Proceedings.

7161255 Canada Incorporated King Athletics

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
25-3337314
Filings held2
Last activity23 Feb 2026
On the record210 days
Secured debtSubscribers
OverviewSummary updated

7161255 Canada Incorporated, carrying on as King Athletics, entered bankruptcy under the Bankruptcy and Insolvency Act on February 23, 2026, with the date and time of bankruptcy recorded as 16:06 that day. The proceeding is on the record under court file number 25-3337314. A court officer's report filed on the same date establishes the timing of the bankruptcy. The matter remains active, and no further steps have been recorded to date.

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Case updates2 dated entries
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Court officer's report fixed the date and time of bankruptcy at February 23, 2026, 16:06, marking the start of the proceeding under file 25-3337314.

Source: Certificate of Appointment

Parties

Debtor

7161255 Canada Incorporated King Athletics

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredTD Bank · in 29 casesSecurity over assets listed as items 1101 (Inventory) and 1301 (Accounts receivable) per Form 78 asset schedule — Claim bifurcated secured/unsecured by security valuation - same creditor also holds an unsecured portion of $389,296.78 (total claim $509,296.78); debt given/incurred 12-Feb-2013 — debtor: 7161255 Canada Incorporated · as of 23 Feb 2026$120KCreditors Package

13 more claims across lower-ranking classes

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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
Creditors Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 23 February 2026
  • Court file no 25-3337314
  • + 6 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Commencement date 23 February 2026
  • Court file no 25-3337314
  • Proceeding type bia_bankruptcy
  • Statutory basis Bankruptcy and Insolvency Act
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., “7161255 Canada Incorporated King Athletics” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/7161255-canada-incorporated

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/7161255-canada-incorporated

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.