Couch Commerce Group
Follow- Proceeding
- BankruptcySection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
- File
- 31-1906471, 31-1906457, 31-1906487, 31-1906494
Couch Commerce Group's insolvency proceedings began August 29, 2014 under section 50.4(1) of the Bankruptcy and Insolvency Act, with MNP Ltd. as Proposal Trustee, before the Ontario Superior Court of Justice (Commercial List) at Toronto under court file 31-1906457. A Form 78 statement of affairs sworn December 23, 2014 by John Sharpe reports figures as at the December 13, 2014 date of bankruptcy for four entities — 8108773 Canada Inc., Couch Commerce Inc., DealFind.com Inc. and MenuPalace.com Corporation — showing assets of $563,668.27 against liabilities of $12,053,176.32 and a deficiency of $11,489,508.05. Assets comprise cash of $128,667.27, accounts receivable estimated to produce $25,000.00, securities of $1.00 and other property of $410,000.00. Unsecured creditors are listed at $8,553,163.32, secured creditors at $563,668.27, and a $2,936,341.73 balance of secured claims ranks unsecured. The matter remains active.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Trustee's Preliminary Report. The Couch Commerce Group ceased operations after substantially all assets were sold to nCrowd Commerce Inc. during the NOI period; the companies were deemed bankrupt on December 13, 2014 after failing to file proposals, staff were terminated, and the Trustee is now winding up remaining assets including cash, accounts receivable, tax losses and reserve funds. Court file 31-1906471, 31-1906457, 31-1906487, 31-1906494.
Source: Preliminary Report of Trustee Couch.Jan.6.2015 (signed copy)
4 earlier updates, back to 13 December 2014 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
Couch Commerce Group
Trustee in bankruptcy
MNP
Unsecured creditors: no distribution.EstimatedAbbreviated Notice of Bankruptcy (Amended) - Website Posting · 19 Dec 2014
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Abbreviated Notice of Bankruptcy (Amended) - Website Posting · 19 Dec 2014 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$530K
As at 6 Jan 2015Preliminary Report of Trustee Couch.Jan.6.2015 (signed copy)
| Date | Document | File |
|---|---|---|
Statement of Affairs - executed
| PDF · Subscribers | |
Minutes of First Meeting of Creditors
| PDF · Subscribers | |
Preliminary Report of Trustee Couch.Jan.6.2015 (signed copy)
| PDF · Subscribers | |
| Certificate of Assignment - joint | PDF · Subscribers | |
Abbreviated Notice of Bankruptcy (Amended) - Website Posting
| PDF · Subscribers | |
Abbreviated Notice of Bankruptcy - Mailing to Creditors - Couch Commerce
| PDF · Subscribers | |
Sixth Report of Proposal Trustee
| PDF · Subscribers | |
| Proof of Claim, Proxy and Checklist | 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., “Couch Commerce Group” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/couch-commerce-group