Proceedings.

Big Drum Inc.

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Proceeding
BankruptcyBIA
File
32-3207671
Filings held6
Last activity17 Apr 2025
On the record581 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.

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Case updates6 dated entries
Parties

Debtor

Big Drum Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredCoast 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
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

65 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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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 Package
PDF · 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 5 November 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.