Proceedings.

1975406 Ontario Inc.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3298961
Filings held2
Last activity19 Nov 2025
On the record354 days
OverviewSummary updated

1975406 Ontario Inc., formerly Easy & The Fifth Inc., is in bankruptcy under the BIA with a date of bankruptcy of 14 November 2025. Its Statement of Affairs (Form 78) lists total assets of $1.00 against total liabilities of $510,974.60, a stated deficiency of $510,973.60. The single secured claim, held by CIBC Bankruptcies c/o TECHCOM Managed Services and given on 22 September 2014, is shown at $1.00 and secured on trade fixtures. The unsecured claims fall into two groups: trade accounts payable, led by LEAVOY ROWE BEEF CO. at $30,435.98, CANADA PRODUCE WHOLESALERS INC. at $27,610.21 and THE SMALL WINEMAKERS COLLECTION INC. at $15,093.12; and unreturned event deposits, the largest being Deloitte / Jennifer Kouroupis at $48,750.00, Sun Life Assurance Company of Canada at $25,000.00 and Temple Partnership at $20,750.00. The estate remains active.

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Case updates2 dated entries
Parties

Debtor

1975406 Ontario Inc.

Trustee in bankruptcy

Bricks Damiani

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredCIBC Bankruptcies c/o TECHCOM Managed Services · in 12 casesAsset securing liability: item 1101 (trade fixtures) — Date given/incurred stated as 22-Sep-2014; total claim shown as $1.00 secured on Statement of Affairs — debtor: 1975406 Ontario Inc. · as of 14 Nov 2025$1Notice of Bankruptcy – Dated November 19, 2025
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

103 more claims in 1 class The stack holds Secured and Unsecured claims.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings
DateDocumentFile
Notice of Bankruptcy – Dated November 19, 2025
  • Appointee BRICKS DAMIANI INC.
  • Appointee role trustee
  • Commencement date 17 November 2025
  • Court file no 31-3298961
  • + 5 more extracted facts
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Certificate of Appointment – Dated November 17, 2025
  • Appointee Bricks Damiani Inc.
  • Appointee role trustee
  • Commencement date 17 November 2025
  • Court file no 31-3298961
  • + 1 more extracted fact
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1975406 Ontario Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/1975406-ontario-inc

Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/1975406-ontario-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.