Proceedings.

Immerse LTD.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
33-3239355
Filings held1
Last activity24 Jun 2025
On the record454 days
Secured debtSubscribers
OverviewSummary updated

Immerse Ltd. became bankrupt on June 24, 2025 in Ontario, with Goldhar & Associates Ltd. named as trustee under estate file 33-3239355. Its statement of affairs, sworn as at June 23, 2025, reported total assets of $2.00 against total liabilities of $476,647.62, a stated deficiency of $476,645.62. Listed unsecured claims include $150,000.00 owed to Lloyd Dalyrmple on a business loan, $79,999.00 to BMO Financial Group, $60,094.45 to the Canada Revenue Agency for HST and $60,000.00 to Export Development Canada. The matter remains active.

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Case updates1 dated entry
Parties

Debtor

Immerse LTD.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBMO Financial Group · in 18 casesAsset securing the liability: item 101 (deposits in financial institutions); HASCAP loan, total claim $80,000.00, of which $79,999.00 unsecured and $1.00 secured — Statement of Affairs as sworn; secured portion is $1.00 per the liabilities table — debtor: Immerse Ltd. · as of 23 Jun 2025$1Notice of Bankruptcy and First Meeting of Creditors including creditors package.
18 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents1 filing
DateDocumentFile
Notice of Bankruptcy and First Meeting of Creditors including creditors package.
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 24 June 2025
  • Court file no 33-3239355
  • + 5 more extracted facts
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CiteProceedings., “Immerse LTD.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/immerse-ltd

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/immerse-ltd

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.