Datec Coating Corporation is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced October 23, 2024 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) at court file number BK-24-03137745-0032. The record to date consists of a single step, an interim order granted on the commencement date itself. The proceeding remains active, and no subsequent orders, reports or hearings have been entered on the record.
The officer filed a report. Datec's business and assets were sold to Urecka Canada Corporation via a stalking horse/SISP process that closed on December 20, 2024; the Purchaser rehired most employees and now holds the operating business, while the Trustee winds down the estate and pursues remaining asset realizations (e.g., equipment, SR&ED credit).
Source: Preliminary Report
The court granted an approval and vesting order for the sale to Datec Coating Technologies Ltd. Closing terms, as extracted: vesting effective upon delivery of Proposal Trustee's Certificate certifying payment, satisfaction/waiver of conditions, and completion.
Interim order granted the same day the bankruptcy proceeding was commenced, opening the file in the Ontario Superior Court of Justice as BK-24-03137745-0032.
Source: Court Order
Applicant Motion Record was filed. Court file BK-24-03137745-0032.
Source: Applicant Motion Record
Debtor
Datec Coating Corporation
Proposal trustee
Dodick Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Western Ontario Community Futures Development Corporation Association (WOCFDCA) · in 2 casesLoan Agreement and Promissory Note dated July 29, 2022; original principal amount $500,000 — Company's principal secured creditor; delivered demand notice and Notice of Intention to Enforce Security under s.244(1) BIA on September 25, 2024 following default. Amount stated is approximate outstanding balance. — debtor: Datec Coating Corporation | $435K | First Report to Court of the Proposal Trustee |
| 4 | Secured | Royal Bank of Canada (RBC) · in 556 casesGeneral security agreement pursuant to RBC Loan (HASCAP fixed term loan, original amount $250,000) — Although accompanied by a general security agreement, there is no registration in favour of RBC on the PPSA Report; security appears unperfected. Amount is approximate outstanding balance. — debtor: Datec Coating Corporation | $225K | First Report to Court of the Proposal Trustee |
| 4 | Secured | De Lage Landen Financial Services Canada Inc. · in 73 casesEquipment Leasing Agreement dated April 25, 2023 — Delivered demand letter on September 26, 2024. Amount is approximate outstanding balance. — debtor: Datec Coating Corporation | $22K | First Report to Court of the Proposal Trustee |
| 8 | Unsecured | Western Ontario Community Futures Development CorporationLoan - other; date given/incurred 28-Jul-2022; listed with $0.00 secured; SOA shows estimated deficit from security of -$435,187.48 — debtor: Datec Coating Corporation · as of 28 Jul 2022 | $435K | Creditor Package |
| 8 | Unsecured | RBC Royal Bank · in 52 casesBank loan (except real property mortgage); listed as unsecured with $0.00 secured — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $185K | Creditor Package |
| 8 | Unsecured | RBC Royal Bank · in 52 casesBank loan (except real property mortgage); listed as unsecured with $0.00 secured — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $36.2K | Creditor Package |
| 8 | Unsecured | InsulectroAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $29.1K | Creditor Package |
| 8 | Unsecured | DeLage Landen Financial Services Canada Inc. · in 2 casesFinance company loan - equipment lease; date given/incurred 21-Apr-2021; listed with $0.00 secured; SOA shows estimated deficit from security of -$21,000.00 — debtor: Datec Coating Corporation · as of 21 Apr 2021 | $21K | Creditor Package |
| 8 | Unsecured | Phoenix EDT Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $19.9K | Creditor Package |
| 8 | Unsecured | Midking Properties LimitedLease — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $19.5K | Creditor Package |
| 8 | Unsecured | RBC Royal Bank · in 52 casesBank credit card / Bank-Trust Companies credit card issuer; listed as unsecured — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $9.17K | Creditor Package |
| 8 | Unsecured | Progressive Machining Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $8.4K | Creditor Package |
| 8 | Unsecured | Solutions Custom Fabricating Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $4.74K | Creditor Package |
| 8 | Unsecured | Omnitrans · in 6 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $4.57K | Creditor Package |
| 8 | Unsecured | Dynamic Air Compressor Ltd.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $2.86K | Creditor Package |
| 8 | Unsecured | Cole-Parmer Canada Inc. · in 3 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $2.2K | Creditor Package |
| 8 | Unsecured | Alectra Utilities (formerly Enersource Hydro) · in 39 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $2.17K | Creditor Package |
| 8 | Unsecured | ULINE Canada · in 25 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.94K | Creditor Package |
| 8 | Unsecured | Life Technologies Inc. · in 2 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.57K | Creditor Package |
| 8 | Unsecured | Progressive Anodizers Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.56K | Creditor Package |
| 8 | Unsecured | AlphachemAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.47K | Creditor Package |
| 8 | Unsecured | McMaster University - Accounts ReceivableAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.47K | Creditor Package |
| 8 | Unsecured | Millipore Sigma Canada Ltd. · in 2 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.45K | Creditor Package |
| 8 | Unsecured | Thermofisher Scientific Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.37K | Creditor Package |
| 8 | Unsecured | Bass Paper & Packaging Ltd. · in 4 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.24K | Creditor Package |
| 8 | Unsecured | Linde Canada Ltd. · in 2 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.11K | Creditor Package |
| 8 | Unsecured | Screentec Corp.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.05K | Creditor Package |
| 8 | Unsecured | Hill & SchumacherAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1.02K | Creditor Package |
| 8 | Unsecured | Hammond Paper CompanyAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $857 | Creditor Package |
| 8 | Unsecured | Northwest Gas Ltd.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $831 | Creditor Package |
| 8 | Unsecured | Nicram InternationalAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $785 | Creditor Package |
| 8 | Unsecured | Omnitrans Inc. · in 7 casesAccounts payable; separate entry from 'Omnitrans' as listed — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $450 | Creditor Package |
| 8 | Unsecured | McKinnon Metals Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $380 | Creditor Package |
| 8 | Unsecured | Spaenaur · in 8 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $300 | Creditor Package |
| 8 | Unsecured | Calibration Technologies LtdAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | Patmar Reliable Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | CRA - Tax Ontario (Source Deductions) · in 7 casesSource deductions - typically deemed-trust class claim — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | CRA - Tax Ontario (Sales Tax) · in 7 casesSales tax - Federal/Provincial/Municipal — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | CRA - Tax Ontario (Corporate Tax) · in 7 casesCorporate tax - Federal/Provincial/Municipal — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | Happy Pallets Inc.Accounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | Bell Canada · in 298 casesAccounts payable — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $250 | Creditor Package |
| 8 | Unsecured | Fae DarianiOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Unique SinghOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Anthony CroccoOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Hao PhamOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | William O'KeefeOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Ikenna OnyememeOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Venancio PatnubayOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Pina FraressoOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
| 8 | Unsecured | Erika RemolinaOwed wages - employee termination pay — debtor: Datec Coating Corporation · as of 28 Dec 2024 | $1 | Creditor Package |
2 transactions · 1 approved · 1 closed — The sale transaction closed on December 20, 2024.Preliminary Report · 24 Jan 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Datec Coating Technologies Ltd.Stalking horsethe Vendor's right, title and interest in and to the assets described in the Stalking Horse Agreement (the ' Purchased Assets ') · asset sale · nominee/assignee: Ureeka Canada Corporation, or its nominee · agreement 21 Oct 2024 | not stated | Approved12 Dec 2024 | Assignment, Approval and Vesting Order |
| Urecka Canada CorporationAll of the Company's assets, properties and undertakings other than the Excluded Assets | not stated | Closed20 Dec 2024 | Preliminary Report |
WOCFDC: shortfall.EstimatedPreliminary Report · 24 Jan 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | WOCFDC | $350Kproven | shortfall | Estimatedper the trustee | Preliminary Report · 24 Jan 2025 |
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 28 Dec 2024 · per Statement of Affairs - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · entity - Datec Coating Corporation — Statement of Affairs reports secured creditors at $0.00 (line 1) - i.e., no secured creditors reported; deficiency of $685,680.20 stated.
Cash on hand
$103K
As at 24 Jan 2025Preliminary Report
Professional fees to date
$27K
As at 24 Jan 2025Preliminary Report
| Date | Document | File |
|---|---|---|
Preliminary Report
| ||
Creditor Package
| ||
| Certificate of Assignment | ||
| Report on Non filing of Proposal | ||
Assignment, Approval and Vesting Order
| ||
Court Order
| ||
First Report to Court of the Proposal Trustee
| ||
Applicant Motion Record
| ||
| Factum of the Applicant | ||
| Certificate for the Notice of Intention | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Datec Coating Corporation” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/datec-coating-corporation
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/datec-coating-corporation
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.