capital financing under Credit Agreement dated January 27, 2005 subject to a borrowing base — debtor: VSA, LLC | — | Court Order – September 12, 2005 |
“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.
| Date | Document | File |
|---|---|---|
Court Order – July 18, 2007
| ||
Court Order – October 30, 2006
| ||
Court Order – October 17, 2005
| ||
Court Order – September 12, 2005
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “VSA, LLC” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/vsa-llc