Mindful Collective Co., Ltd.
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act (Canada)
- File
- BK-25-03182327-0031
Mindful Collective Co., Ltd. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act. The record carries no court, judicial centre, commencement date or dated milestones.
5 earlier updates, back to 3 February 2025 — subscribers.
Debtor
Mindful Collective Co., Ltd.
Trustee in bankruptcy
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 2 orders, May 2025 | 220 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Trustee in bankruptcyEY | WeirFoulds LLP | 6 May 2025 | Order · 6 May 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement dated December 4, 2020 (agreement recorded 06-Apr-2021); asset items 101,1301,1101,1102,501 securing the liability — Bifurcated claim: total claim $1,478,739.62 = secured portion $1,314,035.91 (this entry) + unsecured shortfall $164,703.71 (reported separately in unsecured_creditors); estimated deficit from security -$164,703.71 as reported. — debtor: Mindful Collective Co., Ltd · as of 3 Feb 2025 | $1.31M | Creditors' Package |
3 transactions · 2 proposed · 1 approved — two separate resulting transactions that, combined, will result in the sale of substantially all of the assets of MCCFirst Report of the Trustee, dated May 1, 2025 · 1 May 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Andrea McKayall of Vendor's and MCC's right, title and interest in and to the Purchased Assets · asset sale · nominee/assignee: a corporation to be formed (the ' Adopting Corporation ') | Subscribers | Proposed | First Report of the Trustee, dated May 1, 2025 |
| Purchaser identified only as party to agreement; Bernard Mariette described as President of the PurchaserBooks and Records, inventory and other assets described in Schedule 'A', and goodwill of the Business in the Territory · asset sale | Subscribers | Proposed | First Report of the Trustee, dated May 1, 2025 |
| b, mat Inc.all of the Trustee's and the Bankrupt's right, title, and interest in and to the Purchased Assets · asset sale · agreement 4 Apr 2025 | not stated | Approved6 May 2025 | Approval and Vesting Order |
Unsecured creditors: not yet estimated.First Report of the Trustee · 1 May 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | First Report of the Trustee · 1 May 2025 |
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.
2 engagements · 1 firm — latest: WeirFoulds LLP, 1 Jan 2025 – 25 Apr 2024First Report of the Trustee · 1 May 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| WeirFoulds LLPCounsel to the trusteeperiod 1 of 2 | 1 Jan 2025 – 25 Apr 2024Sought | — | — | — | First Report of the Trustee · 1 May 2025 |
| WeirFoulds LLPCounsel to the trusteeperiod 1 of 2 | — | — | — | — | Motion Record · 6 May 2025 |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$21.4K
As at 1 May 2025First Report of the Trustee, dated May 1, 2025
| Date | Document | File |
|---|---|---|
Ancillary Relief Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Endorsement
| PDF · Subscribers | |
Motion Record, returnable May 6, 2025
| PDF · Subscribers | |
First Report of the Trustee, dated May 1, 2025
| PDF · Subscribers | |
Trustee's Preliminary Report to the Creditors, dated February 18, 2025
| PDF · Subscribers | |
Creditors' Package
| PDF · Subscribers | |
| Certificate of Appointment | 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., “Mindful Collective Co., Ltd.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/mindful-collective-co-ltd