Nova Scotia · Receivership (court-appointed)
Notice of Application in Chambers
Application / notice of application · 15 June 2026
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What we verified from this filing7 verified
- applicantBusiness Development Bank of Canada
- appointeeDeloitte Restructuring Inc.
- appointee roleReceiver and Receiver Manager
- courtSupreme Court of Nova Scotia
- statutory basissection 243 of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3, as amended and section 43(9) of the Judicature Act, RSNS 1989, c. 240
- secured creditorsnote: Loan originally approved October 16, 2024 in amount of $3,500,000.00 at 7.40% per annum, amended from time-to-time (facility/original advance amount, not outstanding balance); amount in default as of April 7, 2026 demand letter plus interest and professional fees; secured also by personal guarantee of Mark Shelley and corporate guarantee of Sun Kissed Energy Incorporated (related party guarantor) · page: 2 · as of: 2026-04-07 · amount: 2565282.75 · debtor: Kooshie Cushions of Canada Limited · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Mortgage and assignment of rents recorded January 10, 2025 against property at 339 Willow Street, Truro, NS (PID 20239059); general security agreement signed by Sun Kissed Energy Incorporated, registered under PPSA
- counselCertificate Joshua J. Sa BOYNECLARKE LLP