AVCTechnologies Canada Ltd.
Follow- 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. |
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 | |
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 20 September 2026, https://proceedings.ca/case/avctechnologies-canada-ltd