Jeno Neuman et Fils Inc.

Jeno Neuman et Fils Inc., a Montreal, Quebec based importer and distributor of women's clothing, filed an NOI on April 5, listing approximately $2.3 million in secured liabilities, including $1.6 million to A.Y.K. International Inc. ("AYK"), and $6.4 million in unsecured liabilities. EY is the proposal trustee. Counsel is Osler for the company, KRB for AYK and McMillan for EY as proposal trustee. By Dina Milivojevic

Victory Nickel Inc.

Victkel Incory Nic., a Toronto, Ontario-based mineral resources company primarily engaged in the acquisition, exploration, evaluation and development of nickel projects and associated products in Canada, filed an NOI on April 1. The company owns 100% of three advanced sulphide nickel projects: Lynn Lake (under option to Corazon Mining Ltd., an Australian public company (ASX: CZN)), Mel Manitoba, and the Lac Rocher project in Québec. It sold its Minago project located in northern Manitoba on February 9, 2021. The company filed its proposal on April 14. Under the proposal, most of Victory's assets will be liquidated for the benefit of its creditors, which are anticipated to receive a recovery of 100% (exclusive of interest) if the proposal is approved. Grant Thornton is the proposal trustee. Counsel is WeirFoulds for the company. By Dina Milivojevic

915245 AB Ltd. O/A Prairie Tech Oilfield Service

915245 AB Ltd. O/A Prairie Tech Oilfield Service, an Elk Point, Alberta-based oilfield transportation provider, filed an NOI on February 25. The company lists various liabilities, including various yet unvalued secured claims and dozens of unsecured claims, including approximately $1.26 million to the Cornerstone Co-operative. Deloitte is the proposal trustee. Counsel is DLA Piper for the company. By Dina Milivojevic

Cochran Landing Limited Partnership, Cochran Landing GP Inc. and CL Development Ltd. (collectively, the “Cochran Landing Group”)

Cochran Landing Limited Partnership, Cochran Landing GP Inc. and CL Development Ltd. (collectively, the “Cochran Landing Group”), a Halifax, Nova Scotia-based group of real estate development companies, filed an NOI on February 25, listing approximately $4.6 million in liabilities, the majority owed to German investors. BDO is the proposal trustee By Dina Milivojevic

2519920 Ontario Inc.

2519920 Ontario Inc., a Toronto, Ontario-based franchisor of a series of dry-cleaning retail stores under the names "Dove Cleaners" and "Flair Cleaners", filed an NOI on February 9, listing approximately $4.3 million in liabilities, including approximately $4.1 to TD Bank. Prior to the pandemic, the Dove Cleaners brand was successful, and the company was profitable. However, the pandemic had a catastrophic impact on the company’s business operations, with the volume of business significantly decreasing to a fraction of what it had been. This was likely due to the fact that many people were working from home and were wearing more casual clothing, and thus, their dry-cleaning needs were much less. Crowe Soberman is the proposal trustee. Counsel is Goldman Sloan Nash & Haber for the proposal trustee. By Dina Milivojevic

Ayanda Cannabis Corporation

Ayanda Cannabis Corporation, a licensed producer of cannabis products operating from a facility in Norwich, Ontario, filed an NOI on February 4, listing approximately $1.03 million in liabilities, of which $1.02 million is owed to Michael Sioen Farms Ltd. The company intends to seek the approval of the Court to complete a transaction for the sale of its business. Richter is the proposal trustee. Counsel is Miller Thomson for the company and TGF for the proposal trustee. By Dina Milivojevic

Vertex Downhole Ltd.

Vertex Downhole Ltd., a Calgary, Alberta-based integrated oil and gas service company, filed an NOI on February 4. The company primarily designs, develops, sells and rents drilling and other downhole tools for use in the oil and gas exploration industry. It has three wholly-owned US subsidiaries and employs 28 individuals in Canada and seven individuals in the US. The COVID-19 pandemic and the resulting global decline in oil and gas prices and exploration activities and disruptions in the supply chain resulted in increased liquidity risk to the company, challenged its ability to enter into customer contracts in a timely manner and negatively impacted the company’s business and operational results. On January 26, HSBC, the company’s largest secured creditor, issued a demand under section 244 of the BIA. As the company was unable to negotiate an agreement with HSBC prior to the expiry of the 10-day notice period, it determined that an NOI filing was necessary to restructure the business. On March 4, the company was granted permission to conduct a SISP. Grant Thornton was initially the proposal trustee, but was replaced by MNP to build consensus between the company and HSBC by giving effect to HSBC’s desire that MNP act as proposal trustee. Counsel is Burnet, Duckworth & Palmer for the company, Faskens for HSBC, Cassels for Grant Thornton, and Dentons for MNP. By Dina Milivojevic

Breakthrough Enterprises Inc.

Breakthrough Enterprises Inc. and certain related entities (collectively, “Breakthrough”) each filed an NOI on February 1. Breakthrough is a Toronto, Ontario-based television production company that produces and distributes television programming worldwide. At the outset of the COVID-19 pandemic in 2020, Breakthrough experienced interruptions in its audiovisual media productions. When shooting recommenced after the delay, Breakthrough incurred significant additional and duplicative costs that negatively impacted Breakthrough’s overall cash flow. Revenues were temporarily impacted as a result of the lack of new sales during the first year of the COVID-19 pandemic. Further, the cost and challenges of implementing and maintaining safety measures on ongoing productions had a negative impact on cash flow and the overall profitability of productions generally. As a result, Breakthrough was forced to lay off and terminate a number of its employees. It sought and was granted approval of a sale of certain development assets to a corporation controlled by Ira Levy, a minority shareholder of Breakthrough Enterprises Inc. The purchased assets consist of concepts that have not yet commenced production, and that Levy was responsible for as Executive Producer. Dodick is the proposal trustee. Counsel is Weisz Fell Kour for Breakthrough. By Dina Milivojevic

BC Craft Supply Co. Ltd.

BC Craft Supply Co. Ltd., a Vancouver, British Columbia-based cannabis company, filed an NOI on January 24, listing approximately $8.6 million in liabilities, including approximately $3.4 million to MMCAP International. For the nine months ended June 30, the company reported a loss of approximately $1.9 million and revenue of approximately $636,000, with approximately $84,000 of cash on hand. The purpose of the filing is to allow the company to restructure its debt. Crowe MacKay is the proposal trustee. Counsel is Whitelaw Twining Law Corporation for the company. By Dina Milivojevic

The Roman Catholic Episcopal Corporation of St. John’s (the “Episcopal Corporation”)

The Roman Catholic Episcopal Corporation of St. John's (the "Episcopal Corporation"), the legal entity of the Archdiocese of St. John’s, Newfoundland, filed an NOI on December 21, listing $2.94 million in liabilities. In July 2020, the Newfoundland and Labrador Court of Appeal found that the Episcopal Corporation was liable for sexual abuse committed by the Christian Brothers at Mount Cashel Orphanage in the 1950s. The case featured four victims who served as test cases for about 60 cases in total. The Supreme Court denied leave in January 2021. EY is the proposal trustee.