#Report
The company made an assignment in bankruptcy, adding a second insolvency step some seventeen months after the receiver was appointed.
Source: Preliminary Report of Trustee
Cook Store Inc
FollowActive
- Proceeding
- Receivership (court-appointed)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- File
- 35-3092018
OverviewSummary updated
Cook Store Inc. is in court-appointed receivership in Ontario, commenced 13 June 2024 under s. 243 of the BIA and provincial Judicature Act legislation, with MNP Ltd., a licensed insolvency trustee, as appointee under court file 35-3092018. Bank of Montreal holds a general security agreement over the property, with an estimated $350,000 owing to it. The property is described as inventory carried at $245,000 book value, together with office equipment and furniture and warehouse equipment and racking, values to be determined. The unsecured creditor list runs to dozens of trade and service suppliers, led by Google Inc at $295,146.15, Eurodib at $77,822.08, UPS Canada at $77,743.66, Groupe SEB at $67,699.90 and Whirlpool Canada at $46,063.89. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
1 earlier update, back to 27 January 2023 — subscribers.
Parties
Debtor
Cook Store Inc
Receiver
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 279 casesGeneral Security Agreement — Estimated amount owed to creditor holding security on the Property as at receiver's statement — debtor: Cook Store Inc. | $350K | S245 Notice and Statement of Receiver |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution. Canada Revenue Agency paid in full · Bank of Montreal short.EstimatedPreliminary Report of Trustee · 2 Jul 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Canada Revenue Agency | — | paid in full | per the trustee | Preliminary Report of Trustee · 2 Jul 2024 |
| SecuredBMO | Bank of Montreal | — | shortfall | Estimatedper the receiver | Preliminary Report of Trustee · 2 Jul 2024 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary Report of Trustee · 2 Jul 2024 |
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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents4 filings
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
S245 Notice and Statement of Receiver
| 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., “Cook Store Inc” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/cook-store-inc