Proceedings.

Fortuna Fix inc.

Follow
Active
Proceeding
NOIAlinéa 50.4(8)(b) de la loi
File
540-11-010898-205
Filings held6
Last activity14 Apr 2020
On the record2,376 days
OverviewSummary updated

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.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates6 dated entries
#Report

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.

Source: Trustee's preliminary report to creditors

3 earlier updates, back to 20 March 2020 subscribers.

Parties

Debtor

Fortuna Fix inc.

Proposal trustee

Deloitte

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredFortuna Fix LimitedRelated party; c/o McCarthy Tetrault, UK address - possibly affiliated entity given name similarity — debtor: Fortuna Fix inc. · as of 20 Mar 2020$8.37MNotice of Bankruptcy and first Meeting of Creditors
19 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.Trustee's preliminary report to creditors · 14 Apr 2020

ClassCreditorClaimsRecoveryBasisSource
Unsecurednot yet estimatedper the trusteeTrustee'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.

Estate financialsReported figures — never derived

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

Documents6 filings
DateDocumentFile
Trustee's preliminary report to creditors
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Trustee
  • Commencement date 20 March 2020
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and first Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate for the bankruptcyPDF · Subscribers
Report of the Trustee on non-filling of Proposal
  • Appointee Restructuration Deloitte Inc.
  • Appointee role syndic
  • Commencement date 18 February 2020
  • Court file no 540-11-010898-205
  • + 2 more extracted facts
PDF · Subscribers
Notice of intention to make a ProposalPDF · Subscribers
Certificate of FillingPDF · 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

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/fortuna-fix-inc

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.