Guardyan Conservation Corp.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 25-3331294
Guardyan Conservation Corp. filed a Statement of Affairs (Form 78) as at February 9, 2026 reporting total assets of $8,375.68 against total liabilities of $2,663,679.36, a deficiency of $2,655,303.68, with no secured creditors listed. The largest unsecured claim is $1,750,001.00 owed to Vivid Theory, described as arising from a lawsuit the company could no longer afford to defend, comprising $1.00 unsecured and $1,750,000.00 contingent. Other unsecured claims include $700,000.00 to Fahd Zaidi, $147,015.39 in shareholder loans to director Jana McDonald, who signed the Statement of Affairs, $31,000.00 to the Calgary Flames Association, $16,908.76 to McLeod & Company LLP, a CRA deemed-trust payroll claim of $18,751.21, and nominal $1.00 claims from CRA (corporate taxes), Kaila Stepanic, and Foster Richmond LLP.
Debtor
Guardyan Conservation Corp.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Vivid TheoryLitigation/legal costs and awards - contingent claim from lawsuit against Guardyan (per reasons for insolvency: 'Company was sued by Vivid Theory and Guardyan ran out of money to defend the claim'); $1.00 unsecured plus $1,750,000.00 contingent, total amount of claim $1,750,001.00; disputed/contingent, security valuation not applicable — debtor: Guardyan Conservation Corp. · as of 9 Feb 2026 | $1.75M | Creditor Package |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditor Package
| 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., “Guardyan Conservation Corp.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/guardyan-conservation-corp