Proceedings.

2096059 Ontario Inc. Thai Sun

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Active
Proceeding
Bankruptcythe Bankruptcy and Insolvency Act
File
35-3302451
Filings held5
Last activity11 Dec 2025
On the record300 days
OverviewSummary updated

2096059 Ontario Inc., also operating as Thai Sun, filed an assignment in bankruptcy on November 25, 2025, the date its proceeding under the Bankruptcy and Insolvency Act commenced. The matter proceeds in Ontario under file number 35-3302451. A court officer report filed the same day records the assignment. The bankruptcy remains active, and no further steps have been entered on the record to date.

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Case updates5 dated entries
#Report

The officer filed a report. The Company, operating as Thai Sun restaurant, ceased operations on November 17, 2025 after its director stopped funding operating losses, and its lease was subsequently terminated by the landlord; the Trustee is not taking possession of the low-value restaurant equipment. Court file 35-3302451.

Source: Trustee's Preliminary Report

2 earlier updates, back to 25 November 2025 subscribers.

Parties

Debtor

2096059 Ontario Inc. Thai Sun

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Landlord preferredPrimus Property Management IncPreferred creditor - landlord claim (ranks ahead of ordinary unsecured) — debtor: 2096059 Ontario Inc. (o/a Thai Sun) · as of 25 Nov 2025$10KNotice to Creditors

19 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 11 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteeTrustee's Preliminary Report · 11 Dec 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived

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

Cash on hand

$100

As at 10 Dec 2025Trustee's Preliminary Report

Documents5 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 25 November 2025
  • Cash on hand Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Tear sheet
PDF · Subscribers
Affidavit of Mailing
PDF · Subscribers
Notice to Creditors
  • Commencement date 25 November 2025
  • Court file no 35-3302451
  • Province Ontario
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 25 November 2025
  • Court file no 35-3302451
  • + 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., “2096059 Ontario Inc. Thai Sun” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2096059-ontario-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/2096059-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.