Amalgam Eleven Ltd.
- 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.
Debtor
Amalgam Eleven Ltd.
Trustee in bankruptcy
Goldhar & Associates
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | 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 |
| 4 | Secured | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured 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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Minutes of First Meeting of Creditors
| PDF · Subscribers | |
Trustee’s Preliminary Report
| PDF · Subscribers | |
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CiteProceedings., “Amalgam Eleven Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/amalgam-eleven-ltd