Gross Capital Inc.

Gross Capital Inc. has been in bankruptcy proceedings under the Bankruptcy and Insolvency Act since October 31, 2022 in the Ontario Superior Court of Justice, carried under estate file 31-2747949 and court file CV-23-00701647-0000. The proceeding remains active. A preliminary list of creditors drawn from the company's own records as at June 25, 2021 shows unsecured claims ranging from $10,000 to $2,550,000, owed largely to individuals, family trusts and numbered Ontario and Canada companies; among the largest are Jules Gross Limited at $2,550,000, 9556290 Canada Inc at $2,500,000, Jerry and Louise Diiorio at $2,100,000 and the Wallace K. Tsuha Trust at $2,000,000. Secured creditors listed include Canadian Imperial Bank of Commerce, Business Development Bank of Canada, Computershare Trust Company of Canada and Meridian One Cap Credit Corp., each with the amount due shown as undetermined.