Canada Tobacco & Global Inc.
- 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.
Debtor
Canada Tobacco & Global Inc.
Trustee in bankruptcy
Dodick Landau
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Kronis, Rotsztain, Margles, Cappel LLP | 19 Aug 2014 | Order · 19 Aug 2014 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 6 | 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 |
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
57 more claims in 3 classes The stack holds Landlord preferred, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| 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 4 November 2026, https://proceedings.ca/case/canada-tobacco-global-inc