8635919 Canada Inc (formerly operating as iTravel2000)
- Proceeding
- Proposalsection 62 of the Bankruptcy and Insolvency Act
- File
- 32–2154391
- Industry
- Hospitality & leisure · Travel & tourism
8635919 Canada Inc., formerly operating as iTravel2000, filed a notice of intention to make a proposal on 10 August 2016 and a Division I proposal to its creditors on 9 September 2016 under the Bankruptcy and Insolvency Act, with Richter Advisory Group Inc. as proposal trustee. The proceeding is before the Ontario Superior Court of Justice under court file 32-2154391 and remains active. The statement of affairs reported total claims of $21,605,244, comprising secured claims of $11,008,200 and unsecured claims of $10,597,044, against estimated realizable assets of $2,276,000. The principal secured creditor is a related party, Aldenham Canada Acquisition Corporation, at $10,829,998, and Elleway Properties Limited holds a related-party unsecured claim of $10,372,353.
Endossement (Approbation de la proposition) (version anglaise seulement) – daté 31 octobre 2016 — Endorsement / reasons
Motion Record for Approval of Proposal (Returnable October 31, 2016) – dated October 24, 2016 — Application / notice of application
On 9 September 2016, the company filed its Division I proposal to creditors.
Source: Certificate of Filing of a Proposal – dated September 9, 2016
Notice to Creditors of Intention to Make a Proposal – dated August 17, 2016 — Notice to creditors
On 10 August 2016, 8635919 Canada Inc. filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act.
Source: Certificate of filing of a Notice of intention to make a proposal – dated August 10, 2016
Debtor
8635919 Canada Inc (formerly operating as iTravel2000)
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Newbould | Ontario Superior Court of Justice | 1 order, Oct 2016 | 111 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeRichter | Stikeman Elliott LLP | 31 Oct 2016 | Endorsement · 31 Oct 2016 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Aldenham Canada Acquisition Corporationas of NOI Filing Date — Related party (Elleway Acquisitions affiliate) and primary secured creditor; security opinion confirmed valid and enforceable by Stikeman Elliott LLP; agreed to subordinate/postpone Secured Claim to allow Proposal Payments; also stated elsewhere as 'approximately $11 million as at the NOI Filing Date' (approximation) and 'in excess of $20 million' when combined with Elleway — debtor: 8635919 Canada Inc. (formerly operating as iTravel2000) | $10.8M | Notice of Proposal to Creditors – dated September 20, 2016 |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
9 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: a distribution. Elleway Properties Limited no distribution · Elleway no distribution.Under the plan · sanctionedMotion Record for Approval of Proposal (Returnable October 31, 2016) · 24 Oct 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the plansanctionedper the proposal trustee | Motion Record for Approval of Proposal (Returnable October 31, 2016) · 24 Oct 2016 |
| Unsecured | Unsecured Claims (Proven Affected Creditors) | — | Under the plansanctionedper the proposal trustee | Motion Record for Approval of Proposal (Returnable October 31, 2016) · 24 Oct 2016 | |
| Unsecured | Elleway Properties Limited | — | no distributionconditional | Under the plansanctionedper the proposal trustee | Report of the Proposal Trustee on the Financial Situation of the Debtor… · 20 Sep 2016 |
| class not placed | Mandatory Payment Claims | — | paid in full | Under the plansanctionedper the proposal trustee | Motion Record for Approval of Proposal (Returnable October 31, 2016) · 24 Oct 2016 |
| class not placedElleway | Elleway | — | no distributionconditional | Under the plansanctionedper the proposal trustee | Motion Record for Approval of Proposal (Returnable October 31, 2016) · 24 Oct 2016 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
| Certificate of Full Compliance – dated July 18, 2018 | PDF · Subscribers | |
Endossement (Approbation de la proposition) (version anglaise seulement) – daté 31 octobre 2016
| PDF · Subscribers | |
Order (Approval of Proposal) – dated October 31, 2016
| PDF · Subscribers | |
| Factum of the Proposal Trustee (Approval of Proposal) – dated October 26, 2016 | PDF · Subscribers | |
Motion Record for Approval of Proposal (Returnable October 31, 2016) – dated October 24, 2016
| PDF · Subscribers | |
Report of Trustee on Proposal – dated October 21, 2016
| PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal – dated October 14, 2016 | PDF · Subscribers | |
Notice of Proposal to Creditors – dated September 20, 2016
| PDF · Subscribers | |
Report of the Proposal Trustee on the Financial Situation of the Debtor and the Proposal – dated September 20, 2016
| PDF · Subscribers | |
Certificate of Filing of a Proposal – dated September 9, 2016
| PDF · Subscribers | |
Proposal – dated September 9, 2016
| PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal – dated August 17, 2016
| PDF · Subscribers | |
Certificate of filing of a Notice of intention to make a proposal – dated August 10, 2016
| 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., “8635919 Canada Inc (formerly operating as iTravel2000)” (Proposal), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/8635919-canada-inc