Proceedings.

Kaloom Inc.

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Active
Proceeding
Receivership (court-appointed)Article 243 de la Loi sur la faillite et l’insolvabilité
File
500-11-062601-238
Filings held13
Last activity19 Oct 2023
On the record1,165 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates13 dated entries

10 earlier updates, back to 14 July 2023 subscribers.

Parties

Debtor

Kaloom Inc.

Receiver

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Judge GosselinSuperior Court of Québec1 order, Jul 202350 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantLavery, De Billy, LLP14 Jul 2023Order · 14 Jul 2023
CreditorInvestissement QuébecLavery, De Billy, LLP13 Jul 2023Application · 13 Jul 2023
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredSecured creditors (aggregate as reported) · in 35 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$53.7MNotice and statement of the Receiver [ ]

This 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.

1 more claim across lower-ranking classes

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Sale processAs stated in the filings

3 transactions · 2 proposed · 1 closedThe 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

PurchaserPriceStatusSource
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 salenot statedProposedTrustee'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 2023SealedProposedReport of the Receiver for Issuance of an…
15385105 Canada Inc.the Transactionnot statedClosed19 Oct 2023Certificate of the Receiver [ ]
AdvisorsAtlas Technologiques Group (financial advisor)Trustee's Report to the Firs Meeting of Creditors (In French only) [ ]
Documents
13 filings
DateDocumentFile
Certificate of the Receiver [ ]
  • Closing confirmed Closed · 19 Oct 2023 · 15385105 Canada Inc.
PDF · Subscribers
Approval and Vesting Order [ ]
PDF · Subscribers
Report of the Receiver for Issuance of an Approval and Vesting order [ ]
  • Process results 60 solicited · 6 NDAs · 2 LOIs · 1 bids · as of 30 Aug 2023
  • Purchaser Somel Technologies Inc. · nominee/assignee an entity to be created · 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 · proposed
  • Sale outcome Approval pending — The Receiver supports the Debtor's motion for the issuance of the Approval and Vesting Order
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Receiver's Application for Issuance of an Approval and vesting orderPDF · Subscribers
Trustee's Report to the Firs Meeting of Creditors (In French only) [ ]
  • Process results 60 solicited · 6 NDAs · 2 LOIs · 1 bids · as of 30 Aug 2023
  • Purchaser acquéreur sélectionné, non nommé · l'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 · proposed
  • Sale advisor Atlas Technologiques Group (financial advisor)
  • Sale outcome Approval pending — acceptation de l'offre de l'acquéreur sélectionné, sujette à vérification diligente et approbation du Tribunal
  • + 1 more extracted fact
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 [ ]
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Sales and investment solicitation process Terms and conditionsPDF · Subscribers
Order appointing a receiver (In French only)
  • Applicant INVESTISSEMENT QUÉBEC
  • Appointee KPMG Inc.
  • Appointee role séquestre
  • Commencement date 14 July 2023
  • + 7 more extracted facts
PDF · Subscribers
Motion for the appointment of a Receiver (In French only)
  • Applicant INVESTISSEMENT QUÉBEC
  • Appointee KPMG INC.
  • Appointee role séquestre
  • Counsel Lavery, De Billy, s.e.n.c.r.l.
  • + 3 more extracted facts
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 20 September 2026, https://proceedings.ca/case/kaloom-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/kaloom-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.