Ontario · CCAA
Factum of Pacer Air Freight Ltd. – Motion for Distribution and Discharge Order – dated October 23, 2026
Application / notice of application · 23 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: Amount is as claimed by Pacer (Pacer's own figure, disputed by Synaptive): $1,067,570.04 for May 2024 to early March 2025 (pre-CCAA) plus approx. $949,200 for April 2025 to July 2026 warehousing (monthly rates $32,500 pallets and $20,000 Halifax MRI plus tax). Pacer and Synaptive agreed an all-inclusive $900,000 settlement figure in April 2026 subject to payment timing and release of goods, but no resolution was reached. Pacer also pleads further warehousing charges incurred after the receivership certificate. Pacer's lien rights were preserved by the carveout at para. 21 of the Second ARVO (para. 13 of the First ARVO). Pacer noted the Halifax MRI may belong to Nova Scotia Health (unconfirmed). · page: 7 · as of: 2026-07 · amount: 2016770.04 · debtor: Synaptive Medical Inc. · creditor: Pacer Air Freight Ltd. · currency: CAD · security: Warehouseman's lien and right of retention under Clause 3 of the Warehousing Agreement; possessory storer's lien under the Repair and Storage Liens Act (s. 4), with priority over other interests in the article (s. 6); over 70 pallets and the Halifax MRI
- counselLang LLP