Westbury National Show Systems Ltd.
Follow- 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.
11 earlier updates, back to 11 January 2021 — subscribers.
Undated filings2 — no date appears on the document · show
2 filings carry no date on their face — subscribers.
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 | 73 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantBank of Montreal | Gardiner Roberts LLP | 9 Oct 2020 | Order · 9 Oct 2020 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 279 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 |
Unsecured 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Motion Record Returnable April 20, 2022.pdf | PDF · Subscribers | |
| Order and Endorsement dated 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 20 September 2026, https://proceedings.ca/case/westbury-national-show-systems-ltd