Clover Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2971927
Clover Inc. is bankrupt in Ontario, having made an assignment for the general benefit of creditors on August 2, 2023. The proceeding remains active. The record before the page consists of a court officer report filed on the date of the assignment, which records that the Company itself made the assignment. No further milestones have been entered.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. First Report. Clover's dating app was shut down and removed from app stores immediately upon bankruptcy, all employees were terminated, and the Trustee has only kept the operating bank account open to collect residual receipts, with no ongoing business operations. Court file 31-2971927.
Source: First Report of the Trustee
Debtor
Clover Inc.
Trustee in bankruptcy
B. Riley Farber
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Apr 2025 | 318 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Trustee in bankruptcyB. Riley Farber Inc | Miller Thomson LLP | 11 Apr 2025 | Order · 11 Apr 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Jackson Investment Group, LLCas of date of bankruptcy — All of the Company's Property encumbered; sole PPSA (Ontario) registrant against the Company — Secured claim per Statement of Affairs; NIL filed with Trustee to date. Legal opinion on validity/enforceability of security pending (preliminary verbal opinion received that security 'appears reasonable' subject to further review of security documents). Anticipated to suffer a significant shortfall; no surplus expected for preferred or unsecured creditors. — debtor: Clover Inc. | $346K | Trustee’s Preliminary Report |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansMarketed — The Trustee is undertaking this sale process to solicit interest in, and opportunities for a sale or combination of sales of all or substantially all of the Company's intellectual propertyTeaser · 22 Jan 2024
Preferred creditors: no distribution. Jackson Investment Group, LLC short.EstimatedTrustee’s Preliminary Report · 18 Aug 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Jackson Investment Group, LLC | — | shortfallconditional | Estimatedper the trustee | Trustee’s Preliminary Report · 18 Aug 2023 |
| Preferred | preferred or unsecured creditors | — | no distribution | Estimatedper the trustee | Trustee’s Preliminary Report · 18 Aug 2023 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
Cumulative receipts
$324K
As at 4 Apr 2025First Report of the Trustee
Cash on hand
As at
1 more reported figure, and the 2 totals 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 |
|---|---|---|
| Instructions for Proof of Claim Form | PDF · Subscribers | |
Notice to Potential Beneficiaries
| PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Order of Justice Cavanagh (Beneficiaries Identification Procedure Order)
| PDF · Subscribers | |
First Report of the Trustee
| PDF · Subscribers | |
Teaser
| PDF · Subscribers | |
Minutes of the First Meeting of Creditors
| PDF · Subscribers | |
Trustee’s Preliminary Report
| PDF · Subscribers | |
| Certificate of Appointment (Amended) | PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
| Creditors Package | 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., “Clover Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/clover-inc