The officer filed a report. Medic's operating subsidiaries (00 Lab, Premier, and Veba) were adjudged bankrupt following termination of the NOI proceedings, while Slawner has not responded to a demand for repayment; the Trustee is investigating recoverability of intercompany receivables, prepaid expenses, and the value of Medic's investment in Slawner.
Medic Holdings Corp.
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 32-2450948
- Industry
- Health care · Medical devices, labs & supplies
Medic Holdings Corp. became bankrupt on 13 December 2018 in Ontario, under subsection 102(1) of the Bankruptcy and Insolvency Act, with The Fuller Landau Group Inc. serving as licensed insolvency trustee under court file 32-2450948. As at 13 December 2018, the statement of affairs recorded total assets of $9.00 against total liabilities of $6,720,552.33, a stated deficiency of $6,720,543.33, with no secured creditors. Unsecured creditors include the Royal Bank of Canada at $3,808,262.29, CJC Holdings at $870,586.00, and Ontario Orthotic Lab Inc. at $849,295.00. The proceeding remains active.
A claims procedure has been established — see the order for deadlines.
Certificate of Appointment was filed. Court file 32-2450948.
Source: Certificate of Appointment
Undated filings1 — no date appears on the document · show
Debtor
Medic Holdings Corp.
Trustee in bankruptcy
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Royal Bank of Canada · in 584 casesAttn: Peter Gordon, RBC Special Loans & Advisory Services — debtor: Medic Holdings Corp. · as of 13 Dec 2018 | $3.81M | Statement of Affairs |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
16 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.Report to First Meeting of Creditors · 10 Jan 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | Report to First Meeting of Creditors · 10 Jan 2019 |
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.
As at ·
Cash on hand
$463
As at 10 Jan 2019Report to First Meeting of Creditors
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Report to First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Statement of Affairs
| PDF · Subscribers | |
| Blank Proof of Claim Form | 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., “Medic Holdings Corp.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/medic-holdings-corp