Manitoba · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 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: Document states 'approximately $1.8 million' (the NBC Indebtedness) per the Cameron Affidavit as at May 9, 2025, plus legal fees, costs and expenses, with interest continuing to accrue; approximate figure. NBC is described as the principal secured lender and owner/lessor of the trailers leased to the Companies. A settlement agreement (July 2026) pays NBC settlement funds (amount in sealed Confidential Supplement) that NBC accepts despite not fully recovering the indebtedness; on distribution NBC is to discharge all its security registrations. Related registrations by CWB National Leasing Inc. are referenced in the settlement correspondence. · page: 7 · as of: 2025-05-09 · amount: 1800000 · debtor: 10047277 Manitoba Ltd. (Longview Logistics Ltd. as guarantor) · creditor: National Bank of Canada · currency: CAD · security: Various first-ranking security positions (PPSA Manitoba registrations) over the 21 Vanguard Trailers; Receiver's independent counsel opined on Oct 28, 2026 that the NBC Security is valid and enforceable and identified no other registrations against the trailers.
- unsecured creditorsnote: Receivership cost, not a pre-filing creditor claim; the charge ranks ahead of all security interests but behind the Receiver's Charge. Interest accrues in addition. Facility limit is $250,000 (a limit, not a balance). · page: 12 · as of: 2026-10-29 · basis: Receiver borrowed $25,000 from the Borrowing Facility; not repaid as at the date of the First Report · amount: 25000 · creditor: Receiver's borrowings under Court-authorized Borrowing Facility (Receiver's Borrowings Charge) · currency: CAD