On January 24, 2025 (the “Filing Date”), seven members of the JBT Group filed with the Official Receiver individually Notices of Intention to Make Proposals (“NOI”) to their creditors pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (“BIA”) and each named Dodick Landau Inc. as Proposal Trustee (the “Proposal Trustee”).
A motion was brought by the JBT Group on February 10, 2025 to request the Court to convert the proceedings to a CCAA, provide a stay extension, as well as other relief. The Court granted an extended initial stay of proceedings to February 28, 2025, a critical vendors charge and other limited relief. A concurrent receivership application made by TD bank was adjourned to the come back hearing on February 27, 2025 at 11:00a.m. on Zoom.
On February 28, 2025 the Court ordered a short extension of the CCAA stay of proceedings to March 6, 2025 to allow the Court time to render its decision on the relief sought by the Applicants in their February 27, 2025 motion.
Documents
Drumbo Transport Limited – Certificate for the Notice of Intention – 35-3178683 – January 24, 2025
Waydom Management Inc. – Certificate for the Notice of Intention – 35-3178803 – January 24, 2025
JBT Transport Inc. – Certificate for the Notice of Intention – 35-3178767 – January 24, 2025
Heritage Truck Lines Inc. – Certificate for the Notice of Intention – 35-3178758 – January 24, 2025
Melair Management Inc. – Certificate for the Notice of Intention – 35-3178904 – January 24, 2025
Notice of Motion – Applicants – January 29, 2025
NOI Creditor Package – JBT Transport Inc. – January 28, 2025
NOI Creditor Package – Heritage Truck Lines Inc._- January 28, 2025
NOI Creditors Package – Melair Management Inc. – January 28, 2025
NOI Creditor Package – Heritage Northern Logistics Inc._- January 28, 2025
NOI Creditor Package – Waydom Management Inc. – January 28, 2025
NOI Creditor Package – Heritage Warehousing & Distribution Inc._January 28, 2025
NOI Creditor Package – Drumbo Transport Inc._- January 28, 2025
Application Record – February 6, 2025
Factum of the Applicants – February 8, 2025
Reply Application Record – February 8, 2025
Pre-filing Report of Proposed Monitor – February 8, 2025
Initial Order of the Court – February 10, 2025
Court Endorsement – February 10, 2025
Motion Record of the Applicants dated February 24 2025 – Returnable February 27, 2025