Ontario · Receivership (court-appointed)
Motion Record of the Applicant dated May 22, 2026 Part 4
Application / notice of application · 22 May 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 filing10 verified
- secured creditorsnote: Total indebtedness secured by security per Notice of Intention to Enforce Security (BIA s.244); also stated in USD as USD $466,188.68 (companion figure, not summed) · page: 179 · as of: 2026-04-09 · amount: 6606071.77 · debtor: Roadx Express Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated July 28, 2023; Cash Collateral Agreement dated June 12, 2020
- secured creditorsnote: USD component of total indebtedness secured by security per Notice of Intention to Enforce Security; CAD component is CAD $6,606,071.77 (companion figure) · page: 179 · as of: 2026-04-09 · amount: 466188.68 · debtor: Roadx Express Ltd. · creditor: Royal Bank of Canada · currency: USD · security: General Security Agreement dated July 28, 2023; Cash Collateral Agreement dated June 12, 2020
- secured creditorsnote: USD component of total secured indebtedness; related party guarantor; CAD component is CAD $6,606,071.77 (companion figure) · page: 183 · as of: 2026-04-09 · amount: 466188.68 · debtor: 10656925 Canada Inc. · creditor: Royal Bank of Canada · currency: USD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: Related party (corporate guarantor of Roadx Express Ltd. debt) that also granted its own GSA; also bound by Guarantee and Postponement of Claim dated September 23, 2025 limited to $7,067,600.00; total also stated as USD $466,188.68 (companion figure) · page: 183 · as of: 2026-04-09 · amount: 6606071.77 · debtor: 10656925 Canada Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: USD component of total secured indebtedness; related party guarantor; CAD component is CAD $6,606,071.77 (companion figure) · page: 186 · as of: 2026-04-09 · amount: 466188.68 · debtor: Blue Ocean Freight Inc. · creditor: Royal Bank of Canada · currency: USD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: Related party (corporate guarantor of Roadx Express Ltd. debt) that also granted its own GSA; also bound by Guarantee and Postponement of Claim dated September 23, 2025 limited to $7,067,600.00; total also stated as USD $466,188.68 (companion figure) · page: 186 · as of: 2026-04-09 · amount: 6606071.77 · debtor: Blue Ocean Freight Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: Related party (corporate guarantor of Roadx Express Ltd. debt) that also granted its own GSA; also bound by Guarantee and Postponement of Claim dated September 23, 2025 limited to $7,067,600.00; total also stated as USD $466,188.68 (companion figure) · page: 189 · as of: 2026-04-09 · amount: 6606071.77 · debtor: DXB Logistics Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: USD component of total secured indebtedness; related party guarantor; CAD component is CAD $6,606,071.77 (companion figure) · page: 189 · as of: 2026-04-09 · amount: 466188.68 · debtor: DXB Logistics Inc. · creditor: Royal Bank of Canada · currency: USD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: Related party (corporate guarantor of Roadx Express Ltd. debt) that also granted its own GSA; also bound by Guarantee and Postponement of Claim dated September 23, 2025 limited to $7,067,600.00; total also stated as USD $466,188.68 (companion figure) · page: 192 · as of: 2026-04-09 · amount: 6606071.77 · debtor: GTR Express Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated July 28, 2023
- secured creditorsnote: USD component of total secured indebtedness; related party guarantor; CAD component is CAD $6,606,071.77 (companion figure) · page: 192 · as of: 2026-04-09 · amount: 466188.68 · debtor: GTR Express Inc. · creditor: Royal Bank of Canada · currency: USD · security: General Security Agreement dated July 28, 2023