Dynaleo Inc. and Dynaleo Group Services Inc.

Dynaleo Inc. and Dynaleo Group Services Inc. were the subject of Division I proposal proceedings under the BIA, commenced 6 September 2023 in the judicial centre of Edmonton, Alberta; the file is closed. The creditor listings on the record, all naming Dynaleo Inc. as debtor and stated as at 19 May 2023 on the basis of the company's estimates at the NOI filing date, show secured claims led by 2646525 Ontario Inc. and 2712286 Ontario Inc. at $1,000,000.00 each, Cassidy Fund 1 LP at $1,226,635.00 and the Michael Krestell 2018 Family Trust at $1,103,589.00. On the unsecured side, Cassidy Fund 1 LP is listed at $1,384,000.00, the Michael Kestrell 2018 Family Trust at $905,458.07, and Canada Revenue Agency deemed trust claims at $492,070.61 and $124,781.20. Numerous individual creditors appear on both lists.