Hy-Power Coatings Inc.
Follow- Proceeding
- Proposalsubsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 32-2312455
Hy-Power Coatings Inc. is the subject of Division I proposal proceedings under the Bankruptcy and Insolvency Act, commenced on November 6, 2017 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) under court file no. 32-2312455. The proceeding is recorded as active. Beyond commencement, the record carries no dated milestones: no filings, orders or reports have been entered, and nothing here fixes the proceeding at a particular stage of the proposal process. This page will be updated as material steps are recorded.
2 earlier updates, back to 6 November 2017 — subscribers.
Debtor
Hy-Power Coatings Inc.
Proposal trustee
Dodick Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Preferred (BIA s. 136) | Employee Preferred Claims (aggregate, unnamed employees)as of Date of Filing (NOI filing date, November 6, 2017) — Approximate figure ('approximately $28,000'); preferred claim under Section 136(1) of the Act, ranks ahead of ordinary unsecured; document names no individual employees — debtor: Hy-Power Coatings Limited | $28K | Creditors’ Package |
Unsecured creditors: a distribution. CRA paid in full.Under the plan · vote pendingCreditors’ Package · 5 Dec 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
| Secured | — | — | paid in full | Under the planvote pendingper the debtor | Proposal · 5 Dec 2017 |
| Preferred | — | — | paid in full | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
| Unsecured | — | — | a distribution | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
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.
| Date | Document | File |
|---|---|---|
Notice of Default in Performance of Proposal
| PDF · Subscribers | |
Creditors’ Package
| PDF · Subscribers | |
| Certificate For Filing a Proposal | PDF · Subscribers | |
Proposal
| PDF · Subscribers | |
Notice of Intention to File a Proposal
| 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., “Hy-Power Coatings Inc.” (Proposal), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/hy-power-coatings-inc