545918 Ontario Inc. Formerly Ferrex Engineering Inc.
- Proceeding
- BankruptcyParagraph 50.4(8)(b.1) of the Act
- File
- 31-2636073
545918 Ontario Inc., formerly Ferrex Engineering Inc., is in bankruptcy in Ontario under the Bankruptcy and Insolvency Act, estate number 31-2636073, with MNP Ltd. as trustee of the estate. The company was deemed to have filed an assignment on June 19, 2020, and the proceeding remains active. The creditor mailing list circulated with the notice of bankruptcy and first meeting of creditors records unsecured claims as at June 19, 2020, led by 1199541 Ontario Inc. at CAD 1,007,457.00 and Micro Fines Recycling Owego, LLC at USD 757,441.29, followed by 1757084 Ontario Inc. at CAD 24,143.00, Fabricated Plastics Limited at CAD 23,562.76, Bearsfield Developments at CAD 2,081.90 and Bell Canada at CAD 593.00. Severance pay claims are listed for Gerald Cleary at CAD 14,603.20 and Steven Driesman at CAD 12,461.60.
Certificate of Appointment was filed. Court file 31-2636073.
Source: Certificate of Appointment
Debtor
545918 Ontario Inc. Formerly Ferrex Engineering Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | 1199541 Ontario Inc. · in 2 casesdebtor: 545918 Ontario Inc. (formerly Ferrex Engineering Ltd.) · as of 19 Jun 2020 | $1.01M | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
7 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 9 Jul 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Company's creditors | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report · 9 Jul 2020 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The total the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “545918 Ontario Inc. Formerly Ferrex Engineering Inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/ferrex-545918-ontario-inc