Commerx Corporation
- Proceeding
- NOIBankruptcy and Insolvency Act, RSC 1985, c B-3
- File
- 1801-16809
Commerx Corporation filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act on 28 March 2019, in Court of King's Bench of Alberta file 1801-16809, with Robert Kulhawy as applicant. The proceeding remains active, and section 50.4(9) of the BIA is among its stated statutory bases. The company's listing of creditors with claims greater than $250, prepared as of the NOI filing date, shows Balinhard Capital Corporation at $500,000.00, Peter Trant at $147,777.84, Bennett Jones LLP at $11,939.36 and Sun Life Financial at $21,692.88, alongside related-party claims by Kulhawy, the company's President, at $126,041.60 and by Perry Bennett, its COO/CFO, at $23,335.00. Super G Capital, LLC is listed at $0.00. An application was filed on 15 May 2019.
Brief of Commerx Corporation re: Appeal of Disallowance – filed November 12, 2019 — Response / objection pleading
Application for Court Approval of Proposal – filed September 24, 2019 — Application / notice of application
The officer filed a report. Commerx experienced a liquidity crisis stemming from a shareholder dispute and filed an NOI to stabilize its financial situation; its proposal contemplates continued operations and full payment of unsecured claims over time.
Notice of Hearing of Application for Court Approval of Proposal (Form 40.1) — Notice of hearing
Application re: Further Extension of Time to File Proposal and Stay of Proceedings and transfer of shares – filed June 17, 2019 — Application / notice of application
Application filed in the notice of intention proceeding, brought by Robert Kulhawy, in Court of King's Bench of Alberta file 1801-16809.
Application filed in the Alberta court under file number 1801-16809, commencing the proceedings; it is the only step recorded on the file.
Source: Application re: Extension of Time to File Proposal and Stay of Proceedings – filed March 28, 2019
Undated filings1 — no date appears on the document · show
Debtor
Commerx Corporation
Proposal trustee
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Balinhard Capital Corporation / David Legeytas of NOI filing date — c/o Burnet, Duckworth & Palmer — debtor: Commerx Corporation | $500K | Initial Notification to Creditors |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
20 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: paid in full. Canada Revenue Agency paid in full.Under the plan · sanctionedProposal Approval Order · 15 Nov 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trustCRA claims for employee source deductions | Canada Revenue Agency | — | paid in full | Under the plansanctionedper the court | Proposal Approval Order · 15 Nov 2019 |
| Unsecured | — | — | paid in fullconditional | Under the plansanctionedper the court | Proposal Approval Order · 15 Nov 2019 |
| Equity | Fortitude Financial Investments Inc. | — | no distribution | Under the plansanctionedper the proposal trustee | Report of Trustee on Proposal (form 40) · 23 Sep 2019 |
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 ·
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 |
|---|---|---|
Proposal Approval Order
| PDF · Subscribers | |
| Brief of Commerx Corporation re: Appeal of Disallowance – filed November 12, 2019 | PDF · Subscribers | |
| Agreed Book of Exhibits re: Appeal of Notice of Disallowance | PDF · Subscribers | |
| Supplemental Bench Brief of Proposal Trustee re: Appeal of Disallowance – filed November 8, 2019 | PDF · Subscribers | |
| Affidavit of Robert Kulhawy re: Appeal of Disallowance – filed October 30, 2019 | PDF · Subscribers | |
| Order re: Fortitude Appeal of Disallowance | PDF · Subscribers | |
Adjournment Order (UNFILED)
| PDF · Subscribers | |
Application for Court Approval of Proposal – filed September 24, 2019
| PDF · Subscribers | |
| Bench Brief of the Trustee re: Court Approval of Proposal – filed September 24, 2019 | PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal (Form 40.1) | PDF · Subscribers | |
Report of Trustee on Proposal (form 40)
| PDF · Subscribers | |
Creditor Package
| PDF · Subscribers | |
Order re: Extension of Time to File Proposal and Stay of Proceedings and Litigation Plan schedule
| PDF · Subscribers | |
| Third Report of the Proposal Trustee | PDF · Subscribers | |
| Affidavit of Robert Kulhawy – filed June 17 2019 | PDF · Subscribers | |
| Application re: Further Extension of Time to File Proposal and Stay of Proceedings and transfer of shares – filed June 17, 2019 | PDF · Subscribers | |
| Second Report of the Proposal Trustee | PDF · Subscribers | |
| Affidavit of Robert Kulhawy – filed May 15, 2019 | PDF · Subscribers | |
Application re: Further Extension of Time to File Proposal and Stay of Proceedings – filed May 15, 2019
| PDF · Subscribers | |
Order re: Extension of Time to File Proposal and Stay of Proceedings
| PDF · Subscribers | |
| First Report of the Proposal Trustee | PDF · Subscribers | |
| Affidavit of Robert Kulhawy – filed March 28, 2019 | PDF · Subscribers | |
Application re: Extension of Time to File Proposal and Stay of Proceedings – filed March 28, 2019
| PDF · Subscribers | |
Initial Notification to Creditors
| PDF · Subscribers | |
Order re: Authorizing filing of Notice of Intention to Make a Proposal – filed February 27, 2019
| PDF · Subscribers | |
Amended Proposal
| 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., “Commerx Corporation” (NOI), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/commerx-corporation