Casa Systems Canada Ltd.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act (Canada)
- File
- 31-3102888
Casa Systems Canada Ltd. entered bankruptcy under the BIA on July 11, 2024 at 12:21, under court file 31-3102888 in Ontario. Its Statement of Affairs, sworn July 10, 2024, reports entity-level assets of $605,281 at unaudited book value against an estimated realizable value of $139,161, consisting of cash; an intercompany receivable of $445,784 and prepaid expenses of $20,336 are carried at no realizable value. The Statement of Affairs identifies no secured obligations or other potential priority claims and no known preferred creditors, and reports unsecured creditors of approximately $2.1 million, including the parent, Casa Systems, Inc., the Canada Revenue Agency in the deemed trust class, and ten former employees claiming termination and severance pay. Three unsecured proofs of claim totalling $311,512.17 had been recorded. The proceeding remains active.
Certificate of Appointment was filed. Court file 31-3102888.
Source: Certificate of Appointment
Debtor
File Documents
Trustee in bankruptcy
Albert Gelman
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Landlord preferred | Unsecured creditors (aggregate as reported) · in 563 casesas of SOA sworn July 10, 2024 (as at Date of Bankruptcy) — Document states this is 'approximately $2.1 million'; no exact aggregate figure given. Named claimants include: (i) the Parent, Casa Systems, Inc. (related party), (ii) Canada Revenue Agency (deemed trust class), and (iii) ten former employees re: termination/severance pay - no individual amounts stated for any of these. Preferred creditors: SOA states none known (page 4). Separately, as at the report date the Trustee had recorded 3 unsecured proofs of claim filed totalling $311,512.17 (page 4) - this is the proofs-filed figure, distin | $2.1M | Trustee’s Report to Creditors on Preliminary Administration |
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee’s Report to Creditors on Preliminary Administration
| PDF · Subscribers | |
Notice of Bankruptcy – Casa Systems Canada Ltd.
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “Casa Systems Canada Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/casa-systems-canada-ltd