Ariad Communications Inc.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 31-2367031
Ariad Communications Inc. filed an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on April 16, 2018, in Ontario, under estate number 31-2367031. A. Farber & Partners Inc. is the trustee of the estate. The bankruptcy remains active.
Certificate of Appointment was filed. Court file 31-2367031.
Source: Certificate of Appointment
Debtor
Ariad Communications Inc.
Trustee in bankruptcy
A. Farber & Partners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Fifth Third BankDebts due - business accounts receivable (est. value 476,000.00); furniture - office equipment (est. 300,000.00); cash on hand (est. 90,000.00); other - intangible (est. 1.00); other - leaseholds (est. 1.00); other - prepaid expenses (est. 1.00); total estimated value of security 866,003.00 — List B secured creditors. Claim (amount of claim) 11,622,982.00; secured to estimated value 866,003.00; unsecured shortfall (balance of claim) 10,756,979.00 also carried as a distinct List A entry #38 (do not double-count). 'When given' not stated. Cincinnati OH USA. — debtor: Ariad Communications Inc. · as of 16 Apr 2018 | $11.6M | Creditors Package |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
110 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “Ariad Communications Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/ariad-communications-inc