Proceedings.

Drivenet Ltd.

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Proceeding
BankruptcySection 49(1) of the Bankruptcy and Insolvency Act
File
B301-179558
Filings held3
Last activity28 Jan 2025
On the record601 days
Secured debtSubscribers
OverviewSummary updated

Drivenet Ltd.'s bankruptcy claims register, as reported by the trustee, lists a large number of purported secured creditors — including several RBC and TD banking facilities and repeated PPR entries — most of which remain marked as not proved. Only a handful of secured claims have been admitted: Automotive Finance Canada Inc.'s $622,878.63 vehicle-inventory claim, John Banfield's $2,000 claim, and a $4,000 deemed-secured claim for employees' unpaid vacation pay under the Wage Earner Protection Program. On the unsecured side, as of January 28, 2025, the register carries unproved claims of $327,000 from the Business Development Bank of Canada and $250,000 on an RBC line of credit, alongside admitted dividend claims such as Santander Consumer Inc.'s $102,891.75 and Harmin Holdings Ltd.'s $66,000 landlord claim.

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Case updates3 dated entries
Parties

Debtor

Drivenet Ltd.

Trustee in bankruptcy

Hudson & Company Insolvency Trustees

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredAutomotive Finance Canada IncGeneral security agreement / vehicle inventory financing (PPR) — Proof of claim filed and admitted; per trustee's report vehicles securing this creditor's interest were returned/repossessed prior to filing. Also holds an unsecured deficiency claim of $258,506.39 (Attn: Julie Ann Whitacre) recorded separately in claims register. — debtor: Drivenet Ltd. · as of 18 Feb 2025$623KTrustee’s report on preliminary administration
87 more claims across lower-ranking classesSubscribe to view
Documents3 filings
DateDocumentFile
Meeting of Creditor minutes
  • Commencement date 28 January 2025
  • Court District of Alberta
  • Court file no B301-179558
  • Province Alberta
PDF · Subscribers
Trustee’s report on preliminary administration
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 January 2025
  • Court file no BKY 25-3179558
  • + 6 more extracted facts
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Creditor Package
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role trustee
  • Commencement date 28 January 2025
  • Court file no 25-3179558
  • + 1 more extracted fact
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Drivenet Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/drivenet-ltd

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/drivenet-ltd

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.