#Report
Court officer's report filed, recording the date and time of bankruptcy as March 28, 2019 at 10:03.
Source: Certificate of Appointment
Dundee Energy Limited
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 31-2491579
Filings held2
Last activity28 Mar 2019
On the record2,734 days
OverviewSummary updated
Dundee Energy Limited filed an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on March 28, 2019 in Ontario, with MNP Ltd. acting as Licensed Insolvency Trustee under estate number 31-2491579. The proceeding remains active. The Statement of Affairs (Business Bankruptcy), sworn by Bruce Sherley as at March 26, 2019, records total assets of $27,036.61 against total liabilities of $7,589,418.57 and states a deficiency of $7,562,381.96. All of the liabilities are unsecured: the document shows no secured creditors, no preferred creditors and no contingent or other liabilities. The largest claims are owed to related parties, including Dundee Corporation at $5,406,263.45 and Dundee Energy Limited Partnership at $1,456,445.68, followed by Castor UGS Limited Partnership at $262,513.44 and a number of individual creditors.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
Parties
Debtor
Dundee Energy Limited
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Dundee Corporation · in 2 casesrelated party (parent/affiliate) — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $5.41M | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Dundee Energy Limited Partnershiprelated party; c/o FTI Capital Advisors Canada — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $1.46M | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Castor UGS Limited Partnershipdebtor: Dundee Energy Limited · as of 26 Mar 2019 | $263K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Harold Gordonindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $147K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Garth MacRaeindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $113K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Sam Ingramindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $75K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Jaffar Khanindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $45K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Michael Smith · in 4 casesindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $33.4K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | John Cowanindividual creditor — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $33K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Cameron Berrydebtor: Dundee Energy Limited · as of 26 Mar 2019 | $18.4K | Notice of Bankruptcy and Meeting of Creditors |
| Unsecured | Dundeal Canada (GP) Inc. c/o Dundee Realty Management Corp.related party (Dundee group entity) — debtor: Dundee Energy Limited · as of 26 Mar 2019 | $1 | Notice of Bankruptcy and Meeting of Creditors |
Estate financialsReported figures — never derived
Total assets at filing$27K
Total liabilities at filing$7.59M
As at 26 Mar 2019 · per Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer, sworn/declared by Bruce Sherley · Dundee Energy Limited (entity level, bankrupt estate) — List "B" Secured Creditors shows total of $0.00, i.e. the document states the bankrupt has no secured creditors; List "C" Preferred Creditors and List "D" Contingent/Other Liabilities also total $0.00; deficiency of $7,562,381.96 stated.
Documents2 filings
| Date | Document | File |
|---|---|---|
Certificate of Appointment
| ||
Notice of Bankruptcy and Meeting of Creditors
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Dundee Energy Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/dundee-energy-limited