KodaCloud Canada Inc
- Proceeding
- Bankruptcysection 49(1) of the Bankruptcy and Insolvency Act (Canada)
- File
- 33-2675435
KodaCloud Canada Inc.'s insolvency proceedings show a Statement of Affairs sworn as at September 24, 2020, listing total assets of $331,950.82 in cash against total liabilities of $9,735,822.98, a stated deficiency of $9,403,872.16. The statement was sworn by Michael A. Maidy, manager of KodaCloud (Assignment for the Benefit of Creditors), LLC, acting as assignee for the benefit of creditors of KodaCloud, Inc. Secured claims from Voyager Capital and Celtic House, each valued at $2,103,938.32 against security of $165,975.41, carry deficiencies of $1,937,962.91 apiece into the unsecured pool, alongside smaller secured claims from Huw Rees, Derek South, Marcel Chenier and Bernard Herscovici with no security value assigned. Unsecured claims also include $667,000.00 owed to the Receiver General of Canada for the National Research Council, plus amounts owed to Deloitte LLP, Labarge Weinstein, Staples Boucherville and Allstream.
A claims procedure has been established — see the order for deadlines.
Trustee's Report to the First Meeting of Creditors on Preliminary Administration — Court officer report
Undated filings1 — no date appears on the document · show
Debtor
KodaCloud Canada Inc
Trustee in bankruptcy
KPMG
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Celtic HouseCash on Hand - Cash on hand — Estimated value of security $165,975.41; balance of claim (deficiency not covered by security) of $1,937,962.91 carried into unsecured total (bifurcated secured/unsecured by security valuation). See corresponding List A Total claim of $4,145,434.53. — debtor: KodaCloud Canada Inc. · as of 24 Sep 2020 | $2.1M | Notice to Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
16 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Minutes of First Meeting of Creditors
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Certificate of Assignment date September 28, 2020
| PDF · Subscribers | |
Trustee's Report to the First Meeting of Creditors on Preliminary Administration
| PDF · Subscribers | |
Proof of Claim Form
| 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., “KodaCloud Canada Inc” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/kodacloud-canada-inc