Proceedings.

Electro Sonic Inc. and Electro Sonic of America LLC

ClosedFollow
Proceeding
NOIs.50.4(1) of the Bankruptcy and Insolvency Act (Canada)
File
31-1835443
Filings held2
Last activity27 Feb 2014
On the record4,655 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates2 dated entries
#Report

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.

Source: Electro sonic second report to court

Parties

Debtor

Electro Sonic Inc. and Electro Sonic of America LLC

Proposal trustee

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredTrumar Communications Inc.as of NOI filing date — related-party creditor (shared address with Different Drummer Communications Inc.) — debtor: Electro Sonic Inc.$3.04MEsa notice to creditors
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured

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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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived

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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Documents2 filings
DateDocumentFile
Electro sonic second report to court
  • Appointee MNP Ltd.
  • Appointee role proposal trustee
  • Commencement date 6 February 2014
  • Cash on hand Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Esa notice to creditors
  • Appointee MNP LTD.
  • Appointee role trustee
  • Commencement date 6 February 2014
  • Financial position Subscribers
  • + 4 more extracted facts
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

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/electro-sonic-inc-and-electro-sonic-of-america-llc

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.