M-B Stucco Ltd.
Follow- Proceeding
- Bankruptcysection 43(9) of the Bankruptcy and Insolvency Act
- File
- BK-23-00208612-OT31
M-B Stucco Ltd. has been in bankruptcy in the Ontario Superior Court of Justice since October 10, 2023, when an interim order was granted on an application by Bank of Montreal under section 43(1) of the Bankruptcy and Insolvency Act. Baigel Corp. serves as trustee in bankruptcy, appointed under section 16(1) of the Act, and the estate is carried under court file numbers 31-208612-OT and BK-23-00208612-OT31. The trustee's notice to creditors put Bank of Montreal's secured claim at $1,200,000 as of October 17, 2023, with a further $108,130 owing to the bank as an unsecured claim and an unquantified unsecured claim of the Business Development Bank of Canada. Assets were stated as unknown, no statement of affairs having been sworn by any officer or director. The proceeding remains active.
Interim order granted on Bank of Montreal's bankruptcy application against M-B Stucco Ltd., commencing the proceeding in the Ontario Superior Court of Justice.
Source: Endorsement of AJ Rappos
Interim order granted, bearing the date Tuesday, October 10, 2023 — the same date the bankruptcy proceeding was commenced in the Ontario Superior Court of Justice.
Source: Bankruptcy Order
Debtor
M-B Stucco Ltd.
Trustee in bankruptcy
Baigel Corp.
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesas of October 17, 2023 — Estimated amount of liability per Trustee's notice; applicant creditor in bankruptcy application; no statement of affairs sworn by debtor as of notice date. — debtor: M-B Stucco Ltd. | $1.2M | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Bank of Montreal · in 279 casesas of October 17, 2023 — Unsecured portion of Bank of Montreal claim, distinct from its secured claim. — debtor: M-B Stucco Ltd. | $108K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Business Development Bank of Canada · in 241 casesas of October 17, 2023 — Nature of claim and amount both listed as 'Unknown' in Trustee's notice. — debtor: M-B Stucco Ltd. | — | Notice of Bankruptcy and Creditor Package |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
| Date | Document | File |
|---|---|---|
Certificate of Appointment
| ||
Notice of Bankruptcy and Creditor Package
| ||
Bankruptcy Order
| ||
Endorsement of AJ Rappos
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “M-B Stucco Ltd.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/m-b-stucco-ltd