Armbro Transport Inc.
Follow- Proceeding
- Receivership (private)Bankruptcy and Insolvency Act
Armbro Transport Inc. is the subject of active insolvency proceedings in Ontario, a receiver having been appointed pursuant to a general security agreement dated March 27, 2014 granted to the related party 6050 Dixie Road Investments Limited, which is listed as owed $1,048,000. HSBC Bank Canada is shown at $750,000, while Trailcon Leasing Inc., LiftCapital Corporation, Paccar Financial Ltd., Rigo Lift Truck Limited, VFS Canada Inc. and CBSC Capital Inc. are each carried at a nominal $1.00. Assets are stated at $4,246,392 on a book-value basis as at June 19, 2015, drawn in part from the August 31, 2014 audited statements and not verified by the Receiver. Unsecured claims on List "B" total $1,849,447.06, the largest being Mid-West Truck and Trailer Services Ltd. at $239,821.45. The Receiver says it is premature to know whether funds will be available for unsecured creditors or whether net realization will satisfy the secured debt.
Debtor
Armbro Transport Inc.
Receiver
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 6050 Dixie Road Investments LimitedGeneral Security Agreement dated March 27, 2014 — Related party; appointed Receiver pursuant to this security — debtor: Armbro Transportation Inc. | $1.05M | Notice and statement of receiver |
Closed · the record states no distribution outcome.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Service list
| PDF · Subscribers | |
Notice and statement of receiver
| 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., “Armbro Transport Inc.” (Receivership (private)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/armbro-transport-inc