1400533 Ontario Inc Vive Fitness

1400533 Ontario Inc., operating as Vive Fitness, is subject to active insolvency proceedings in Ontario with MNP Ltd. acting as receiver, appointed pursuant to a General Security Agreement held by the Toronto Dominion Bank. In its notice and statement under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act, the Receiver described the property subject to its appointment as cash on hand of $25,250. TD Bank's secured claim is estimated at $365,000. Merchant Opportunities Fund Limited Partnership is listed both as a creditor holding security on that property and on the attached creditor list as an unsecured claimant, in each case in an amount stated as unknown. The Canada Revenue Agency is listed as an unsecured creditor, also in an unknown amount.