Larcan Inc.
- Proceeding
- BankruptcyBIA
- File
- 31-OR-205051-T
Larcan Inc. is under bankruptcy administration pursuant to the Bankruptcy and Insolvency Act. Its Statement of Affairs, as at November 4, 2014, sets out total assets of $607,000.00 against total liabilities of $1,586,880.11, leaving a stated deficiency of $979,880.11. Liabilities consist of $1,516,880.11 in unsecured claims (List A) and $70,000.00 in secured claims (List B), the latter held by 35 former employees asserting statutory wage-priority claims of $2,000.00 each, with no value of security stated for these claims. Preferred and contingent claims were both listed at nil. The unsecured creditor list includes trade suppliers and an affiliate, LARCAN USA Inc., owed $529,717.70, with several employees also named as unsecured creditors for wage amounts above the $2,000.00 statutory priority.
Debtor
Larcan Inc.
Trustee in bankruptcy
Dodick Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Associate Judge Jean | Ontario Superior Court of Justice | 1 order, Nov 2014 | 23 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | McCarthy Tétrault LLP | 4 Nov 2014 | Order · 4 Nov 2014 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 35 individual former employees (BIA statutory wage-priority claims: Adamson, Bell, Brocklehurst, Brodeur, Cheung, Churly, Cordingley, D'Angelo, Degenaar, Downe, Gheorghe, Grama, Greenham, Heffler, HonStatutory superpriority claim for unpaid wages (each employee $2,000.00); no particulars of security/value stated in List B — Estimated value of security and surplus both stated as $0.00; balance of claim not indicated. Same individuals also appear as unsecured creditors (List A) for the balance of their wage claims above $2,000. — debtor: Larcan Inc. · as of 4 Nov 2014 | $70K | Notice of Meeting of Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
176 more claims in 1 class 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
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See all plans| Date | Document | File |
|---|---|---|
Motion Record – Returnable
| PDF · Subscribers | |
Notice of Meeting of Creditors
| PDF · Subscribers | |
| Certificate of Bankruptcy | PDF · Subscribers | |
Court Order re Larcan Inc.
| 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., “Larcan Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/larcan-inc