AVCTechnologies Canada Ltd.
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 33-3075448
AVCTechnologies Canada Ltd. became bankrupt on 2 May 2024 under subsection 102(1) of the Act, with Goldhar & Associates Ltd. as trustee (estate no. 33-3075448, Ontario). Its statement of affairs, as at 2 May 2024, reported no assets against total liabilities of $27,700,004.00, a stated deficiency of $27,700,004.00. The unsecured claims were $21,000,000.00 owed to its parent, American Virtual Cloud Technologies Inc., and $6,700,000.00 to an affiliate, AVCtechnologies USA Inc. The proceeding remains active.
The statement of affairs, as at 2 May 2024, reported a deficiency of $27,700,004.00, owed almost entirely to affiliated companies.
Source: Notice of Bankruptcy and First Meeting of Creditors including the Creditors package.
Debtor
AVCTechnologies Canada Ltd.
Trustee in bankruptcy
Goldhar & Associates
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | American Virtual Cloud Technologies Inc.related party (parent/affiliate entity) — debtor: AVCTechnologies Canada Ltd. · as of 2 May 2024 | $21M | Notice of Bankruptcy and First Meeting of Creditors including the Creditors package. |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
5 more claims in 1 class The stack holds Unsecured claims.
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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 | |
Notice of Bankruptcy and First Meeting of Creditors including the Creditors package.
| 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., “AVCTechnologies Canada Ltd.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/avctechnologies-canada-ltd