1010217 Ontario Limited Rideau Bakery Limited
FollowActive
- Proceeding
- BankruptcyBIA
- File
- 33-2577670
Filings held5
Last activity26 Aug 2020
On the record2,518 days
Secured debt$30K
OverviewSummary updated
1010217 Ontario Limited, operating as Rideau Bakery, has been in bankruptcy under the Bankruptcy and Insolvency Act in Ontario since October 30, 2019, with MNP Ltd. acting as Licensed Insolvency Trustee under estate number 33-2577670. The debtor's sworn statement of affairs dated July 16, 2019 reported assets of $8,000.00 against liabilities of $1,553,927.99, of which $1,545,927.99 was unsecured. On the Trustee's estimated realization, assets stand at $5,000.00 against liabilities of $1,553,927.99, an apparent deficit of $1,548,927.99, with the cost of administration put at $30,000.00 and third-party guarantee and preferred claims noted separately. The only remaining secured creditors are the shareholders, a related party, whose secured claim is estimated at $5,000.00. The Trustee projects no realization for unsecured creditors, a dividend of 0.0%. The estate remains open.
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
#Claims
A claims process for the estate was approved, giving creditors a mechanism to advance claims; recorded as of the commencement date.
#Report
Court officer filed a report in the estate, recorded as of the 30 October 2019 commencement of the bankruptcy proceedings.
Source: Trustee Preliminary Report
Parties
Debtor
1010217 Ontario Limited Rideau Bakery Limited
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Louis KarishDebts Due - Business - Various Accounts receivable; security given 01-Jan-2019 — List B secured creditor. Same security type and grant date (01-Jan-2019) as the director's claim (apparent related party). Amount of claim $30,000.00; estimated value of security $0.00 - claim is effectively fully unsecured; unsecured shortfall (balance of claim) $30,000.00 is separately listed as unsecured in List A #29 - cross-reference to avoid double-counting. — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $30K | Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | David KardishDebts Due - Business - Various Accounts receivable; security given 01-Jan-2019 — List B secured creditor. Related party - David Kardish is the officer who swore the SOA. Amount of claim $30,000.00; estimated value of security $8,000.00 (the secured portion, per balance-sheet line 2); unsecured shortfall (balance of claim) $22,000.00 is separately listed as unsecured in List A #16 - cross-reference to avoid double-counting. — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $30K | Notice of Bankruptcy and First Meeting of Creditors |
| 7 | Preferred (BIA s. 136) | WSIB · in 51 casesWorkplace Safety and Insurance Board (Ontario); listed by the officer on List A as ordinary unsecured (List C preferred is nil) — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.35K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | 1048579 Ontario LTD.c/o Debbie Baylin — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1.16M | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Rudolph Sales 2000 Inc.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $76.6K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Starship Logisticsdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $39.8K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Olympic Wholesale · in 2 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $39.4K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Ottawa Vaad Hakashruthdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $35.7K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Louis KarishList A #29. This is the unsecured shortfall (Balance of claim $30,000.00) of the secured claim in List B (security valued at $0.00, so entire claim falls to unsecured); the unsecured-claim column is $0.00. Apparent related party. Cross-reference to the List B secured entry to avoid double-counting. — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $30K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | David KardishList A #16. This is the unsecured shortfall (Balance of claim $22,000.00) of the secured claim in List B; the unsecured-claim column is $0.00. Related party (officer). Cross-reference to the List B secured entry to avoid double-counting. — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $22K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Desjardins Insurance · in 2 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $21.2K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Introflex Inc.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $20.8K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Bouldraultdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $14.9K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Boilertek Inc.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $7.15K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Enbridge · in 71 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $5.41K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Matrec · in 17 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.72K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Mehadarindebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.65K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Altra Foods Inc.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.53K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | City of Ottawa (Water) · in 11 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.36K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Clabro Label 2016 Inc.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.35K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | UNFI Canada Grocerydebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $4.12K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | CP Vegetable Oildebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $3.63K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Bakemark · in 2 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $3.45K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Bell Canada · in 298 casesacct 6137891019 — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $3.44K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Aenos Food Services · in 2 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $3.14K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Nesbitt Engineering LTD.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $2.72K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Pan-Glo Canada Pan Coauting - Bundydebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $2.6K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | AMF Automation Technologies Companydebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $2.33K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | National Herring Imp.debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $2.13K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | EDDE Almond Pastedebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $2.02K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Shefa Meatsdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1.83K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | K.L. Bulmerdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1.78K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | EDI Gateway · in 6 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1.61K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Regitan · in 2 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1.54K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Grand & Toy · in 28 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $1K | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Citron Hygiene · in 4 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $995 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Foodfestdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $954 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Independent Linendebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $734 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | BAMdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $647 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | ERB Transport LTD. · in 3 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $613 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Nationwide Restaurant Equipmentdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $424 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Bell Canada F-88 - Business · in 64 casesAttn Insolvency Department; acct 507855669 — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $386 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Summersweet Foodsdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $357 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Rogers · in 63 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $167 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Canadian Linen · in 11 casesdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $165 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Orleans Fresh Fruitdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $159 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Hendry Warren LLPdebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $105 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Nine to Five Coffeedebtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $101 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Elavon Canada Co. · in 2 casesAttn Recovery/Collections Department — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $63 | Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Ventes Rudolph · in 2 casesListed with $0.00 claim — debtor: 1010217 Ontario Limited · as of 30 Oct 2019 | $0 | Notice of Bankruptcy and First Meeting of Creditors |
Estate financialsReported figures — never derived
Total assets at filing$8K
Total liabilities at filing$1.55M
As at 30 Oct 2019 · per Form 78 Statement of Affairs (Business Bankruptcy), sworn by David Kardish, as stated and estimated by the officer; marked Original · 1010217 Ontario Limited (single entity) — BIA bankruptcy; assignment filed 30 Oct 2019 (Ottawa, Ontario). Total liabilities $1,553,927.99 = Total unsecured creditors $1,545,927.99 (List A unsecured $1,493,927.99 + Balance of secured claims per List B $52,000.00) + Secured creditors per List B (secured portion) $8,000.00 + Preferred (List C) $0.00 + Contingent/trust (List D) $0.00. Total assets $8,000.00 (accounts receivable, List E, good); Deficiency $1,545,927.99; Surplus NIL. Note: the $52,000 balance-of-secured-claims already appears within List A (#16 David Kardish $22,000 and #29 Louis Karish $30,000), so the two List B secured c
Documents5 filings
| Date | Document | File |
|---|---|---|
Final Statement of Receipts and Disbursements Report
| ||
| Minutes of the First Meeting of Creditors | ||
| Certificate of Appointment | ||
Notice of Bankruptcy and First Meeting of Creditors
| ||
Trustee Preliminary Report
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1010217 Ontario Limited Rideau Bakery Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1010217-ontario-limited