Proceedings.

Big Drum Inc.

Follow
Active
Proceeding
BankruptcyBIA
File
32-3207671
Filings held6
Last activity8 Apr 2025
On the record536 days
Secured debtSubscribers
OverviewSummary updated

Big Drum Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act commenced on April 4, 2025 in Ontario, carrying court file number 32-3207671. The proceeding began with a court officer report filed the same day, which was accepted by the Office of the Superintendent of Bankruptcy Canada on April 4, 2025. The estate remains active. The record does not identify a further step in the proceeding, and no creditor claims, realizations or distributions have been recorded to date.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates6 dated entries
#Report

Court officer report filed on the April 4, 2025 commencement date and accepted that same day by the Office of the Superintendent of Bankruptcy Canada, opening the estate.

Source: Trustee's Preliminary Report

3 earlier updates, back to 3 April 2025 subscribers.

Parties

Debtor

Big Drum Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCoast Capital Equipment Finance · in 4 casesFinance company lease, secured against asset 1102 (2022 Matsuura MX-330 machinery) — Claim bifurcated by security valuation: total claim $481,569.70, of which $156,569.70 is unsecured (see unsecured_creditors) — debtor: Big Drum Inc. · as of 21 Apr 2023$325KStatement of Affairs

64 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents6 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 4 April 2025
  • Court file no 32-3207671
  • + 2 more extracted facts
PDF · Subscribers
Newspaper Ad Tearsheet for First Meeting of Creditors
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers
Creditor's PackagePDF · Subscribers
Assignment for the General Benefit of Creditors
  • Commencement date 3 April 2025
PDF · Subscribers
Statement of Affairs
  • Commencement date 3 April 2025
  • Province Ontario
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
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., “Big Drum Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/big-drum-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/big-drum-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.