Kaloom Inc.
- Proceeding
- Receivership (court-appointed)Article 243 de la Loi sur la faillite et l’insolvabilité
- File
- 500-11-062601-238
Kaloom Inc. is subject to a receivership under the Bankruptcy and Insolvency Act. The receiver's notice and statement, filed under sections 245(1) and 246(1) of the BIA, reports the property taken into possession as at July 14, 2023: cash and short-term investments of $1,556,000, receivables of $8,118,000, prepaid expenses of $293,000, property and equipment of $900,000, and intangible assets of $244,000, with no total assets figure stated. The same filing reports aggregate secured claims of $53,654,062 and aggregate other/unsecured claims of $2,618,311, without naming individual creditors or security holders or stating combined liabilities.
Report of the Receiver for Issuance of an Approval and Vesting order [ ] — Court officer report
Receiver's Application for Issuance of an Approval and vesting order — Approval and vesting order
The officer filed a report. Kaloom no longer operates: after an unsuccessful investment/sale solicitation process, a receiver was appointed in July 2023 and employees were terminated in August 2023. The estate's remaining assets are mainly R&D tax credits receivable, and an offer for the intellectual property and equipment is pending court approval.
Source: Trustee's Report to the Firs Meeting of Creditors (In French only) [ ]
Certificate of the Notice of Intention to make a Proposal (NOI) (In French only) [ ] — NOI certificate of filing
Motion for the appointment of a Receiver (In French only) — Application / notice of application
Debtor
Kaloom Inc.
Receiver
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Registrar Gosselin | Superior Court of Québec | 1 order, Jul 2023 | 81 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Lavery, De Billy, LLP | 14 Jul 2023 | Order · 14 Jul 2023 |
| CreditorInvestissement Québec | Lavery, De Billy, LLP | 13 Jul 2023 | Application · 13 Jul 2023 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate as reported) · in 37 casesReceiver's Notice and Statement (s.245(1)/246(1)) reports only the aggregate amount owed to creditors holding security on the described property; no individual secured creditors or security instruments are named in this filing. — debtor: Kaloom Inc. · as of 14 Jul 2023 | $53.7M | Notice and statement of the Receiver [ ] |
| 8 | Unsecured |
1 more claim in 1 class The stack holds Secured and Unsecured claims.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
3 transactions · 2 proposed · 1 closed — The Receiver supports the Debtor's motion for the issuance of the Approval and Vesting OrderReport of the Receiver for Issuance of an Approval and Vesting order [ ] · 16 Oct 2023
| Purchaser | Price | Status | Source |
|---|---|---|---|
| acquéreur sélectionné, non nommél'acquisition de la propriété intellectuelle de Kaloom, la liste des clients et des fournisseurs, tout matériel tel que les serveurs et équipement de bureau, tous les documents, y compris les registres de propriété, les plans, les études, les spécifications, les polices d'assurance et tous les autres documents, l'inventaire ainsi que tous les sites web, noms de domaine, adresses IP, numéros de téléphone et de fax · asset sale | not stated | Proposed | Trustee's Report to the Firs Meeting of… |
| Somel Technologies Inc.the acquisition of Kaloom's intellectual property, customer and supplier lists, all hardware such as servers and office equipment as well as all websites, domain names, IP addresses, telephone, and fax numbers · asset sale · nominee/assignee: an entity to be created · agreement 30 Aug 2023 | Sealed | Proposed | Report of the Receiver for Issuance of an… |
| 15385105 Canada Inc.the Transaction | not stated | Closed19 Oct 2023 | Certificate of the Receiver [ ] |
| Date | Document | File |
|---|---|---|
Certificate of the Receiver [ ]
| PDF · Subscribers | |
Approval and Vesting Order [ ]
| PDF · Subscribers | |
Report of the Receiver for Issuance of an Approval and Vesting order [ ]
| PDF · Subscribers | |
| Receiver's Application for Issuance of an Approval and vesting order | PDF · Subscribers | |
Trustee's Report to the Firs Meeting of Creditors (In French only) [ ]
| PDF · Subscribers | |
Notice of bankruptcy and first meeting of creditors [ ]
| PDF · Subscribers | |
| Certificate of bankruptcy (In French only) [ ] | PDF · Subscribers | |
Creditor package [ ]
| PDF · Subscribers | |
| Certificate of the Notice of Intention to make a Proposal (NOI) (In French only) [ ] | PDF · Subscribers | |
Notice and statement of the Receiver [ ]
| PDF · Subscribers | |
| Sales and investment solicitation process Terms and conditions | PDF · Subscribers | |
Order appointing a receiver (In French only)
| PDF · Subscribers | |
Motion for the appointment of a Receiver (In French only)
| 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., “Kaloom Inc.” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/kaloom-inc