The officer filed a report. Fortuna Fix Inc., a pre-revenue pharmaceutical research company, became insolvent after its parent company stopped funding it and its remaining employees and directors resigned in December 2019; the Trustee has taken possession of records, opened a trust account, and is administering the bankrupt estate with no ongoing business operations. Court file 540-11-010898-205.
Fortuna Fix inc.
Follow- Proceeding
- NOIAlinéa 50.4(8)(b) de la loi
- File
- 540-11-010898-205
Fortuna Fix Inc. commenced insolvency proceedings by notice of intention on February 18, 2020 in the Superior Court of Québec under court file 540-11-010898-205, with Restructuration Deloitte Inc. acting as syndic. The stated statutory basis is alinéa 50.4(8)(b) de la loi. A Statement of Affairs (Form 78) as at March 20, 2020, as stated and estimated by the officer, puts total assets at CAD 164,959.00 against total liabilities of CAD 9,980,074.66, all of it unsecured under list A, with no secured, preferred or contingent claims listed and a stated deficiency of CAD 9,815,115.66. The largest claim is CAD 8,368,332.01 owed to Fortuna Fix Limited, a related party care of McCarthy Tétrault at a UK address, followed by BTL Construction Inc at CAD 1,052,337.89. The matter remains active.
3 earlier updates, back to 20 March 2020 — subscribers.
Debtor
Fortuna Fix inc.
Proposal trustee
Deloitte
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Fortuna Fix LimitedRelated party; c/o McCarthy Tetrault, UK address - possibly affiliated entity given name similarity — debtor: Fortuna Fix inc. · as of 20 Mar 2020 | $8.37M | Notice of Bankruptcy and first Meeting of Creditors |
Unsecured creditors: not yet estimated.Trustee's preliminary report to creditors · 14 Apr 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | Trustee's preliminary report to creditors · 14 Apr 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$203K
As at 14 Apr 2020Trustee's preliminary report to creditors
| Date | Document | File |
|---|---|---|
Trustee's preliminary report to creditors
| PDF · Subscribers | |
Notice of Bankruptcy and first Meeting of Creditors
| PDF · Subscribers | |
| Certificate for the bankruptcy | PDF · Subscribers | |
Report of the Trustee on non-filling of Proposal
| PDF · Subscribers | |
| Notice of intention to make a Proposal | PDF · Subscribers | |
| Certificate of Filling | 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., “Fortuna Fix inc.” (NOI), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/fortuna-fix-inc