Proceedings.

Forsport Limited

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Active
Proceeding
Bankruptcythe aforenamed debtor filed an assignment under section 49 of the Bankruptcy and Insolvency Act
File
31-2444971
Filings held5
Last activity6 Dec 2018
On the record2,863 days
OverviewSummary updated

Forsport Limited became bankrupt on November 19, 2018, having filed an assignment under section 49 of the Bankruptcy and Insolvency Act, with The Fuller Landau Group Inc. named as licensed insolvency trustee under estate file 31-2444971 in Ontario. Its statement of affairs, as at November 16, 2018, reported total assets of $5,000.00 against total liabilities of $283,087.63, a stated deficiency of $278,087.63. Listed unsecured claims include $145,253.79 owed to Harold Fortis and $124,305.67 to Worn Out Inc., with $9,879.09 owed to the Canadian Imperial Bank of Commerce. The matter remains active.

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Case updates4 dated entries · 1 undated
Undated filings1 — no date appears on the document · show
Claims

Proof of Claim Claims process approved

PDF

Parties

Debtor

Forsport Limited

Trustee in bankruptcy

Fuller Landau

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
6Landlord preferredCarl Brantpreferred creditor for wages, rent, etc. per List C — debtor: Forsport Limited · as of 16 Nov 2018$1KStatement of Affairs
8UnsecuredHarold Fortis · in 2 casesindividual creditor, listed as bankrupt's declarant; relationship not further specified — debtor: Forsport Limited · as of 16 Nov 2018$145KStatement of Affairs
8UnsecuredWorn Out Inc.debtor: Forsport Limited · as of 16 Nov 2018$124KStatement of Affairs
8UnsecuredCanadian Imperial Bank of Commerce · in 67 casesdebtor: Forsport Limited · as of 16 Nov 2018$9.88KStatement of Affairs
8UnsecuredJane Lakatos Business Servicesdebtor: Forsport Limited · as of 16 Nov 2018$1.16KStatement of Affairs
8UnsecuredWS&IB · in 8 casesdebtor: Forsport Limited · as of 16 Nov 2018$438Statement of Affairs
8UnsecuredJuke Technical Servicesdebtor: Forsport Limited · as of 16 Nov 2018$436Statement of Affairs
8UnsecuredHydro One · in 20 casesdebtor: Forsport Limited · as of 16 Nov 2018$348Statement of Affairs
8UnsecuredUnion Gas Limited · in 14 casesdebtor: Forsport Limited · as of 16 Nov 2018$124Statement of Affairs
8UnsecuredTelizon · in 2 casesdebtor: Forsport Limited · as of 16 Nov 2018$56Statement of Affairs
8UnsecuredMallory Fire Systems · in 2 casesdebtor: Forsport Limited · as of 16 Nov 2018$51Statement of Affairs
8UnsecuredCanadian Springs · in 32 casesdebtor: Forsport Limited · as of 16 Nov 2018$33Statement of Affairs
8UnsecuredWaste Management · in 60 casesdebtor: Forsport Limited · as of 16 Nov 2018$1Statement of Affairs
8UnsecuredCanada Revenue Agency · in 926 casesdebtor: Forsport Limited · as of 16 Nov 2018$1Statement of Affairs
8UnsecuredElizabeth Somervilledebtor: Forsport Limited · as of 16 Nov 2018$1Statement of Affairs
8UnsecuredKimberly Brantdebtor: Forsport Limited · as of 16 Nov 2018$1Statement of Affairs
8UnsecuredSandra Johndebtor: Forsport Limited · as of 16 Nov 2018$1Statement of Affairs
RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.Preliminary Report · 6 Dec 2018

ClassCreditorClaimsRecoveryBasisSource
Unsecurednot yet estimatedper the trusteePreliminary Report · 6 Dec 2018

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.

Estate financialsReported figures — never derived
Total assets at filing$5K
Total liabilities at filing$283K

As at 16 Nov 2018 · per as stated and estimated by the officer · entity - Forsport Limited — Deficiency of $278,087.63 stated; secured creditors as per List B reported at 0.00 (balance of secured claims nil, secured creditors nil)

Documents5 filings
DateDocumentFile
Preliminary Report
  • Financial position Liabilities $282K · per Statement of Affairs declared amounts; comparison table also shows claims 'Filed to Date' figures · entity - Forsport Limited (the bankrupt) — Assets: SOA discloses only one asset, 'Machinery and equipment-Estimated to Realize $5,000' (no stated total assets). Liabilities: table shows Unsecured/Total 'Declared Per SOA' = $282,087.63 and 'Filed to Date' = $934.34 (Unsecured filed $834.34); Secured and Preferred rows blank, and Section C states 'A search of the Personal Property Security Registration System shows no secured claims registered against the Bankrupt.'
  • Recovery outcome Entries: per unstated · Stated on: 2018-12-06 · Table missing:
PDF
Notice to Creditors
  • Appointee The Fuller Landau Group Inc.
  • Appointee role trustee
  • Commencement date 19 November 2018
  • Court file no 31-2444971
  • + 2 more extracted facts
PDF
Certificate of Appointment
  • Appointee THE FULLER LANDAU GROUP INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 19 November 2018
  • Court file no 31-2444971
  • + 2 more extracted facts
PDF
Statement of Affairs
  • Appointee The Fuller Landau Group Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 16 November 2018
  • Financial position Assets $5K · Liabilities $283K · as at 16 Nov 2018 · per as stated and estimated by the officer · entity - Forsport Limited — Deficiency of $278,087.63 stated; secured creditors as per List B reported at 0.00 (balance of secured claims nil, secured creditors nil)
  • + 4 more extracted facts
PDF
Proof of ClaimPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Forsport Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/forsport-limited

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/forsport-limited

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.