BIOX Canada Limited
- Proceeding
- BankruptcySection 49 of the Act
- File
- 32-3301124
BIOX Canada Limited became bankrupt under the BIA on November 21, 2025, a no-asset estate whose sole property is $30,000 in cash held with Bank of America (Toronto), pending confirmation of transfer to the Trustee. The Statement of Affairs sworn that day listed liabilities of $29,840,288.61, comprising a secured claim capped at $30,001 against the estimated asset value and $29,810,287.61 unsecured. Hartree Partners, LP is the sole and senior secured creditor under a security agreement dated November 15, 2022, owed $27,026,684.42 as at the date of bankruptcy per the Statement of Affairs. As of December 12, 2025, claims filed totalled $28,868,047.26, split between $27,452,290.43 secured and $1,415,756.83 unsecured. Hartree has subordinated its security to the Trustee's fees and disbursements in connection with the administration of WEPP claims and posted a $28,250 third-party deposit for those fees.
A claims procedure has been established — see the order for deadlines.
Assignment of the General Benefit of Creditors dated November 21, 2025 was filed.
Source: Assignment of the General Benefit of Creditors dated November 21, 2025
Undated filings1 — no date appears on the document · show
Debtor
BIOX Canada Limited
Trustee in bankruptcy
TDB Restructuring
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Hartree Partners, LPSecurity agreement dated November 15, 2022 (sole and senior secured creditor) — Sole secured creditor; amount is per proof of claim filed as of Dec 12, 2025. Statement of Affairs (sworn Nov 21, 2025) recorded total debt owed to Hartree as $27,026,684.42 as of the date of bankruptcy, with the secured claim capped at $30,001 (value of estate assets) and the remainder ($27,026,654.42 approx.) reflected as unsecured per SOA convention. Hartree's security interest is subordinated to the Trustee's fees/disbursements per written confirmation, in connection with administration of WEPP claims. Also pro · as of 12 Dec 2025 | $27.5M | Trustee’s Preliminary Report to Creditors dated December 12, 2025 |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
100 more claims in 1 class The stack holds Secured and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
| BIOX Canada Limited – Overview of Transaction | PDF · Subscribers | |
Trustee’s Preliminary Report to Creditors dated December 12, 2025
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Assignment of the General Benefit of Creditors dated November 21, 2025
| PDF · Subscribers | |
Certificate of Appointment dated November 21, 2025
| PDF · Subscribers | |
| Proof of Claim Form | 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., “BIOX Canada Limited” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/biox-canada-limited