Proceedings.

Ecoideas Innovations Inc.

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Active
Proceeding
NOIBIA s. 50.4
Court
Ontario Superior Court of Justice · In Bankruptcy and Insolvency
File
BK-26-03354672-0031
Filings held16
Last activity7 Jul 2026
On the record174 days
Secured debtSubscribers
OverviewSummary updated

Ecoideas Innovations Inc. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) under court file number BK-26-03354672-0031. No further steps in the proceeding are recorded.

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Case updates16 dated entries

13 earlier updates, back to 31 March 2026 subscribers.

Parties

Debtor

Ecoideas Innovations Inc.

Proposal trustee

Dodick Landau

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 556 casesas of NOI filing date — General security agreement registered under the Personal Property Security Act (Ontario); also two other PPSA registrations in favour of RBC in respect of leased equipment — Approximate amount per loan agreement dated June 18, 2021; two other RBC PPSA registrations relate to leased equipment that Management advised have matured and been repaid in full (discharged); RBC issued demand and notice of intention to enforce security on March 2, 2026; described as senior secured lender — debtor: Ecoideas Innovations Inc.$2.3MFirst Report to Court of the Proposal Trustee

4 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale approvedSISP result reported and Transaction with 100 Ontario recommended for approvalThird Report of the Proposal Trustee · 30 Jun 2026

Bid deadline (round closed)

26 June 2026

Sale and Investment Solicitation Process

Stalking horse

1001611870 Ontario Inc.

Administrative Relief Order – July 7.2026

PurchaserPriceStatusSource
1001611870 Ontario Inc.Stalking horsethe Purchased Shares · share sale · nominee/assignee: its nominee · ResidualCo: 1001661176 Ontario Inc. · agreement 22 May 2026SubscribersApproved28 May 2026outside 14 Jul 2026Court Order and SISP
AdvisorsDodick Landau Inc. (financial advisor)Supplement to Second Report of the Proposal Trustee -May 27 2026
Closing termsdelivery of the Proposal Trustee's Certificate marks the Closing Time and sequential implementation stepsReverse Vesting Order
Estate financialsReported figures — never derived

Cash on hand

$138K

As at 22 May 2026Second Report of the Proposal Trustee – May 22 2026

1 more reported figure, as at 22 May 2026

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Documents
16 filings
DateDocumentFile
Administrative Relief Order – July 7.2026
  • Presiding officer Justice Kimmel
  • Residualco 1001661176 Ontario Inc.
  • Stalking horse Subscribers
PDF · Subscribers
Reverse Vesting Order
  • Closing terms delivery of the Proposal Trustee's Certificate marks the Closing Time and sequential implementation steps
  • Purchaser 1001611870 Ontario Inc. (stalking horse) · the Purchased Shares · share sale · approved
  • Residualco 1001661176 Ontario Inc.
  • Stalking horse Subscribers
PDF · Subscribers
Responding Motion Record – Proposed PurchaserPDF · Subscribers
Third Report of the Proposal Trustee
  • Purchaser 1001611870 Ontario Inc. (stalking horse) · purchase substantially all of the Company's assets and business operations · asset sale · approved
  • Sale outcome Sale approved — SISP result reported and Transaction with 100 Ontario recommended for approval
  • Financial position Subscribers
PDF · Subscribers
Confidentiality AgreementPDF · Subscribers
Teaser – June 1 , 2026
  • Bid deadline 29 June 2026
  • Sale outcome Marketed — SISP soliciting offers for a sale of, or investment in, the Company
PDF · Subscribers
Court Order and SISP
  • Bid deadline 26 June 2026
  • Outside date 14 July 2026
  • Purchaser 1001611870 Ontario Inc. (stalking horse) · nominee/assignee its nominee · substantially all of the Company's assets and business operations · asset sale · approved
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Supplement to Second Report of the Proposal Trustee -May 27 2026
  • Operational summary The Proposal Trustee notes that Ecoideas remains insolvent and is currently living within its own cash flow without any debtor-in-possession financing, and is forecast to run out of cash by the end of July 2026 if a sale does not close by then.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Court EndorsementPDF · Subscribers
Sale and Investment Solicitation Process
  • Bid deadline 26 June 2026
  • Outside date 14 July 2026
  • Purchaser 1001611870 Ontario Inc. (stalking horse) · nominee/assignee its nominee · substantially all of the Company's assets and business operations · asset sale · proposed
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Second Report of the Proposal Trustee – May 22 2026
  • Operational summary Ecoideas continues to operate its health food manufacturing and distribution business with 25 full-time employees while pursuing a Sale and Investment Solicitation Process (SISP), supported by a stalking horse agreement, to address its liquidity difficulties.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Court OrderPDF · Subscribers
Motion Record of Ecoideas Innovations Inc.
  • Appointee Dodick Landau Inc.
  • Appointee role Proposal Trustee
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no BK-26-03354672-0031
  • + 1 more extracted fact
PDF · Subscribers
First Report to Court of the Proposal Trustee
  • Appointee Dodick Landau Inc.
  • Appointee role Proposal Trustee
  • Commencement date 31 March 2026
  • Court SUPERIOR COURT OF JUSTICE
  • + 5 more extracted facts
PDF · Subscribers
Certificate for the Notice of IntentionPDF · Subscribers
Notice of Intention to Make a ProposalPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Ecoideas Innovations Inc.” (NOI), Ontario Superior Court of Justice · In Bankruptcy and Insolvency. Retrieved 20 September 2026, https://proceedings.ca/case/ecoideas-innovations-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/ecoideas-innovations-inc

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.