Proceedings.

Impopharma Inc

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Proceeding
NOIBANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED
File
31-458512
Filings held20
Last activity20 Jul 2026
On the record3,025 days
OverviewSummary updated

Impopharma Inc. filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act on July 25, 2018, before the Ontario Superior Court of Justice (Commercial List), under court files 31-458512 and 32-2403547. Its list of creditors records unsecured claims including $3,700,000.04 owed to MidCap Financial Trust, $122,719.08 to RPC Formatec GmbH, $59,381.90 to Pharmaserve (North West) Ltd and $58,512.38 to Nanopharma Ltd. The matter remains active.

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Case updates20 dated entries
Parties

Debtor

Impopharma Inc

Proposal trustee

Richter

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ApplicantImpopharma IncStikeman Elliott LLP2 Aug 2018Order · 2 Aug 2018
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredMidCap Financial Trustas of NOI filing date — Listed as unsecured creditor by the debtor's own listing; c/o MidCap Financial Services, LLC as servicer; classification per document, not independently verified as unsecured — debtor: Impopharma Inc.$3.7MNotice to Creditors of Intention to make a Proposal – dated August 1, 2018
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

26 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

MidCap: a distribution.EstimatedSecond Report of Richter Advisory Group Inc., its Capacity as Proposal… · 28 Sep 2018

ClassCreditorClaimsRecoveryBasisSource
SecuredMidCap—conditionalEstimatedper the proposal trusteeSecond Report of Richter Advisory Group Inc., its Capacity as Proposal… · 28 Sep 2018

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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Documents
20 filings
DateDocumentFile
Order for Discharge Order – dated July 20, 2026Trustee site
Notice of Application for Discharge of Trustee – dated June 2, 2025PDF · Subscribers
Trustee’s report to the First Meeting of the Creditors – dated January 29, 2019PDF · Subscribers
Notice of Bankruptcy, First Meeting of Creditors – dated January 15, 2019PDF · Subscribers
Proof of Claim – dated January 15, 2019PDF · Subscribers
Certificate of Assignment – dated January 8, 2019PDF · Subscribers
Order – dated November 23, 2018
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Motion Record – (returnable November 23, 2018) – dated November 20, 2018
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no 31-458512
PDF · Subscribers
Trustee’s Certificate – dated October 10, 2018PDF · Subscribers
Approval and Vesting Order – dated October 3, 2018
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Second Report of Richter Advisory Group Inc., its Capacity as Proposal Trustee of Impopharma Inc. – dated September 28, 2018
  • Recovery outcome Entries: per unstated · Stated on: 2018-09-28 · Table missing: The proposed MidCap Distribution, subject to this Court's approval, Is outlined in the Trustee's estimated final statement of receipts and disbursement (the "Estimated Final R&D").
PDF · Subscribers
Endorsement – dated September 20, 2018PDF · Subscribers
Order – dated September 20, 2018
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Order – dated August 2, 2018
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Notice to Creditors of Intention to make a Proposal – dated August 1, 2018
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
First Report of Richter Advisory Group Inc., in its Capacity as Proposal Trustee of Impopharma Inc. – dated July 31, 2018
  • Recovery outcome Entries: per estimated · Table missing:
PDF · Subscribers
Book of Authorities of the Applicant (Returnable on August 2, 2018) – dated July 30, 2018PDF · Subscribers
Factum of the Applicant (Returnable August 2, 2018) – dated July 30, 2018PDF · Subscribers
Motion Record (Returnable on August 2, 2018) – dated July 26, 2018
  • Commencement date 25 July 2018
  • Court SUPERIOR COURT OF JUSTICE (COMMERICAL LIST)
  • Court file no 32-2403547
  • Proceeding type bia_noi
  • + 2 more extracted facts
PDF · Subscribers
Certificate of filing of a Notice of Intention to make a Proposal – dated July 25, 2018PDF · Subscribers

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

CiteProceedings., “Impopharma Inc” (NOI), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/impopharma-inc

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