Westbury National Show Systems Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
- File
- CV-20-00648587-00CL
Westbury National Show Systems Ltd. was placed into receivership on October 9, 2020, when the Superior Court of Justice granted Bank of Montreal's application appointing Grant Thornton Limited receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The company was assigned into bankruptcy on January 11, 2021, at 13:05, with Grant Thornton Limited continuing as trustee under section 49 of the BIA. Its Statement of Affairs, as at January 8, 2021, reported total assets of $1,351,110.00 against total liabilities of $11,471,861.40, comprising secured claims of $10,116,493.50, unsecured claims of $1,355,366.90 and preferred claims of $1.00, a deficiency of $10,120,751.40.
A claims procedure has been established — see the order for deadlines.
Certificate of Appointment.pdf was filed. Court file 31-2702542.
Source: Certificate of Appointment.pdf
The Superior Court of Justice granted Bank of Montreal's application for a receivership order, appointing Grant Thornton Limited receiver, on October 9, 2020.
Source: Order (appointing Receiver) dated October 9, 2020.pdf
Application Record of BMO dated October 6, 2020 (Pt 3)_R.pdf — Application / notice of application
Application Record of BMO dated October 6, 2020 (Pt. 1)_R.pdf — Application / notice of application
Application Record of BMO dated October 6, 2020 (Pt. 2)_R.pdf — Application / notice of application
Undated filings2 — no date appears on the document · show
Debtor
Westbury National Show Systems Ltd.
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Koehnen | Ontario Superior Court of Justice | 1 order, Oct 2020 | 83 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | Aird & Berlis LLP | 20 Apr 2022 | Endorsement · 20 Apr 2022 |
| ApplicantBank of Montreal | Gardiner Roberts LLP | 9 Oct 2020 | Order · 9 Oct 2020 |
| CreditorBank of Montreal | Gardiner Roberts LLP | 8 Oct 2020 | Factum · 8 Oct 2020 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 297 casesBusiness Assets - Machinery, Plant and equipment; Stock In Trade/Inventory; Cash on Hand (BMO a/c 1693 707); Debts Due - Business (accounts receivable) - security given 30-Nov-2017 — Balance of claim after estimated security value $1,351,110.00 shown as $8,765,382.50 — debtor: Westbury National Show Systems Ltd. · as of 8 Jan 2021 | $10.1M | Statement of Affairs.pdf |
| 4 | Secured | |||
| 6 | Landlord preferred | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
127 more claims in 3 classes The stack holds Secured, Landlord preferred and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution. Bank of Montreal short.EstimatedTrustees Preliminary Report - January 28, 2021.pdf · 28 Jan 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Bank of Montreal | — | shortfall | Estimatedper the debtor | Application Record of BMO dated October 6, 2020 (Pt. 1)_R.pdf · 6 Oct 2020 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustees Preliminary Report - January 28, 2021.pdf · 28 Jan 2021 |
| Equity | other creditors, shareholders or other lower ranking stakeholders | — | no distribution | Estimatedper the debtor | Application Record of BMO dated October 6, 2020 (Pt. 1)_R.pdf · 6 Oct 2020 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Order and Endorsement dated April 20, 2022.pdf
| PDF · Subscribers | |
| Motion Record Returnable April 20, 2022.pdf | PDF · Subscribers | |
Minutes of First Meeting of Creditors - January 29, 2021.pdf
| PDF · Subscribers | |
Trustees Preliminary Report - January 28, 2021.pdf
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors.pdf
| PDF · Subscribers | |
Certificate of Appointment.pdf
| PDF · Subscribers | |
Statement of Affairs.pdf
| PDF · Subscribers | |
| Service List - October 13, 2020.docx | PDF · Subscribers | |
Endorsement of Mr Justice Koehnen dated October 9, 2020.pdf
| PDF · Subscribers | |
Order (appointing Receiver) dated October 9, 2020.pdf
| PDF · Subscribers | |
Factum of the Applicant (Bank of Montreal) dated October 8, 2020.PDF
| PDF · Subscribers | |
| Application Record of BMO dated October 6, 2020 (Pt 3)_R.pdf | PDF · Subscribers | |
Application Record of BMO dated October 6, 2020 (Pt. 1)_R.pdf
| PDF · Subscribers | |
| Application Record of BMO dated October 6, 2020 (Pt. 2)_R.pdf | PDF · Subscribers | |
| Proof of Claim Form.pdf | PDF · Subscribers | |
Proxy Form.pdf
| 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., “Westbury National Show Systems Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/westbury-national-show-systems-ltd