Legible Media Inc.
Follow- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 11-3274405
Legible Media Inc. went into bankruptcy on September 18, 2025 at 14:34 under section 49 of the Act and Rule 85, with Crowe Mackay & Company Ltd as trustee. The British Columbia estate is carried under court file 11-3274405 and remains active. The Statement of Affairs as at September 18, 2025, as stated and estimated by the bankrupt, reports total assets of $1.00 against total liabilities of $6,980,595.60 and a deficiency of $6,980,594.60. Unsecured creditors account for $6,478,089.85, contingent and trust claims $502,504.75, secured creditors $1.00 and preferred creditors $0.00. The unsecured register is built on promissory notes, unpaid wages and trade payables, the largest being $1,671,328.97 owed to Jaret Wilson on promissory notes.
Legible Media became bankrupt at 14:34, placing its estate under Crowe Mackay & Company Ltd as trustee and fixing the September 18, 2025 statement of affairs.
Source: Certificate of Filing
Debtor
Legible Media Inc.
Trustee in bankruptcy
Crowe MacKay
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Secured creditors (aggregate as reported) · in 35 casesStatement of Affairs reports total secured creditors as $1.00; document names no individual secured creditor. Detailed liability list (pp.3-17) shows all itemized claims with $0.00 in the 'Secured' column, so the $1.00 aggregate secured figure on the summary page cannot be attributed to any named creditor. — debtor: Legible Media Inc. · as of 18 Sep 2025 | $1 | Notice of Bankruptcy |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Certificate of Filing
| PDF · Subscribers | |
Notice of Bankruptcy
| 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., “Legible Media Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/legible-media-inc