Proceedings.

JLA Electric Wholesale and Distribution Inc.

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Proceeding
BankruptcySection 67(b), of the Bankruptcy and Insolvency Act
File
32-2940170
Filings held3
Last activity24 May 2023
On the record1,285 days
OverviewSummary updated

JLA Electric Wholesale and Distribution Inc. has been bankrupt since May 3, 2023, when it filed or was deemed to have filed an assignment, with MNP Ltd. acting as trustee under court file 32-2940170 in Ontario. The estate is administered on the basis of section 67(b) of the Bankruptcy and Insolvency Act. Royal Bank of Canada held general security registered against all of JLA's assets; as at the date of bankruptcy the trustee was advised the RBC debt had been repaid in full and the security discharged, and RBC has filed no claim. The Statement of Affairs records unsecured claims of $356,618, against which proofs of claim totalling $14,324 have been received to date. The proceeding remains active.

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Case updates3 dated entries
Parties

Debtor

JLA Electric Wholesale and Distribution Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada (RBC) · in 586 casesas of date of bankruptcy (May 3, 2023) — General security registered against all assets of JLA — Advised the RBC debt has been repaid in full; discharged/repaid security, no longer current; no claim received to date — debtor: JLA Electric Wholesale and Distribution Inc.—Preliminary Report of Trustee
8Unsecured

1 more claim in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount.

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“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

RecoveriesAs stated in the filings

Unsecured creditors: a distribution.EstimatedPreliminary Report of Trustee · 23 May 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecured——Estimatedper the trusteePreliminary Report of Trustee · 23 May 2023

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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Documents3 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 3 May 2023
  • Court file no 32-2940170
  • + 7 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 3 May 2023
  • Court file no 32-2940170
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Commencement date 3 May 2023
  • Court file no 32-2940170
  • Financial position Subscribers
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., “JLA Electric Wholesale and Distribution Inc.” (Bankruptcy). Retrieved 7 November 2026, https://proceedings.ca/case/jla-electric-wholesale-and-distribution-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/jla-electric-wholesale-and-distribution-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.