Windward Holdings Inc. oa Rossiter Boats
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act
Windward Holdings Inc., operating as Rossiter Boats, is a closed bankruptcy proceeding. Secured claims per company records include Kodiak Group Holdings Inc. at $575,056 under a first mortgage, Toronto-Dominion Bank at $420,000 under a second mortgage, and smaller PPSA-registered claims from Scott Hanson, Caldwell ICM Market Strategy, IPS Invoice Payment System Corporation, Jim Hayhurst, and Yamaha Motor Canada Inc., while National Leasing Group Inc. and SNAP Commercial Finance Corporation are listed as nil. Unsecured claims per records total $1,185,015, against $538,634 reported as received by the Trustee, who does not anticipate a distribution to unsecured creditors. A BIA deemed trust claim of $138,331 per records, with $12,750 received, ranks ahead of secured and unsecured claims.
Undated filings1 — no date appears on the document · show
Debtor
Windward Holdings Inc. oa Rossiter Boats
Trustee in bankruptcy
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Kodiak Group Holdings Inc.as of per Company's records — First ranking mortgage on Rossiter Boats Premises; PPSA registration over personal property — Amount is 'Debt per records' from PPSA search; Trustee makes no acknowledgement of amount owing or security claimed. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $575K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | Toronto-Dominion Bank (TD Bank) · in 48 casesas of per Company's records — Second ranking mortgage on Rossiter Boats Premises; PPSA registration over personal property; holds cash accounts including ~$95,768 CAD Letter of Credit — Amount is 'Debt per records' from PPSA search; Trustee's counsel to review security prior to receiver appointment discussions. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $420K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | Caldwell ICM Market Strategyas of per Company's records — PPSA registration — debtor: Windward Holdings Inc. o/a Rossiter Boats | $121K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | Yamaha Motor Canada Inc.as of per Company's records — PPSA registration — debtor: Windward Holdings Inc. o/a Rossiter Boats | $83.1K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | Jim Hayhurstas of per Company's records — PPSA registration — debtor: Windward Holdings Inc. o/a Rossiter Boats | $73.9K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | IPS Invoice Payment System Corporationas of per Company's records — PPSA registration — debtor: Windward Holdings Inc. o/a Rossiter Boats | $25K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | Scott Hansonas of per Company's records — PPSA registration — Related party: Scott Hanson is the most recent Company Officer of Rossiter Boats. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $3.14K | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | National Leasing Group Inc. · in 52 casesas of per Company's records — PPSA registration — Listed as 'nil' debt per records. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $0 | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 4 | Secured | SNAP Commercial Finance Corporationas of per Company's records — PPSA registration — Listed as 'nil' debt per records. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $0 | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of per Company's records — Document names no individual unsecured creditors; 'As Received' figure reported separately by Trustee as $538,634; Trustee does not anticipate any distribution to unsecured creditors (para. 26). — debtor: Windward Holdings Inc. o/a Rossiter Boats | $1.19M | Trustee's Preliminary Report dated June 22, 2018.pdf |
| 8 | Unsecured | Trust claimants (aggregate as reported) · in 2 casesas of per Company's records — Trust claim priority payable (BIA deemed trust), ranking ahead of secured and ordinary unsecured claims per para. 26; amount 'As Received' by Trustee reported separately as $12,750; document names no individual trust claimants. — debtor: Windward Holdings Inc. o/a Rossiter Boats | $138K | Trustee's Preliminary Report dated June 22, 2018.pdf |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report dated June 22, 2018.pdf · 22 Jun 2018
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report dated June 22, 2018.pdf · 22 Jun 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.
| Date | Document | File |
|---|---|---|
| Order of Discharge of Trustee dated February 26, 2025.pdf | ||
Trustee's Preliminary Report dated June 22, 2018.pdf
| ||
| Certificate of Appointment.pdf | ||
| Notice of First Meeting of Creditors.pdf | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Windward Holdings Inc. oa Rossiter Boats” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/windward-holdings-inc-oa-rossiter-boats