Amalgam Eleven Ltd.
Follow- Proceeding
- BankruptcySection 106(2)(a) of the Bankruptcy and Insolvency Act
- File
- 31-2742434
Amalgam Eleven Ltd. became bankrupt on 3 June 2021 under the Bankruptcy and Insolvency Act, with Goldhar & Associates Ltd. as trustee (estate no. 31-2742434, Ontario). Its statement of affairs reported total assets of $350.00, held as cash at RBC Royal Bank, against total liabilities of $1,835,003.00. International Franchise Inc. held a secured claim of $350,000 and Merchant Opportunities Fund Limited Partnership a secured claim of $85,000, each registered under the Personal Property Security Act. Unsecured creditors were reported at $1,485,003.00. The proceeding remains active.
The trustee's statement of affairs recorded $350.00 in assets against $1,835,003.00 in liabilities, including $350,000 in secured claims.
Source: Trustee’s Preliminary Report
Debtor
Amalgam Eleven Ltd.
Trustee in bankruptcy
Goldhar & Associates
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | International Franchise Inc.as of Statement of Affairs — PPSA registration over Inventory/Equipment/Accounts/Other/Motor Vehicle — PPSA search conducted April 12, 2021 — debtor: Amalgam Eleven Ltd. | $350K | Trustee’s Preliminary Report |
Unsecured creditors: no distribution.EstimatedTrustee’s Preliminary Report · 23 Jun 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee’s Preliminary Report · 23 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Minutes of First Meeting of Creditors
| PDF · Subscribers | |
Trustee’s Preliminary Report
| 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., “Amalgam Eleven Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/amalgam-eleven-ltd