Canada Tobacco & Global Inc.
Follow- Proceeding
- BankruptcyBIA
- File
- 31-OR-207816-T
Canada Tobacco & Global Inc.'s bankruptcy record rests on a Statement of Affairs sworn by officer James Kang on August 19, 2014, reporting total assets of $981,000.00 against total liabilities of $856,974.81, and a surplus of $124,025.19. The Statement of Affairs lists no secured creditors. Unsecured claims include $600,000.00 owed to Myungsu You, the creditor whose petition led to the bankruptcy order, a $55,080.00 deemed trust claim from the Canada Revenue Agency, and preferred claims for wages and rent totalling $12,503.36 owed to company officer Cheol Joong (James) Kang and other employees.
5 earlier updates, back to 29 July 2014 — subscribers.
Debtor
Canada Tobacco & Global Inc.
Trustee in bankruptcy
Dodick Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Landlord preferred | Cheol Joong (James) KangPreferred creditor claim; officer of the bankrupt (related party); distinct from his unsecured claim also listed — debtor: Canada Tobacco & Global Inc. · as of 19 Aug 2014 | $9K | Notice of Bankruptcy and First Meeting of Creditors |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustees’ Second Report to Court with appendices
| PDF · Subscribers | |
| Court Endorsement – Scheduling of Motions | PDF · Subscribers | |
Trustees First Report to Court – Appendices -Part 2 of 2
| PDF · Subscribers | |
| Trustees’ First Report to Court | PDF · Subscribers | |
Trustees’ First Report to Court – Appendices -Part 1 of 2
| PDF · Subscribers | |
| Court Endorsement | PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
| Bankruptcy Order – Entered August-19-2014 | 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., “Canada Tobacco & Global Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/canada-tobacco-global-inc