British Columbia · Receivership (court-appointed)
Form 87 – Notice and Statement of the Receiver – Cymax Stores USA, LLC, Cymax Services USA, LLC, and Cymax Stores, Inc.
Notice of receiver (s. 245 / Form 87) · 29 October 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing2 verified
- secured creditorsnote: Stated in Form 87 as $9,491,113 and in Appendix A as 'Estimated Balance Owing' of $9,491,113.01, being the sole creditor holding security on the Assets. The receivership order separately records the Petitioner BDC Capital Inc. and Frind Properties Ltd. as the secured creditors with registrations in the BC Personal Property Registry; no amount is stated for either of them. · page: 3 · as of: 26th day of October 2026 (date Receiver took possession; Form 87 dated 2026-10-29) · amount: 9491113.01 · debtor: Cymax Stores USA, LLC; Cymax Services USA, LLC; Cymax Stores, Inc. · creditor: Business Development Bank of Canada · currency: CAD
- unsecured creditorsnote: Appendix A itemises roughly 250 trade and other unsecured creditors (e.g. Federal Express (ACC#3556-5614-4) $586,515.16; ACG Green Group Inc. $251,014.67; BESTAR $217,659.86; Parker House Manufacturing Co. Inc. $204,398.38; Stores.com $201,966.18; Metropolitan Warehouse $179,916.66). Total creditors stated as $14,491,021.18. Amounts are the Receiver's estimates; no proofs of claim are indicated. · page: 6 · as of: 26th day of October 2026 (date Receiver took possession; Form 87 dated 2026-10-29) · basis: Receiver's Appendix A to Form 87: 'Total unsecured creditors' (estimated balances owing) · amount: 4999908.17 · debtor: Cymax Stores USA, LLC; Cymax Services USA, LLC; Cymax Stores, Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD