Furla Canada Inc.

Active

Proceeding: Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File: 31-2981996

Filings held5

Last activity21 Sep 2023

On the record1,117 days

OverviewSummary updated 24 August 2026

Furla Canada Inc. became bankrupt on August 31, 2023 under section 49 of the Bankruptcy and Insolvency Act, with Richter Inc. named as trustee under estate file 31-2981996 in Ontario. Its statement of affairs reported total assets of $642,556.00 against total liabilities of $3,505,462.56, a stated deficiency of $2,862,906.56. Its parent, Furla SpA, is listed with two unsecured claims of $2,409,193.87 and $535,500.00; Halcyon Brands is owed $514,500.00 and the Canada Revenue Agency $40,000.00. The matter remains active.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

FormProof of claim and Proxy

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Case updates4 dated entries · 1 undated

21 Sep 2023

#Report

Trustee’s Preliminary Report – dated September 21 2023 — Court officer report

PDF

31 Aug 2023

#Claims

A claims procedure was approved.

Source: Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023

31 Aug 2023

#Report

A court officer report fixed the time of bankruptcy at 16:49 on August 31, 2023.

Source: Certificate of Appointment – dated August 31, 2023

31 Aug 2023

#Claims

Records that Furla Canada Inc. became bankrupt on August 31, 2023.

Source: Proof of claim and Proxy

Undated filings1 — no date appears on the document · show

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Claims

Registration Form for the First Meeting of Creditors — Meeting of creditors

PDF

Parties

Debtor

Furla Canada Inc.

Trustee in bankruptcy

Richter

Capital structureAs asserted in the filings

stated amounts, drawn to scale

Priority class	Creditor	Amount	Source
Unsecured	Furla SpARelated party (parent company); separate line item from another Furla SpA claim above — debtor: Furla Canada Inc. · as of 31 Aug 2023	$2.41M	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Furla SpARelated party (parent company); listed separately from another Furla SpA claim below — debtor: Furla Canada Inc. · as of 31 Aug 2023	$536K	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Halcyon Brandsdebtor: Furla Canada Inc. · as of 31 Aug 2023	$515K	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Canada Revenue Agency · in 926 casesdebtor: Furla Canada Inc. · as of 31 Aug 2023	$40K	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Templeton Doc Limited Partnership · in 4 casesdebtor: Furla Canada Inc. · as of 31 Aug 2023	$4.29K	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Simon Property Groupdebtor: Furla Canada Inc. · as of 31 Aug 2023	$1.17K	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023
Unsecured	Toronto Hydro · in 37 casesdebtor: Furla Canada Inc. · as of 31 Aug 2023	$814	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023

Estate financialsReported figures — never derived

Total assets at filing$643K

Total liabilities at filing$3.51M

As at 31 Aug 2023 · per Statement of Affairs (Form 78), as stated and estimated by the officer · Furla Canada Inc. (single entity) — Secured creditors per list B stated as NIL/0.00 in Statement of Affairs; deficiency of $2,862,906.56 reported.

Documents5 filings

Date	Document	File
21 Sep 2023	Trustee’s Preliminary Report – dated September 21 2023 Financial position per Statement of Affairs (Company's own estimate) · Furla Canada Inc. (single entity) — Assets stated only by category, no totals given: 'Furla Canada's assets included: (i) funds on deposit with financial institutions, and (ii) the Company's retail inventory'. No known secured creditors and no known preferred creditors per Statement of Affairs. Approximately six unsecured creditors with claims totalling approximately $3.5 million, excluding landlord and employee termination/severance claims. Trustee notes estimated realizations are not expected to satisfy amounts owed to creditors.	PDF

7 Sep 2023	Notice of Bankruptcy, First Meeting of Creditors – dated September 7, 2023 Appointee Richter Inc. Appointee role trustee Commencement date 31 August 2023 Financial position Assets $643K · Liabilities $3.51M · as at 31 Aug 2023 · per Statement of Affairs (Form 78), as stated and estimated by the officer · Furla Canada Inc. (single entity) — Secured creditors per list B stated as NIL/0.00 in Statement of Affairs; deficiency of $2,862,906.56 reported. + 4 more extracted facts	PDF

31 Aug 2023	Certificate of Appointment – dated August 31, 2023 Appointee Richter Inc. Appointee role trustee Commencement date 31 August 2023 Court file no 31-2981996 + 1 more extracted fact	PDF

31 Aug 2023	Proof of claim and Proxy Appointee Richter Inc. Appointee role Trustee Commencement date 31 August 2023 Province Ontario + 1 more extracted fact	PDF

—	Registration Form for the First Meeting of Creditors	PDF

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

CiteProceedings., “Furla Canada Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/furla-canada-inc