Manitoba · Receivership (court-appointed)
First Report of Receiver Sept 18 2025
Court officer report · 17 September 2025
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What we verified from this filing13 verified
- report noFirst Report
- operational summaryThe Receiver secured and preserved the assets of the Companies and Dexron, managed employee wage claims through WEPP, pursued collection of accounts receivable, reviewed Tri-Party Prebate Agreements, addressed CRA and provincial tax accounts, engaged IT specialists to recover records, managed and maintained Dexron's three commercial properties (including repairs and environmental assessments), conducted an auction of EB Companies' inventory, marketed the Dexron properties for sale through a realtor RFP process, and pursued eviction of tenant 268 (Legacy Auto Body Supplies) for lease breach and unpaid rent arrears.
- secured creditorsnote: Provincial trust/priority tax claim (Retail Sales Tax); per-entity breakdown: 599 $8,556; OLC $271,172; other EB Companies $0. Health and Post Secondary Education Tax Levy (HEL) determined by Receiver to be nil. · page: 16 · amount: 279728 · debtor: EB Companies (aggregate) · creditor: Manitoba Finance, Tax and Administration - Retail Sales Tax (RST) · currency: CAD
- secured creditorsnote: Deemed trust class claim per Receiver's review of CRA accounts. Per-entity breakdown: 599 $714,356; CCC $133,403; CWS $45,218; GRI $180,672; OLC $275,946; SVL $18,133; Dexron $32,080; Everbret/TGH $0. CRA had not yet filed any claim with the Receiver as of the report. · page: 16 · amount: 1399808 · debtor: EB Companies and Dexron Limited (aggregate) · creditor: Canada Revenue Agency - GST · currency: CAD
- secured creditorsnote: Deemed trust class claim (payroll source deductions); attributable entirely to 599 per breakdown table. CRA had not yet filed any claim with the Receiver as of the report. · page: 16 · amount: 136524 · debtor: 5993092 Manitoba Ltd. (599) · creditor: Canada Revenue Agency - Payroll (source deductions) · currency: CAD
- secured creditorsnote: Approximate figure as reported by the Receiver ('Approximately $59,348'); document does not explicitly classify priority/lien status. · page: 18 · as of: 2025-09-17 · amount: 59348 · debtor: Dexron Limited · creditor: City of Winnipeg (property taxes) · currency: CAD · security: Municipal property tax arrears typically constitute a statutory lien on the taxed real property under Manitoba law
- cash on handamount: 26509 · currency: CAD
- professional feesamount: 329405 · currency: CAD
- report date17 September 2025
- secured creditorsnote: Amounts not stated in PPR registration results; registrations are individual PMSI filings against specific debtor entities. · page: 67 · as of: MB PPR search dated February 11, 2025 (March 18, 2025 for Canada Car; March 26, 2025 for T.E.D. Group Holdings) · debtor: Rondex, Canada Car Color Inc., Oasis Leisure Centre Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized equipment/motor vehicle PMSI registrations aggregated: Foss National Leasing Ltd. (motor vehicles, multiple registrations 2021-2023), Heffner Auto Sales and Leasing Inc. (equipment located at Carstars), Tricor Lease & Finance Corp. (motor vehicle), Meridian Onecap Credit Corp (phone system), Royal Bank of Canada (motor vehicle), CWB National Leasing (computer equipment)
- secured creditorsnote: Stated total indebtedness of $6,170,583.04 as pleaded; accompanying breakdown table gives a differing sub-total of $5,961,896.95 CAD plus $208,686.09 USD (Operating Credit Line $5,695,349.88 CAD; TED Group Corporate Card $114,648.13 CAD; Oasis CAD Card $151,898.94 CAD; Oasis USD Card $208,686.09 USD) - the two totals appear to mix currencies without conversion. · page: 77 · as of: 2025-03-14 · amount: 6170583.04 · debtor: Debtors (collectively) pursuant to BNS Loan Documents, BNS Guarantee and/or T.E.D. Group Holdings Ltd. Guarantee · creditor: The Bank of Nova Scotia (BNS) · currency: CAD · security: BNS Loan Documents and BNS Security; registered 'All PAPP' security interests in the Manitoba PPR (2021-10-21) against Rondex, Canada Car, Can-West, Global and Oasis, and corresponding registrations in the BC, AB and ON PPRs
- secured creditorsnote: Comprised of Rondex Loan ($676,884.38), Oasis Loan ($682,769.38) and Dexron Loan ($3,076,679.32), each including accrued interest. Also secured by Personal Guarantees (related-party/director guarantors, guarantee caps not balances): Everett Greenwood $1,103,000; Bret Greenwood $1,103,000; Darrin Jorowski $735,000, each dated October 1, 2021. · page: 79 · as of: 2025-03-14 · amount: 4436333.08 · debtor: Rondex, Oasis Leisure Centre Inc. and Dexron Limited (Roynat Borrowers), plus guarantors · creditor: Roynat Inc. · currency: CAD · security: Limited Debentures dated October 1, 2021 from Rondex, Oasis, SVL and Dexron each in the principal (registration ceiling, not a balance) amount of $25,000,000; General Assignment of Rents and Leases (Dexron Lands); unlimited Guarantee and Indemnity from SVL and Dexron; unlimited Guarantees and Indemnities from Roynat Corporate Guarantors (Canada Car, Can-West, Global, Everbret, T.E.D. Group Holdings), each secured by General Security Agreements dated October 1, 2021; registered 'All PAPP' security interests in the Manitoba PPR (2021-09-22) and corresponding registrations in BC/AB/ON PPRs
- receipts cumulativeamount: 93730 · currency: CAD