Ontario · NOI
Motion Record of the Applicants dated July 20, 2026 (Volume 1)
Application / notice of application · 20 July 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 filing8 verified
- proceeding typebia_noi
- statutory basisBANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED
- secured creditorsnote: Operating lender under revolving asset-based lending facility (Wells Facility); senior secured creditor · page: 37 · as of: Filing Date · amount: 900000 · debtor: Good Natured Products Inc. and related Debtors · creditor: Wells Fargo Capital Finance Corporation Canada · currency: CAD · security: General Security Agreement dated November 15, 2024 over substantially all present and after-acquired personal property, subject to Intercreditor Agreement
- secured creditorsnote: Ranks behind HUK 147 per Intercreditor Agreement; expected to receive little or no recovery · page: 37 · as of: Filing Date · amount: 3600000 · debtor: Debtors · creditor: Export Development Canada (EDC) · currency: CAD · security: Secured Credit Facility (Amended and Restated Loan Agreement dated November 15, 2024)
- secured creditorsnote: Related party: shareholder financing; ranks behind senior secured indebtedness (Wells Fargo, TD, RBC) per Intercreditor Agreement; expected significant shortfall on recovery · page: 37 · as of: Filing Date · amount: 8100000 · debtor: Debtors · creditor: HUK 147 Limited · currency: CAD · security: Secured shareholder debt (HUK Loan Agreement dated November 15, 2024, HUK General Security Agreement)
- unsecured creditorsnote: Document names no individual unsecured creditors; figure is approximate ('approximately $7.9 million') · page: 37 · as of: Filing Date · basis: First Report of the Proposal Trustee - stated as approximately $7.9 million in unsecured trade indebtedness · amount: 7900000 · debtor: Debtors · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- secured creditorsnote: Notice of intention to enforce security under s.244(1) BIA issued June 5, 2026; subject to October 25, 2024 Forbearance Agreement · page: 38 · as of: Filing Date · amount: 12479723 · debtor: Good Natured Real Estate Holdings (Ontario) Inc. (Ontario RE), with Brampton LP, Brampton GP and Good Natured Products Inc. as guarantors · creditor: The Toronto-Dominion Bank (TD) · currency: CAD · security: First-ranking mortgage over Brampton Facility, general security agreements, guarantees, assignments of leases and rents
- secured creditorsnote: Notice of intention to enforce security under s.244(1) BIA issued June 5, 2026; subject to October 28, 2024 Forbearance Agreement · page: 39 · as of: Filing Date · amount: 6162212 · debtor: Debtors (Ayr Facility owner/operator) · creditor: Royal Bank of Canada (RBC), as successor by amalgamation to HSBC Bank Canada · currency: CAD · security: First-ranking mortgage over Ayr Facility, general assignment of rents, general security agreement, guarantees