Proceedings.

Marche Restaurants Canada Ltd.

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Proceeding
BankruptcyBIA
File
31-2638923
Filings held4
Last activity8 Jun 2020
On the record2,362 days
Secured debtSubscribers
OverviewSummary updated

Marche Restaurants Canada Ltd. is in bankruptcy under the BIA in Ontario, with BDO Canada Limited as trustee, under court file no. 31-2638923. The company assigned itself into bankruptcy on May 15, 2020, and the proceeding dates from May 18, 2020. Its statement of affairs, prepared as at May 15, 2020, shows total assets of $249,603.00 against total liabilities of $3,926,213.15, leaving a deficiency of $3,676,610.15. Secured claims per List B total $249,603.00, with no preferred or contingent liabilities reported. Related party Marche International AG of Switzerland is the largest secured creditor, claiming $1,754,000.00 with a balance of $1,523,293.00 after security valued at $230,707.00. Employees claim $1,381,104.00 in total, and the LCBO and The Beer Store are each listed at $143,174.60. The estate remains active.

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Case updates4 dated entries
#Report

The officer filed report no. Preliminary Report of the Trustee. Marché permanently ceased all restaurant operations in March 2020 due to Covid-19, which led to a failed NOI and deemed bankruptcy; the Trustee has since been vacating the leased premises, disposing of inventory, and winding down the estate with no ongoing business operations.

Source: Trustee's Preliminary Report

#Filing

Marche Restaurants Canada Ltd. made an assignment in bankruptcy, with BDO Canada Limited as trustee; its statement of affairs was drawn as at this date.

Source: Statement of Affairs

Parties

Debtor

Marche Restaurants Canada Ltd.

Trustee in bankruptcy

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMarché International AGTaxes - GST/HST - 2020; Business Assets - Stock in Trade - Alcohol & Liquor — Claim of $1,754,000.00 with balance of claim (after estimated security value of $230,707.00) of $1,523,293.00; related party (parent/affiliate, Switzerland) — debtor: Marché Restaurants Canada Ltd. · as of 15 May 2020$1.52MStatement of Affairs
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

98 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cash on hand

$117K

As at 8 Jun 2020Trustee's Preliminary Report

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents4 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee BDO Canada Limited
  • Appointee role Trustee
  • Commencement date 18 May 2020
  • Cash on hand Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Statement of Affairs
  • Commencement date 15 May 2020
  • Court file no 31-2638923
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
NOI Creditors PackagePDF · Subscribers
NOI Employee's Package
  • Appointee BDO Canada Limited
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., “Marche Restaurants Canada Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/marche-restaurants-canada-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/marche-restaurants-canada-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.