Proceedings.

Aclarus Inc. - Bankruptcy

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
31-3035425
Filings held4
Last activity15 Feb 2024
On the record969 days
Secured debtSubscribers
OverviewSummary updated

Aclarus Inc. became bankrupt on January 26, 2024 at 11:01 under section 49 of the Bankruptcy and Insolvency Act, with Rosen Goldberg Inc. as trustee of estate number 31-3035425 in Ontario. The statement of affairs, as stated and estimated by the officer at January 24, 2024, records total assets of $362,777.00 against total liabilities of $1,881,028.65 and a deficiency of $1,518,251.65, including unsecured claims of $990,032.36 on list A and a preferred claim of $45,037.02 by Ardmor Holdings Ltd. The Bank of Montreal holds a secured claim of $483,182.27 against Athol Hall. The largest unsecured claims are $210,000.00 to Invita Innovations, $85,245.54 to Brian Mergela, $80,512.50 to Echlon Environmental and $80,204.01 to Minto Cordova.

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Case updates4 dated entries

1 earlier update, back to 26 January 2024 subscribers.

Parties

Debtor

Aclarus Inc. - Bankruptcy

Trustee in bankruptcy

Rosen Goldberg

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal · in 279 casesAthol Hall — Statement of Affairs lists balance of secured claims per list 'B' as $483,182.27 (page 7); Creditor Mailing List shows two entries for Bank of Montreal under 'Athol Hall' attention - $362,777.00 (page 2) and $483,182.27 (page 2) - amount used is the Statement of Affairs figure matching the higher listed figure. — debtor: Aclarus Inc. · as of 24 Jan 2024$483KNotice of first meeting
87 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

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

Documents4 filings
DateDocumentFile
Trustee's Preliminary Report to Creditors
  • Appointee ROSEN GOLDBERG INC.
  • Appointee role LICENSED INSOLVENCY TRUSTEE
  • Province ONTARIO
  • Financial position Subscribers
PDF · Subscribers
WEPPA LetterPDF · Subscribers
Notice of first meeting
  • Appointee Rosen Goldberg Inc.
  • Appointee role trustee
  • Commencement date 26 January 2024
  • Court file no 31-3035425
  • + 4 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee ROSEN GOLDBERG INC.
  • Appointee role trustee
  • Commencement date 26 January 2024
  • Court file no 31-3035425
  • + 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., “Aclarus Inc. - Bankruptcy” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/aclarus-inc-bankruptcy

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/aclarus-inc-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.