BIOX Canada Limited
Follow- 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
3 earlier updates, back to 21 November 2025 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
BIOX Canada Limited
Trustee in bankruptcy
TDB Restructuring
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| 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 |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| 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 20 September 2026, https://proceedings.ca/case/biox-canada-limited