Factory Tile Depot Inc.
- Proceeding
- NOIsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- BK-26-03327497-0031
- Industry
- Retail · Home, furniture & electronics retail
Factory Tile Depot Inc. filed a notice of intention on January 30, 2026 under section 50.4(1) of the Bankruptcy and Insolvency Act, with Rosen Goldberg Inc. as trustee. An affidavit of Tal Dehtiar puts the company's liabilities at approximately $3,944,000, approximately $2,117,000 of it secured, and states that trade payables are little to none because the company pre-pays or pays on delivery for inventory. Eldridge Capital Ltd., the primary secured lender, is owed $1,500,000 on a promissory note secured by collateral charges over the Hamilton, Brock and Burlington properties and guaranteed by Crood Holdings Limited, Crood Farms Limited and Tal Dehtiar. NewCo Capital Group, Sheaves Capital, Business Credit & Capital LLC and Merchant Opportunities Canada LP hold agreement balances of $123,296, $157,550, $166,947 and $169,848.
Factory Tile Depot Inc. filed its notice of intention at Toronto on January 30, 2026 under section 50.4(1), placing the estate with Rosen Goldberg Inc. as trustee.
Debtor
Factory Tile Depot Inc.
Proposal trustee
Rosen Goldberg
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Myers | Ontario Superior Court of Justice | 1 order, Feb 2026 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorFactory Tile Depot Inc. | WeirFoulds LLP | 25 Feb 2026 | Order · 25 Feb 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Eldridge Capital Ltd.Promissory note secured by third collateral charge on Hamilton Property, second collateral charge on Brock Property (granted by Crood Farms Limited), and second collateral charge on Burlington Property (granted by Tal and Katherine Dehtiar), each in principal amount of $1,500,000; guaranteed by Crood Holdings Limited, Crood Farms Limited and Tal Dehtiar — Described as Factory Tile's principal/primary secured lender; owed $1.5 million pursuant to promissory note per affidavit para 20; guarantors/chargors include related parties (Tal Dehtiar, principal, and his companies Crood Holdings/Crood Far | $1.5M | Motion record |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
6 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The total the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Court Order-February 26
| PDF · Subscribers | |
Motion record
| PDF · Subscribers | |
Notice of Intention to Make a Proposal
| 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., “Factory Tile Depot Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/factory-tile-depot-inc