Coast Appliances

CCAA

^{Page last updated: October 22, 2026}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of October 22, 2026

On October 22, 2026, the Supreme Court of British Columbia granted an order approving, among other things: 

1) An interim distribution by the Monitor from the Debtors’ funds in accordance with the distribution allocation described in the Monitor’s Third Report; and 

2) The termination of certain CCAA charges, including the Interim Lender’s Charge, the KERP Charge, and the Liquidation Agent Charge. 

All related Court Orders and Materials can be found under the Court Materials and Court Orders tabs, respectively.

Status of file as of October 20, 2026

On October 20, 2026, the Monitor filed its Third Report to the Court (“Third Report”). The purpose of the Third Report is to, among other things: 

1) Seek an order approving the Claims Process for Secured BC Customers; 

2) Seek an order approving an Interim Distribution of funds to creditors, subject to sufficient holdbacks for the costs of administering the Claims Process; 

3) Seek an order terminating the Liquidation Agent Charge, the Interim Lenders Charge, and the KERP Charge; 

4) Seek an order (the "Security Deposit Order") directing landlords holding Landlord Security Deposits to return such deposits to the Monitor in full, and confirming that such deposits are property of the Debtors; and 

5) Seek approval of the activities, fees and disbursements of the Monitor and its counsel, McCarthy Tétrault LLP. 

The Third Report will be considered by the Court at hearings scheduled for October 22, 2026 and November 17, 2026. 

All related Court Materials and Monitor's Report can be found under the Court Materials and Monitor's Reports tabs, respectively.

Status of file as of August 7, 2026

On August 7, 2026, the Supreme Court of British Columbia granted an order approving, among other things:

1) An extension of the Stay Period to January 22, 2027; and

2) The a sale transaction for certain intangible and strategic assets of the Debtors.

All related Court Orders and Materials can be found under the Court Materials and Court Orders tabs, respectively.

Status of file as of August 5, 2026

On August 5, 2026, the Monitor filed its Second Report to the Court (“Second Report”). The purpose of the Second Report is to, among other things:

1) Seek an order approving an extension of the Stay Period to December 31, 2026; and

2) Seek an order approving the a sale transaction for certain intangible and strategic assets of the Debtors.

All related Court Orders and Materials can be found under the Court Materials and Court Orders tabs, respectively.

Important Notice

All customer products must be collected no later than June 28, 2026. Items not picked up by this date will be deemed abandoned and forfeited.

Status of file as of April 27, 2026

On April 27, 2026, the Syndicate sought and Court granted two orders:

1) An Amended and Restated Initial from the Supreme Court of British Columbia (the “Court”). The Amended and Restated Initial Order, amends and restates the Initial Order made by the Court on April 17, 2026. Pursuant to the Amended and Restated Initial Order and among other things, the Stay Period is extended to August 14, 2026.

2) A Liquidation Sale Approval Order from the Court. Pursuant to the Liquidation Sale Approval Order and among other things, the agency agreement between Coast Wholesale Appliances Inc., Coast Holdings (GP) Ltd., Coast Limited Partnership, and Coast Holdings Limited Partnership (the “Debtors”) and Hilco Canada Holdings, ULC (“Hilco”) dated April 27, 2026 is authorized and approved. The execution of the agreement by the Monitor is also authorized, approved, and ratified.

All related Court Orders and Materials can be found under the Court Materials and Court Orders tabs, respectively.

IMPORTANT NOTICE - CUSTOMER INFORMATION UPDATE

If you have placed a deposit or made a purchase with Coast Appliances, or have general inquiries regarding the CCAA proceedings, please refer to the FAQ section above for important information, including the treatment of deposits and purchases and your available next steps.

Status of file as of April 17, 2026

On April 17, 2026, the Company's lenders sought and obtained an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (“CCAA”) from the Supreme Court of British Columbia. Pursuant to the Initial Order, PricewaterhouseCoopers Inc., LIT was appointed Monitor (the “Monitor”) of Coast Wholesale Appliances Inc. and Coast Holdings (GP) Ltd. (the “Debtor Companies”).