Proceedings.

2104678 Ontario Inc. (aka Yorkdale Hardwood Flooring Centre)

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Proceeding
BankruptcySubsection 102(1) of the Act
File
31-2740396
Filings held3
Last activity27 May 2021
On the record1,988 days
Secured debtSubscribers
OverviewSummary updated

2104678 Ontario Inc., operating as Yorkdale Hardwood Flooring Centre, became bankrupt under the BIA on May 27, 2021 at 09:22, with A. Farber & Partners Inc. acting as licensed trustee under estate number 31-2740396. The Ontario estate remains active. Melvin Reid, an individual holding security over all of the company's property, has filed a secured claim of $173,895.07 against the $187,381.11 reported in the Statement of Affairs; a legal opinion on the validity of that security is pending, and a shortfall to the secured creditor is anticipated. Reid provided a subordination agreement allowing the trustee to retain funds for basic administration. Unsecured claims filed total $171,220.17, against $344,458.54 reported in the Statement of Affairs. Preferred claims are nil.

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Case updates3 dated entries
Parties

Debtor

2104678 Ontario Inc. (aka Yorkdale Hardwood Flooring Centre)

Trustee in bankruptcy

A. Farber & Partners

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMelvin Reidas of Filed with Trustee — Security over all Company property (Property encumbered in favour of secured creditor); subordination agreement provided to allow Trustee to retain funds for basic administration — Statement of Affairs reported $187,381.11; filed claim amount used as amount. Legal opinion on validity of security pending; anticipated shortfall to secured creditor expected. Individual named as secured creditor (relationship to debtor not stated). — debtor: 2104678 Ontario Inc. (aka Yorkdale Hardwood Flooring Centre)$174KTrustee’s Preliminary Report to Creditors
7Preferred (BIA s. 136)

1 more claim in 1 class The stack holds Secured and Preferred (BIA s. 136) claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Preferred creditors: no distribution. Melvin Reid short.EstimatedTrustee’s Preliminary Report to Creditors · 10 Jun 2021

ClassCreditorClaimsRecoveryBasisSource
SecuredMelvin Reid—shortfallconditionalEstimatedper the trusteeTrustee’s Preliminary Report to Creditors · 10 Jun 2021
Preferredpreferred or unsecured creditors—no distributionEstimatedper the trusteeTrustee’s Preliminary Report to Creditors · 10 Jun 2021

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
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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Documents3 filings
DateDocumentFile
Certificate of Appointment
  • Commencement date 27 May 2021
  • Court file no 31-2740396
PDF · Subscribers
Creditors Package
  • Appointee A. Farber & Partners Inc.
  • Appointee role Trustee
  • Commencement date 27 May 2021
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Trustee’s Preliminary Report to Creditors
  • Appointee A. Farber & Partners Inc.
  • Appointee role Licensed Trustee
  • Commencement date 27 May 2021
  • Financial position Subscribers
  • + 5 more extracted facts
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., “2104678 Ontario Inc. (aka Yorkdale Hardwood Flooring Centre)” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/2104678-ontario-inc-aka-yorkdale-hardwood-flooring-centre

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2104678-ontario-inc-aka-yorkdale-hardwood-flooring-centre

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.