Proceedings.

WYNIT Distribution, LLC, WD Navarre Canada, ULC, WD Navarre Distribution, LLC, WD Encore Software, LLC, WD Navarre Holdings, LLC, WD Navarre Digital Services, LLC, WYNIT Holdings, Inc.

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Proceeding
Foreign recognition (CCAA)Companies' Creditors Arrangement Act, R.S.C. 1985, c. C 36, AS AMENDED
File
CV17-582329-00CL
Filings held54
Last activity18 Jan 2018
On the record3,332 days
Secured debtSubscribers
OverviewSummary updated

WYNIT Distribution, LLC and six affiliates, including Canadian local debtor WD Navarre Canada, ULC, are the subject of active CCAA recognition proceedings in the Ontario Superior Court of Justice, commenced September 21, 2017 under court file CV-17-582329-00CL, with KSV Kofman Inc. as Information Officer. The group's US petitions were filed September 8, 2017, when approximately US$76 million was outstanding to the Prepetition Senior Lenders, secured over all of the debtors' assets, including the Canadian assets, under the Ontario PPSA; Chaitons LLP confirmed that security valid and perfected. Interim DIP advances of US$3.5 million, authorised by the Interim DIP Order, were increased to US$8 million by a Second Interim DIP Order dated September 27, 2017, under a DIP facility committed up to $15 million and secured by a super-priority DIP Lender's Charge in both the United States and Canada.

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Case updates54 dated entries
#Report

The officer filed report no. Sixth Report. The report notes that over the course of the Chapter 11 proceedings the Debtors liquidated substantially all of their assets (inventory and accounts receivable) and have now ceased business operations, with the case converting from Chapter 11 to Chapter 7 and a Chapter 7 trustee appointed to wind up remaining matters.

Source: Sixth Report of the Information Officer dated January 18, 2018

#Report

The officer filed report no. Fifth Report. The Debtors shut down operations in late August 2017 and are liquidating their remaining assets; the Liquidation and Encore transactions have closed, the Remaining Inventory is being sold with Conway's assistance, and there are no employees remaining at the Mississauga Premises, which the Debtors are seeking to reject the lease for.

Source: Fifth Report of the Information Officer dated December 1, 2017

#Report

The officer filed report no. Fourth Report. The Debtors ceased primary operations in the US and Canada in August 2017 and are liquidating their assets. The Local Debtor's Mississauga facility has limited activity and eight Canadian employees remain. The Encore software business is being sold through a stalking horse process; the auction produced a $1.7 million bid from Sereno Ventures.

Source: Fourth Report of Information Officer dated November 9, 2017

#Report

The officer filed report no. Third Report. The Debtors' Transaction (a liquidation sale of the Assets) closed on October 23, 2017, and the Debtors are monetizing their remaining assets (the Encore business and inventory subject to alleged consignment arrangements). Activity at the warehousing facilities, including the Mississauga Premises, has been limited since late August 2017, and eight Canadian employees remain.

Source: Third Report of the Information Officer dated October 30, 2017

#Report

The officer filed report no. Supplement to the Second Report. The Debtors conducted a sale Auction on October 17, 2017 with nine prospective bidders; no bid superior to the Stalking Horse Bid was submitted, so the Liquidator was declared the Successful Bidder. The Information Officer recommends the court grant the relief sought by the Foreign Representative, conditional on the US Court issuing the related orders.

Source: Supplement to the Second Report of Information Officer dated October 19, 2017

#Report

The officer filed report no. Second Report. The Debtors ceased primary operations in the US and Canada in August 2017 and are liquidating substantially all assets via a stalking horse liquidation agreement with a Hilco/Gordon Brothers joint venture; limited activity remains at the Mississauga facility, with eight Canadian employees.

Source: Second Report of Information Officer dated October 17, 2017

Parties

Debtor

WYNIT Distribution, LLC, WD Navarre Canada, ULC, WD Navarre Distribution, LLC, WD Encore Software, LLC, WD Navarre Holdings, LLC, WD Navarre Digital Services, LLC, WYNIT Holdings, Inc.

Information officer

AlixPartners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MorawetzOntario Superior Court of Justice10 orders, Sep 2017 – Dec 2017141 cases on record
Justice HaineyOntario Superior Court of Justice2 orders, Sep 2017 – Oct 2017211 cases on record

Counsel of record

PartyCounselFirst seenSource
DebtorWYNIT Distribution, LLC, WD Navarre Canada, ULC, WD Navarre Distribution, LLC, WD Encore Software, LLC, WD Navarre Holdings, LLC, WD Navarre Digital Services, LLC, WYNIT Holdings, Inc.Stinson Leonard Street LLP20 Oct 2017Application · 20 Oct 2017
Foreign representativeGoldman Sloan Nash & Haber LLP8 Sep 2017Application · 8 Sep 2017
Foreign representativeLocalGoldman Sloan Nash & Haber LLP21 Sep 2017Order · 21 Sep 2017
CreditorFitbit, IncAkin Gump Strauss Hauer & Feld LLP · McMillan LLP30 Nov 2017Service list · 30 Nov 2017
CreditorForeignGoldman Sloan Nash & Haber LLP8 Sep 2017Application · 8 Sep 2017
Creditorinformation officerChaitons LLP30 Nov 2017Service list · 30 Nov 2017
CreditorLocalGoldman Sloan Nash & Haber LLP20 Sep 2017Factum · 20 Sep 2017
CreditorLocal and the ForeignGoldman Sloan Nash & Haber LLP23 Oct 2017Affidavit · 23 Oct 2017
CreditorWells Fargo Bank, as agentGoodmans LLP18 Jan 2018Service list · 18 Jan 2018
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredPrepetition Senior Lenders (syndicate under Prepetition Credit Facility)as of date of filing of the petitions (September 8, 2017) — Security over all of the Debtors' assets, including all assets of the Local Debtor, registered under Ontario PPSA; independent security opinion obtained by Chaitons LLP confirming valid and perfected security interest — Approximately $76 million outstanding as at petition date; DIP Facility roll-up applies repayments first against this facility; security opinion confirmed valid and perfected (not merely pending) — debtor: All Debtors, including WD Navarre Canada, ULC (Local Debtor); WYNIT Holdings, Inc. as guarantor$76M USDFirst Report of the Information Officer dated September 29, 2017
4Secured
4Secured
8Unsecured

3 more claims in 2 classes 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

5 transactions · 2 closed · 1 approved · 1 back-up bid · 1 not completed — Order authorizing sale of remaining inventory recognized by Canadian courtCourt Order dated December 5, 2017 re: Remaining Inventory and Vendor… · 5 Dec 2017

PurchaserPriceStatusSource
the LiquidatorStalking horseassets sold pursuant to the Agency and Sale Agreement · auctionSubscribersApprovedSupplement to the Second Report of Information…
GBH Wynit, LLCStalking horseany assets located in Canada sold by the Agent pursuant to the Sale Agreement (the "Canadian Assets") · asset sale · agreement 16 Oct 2017SubscribersClosed23 Oct 2017Fifth Report of the Information Officer dated…
Richdale Ventures, LLC and 3MG LLCthe Canadian Assets · asset saleSubscribersBack-up bid10 Nov 2017Court Order dated November 10, 2017
Sereno Ventures, LLCall of the Sellers' right, title and interest in and to the assets located in Canada and being sold pursuant to the Sale Agreement (the "Canadian Assets") · asset sale · agreement 9 Nov 2017SubscribersClosed13 Nov 2017outside 13 Nov 2017Fifth Report of the Information Officer dated…
GBH Wynit, LLCRemaining Inventory (excluding Remaining Inventory subject to the Settlement Agreements) · auctionSubscribersNot completedFifth Report of the Information Officer dated…
AdvisorsConway (sale agent); GBH Wynit, LLC (liquidator)Third Report of the Information Officer dated October 30, 2017
Closing termsvesting occurs upon Closing as defined in the Sale AgreementCourt Order dated November 10, 2017
Documents
54 filings
DateDocumentFile
Notice of Appearance dated January 18, 2018
  • Counsel Akin Gump Strauss Hauer & Feld LLP
PDF · Subscribers
Sixth Report of the Information Officer dated January 18, 2018
  • Operational summary The report notes that over the course of the Chapter 11 proceedings the Debtors liquidated substantially all of their assets (inventory and accounts receivable) and have now ceased business operations, with the case converting from Chapter 11 to Chapter 7 and a Chapter 7 trustee appointed to wind up remaining matters.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Court Order dated December 5, 2017 re: Lease Rejection
  • Presiding officer Justice Morawetz
PDF · Subscribers
Court Order dated December 5, 2017 re: Remaining Inventory and Vendor Settlements
  • Bid deadline 16 November 2017
  • Order date 5 December 2017
  • Sale advisor Conway MacKenzie Inc. (sale agent)
  • Sale outcome Sale approved — Order authorizing sale of remaining inventory recognized by Canadian court
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of Justice Morawetz dated December 5, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Fifth Report of the Information Officer dated December 1, 2017
  • Closing confirmed Closed · 23 Oct 2017 · GBH Wynit, LLC; Closed · 13 Nov 2017 · Sereno Ventures, LLC
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Second Supplemental Motion Record returnable December 5, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Motion Record returnable November 30, 2017 Volume 1 of 2PDF · Subscribers
Motion Record returnable November 30, 2017 Volume 2 of 2PDF · Subscribers
Service List as at November 30, 2017
  • Counsel McMillan LLP
PDF · Subscribers
Supplemental Motion Record returnable December 5, 2017PDF · Subscribers
Court Order dated November 10, 2017
  • Bid deadline 7 November 2017
  • Closing terms vesting occurs upon Closing as defined in the Sale Agreement
  • Order date 10 November 2017
  • Outside date 13 November 2017
  • + 4 more extracted facts
PDF · Subscribers
Endorsement of Justice Morawetz dated November 10, 2017
  • Presiding officer Justice Morawetz
PDF · Subscribers
Supplemental Affidavit of Mario Forte sworn November 10, 2017PDF · Subscribers
Fourth Report of Information Officer dated November 9, 2017
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record returnable November 10, 2017 - Part 1 of 2
  • Counsel Stinson Leonard Street LLP
PDF · Subscribers
Endorsement of Justice Morawetz dated November 1, 2017
  • Presiding officer Justice Morawetz
PDF · Subscribers
Final DIP Order dated November 1, 2017
  • Presiding officer Justice Morawetz
PDF · Subscribers
Third Amended and Restated Supplemental Order dated November 1, 2017PDF · Subscribers
Third Report of the Information Officer dated October 30, 2017
  • Closing confirmed Closed · 23 Oct 2017 · GBH Wynit, LLC
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Motion Record returnable November 1, 2017PDF · Subscribers
Motion Record returnable November 10, 2017 - Part 2 of 2
  • Counsel How: operator-correction · Firm: Hooligans Entertainment LLP · Firm party id: 969d7267-5108-41a2-83e1-0fb556e8a67d
PDF · Subscribers
Second Amended and Restated Supplemental Order dated October 24, 2017PDF · Subscribers
Affidavit of Jordan Barris sworn October 23, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Bid Procedures and Sale Order dated October 23, 2017
  • Bid deadline 16 October 2017
  • Order date 23 October 2017
  • Presiding officer Justice Morawetz
  • Break fee Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Court Order re Expansion of Proceedings dated October 23, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Endorsement of Justice Morawetz re: Bid Procedures and Sale Order dated October 23, 2017
  • Presiding officer Justice Morawetz
PDF · Subscribers
Endorsement of Justice Morawetz re: Expansion of Proceedings dated October 23, 2017
  • Presiding officer Justice Morawetz
PDF · Subscribers
Bid Procedures and Sale Order Recognition Motion returnable October 20, 2017 Part 1 of 3
  • Counsel Stinson Leonard Street LLP
PDF · Subscribers
Bid Procedures and Sale Order Recognition Motion returnable October 20, 2017 Part 2 of 3PDF · Subscribers
Bid Procedures and Sale Order Recognition Motion returnable October 20, 2017 Part 3 of 3PDF · Subscribers
Expansion of Proceedings Motion Record returnable October 20, 2017 Part 2 of 2
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Supplement to the Second Report of Information Officer dated October 19, 2017
  • Operational summary The Debtors conducted a sale Auction on October 17, 2017 with nine prospective bidders; no bid superior to the Stalking Horse Bid was submitted, so the Liquidator was declared the Successful Bidder. The Information Officer recommends the court grant the relief sought by the Foreign Representative, conditional on the US Court issuing the related orders.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Second Report of Information Officer dated October 17, 2017
  • Operational summary The Debtors ceased primary operations in the US and Canada in August 2017 and are liquidating substantially all assets via a stalking horse liquidation agreement with a Hilco/Gordon Brothers joint venture; limited activity remains at the Mississauga facility, with eight Canadian employees.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Expansion of Proceedings Motion Record returnable October 20, 2017 Part 1 of 2PDF · Subscribers
Endorsement of Justice Hainey dated October 2, 2017
  • Presiding officer Justice Hainey
PDF · Subscribers
First Amended and Restated Supplemental Order dated October 2, 2017PDF · Subscribers
Second Interim DIP Order dated October 2, 2017PDF · Subscribers
First Report of the Information Officer dated September 29, 2017
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record returnable October 2, 2017 Part 1 of 3PDF · Subscribers
Motion Record returnable October 2, 2017 Part 2 of 3PDF · Subscribers
Motion Record returnable October 2, 2017 Part 3 of 3PDF · Subscribers
Amended and Restated Application Record returnable September 21, 2017 - Part 1 of 4
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Amended and Restated Application Record returnable September 21, 2017 - Part 3 of 4PDF · Subscribers
Amended and Restated Application Record returnable September 21, 2017 - Part 4 of 4PDF · Subscribers
Endorsement of Justice Hainey dated September 21, 2017PDF · Subscribers
Initial Recognition Order dated September 21, 2017
  • Applicant WYNIT Distribution, LLC
  • Appointee KSV Kofman Inc.
  • Appointee role Information Officer
  • Commencement date 21 September 2017
  • + 6 more extracted facts
PDF · Subscribers
Supplemental Order dated September 21, 2017PDF · Subscribers
Amended Factum of the Applicant dated September 20, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Brief of Authorities dated September 20, 2017PDF · Subscribers
Amended and Restated Application Record returnable September 21, 2017 - Part 2 of 4PDF · Subscribers
Report of the Proposed Information Officer dated September 18, 2017PDF · Subscribers
Interim Stay Order dated September 8, 2017
  • Counsel Goldman Sloan Nash & Haber LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Notice of Application dated September 8, 2017
  • Applicant WYNIT Distribution, LLC
  • Commencement date 8 September 2017
  • Counsel Goldman Sloan Nash & Haber LLP
  • Court SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • + 3 more extracted facts
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., “WYNIT Distribution, LLC, WD Navarre Canada, ULC, WD Navarre Distribution, LLC, WD Encore Software, LLC, WD Navarre Holdings, LLC, WD Navarre Digital Services, LLC, WYNIT Holdings, Inc.” (Foreign recognition (CCAA)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/wynit-distribution-llc-wd-navarre-canada-ulc-wd-navarre-distribution-llc-wd-enco

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/wynit-distribution-llc-wd-navarre-canada-ulc-wd-navarre-distribution-llc-wd-enco

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.