Proceedings.

Healthology International Inc.

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Proceeding
BankruptcyBANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c B-3, AS AMENDED
Court
Ontario Superior Court of Justice
File
BK-25-03224866-0032
Industry
Wholesale & distribution · Consumer goods import & distribution
Filings held9
Last activity9 Jul 2025
On the record484 days
Secured debtSubscribers
OverviewSummary updated

Healthology International Inc. is the subject of an active bankruptcy proceeding before the Ontario Superior Court of Justice, Commercial List (in Bankruptcy and Insolvency), under court file number BK-25-03224866-0032. No dated milestones have been recorded on this page.

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Case updates9 dated entries
Parties

Debtor

Healthology International Inc.

Trustee in bankruptcy

Baigel Corp.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KimmelOntario Superior Court of Justice3 orders, Jul 2025198 cases on record

Counsel of record

PartyCounselFirst seenSource
Trustee in bankruptcyBaigel Corp.Capstone Legal3 Jul 2025Service list · 3 Jul 2025
PurchaserCohen Buchan Edwards LLP3 Jul 2025Service list · 3 Jul 2025
CreditorHOOPP Realty IncPallett Valo LLP3 Jul 2025Service list · 3 Jul 2025
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredThomas Austin BedfordGeneral Security Agreement dated February 18, 2025 securing (a) Grid Note dated June 8, 2021, principal $890,000.00, and (b) Note #1 (November 1, 2020), original principal $1,585,430.08, of which $456,804.42 repaid, leaving outstanding principal of $1,128,625.66 as of February 18, 2025; PPSA registration No. 20250218 1018 1590 8374 (10-year period), blanket collateral: Inventory, Equipment, Accounts, Other, Motor Vehicle — Related party: Bedford identifies himself as 'Owner' on Proof of Claim; Note #1 was originally styled an 'Unsecured Note' but was later secured under the GSA. Debt stated du · as of 19 May 2025$1.9MMotion Record of the Trustee – Volume 2 of 2 – Returnable 9 July 2025
4Secured
4Secured
5PMSI / lessors

3 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.

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Sale processPer the transactions

Sale approvedApproval and Vesting Order · 9 Jul 2025

Bid deadline (round closed)

24 June 2025

Opportunity Teaser

PurchaserPriceStatusSource
Healthology Nutraceutical Inc.the assets described in the Bill of Sale (the "Purchased Assets") · asset sale · nominee/assignee: Prairie Naturals Health Products Inc.SealedApproved9 Jul 2025Ancillary Relief Order
AdvisorsBaigel Corp. (sale agent)Opportunity Teaser
Closing termsVesting effective upon delivery of Trustee's Certificate confirming payment of purchase price, satisfaction/waiver of conditions, and completion of transaction.Approval and Vesting Order
Sealed materialsConfidential Supplement including unredacted Bill of Sale and summary of offersAncillary Relief Order
Documents
9 filings
DateDocumentFile
Ancillary Relief Order
  • Order date 9 July 2025
  • Presiding officer Justice Kimmel
  • Purchaser Healthology Nutraceutical Inc. · the assets described in the Bill of Sale · asset sale · approved
  • Sealed items Confidential Supplement including unredacted Bill of Sale and summary of offers
  • + 1 more extracted fact
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting effective upon delivery of Trustee's Certificate confirming payment of purchase price, satisfaction/waiver of conditions, and completion of transaction.
  • Commencement date 9 July 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Court file no BK-25-03224866-0032
  • + 5 more extracted facts
PDF · Subscribers
Endorsement of Justice Kimmel
  • Presiding officer Justice Kimmel
PDF · Subscribers
Motion Record of the Trustee – Volume 1 of 2 – Returnable 9 July 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Court file no BK-25-03224866-0032
  • Proceeding type bia_bankruptcy
  • Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record of the Trustee – Volume 2 of 2 – Returnable 9 July 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Court file no BK-25-03224866-0032
  • Province ONTARIO
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Factum of the Trustee
  • Counsel Capstone Legal
PDF · Subscribers
Service List
  • Counsel Capstone Legal
PDF · Subscribers
Opportunity Teaser
  • Bid deadline 24 June 2025
  • Sale advisor Baigel Corp. (sale agent)
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Healthology International Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/healthology-international-inc

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Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/healthology-international-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.