Classic Glass & Mirror Ltd.

Proceeding: BankruptcyBankruptcy and Insolvency Act
File: 31-2510564

Filings held2

Last activity15 May 2019

On the record2,732 days

OverviewSummary updated 13 August 2026

Classic Glass & Mirror Ltd. is the subject of insolvency proceedings. A Statement of Affairs (Form 78) filed as at May 14, 2019 reports total liabilities of $2,246,211.87 against total assets of $984,772.02, a stated deficiency of $1,261,439.85. Secured claims include Royal Bank of Canada at $793,847.00, secured against receivables, inventory, a vehicle and machinery valued in total at $706,724.02, leaving an $87,122.98 shortfall also listed as an unsecured claim; DSM Leasing Ltd. at $124,332.00 and CLE Leasing at $153,716.00 are reported as fully secured. The unsecured creditor list runs to more than fifty claims, including Timothy D. Irwin at $600,000.00, Thinking Capital Financial Corporation at $198,256.89, Trulite Industries at $87,200.22 and CRA deemed-trust claims.

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Case updates2 dated entries

15 May 2019

#Claims

Creditor’s Package — Meeting materials

PDF · Subscribers

14 May 2019

#Order

Certificate of Appointment was filed. Court file 31-2510564.

Source: Certificate of Appointment

Parties

Debtor

Classic Glass & Mirror Ltd.

Trustee in bankruptcy

msi Spergel inc.

Capital structureAs asserted in the filings

stated amounts, drawn to scale · for subscribers

#	Priority class	Creditor	Amount	Source
3	Deemed trusts (CRA and other)	CRA - Tax - Ontario (863694519RP0001) · in 259 casesCRA/Revenu deemed-trust class claim. — debtor: Classic Glass & Mirror Ltd. · as of 14 May 2019	$1	Creditor’s Package
4	Secured
4	Secured
4	Secured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured

54 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived

Total assets at filing

Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings

Date	Document	File
15 May 2019	Creditor’s Package Appointee msi Spergel inc. Appointee role trustee Commencement date 14 May 2019 Court file no 31-2510564 + 5 more extracted facts	PDF · Subscribers

14 May 2019	Certificate of Appointment Appointee MSI SPERGEL INC Appointee role trustee Commencement date 14 May 2019 Court file no 31-2510564 + 2 more extracted facts	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., “Classic Glass & Mirror Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/classic-glass-mirror-ltd