Proceedings.

Western Concord Manufacturing

ActiveFollow
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 39 of the Law and Equity Act, R.S.B.C. 1996 c. 253, as amended (the "LEA")
Court
Supreme Court of British Columbia
File
11-2324216
Industry
Manufacturing · Chemicals, plastics & consumer products
Filings held43
Last activity17 Oct 2018
On the record3,254 days
Secured debtSubscribers
OverviewSummary updated

Western Concord Manufacturing filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on December 8, 2017, in British Columbia, with Ernst & Young Inc. acting as Licensed Insolvency Trustee (court files 11-2324216, 11-2324218 and 11-2324219). Its secured creditors include HSBC Bank Canada, owed $4,058,852.00, and a related party, Hanover Investment Corporation Ltd., whose secured claim is $43,272,921.19.

Claims processIf you are owed money

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

Per the Claims Process with a Claims bar date of April 8, 2018 dated 9 March 2018.

Proceedings AIOpen Proceedings AI⁠
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates43 dated entries
#Report

This Court orders that: 1. The time for service of the Notice of Application herein and all materials referred to therein is abridged as necessary such that the Notice of Application is properly returnable today. 2. The Second Report, and the actions and conduct of the Receiver as particularized therein, are hereby approved. 3. The fees and disbursements of the Receiver and its counsel, as set out in the Second Report, the Bell Affidavits, and the Enns Affidavits, are hereby approved. 4. The Receiver is authorized and directed to distribute the funds held by it as follows: (a) pay into court to the credit of this action an amount equal to the claim asserted by Service Canada as a priority pursuant to subsection 81.3 of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3; and (b) to distribute any remaining funds or additional funds received by it in its capacity as the Receiver, to Hanover on account of Western Concord's obligations, without further Order of this Court — Court officer report

PDF · Subscribers

#Report

The officer filed report no. Second Report of the Receiver. Western Concord's business was sold to Mercury Plastics in March 2018, and the entities are now in bankruptcy. The Receiver has made interim distributions, holds the remaining cash, and proposes a final distribution to Hanover and its own discharge.

Source: The purpose of this second report of the Receiver (the “Second Receiver’s Report”) is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. condensed background information of Western Concord; b. the receipts and disbursements of the Receiver; c. the potential Section 81.3 claims; d. the professional fees of the Receiver and its legal counsel; e. the Final Distribution (defined below) and the proposed discharge of the Receiver following completion of the final matters related to these proceedings; and f. the Receiver’s recommendations

#Report

The purpose of the First Report was to advise the Supreme Court of British Columbia with respect to, inter alia: a. the background of the Companies; b. the financial position of the Companies and causes of insolvency; c. the assets and liabilities of the Companies; d. the activities undertaken by the Proposal Trustee in accordance with the provisions of the BIA; 3 e. the Companies’ projected cash flows for the period of December 11, 2017 to February 25, 2018 (the “First Report Cash Flow Forecast”); f. the Companies’ request for an extension of the deadline to file a Proposal from February 7, 2018 to February 25, 2018; and g. the Proposal Trustee’s recommendations — Court officer report

PDF · Subscribers

#Report

Second Report of the Trustee The purpose of this second report (the "Second ReporY') is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. condensed background information of Western Concord; b. the Marketing Process (defined below) undertaken prior to the NOI; c. a summary of prior efforts to market the Companies and analysis of its business; d. the Proposal Trustee's estimate of the value of the Companies; e. the indebtedness of the Companies to their Secured Creditors; f. the Security Review (defined below) performed by Cassels Brock &Blackwell LLP ("Cassels"), independent legal counsel for the Trustee; g. the asset purchase agreement with a United States-based strategic investor (the "Buyer") to acquire substantially all of the assets of the Companies (the "APA"); h. the Proposal Trustee's commentary on the APA; i. the Companies' intended application for a claims process (the "Proposed Claims Process"); j. a budget to actual cash flow analysis since the First Report (being the period from December 11, 2017 to February 9, 2018); k. the Companies' projected cash flows for the period from February 9, 2018 to April 7, 2018 (the "Second Report Cash Flow Forecast"); I. the Companies' request for an extension of the deadline to file proposals by 45 days to April 7, 2018; and m. the Proposal Trustee's Recommendations — Court officer report

PDF · Subscribers

#Report

The purpose of this first report of the Proposal Trustee (the “First Report”) is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. the background of Western Concord; b. the financial position and causes of insolvency; c. the assets and liabilities of the Companies; d. the activities undertaken by the Proposal Trustee in accordance with the provisions of the BIA; e. the Companies’ projected cash flows for the period from December 11, 2017 to February 25, 2018 (the “First Report Cash Flow Forecast”); f. the Companies request for an extension of the deadline to file proposals by 45 days to February 21, 2018 (the “Extended Deadline”); g. the Proposal Trustee’s Recommendations — Court officer report

PDF · Subscribers

Parties

Debtor

Western Concord Manufacturing

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice GrovesSupreme Court of British Columbia3 orders, Dec 2017 – Mar 20189 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYCassels Brock & Blackwell LLP16 Feb 2018Service list · 16 Feb 2018
DebtorWestern Concord ManufacturingDentons Canada LLP16 Feb 2018Service list · 16 Feb 2018
CreditorHSBC Bank CanadaBorden Ladner Gervais LLP16 Feb 2018Service list · 16 Feb 2018
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredHanover Investment Corporation Ltd.as of Company's records as of NOI filing date — related party (listed separately from an unsecured entry for same creditor); listed as secured per creditor listing — debtor: Western Concord Manufacturing Partnership$43.3MNotice to Creditors of Stay of Proceedings
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

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

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠

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

Sale closed — The sale contemplated under and pursuant to the APA completed on March 1, 2018The purpose of this second report of the Receiver (the “Second… · 3 Oct 2018

PurchaserPriceStatusSource
Mercury Plastics of Canada Inc.substantially all of its assets · asset salenot statedClosed1 Mar 2018The purpose of this second report of the…
AdvisorsErnst & Young Orenda Corporate Finance (Canada) Inc. (financial advisor)Preliminary Report of the Trustee
Closing termsCanadian Assets shall be delivered by the Seller to the Buyer at 11:59 pm (local Vancouver Time) on the Closing Date; extension of Closing Date up to 30 days allowedThe extension of filing the Proposal is extended to April 7, 2018. The…
RecoveriesAs declared or paid

Unsecured creditors: no distribution. HSBC Bank Canada paid in full · Mercury a distribution.FinalNotice of Application of Hanover Investments Order sought that the… · 4 Oct 2018

ClassCreditorClaimsRecoveryBasisSource
Secured——short by Estimatedper the trusteePreliminary Report of the Trustee · 26 Apr 2018
SecuredHSBC Bank Canada—paid in fullEstimatedper the receiverNotice of Application Orders sought: 1. approving the Receiver's first… · 31 May 2018
SecuredHanover Investments Corporation Ltd.listeda distributionFinalper the receiverNotice of Application of Hanover Investments Order sought that the… · 4 Oct 2018
Unsecured——no distributionFinalper the receiverNotice of Application of Hanover Investments Order sought that the… · 4 Oct 2018
class not placedMercuryMercury—interimFinalper the receiverThe purpose of this second report of the Receiver (the “Second… · 3 Oct 2018

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.

3 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Cassels Brock & Blackwell LLP, 1 Dec 2017 – 30 Sep 2018The purpose of this second report of the Receiver (the “Second… · 3 Oct 2018

FirmPeriodHoursFeesRatesSource
Cassels Brock & Blackwell LLPCounsel1 Dec 2017 – 30 Sep 2018Sought——not statedThe purpose of this second report of the Receiver (the “Second… · 3 Oct 2018
Ernst & Young Inc.Proposal trustee5 Mar – 4 Jun 20188 peopleThe purpose of this second report of the Receiver (the “Second… · 3 Oct 2018
8 people — Ernst & Young Inc., 5 Mar – 4 Jun 2018 · 24 blurred figures
NameTitleHoursRateFees
Kevin BrennanSenior Vice President
Michael BellVice President
Michael BellVice President
Riyandi TanManager
Riyandi TanManager
Esther WongParaprofessional
Esther WongParaprofessional
Marcos SouzaSenior

27 blurred figures above

What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Estate financialsReported figures — never derived

Cumulative receipts

$15.3M

As at 3 Oct 2018The purpose of this second report of the Receiver (the “Second Receiver’s Report”) is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. condensed background information of Western Concord; b. the receipts and disbursements of the Receiver; c. the potential Section 81.3 claims; d. the professional fees of the Receiver and its legal counsel; e. the Final Distribution (defined below) and the proposed discharge of the Receiver following completion of the final matters related to these proceedings; and f. the Receiver’s recommendations

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents
43 filings
DateDocumentFile
This Court orders that: 1. The time for service of the Notice of Application herein and all materials referred to therein is abridged as necessary such that the Notice of Application is properly returnable today. 2. The Second Report, and the actions and conduct of the Receiver as particularized therein, are hereby approved. 3. The fees and disbursements of the Receiver and its counsel, as set out in the Second Report, the Bell Affidavits, and the Enns Affidavits, are hereby approved. 4. The Receiver is authorized and directed to distribute the funds held by it as follows: (a) pay into court to the credit of this action an amount equal to the claim asserted by Service Canada as a priority pursuant to subsection 81.3 of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3; and (b) to distribute any remaining funds or additional funds received by it in its capacity as the Receiver, to Hanover on account of Western Concord's obligations, without further Order of this Court
PDF · Subscribers
Notice of Application of Hanover Investments Order sought that the amount equal to the claim asserted by Service Canada as a priority be paid to Hanover
  • Counsel Cassels Brock & Blackwell LLP
  • Recovery outcome Entries: per actual; per actual · Table missing:
PDF · Subscribers
The purpose of this second report of the Receiver (the “Second Receiver’s Report”) is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. condensed background information of Western Concord; b. the receipts and disbursements of the Receiver; c. the potential Section 81.3 claims; d. the professional fees of the Receiver and its legal counsel; e. the Final Distribution (defined below) and the proposed discharge of the Receiver following completion of the final matters related to these proceedings; and f. the Receiver’s recommendations
  • Closing confirmed Closed · 1 Mar 2018 · Mercury
  • Cash on hand · Disbursements · Fee schedule Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Order approving the Receiver's First Report. Receiver is authorized to distribute the first interim distribution
PDF · Subscribers
Notice of Application Orders sought: 1. approving the Receiver's first report dated May 31, 2018 (the "First Receiver's Report") and activities described therein; 2. approving an interim distribution from the Net Proceeds
  • Recovery outcome Entries: per estimated; per estimated; per estimated · Stated on: 2018-05-31 · Table missing:
PDF · Subscribers
The purpose of the First Report was to advise the Supreme Court of British Columbia with respect to, inter alia: a. the background of the Companies; b. the financial position of the Companies and causes of insolvency; c. the assets and liabilities of the Companies; d. the activities undertaken by the Proposal Trustee in accordance with the provisions of the BIA; 3 e. the Companies’ projected cash flows for the period of December 11, 2017 to February 25, 2018 (the “First Report Cash Flow Forecast”); f. the Companies’ request for an extension of the deadline to file a Proposal from February 7, 2018 to February 25, 2018; and g. the Proposal Trustee’s recommendations
  • Recovery outcome Entries: per estimated; per estimated; per estimated · Stated on: 2018-05-31 · Table missing:
PDF · Subscribers
Preliminary Report of the Trustee
  • Closing confirmed Closed · 1 Mar 2018 · Mercury Plastics of Canada Inc.
  • Purchaser Mercury Plastics of Canada Inc. · substantially all of its assets · asset sale · closed
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2018-04-26 · Table missing:
  • Sale advisor Ernst & Young Orenda Corporate Finance (Canada) Inc. (financial advisor)
  • + 2 more extracted facts
PDF · Subscribers
Directive 22R - Instructions to complete formsPDF · Subscribers
Form 31 - Proof of ClaimPDF · Subscribers
Form 36 - ProxyPDF · Subscribers
Notice of Bankruptcy to CreditorsPDF · Subscribers
Claims Process OrderPDF · Subscribers
Order appointing EY as receiver of the Net Proceeds
  • Presiding officer Justice Groves
PDF · Subscribers
Blackline of Model Receivership Order - Receivership Order (Over Proceed
  • Proceeding type receivership_court
  • Statutory basis Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and Section 39 of the Law and Equity Act, R.S.B.C. 1996 c. 253, as amended (the "LEA")
PDF · Subscribers
UNFILED Affidavit of Avic Arenas, sworn 02 Mar 2018PDF · Subscribers
UNFILED Notice of Application (Claims Process)
  • Presiding officer Justice Groves
PDF · Subscribers
UNFILED Notice of Application (Receivership)PDF · Subscribers
Notice of Application, returnable 21 Feb 2018 to extend the period until 07 April 2018 to file a proposalPDF · Subscribers
Sealing the document Supplemental Report to the Second Report of the Proposal TrusteePDF · Subscribers
The extension of filing the Proposal is extended to April 7, 2018. The sale transaction contemplated by the Asset Purchase Agreement dated February 5, 2018 is approved
  • Closing terms Canadian Assets shall be delivered by the Seller to the Buyer at 11:59 pm (local Vancouver Time) on the Closing Date; extension of Closing Date up to 30 days allowed
  • Order date 21 February 2018
  • Sale outcome Sale approved — Sale Agreement approved by the court
  • Stalking horse Subscribers
PDF · Subscribers
Service List as of 16 Feb 2018
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Affidavit of George Wright, sworn 15 Feb 2017 regarding update on business and operationsPDF · Subscribers
Notice of Application of the Proposal Trustee to seal Supplemental Report to the Second Report of the Proposal TrusteePDF · Subscribers
Second Report of the Trustee The purpose of this second report (the "Second ReporY') is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. condensed background information of Western Concord; b. the Marketing Process (defined below) undertaken prior to the NOI; c. a summary of prior efforts to market the Companies and analysis of its business; d. the Proposal Trustee's estimate of the value of the Companies; e. the indebtedness of the Companies to their Secured Creditors; f. the Security Review (defined below) performed by Cassels Brock &Blackwell LLP ("Cassels"), independent legal counsel for the Trustee; g. the asset purchase agreement with a United States-based strategic investor (the "Buyer") to acquire substantially all of the assets of the Companies (the "APA"); h. the Proposal Trustee's commentary on the APA; i. the Companies' intended application for a claims process (the "Proposed Claims Process"); j. a budget to actual cash flow analysis since the First Report (being the period from December 11, 2017 to February 9, 2018); k. the Companies' projected cash flows for the period from February 9, 2018 to April 7, 2018 (the "Second Report Cash Flow Forecast"); I. the Companies' request for an extension of the deadline to file proposals by 45 days to April 7, 2018; and m. the Proposal Trustee's Recommendations
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2018-02-15 · Table missing:
PDF · Subscribers
The extension of filing of the Proposal is to February 21, 2018 and the proceedings have been consolidated
  • Presiding officer Justice Groves
PDF · Subscribers
Affidavit 1 of A. Arenas (WCSL) dated 15 Dec 2017PDF · Subscribers
Affidavit of Avic Arenas (WCM ED) dated 15 Dec 2017PDF · Subscribers
Affidavit of Avic Arenas (WCM Limited) dated 15 Dec 2017PDF · Subscribers
Affidavit of Avic Arenas (WCM NW) dated 15 Dec 2017PDF · Subscribers
Affidavit of Avic Arenas (WCM Partnership) dated 15 Dec 2017PDF · Subscribers
Affidavit of George Wright dated December 15, 2017PDF · Subscribers
The purpose of this first report of the Proposal Trustee (the “First Report”) is to advise the Supreme Court of British Columbia with respect to, inter alia, the following: a. the background of Western Concord; b. the financial position and causes of insolvency; c. the assets and liabilities of the Companies; d. the activities undertaken by the Proposal Trustee in accordance with the provisions of the BIA; e. the Companies’ projected cash flows for the period from December 11, 2017 to February 25, 2018 (the “First Report Cash Flow Forecast”); f. the Companies request for an extension of the deadline to file proposals by 45 days to February 21, 2018 (the “Extended Deadline”); g. the Proposal Trustee’s RecommendationsPDF · Subscribers
Certificate for the Notice of Intention - WC Supply LtdPDF · Subscribers
Certificate for the Notice of Intention - WCM Edmonton Ltd
  • Appointee ERNST & YOUNG INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 8 December 2017
  • Court file no 11-2324219
  • + 1 more extracted fact
PDF · Subscribers
Certificate for the Notice of Intention - WCM Ltd
  • Appointee Ernst & Young Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 8 December 2017
  • Court file no 11-2324216
  • + 1 more extracted fact
PDF · Subscribers
Certificate for the Notice of Intention - WCM New West LtdPDF · Subscribers
Certificate for the Notice of Intention - WCM Partnership Ltd
  • Appointee Ernst & Young Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 8 December 2017
  • Court file no 11-2324218
  • + 1 more extracted fact
PDF · Subscribers
Form 33 - WC Supply LtdPDF · Subscribers
Form 33 - WCM Edmonton LtdPDF · Subscribers
Form 33 - WCM New West LtdPDF · Subscribers
Form 33 - WCM Partnership LtdPDF · Subscribers
Notice to Creditors of Stay of Proceedings
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
form 33 - WCM LtdPDF · Subscribers

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

CiteProceedings., “Western Concord Manufacturing” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/western-concord-manufacturing

Recently updated

Giftcraft Holdings, Inc., Ripskirt Hawaii, LLC et al.

Ontario · Receivership (court-appointed)

3 Nov 2026

Transport Bruno Harvey inc.

Quebec · Bankruptcy

3 Nov 2026

Sunshine Oilsands Ltd

Alberta · Receivership (court-appointed)

3 Nov 2026

RSG Law Professional Corporation

Ontario · Receivership (court-appointed)

3 Nov 2026

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/western-concord-manufacturing

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.