Proceedings.

Wholly Veggie Inc

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Proceeding
NOIsection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
File
BK-24-03115669-0031
Filings held14
Last activity11 Nov 2024
On the record814 days
Secured debtSubscribers
OverviewSummary updated

Wholly Veggie Inc., an Ontario company, is in active insolvency proceedings. Its list of creditors with claims of $250 and more, prepared as at the NOI filing date, records a secured claim of CAD 6,300,000 held by Windermere Investment Corp. and unsecured claims led by holders of convertible notes at CAD 8,995,765, whose addresses are listed as confidential and who are not individually named. Employee claims are listed without a stated amount. The largest trade and supplier claims include FRIAL S.A.S at CAD 374,876.80, ARDO - VLM Foods Inc. at CAD 181,685.26, Stampede Culinary Partners Inc. at CAD 147,179.70, Cantrina Freezer Warehouse Inc. at CAD 138,443.81 and Grand River Foods Ltd. at CAD 130,866.73. An intercompany loan of CAD 59,818.36 is listed as a related party claim.

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Case updates14 dated entries
#Report

The officer filed report no. First Report. Wholly Veggie's operating assets and employees were transferred to a newly formed purchaser (NewCo) under a completed sale transaction, leaving the bankrupt estate with no assets, no employees, and only statutory administrative activities remaining.

Source: Trustee's Report on Preliminary Administration

#Sale

The court granted an approval and vesting order for the sale to Windermere Investment Corp. Closing terms, as extracted: Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions.

Source: Assignment, Approval and Vesting Order

Parties

Debtor

Wholly Veggie Inc

Proposal trustee

PwC

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice2 orders, Oct 2024198 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Aug 2024318 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteePwCCassels Brock & Blackwell LLP26 Aug 2024Order · 26 Aug 2024
DebtorWholly Veggie IncReconstruct LLP26 Aug 2024Order · 26 Aug 2024
CreditorWindermere Investment CorpMeretsky Law Firm2 Oct 2024Service list · 2 Oct 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredWindermere Investment Corp.as of NOI filing date — debtor: Wholly Veggie Inc.$6.3MNotice of NOI with List of Creditors
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

68 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Sale closed — the sale transaction between Wholly Veggie and Stalking Horse Bidder closedTrustee's Report on Preliminary Administration · 11 Nov 2024

PurchaserPriceStatusSource
Windermere Investment Corp.Credit bidthe Vendor's right, title and interest in and to the assets described in the Stalking Horse Agreement (the ' Purchased Assets ') · asset sale · nominee/assignee: WV Healthy Foods Holdings Inc., and any successor entities · agreement 20 Aug 2024SubscribersClosed15 Oct 2024Trustee's Report on Preliminary Administration
Closing termsVesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions.Assignment, Approval and Vesting Order
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Report on Preliminary Administration · 11 Nov 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteeTrustee's Report on Preliminary Administration · 11 Nov 2024

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.

Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Cassels Brock & Blackwell LLP, 31 Jul – 27 Sep 2024, incl. taxSecond Report of the Proposal Trustee · 1 Oct 2024

FirmPeriodHoursFeesRatesSource
Cassels Brock & Blackwell LLPCounsel31 Jul – 27 Sep 2024—Second Report of the Proposal Trustee · 1 Oct 2024
PricewaterhouseCoopers Inc.Proposal trustee23 Jul – 27 Sep 2024—Second Report of the Proposal Trustee · 1 Oct 2024

4 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

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

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Documents
14 filings
DateDocumentFile
Trustee's Report on Preliminary Administration
  • Closing confirmed Closed · 15 Oct 2024 · Windermere Investment Corp.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Bankruptcy Notice
PDF · Subscribers
Proof of Claim with Proxy (Bankruptcy)PDF · Subscribers
Assignment, Approval and Vesting Order
  • Closing terms Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions.
  • Counsel Reconstruct LLP
  • Order date 4 October 2024
  • Presiding officer Justice W.D. Black
  • + 2 more extracted facts
PDF · Subscribers
Endorsement of J Black (re Assignment, Approval and Vesting Order)
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Factum of the Company (re Assignment, Approval and Vesting Order)
  • Counsel Reconstruct LLP
PDF · Subscribers
Service List
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Second Report of the Proposal Trustee
  • Process results 5 solicited · 5 NDAs · 0 bids · as of 27 Sep 2024
  • Purchaser Windermere Investment Corp. (stalking horse) · substantially all of the Wholly Veggie Inc. right, title, and interest in the Purchased Assets · asset sale · approved
  • Sale outcome Successful bid selected — the Stalking Horse Agreement was designated as the highest or otherwise best bid (the ' Successful Bid') under the SISP
  • Fee schedule Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Motion Record of the Company (re Assignment, Approval and Vesting Order)
  • Applicant Wholly Veggie Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Proposal Trustee
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF · Subscribers
Endorsement of J. Cavanagh (re SISP Approval, Stay Extension, Charges Approval Order)
  • Presiding officer Justice P. Cavanagh
PDF · Subscribers
SISP Approval, Stay Extension, Charges Approval Order
  • Bid deadline 4 October 2024
  • Closing terms Closing of Successful Bid(s) as soon as possible following Court Approval
  • Counsel Cassels Brock & Blackwell LLP
  • Order date 26 August 2024
  • + 4 more extracted facts
PDF · Subscribers
First Report of the Proposal Trustee
  • Appointee PricewaterhouseCoopers Inc., LIT
  • Appointee role Proposal Trustee
  • Commencement date 13 August 2024
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 more extracted facts
PDF · Subscribers
Motion Record of the Company (re SISP)
  • Applicant Wholly Veggie Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Proposal Trustee
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 2 more extracted facts
PDF · Subscribers
Notice of NOI with List of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Wholly Veggie Inc” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/wholly-veggie-inc

Sources last checked · summary updated 4 September 2026 · Report a correction · Printed from proceedings.ca/case/wholly-veggie-inc

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.