Proceedings.

1975406 Ontario Inc.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3298961
Filings held2
Last activity17 Nov 2025
On the record308 days
Secured debtSubscribers
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
Priority classCreditorAmountSource
SecuredCIBC 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
103 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

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 20 September 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.