#Claims
Meeting of creditors held on the 25th day of January 2024, the date from which the bankruptcy of London Business Machines Inc. runs, with MNP Ltd. as trustee.
Source: Creditors Package
London Business Machines Inc
FollowActive
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 35-3034759
Filings held3
Last activity25 Jan 2024
On the record970 days
OverviewSummary updated
London Business Machines Inc. is in bankruptcy under the Bankruptcy and Insolvency Act in Ontario, with MNP Ltd. as trustee, under court file 35-3034759. The bankruptcy dates from January 25, 2024, when the meeting of creditors was held. The trustee reports that there are no creditors with security registered on the Ontario Personal Property Security Registry, and that deemed trust claims and secured and preferred claims are nil both per the Statement of Affairs and as proven. Liabilities per the Statement of Affairs total $139,555, all unsecured, while proofs of claim proven to date total $120,934. No individual creditors are named. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Second report on the record fixed the commencement more precisely, recording the time as 08:18 on January 25, 2024.
Source: Certificate of Appointment
#Report
Court officer report placed the start of the proceeding at January 25, 2024, the date now carried on the file as the commencement date.
Source: Preliminary Report of Trustee
Parties
Debtor
London Business Machines Inc
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Document names no individual creditors; proofs of claim proven to date total $120,934 (labelled as proven amount, separate from Statement of Affairs figure) — debtor: London Business Machines Inc. | $140K | Preliminary Report of Trustee |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 14 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary Report of Trustee · 14 Feb 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
1 stated figure across 1 outcome, each sourcedSubscribe to view
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents3 filings
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| 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., “London Business Machines Inc” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/london-business-machines-inc