Proceedings.

2159372 Ontario Limited – Bankruptcy

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Active
Proceeding
BankruptcySubsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
File
31-OR-208111-T
Filings held5
Last activity24 Aug 2015
On the record4,059 days
Secured debt$66.9K
OverviewSummary updated

2159372 Ontario Limited is bankrupt, with The Fuller Landau Group Inc. as trustee, in the Ontario Superior Court of Justice under court file no. 31-457980, commenced 2015-08-11. As at that date, the company reported a deficiency of $159,664.00, on assets of $2,592,000.00 against liabilities of $2,751,664.00. The Business Development Bank of Canada holds a claim of $2,658,945.00 secured on the building and land at 106-108 Tycos Drive, Toronto, valued at $2,592,000.00, leaving an unsecured balance of $66,945.00. The Canada Revenue Agency has a $92,712.00 deemed trust claim. The proceeding is active.

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Case updates4 dated entries · 1 undated
Undated filings1 — no date appears on the document · show
Claims

Proof of Claim Claims process approved

PDF

Parties

Debtor

2159372 Ontario Limited – Bankruptcy

Trustee in bankruptcy

Fuller Landau

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesReal Property or Immovable - Building and Land - Toronto - 106-108 Tycos Drive, given 19-Sep-2014; estimated value of security $0.00 — Amount of claim and balance of claim both $92,712.00 per List B; deemed trust/CRA secured claim — debtor: 2159372 Ontario Limited · as of 11 Aug 2015$92.7KStatement of Affairs
4SecuredBusiness Development Bank of Canada · in 241 casesReal Property or Immovable - Building and Land - Toronto - 106-108 Tycos Drive; amount of claim $2,658,945.00 given 29-Oct-2013; estimated value of security $2,592,000.00 — Balance of claim per List B; amount of claim was $2,658,945.00, balance after security value applied is $66,945.00 — debtor: 2159372 Ontario Limited · as of 11 Aug 2015$66.9KStatement of Affairs
8UnsecuredCanada Revenue Agency · in 926 casesSame creditor also listed as secured on List B (deemed trust class); unsecured claim shown as $0.00 with balance of claim $92,712.00 (bifurcated secured/unsecured by security valuation) — debtor: 2159372 Ontario Limited · as of 11 Aug 2015$92.7KStatement of Affairs
8UnsecuredBusiness Development Bank of Canada · in 241 casesSame creditor also listed as secured on List B; unsecured claim shown as $0.00 with balance of claim $66,945.00 (bifurcated secured/unsecured by security valuation) — debtor: 2159372 Ontario Limited · as of 11 Aug 2015$66.9KStatement of Affairs
8UnsecuredAdriana Valentina Dimacopoulosdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredCity of Toronto · in 37 casesdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredFord Credit Canada Leasing · in 23 casesdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredAhmed Laeeqdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredAnastasios and Zabeta Dimacopoulosdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredArgirios Dimacopoulosdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
8UnsecuredBMW Group Financial Services Canada · in 4 casesdebtor: 2159372 Ontario Limited · as of 11 Aug 2015$1Statement of Affairs
Estate financialsReported figures — never derived
Total assets at filing$2.59M
Total liabilities at filing$2.75M

As at 11 Aug 2015 · per Statement of Affairs as stated and estimated by the officer · 2159372 Ontario Limited (entity) — Deficiency of $159,664.00; preferred creditors List C total $0.00; contingent/other liabilities List D total $0.00

Documents5 filings
DateDocumentFile
Certificate of Appointment (Amended)
  • Appointee role Trustee
PDF
Notice to CreditorsPDF
Statement of Affairs
  • Commencement date 11 August 2015
  • Court file no 31-457980
  • Financial position Assets $2.59M · Liabilities $2.75M · as at 11 Aug 2015 · per Statement of Affairs as stated and estimated by the officer · 2159372 Ontario Limited (entity) — Deficiency of $159,664.00; preferred creditors List C total $0.00; contingent/other liabilities List D total $0.00
  • Province Ontario
  • + 3 more extracted facts
PDF
Bankruptcy Order
  • Applicant Business Development Bank of Canada
  • Appointee The Fuller Landau Group Inc.
  • Appointee role trustee
  • Commencement date 11 August 2015
  • + 4 more extracted facts
PDF
Proof of ClaimPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “2159372 Ontario Limited – Bankruptcy” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2159372-ontario-limited-bankruptcy

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/2159372-ontario-limited-bankruptcy

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.