John Torode and TRL Capital Inc
Follow- Proceeding
- NOIBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- File
- 25-093830, 25-093828
John Torode and TRL Capital Inc are the subject of a notice of intention to make a proposal under the Bankruptcy and Insolvency Act.
A claims procedure has been established — see the order for deadlines.
Per the Notice of Motion - Claims Process and Stay Extension dated 25 August 2009.
The court granted an approval and vesting order for the sale to GBP Holdings Inc.
Source: Order - Approval and Vesting
Notice of Motion, returnable was filed. Court file 25-093830, 25-093828.
Source: Notice of Motion, returnable
Debtor
John Torode and TRL Capital Inc
Proposal trustee
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Horner | Court of King's Bench of Alberta | 3 orders, Aug 2009 – Nov 2009 | 50 cases on record |
Counsel of record
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesDocument names no individual creditors; final dividend of 0.22% ($22,454.66 less levy of $1,122.73 = $21,331.93) distributed — debtor: TRL Capital Inc. | $10.2M | Final Statement of Receipts and Disbursements - 2021 |
2 transactions · 2 approved — the sale of the Purchased Assets to John Bradley Hunter authorized and approvedOrder · 13 Nov 2009
| Purchaser | Price | Status | Source |
|---|---|---|---|
| GBP Holdings Inc.the Debtor's limited partnership units in the HI Hotel Limited Partnership (the "Purchased Assets") · asset sale | not stated | Approved28 Sep 2009 | Order - Approval and Vesting |
| John Bradley Hunterthe Debtor's ownership interest in the residential condominium unit and two parking stalls · real property | not stated | Approved13 Nov 2009 | Order |
Unsecured creditors: $21.3K. John Torode 1 % · TRL Capital Inc. 50 %.FinalFinal Statement of Receipts and Disbursements - 2021 · 30 Sep 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planper the trustee | 4. Fourth Trustee's Report to Creditors · 12 Nov 2009 |
| Unsecured | — | $10.2Mproven | $21.3Kfinal | Finalper the trustee | Final Statement of Receipts and Disbursements - 2021 · 30 Sep 2021 |
| UnsecuredUnsecured Creditors of Mr. Torode | John Torode | — | 1 % | Estimatedper the trustee | 4. Fourth Trustee's Report to Creditors · 12 Nov 2009 |
| Unsecured | TRL Capital Inc. | — | 50 % | Estimatedper the trustee | 4. Fourth Trustee's Report to Creditors · 12 Nov 2009 |
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.
As at 27 Nov 2009 · per Value as per Statement of Affairs (declared by bankrupt) · Individual bankrupt estate (John Torode), non-consolidated — Liabilities reported separately, not summed: Secured (declared) $2,751,208.90, Unsecured (declared) $3,894,261; Proven amounts for both categories listed as 'Unknown'. Note 1 states an additional $179,527,511 in contingent liabilities was declared. Asset TOTAL row shows Value as per Statement of Affairs $2,702,829, with a separate 'Estimate of assets to be realized' total of $3,208,879 (a forecast, not the stated position) and no total given for 'Amount realized'.
| Date | Document | File |
|---|---|---|
Final Statement of Receipts and Disbursements - 2021
| ||
| Application for Taxation - BLG, returnable | ||
Trustee's Report on the Bankrupt's Application for Discharge
| ||
| Order for Appointment of Joint Trustee | ||
| Second Report of the Trustee | ||
| First Report of Trustee | ||
Notice of Motion
| ||
4. Fourth Trustee's Report to Creditors
| ||
Order
| ||
Order - Stay Extension
| ||
| 3. Third Trustee's Report to Creditors | ||
Order - Approval and Vesting
| ||
Notice of Motion, returnable
| ||
| 2. Second Trustee's Report to Creditors | ||
| Affidavit of John Torode, sworn | ||
Stay Extension Order
| ||
| 1. First Trustee's Report to Creditors | ||
| Affidavit of John Torode | ||
Notice of Motion - Claims Process and Stay Extension
| ||
| John Torode - Cash Flow Statement, Filed | ||
| TRL Capital Inc - Cash Flow Statement, Filed | ||
Notice of Intention - John Torode
| ||
| Notice of Intention - TRL Capital | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “John Torode and TRL Capital Inc” (NOI), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/john-torode-and-trl-capital-inc