The officer filed report no. Second Report. Electro Sonic continues to operate in the normal course while pursuing a going concern sale, cooperating fully with the Proposal Trustee, and negotiating a forbearance agreement with RBC to maintain financing during the sale process. Court file 31-1835443.
Electro Sonic Inc. and Electro Sonic of America LLC
- Proceeding
- NOIs.50.4(1) of the Bankruptcy and Insolvency Act (Canada)
- File
- 31-1835443
Electro Sonic Inc. and Electro Sonic of America LLC are the subject of active insolvency proceedings in Ontario. The creditor mailing list for Electro Sonic Inc. records secured claims of $3,039,946 owing to Trumar Communications Inc. and $1,084,845 to Different Drummer Communications Inc., related-party creditors sharing an address, together with $1,900,000 to Royal Bank of Canada and $696,551 to Joel Rosenthal, an individual. De Lage Landen Financial Services Canada Inc., Ricoh Canada Inc. and S.S.I. Inc. are each listed as secured with claims of $0.00. The largest unsecured claims are Hoffman Enclosures at $178,942.50, PEI/Genesis at US$87,423.11, EBM Industries Inc. (US) at $77,380.93 and Hammond Mfg. at $67,797.10. Several suppliers, among them Omron Canada Inc., Newark, Bisco Industries and Renfrew Electric Co. Ltd., appear twice on the list with differing amounts.
Debtor
Electro Sonic Inc. and Electro Sonic of America LLC
Proposal trustee
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Trumar Communications Inc.as of NOI filing date — related-party creditor (shared address with Different Drummer Communications Inc.) — debtor: Electro Sonic Inc. | $3.04M | Esa notice to creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
128 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
Cumulative receipts
$1.63M
As at 27 Feb 2014Electro sonic second report to court
Cumulative disbursements
As at
1 more reported figure
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Electro sonic second report to court
| PDF · Subscribers | |
Esa notice to creditors
| 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., “Electro Sonic Inc. and Electro Sonic of America LLC” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/electro-sonic-inc-and-electro-sonic-of-america-llc