#Filing
DIP Motion Record of Digital Underground Media Inc. re DIP, returnable November 25, 2017 — Application / notice of application
Digital Underground Media Inc
FollowActive
- Proceeding
- NOISection 163(2) of the Bankruptcy and Insolvency Act
- File
- 31-2295766
Filings held21
Last activity25 Nov 2017
On the record3,286 days
OverviewSummary updated
Digital Underground Media Inc. filed a notice of intention to make a proposal under s. 50.4 of the Bankruptcy and Insolvency Act on September 22, 2017, with MNP Ltd. as proposal trustee, under court file 31-2295766 before the Ontario Superior Court of Justice Commercial List. The proceeding remains active. Interim funding is provided by J.D. Craig Holdings Inc. under a DIP loan agreement dated September 22, 2017 with a facility limit of $750,000; that lender and DUM Holdings Inc. agreed under a forbearance agreement dated September 15, 2017 to refrain from enforcing their security. The Form 92 list of creditors with claims of $250 or more shows the two related parties as the largest unsecured claims, at $2,816,031.78 for JD Craig Holdings Inc. and $528,291.47 for DUM Holdings Inc., followed by David Chae at $250,000 and Beacon Securities Limited at $157,500.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates20 dated entries · 1 undated
#Filing
Book of Authorities of Forward Dimension Capital 1 LLP For the Application returnable November 14, 2017 — Application / notice of application
17 earlier updates, back to 22 September 2017 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Parties
Debtor
Digital Underground Media Inc
Proposal trustee
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hainey | Ontario Superior Court of Justice | 3 orders, Sep 2017 – Nov 2017 | 196 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Nov 2017 | 103 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeMNP | Loopstra Nixon LLP | 14 Nov 2017 | Order · 14 Nov 2017 |
| CreditorForward Dimension Capital 1 LLP | Goodmans LLP | 14 Nov 2017 | Factum · 14 Nov 2017 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | DUM Holdings Inc.Party to Forbearance Agreement dated September 15, 2017 pursuant to which it and the DIP Lender agreed to forbear from enforcement of their security — Related party (also listed as unsecured creditor with claim of $528,291.47 as of the NOI filing date basis); balance not stated — debtor: Digital Underground Media Inc. | — | Notice of Proposal to Creditors , October 6, 2017 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
19 more claims across lower-ranking classesSubscribe to view
RecoveriesAs declared or paid
Unsecured creditors: a distribution. C. Douglas Cardoza Limited paid in full.Under the plan · sanctionedBook of Authorities of Forward Dimension Capital 1 LLP For the… · 14 Nov 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | paid in full | Finalper the trustee | Book of Authorities of Forward Dimension Capital 1 LLP For the… · 14 Nov 2017 |
| Secured | C. Douglas Cardoza Limited | — | paid in full | Under the plansanctionedper the trustee | Book of Authorities of Forward Dimension Capital 1 LLP For the… · 14 Nov 2017 |
| Unsecured | unsecured creditors who have filed valid proofs of claim | — | a distribution | Under the plansanctionedper the debtor | Book of Authorities of Forward Dimension Capital 1 LLP For the… · 14 Nov 2017 |
| Unsecuredwives' numbered company (unsecured creditor) | numbered company owned by the wives of Cohen and Feder | — | a distribution | Under the plansanctionedper the trustee | Book of Authorities of Forward Dimension Capital 1 LLP For the… · 14 Nov 2017 |
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.
7 stated figures across 4 outcomes, each sourcedSubscribe to view
Documents
21 filings
| Date | Document | File |
|---|---|---|
| DIP Motion Record of Digital Underground Media Inc. re DIP, returnable November 25, 2017 | PDF · Subscribers | |
Book of Authorities of Forward Dimension Capital 1 LLP For the Application returnable November 14, 2017
| PDF · Subscribers | |
| Brief of Authorities of Digital Underground Media - motion returnable November 14, 2017 | PDF · Subscribers | |
Endorsement of Justice Myers (Approval of Proposal and Settlement)
| PDF · Subscribers | |
| Factum of Digital Underground Media - motion returnable November 14, 2017 | PDF · Subscribers | |
Factum of Forward Dimension Capital 1 LLP for the Application returnable November 14, 2017
| PDF · Subscribers | |
| Motion Record of Proposal Trustee re Approval of Proposal, returnable November 14, 2017 | PDF · Subscribers | |
Order of Justice Myers (Approval of Proposal)
| PDF · Subscribers | |
| Responding Application Record of Forward Dimension Capital 1 LLP, returnable November 14, 2017 | PDF · Subscribers | |
| Responding Motion Record of Digital Underground Media Inc., returnable November 14, 2017 | PDF · Subscribers | |
Supplemental Factum of Forward Dimension Capital 1 LLP for Application returnable November 14, 2017
| PDF · Subscribers | |
Motion Record (Motion to Examine Debtor), returnable on a date to be fixed
| PDF · Subscribers | |
Endorsement of Justice Hainey (Request to Examine Debtor)
| PDF · Subscribers | |
| Notice of Amended Proposal to Creditors and Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
Notice of Proposal to Creditors , October 6, 2017
| PDF · Subscribers | |
Endorsement of Justice Hainey
| PDF · Subscribers | |
Motion Record, returnable September 25, 2017
| PDF · Subscribers | |
Order of Justice Hainey (Administration and DIP Charges)
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal, September 22, 2017 | PDF · Subscribers | |
Trustee's Report, September 22, 2017
| PDF · Subscribers | |
| Proof of Claim, Proxy, Voting Letter 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., “Digital Underground Media Inc” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/digital-underground-media-inc