MJF & Associates Inc. – Bankruptcy
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-456772
MJF & Associates Inc. made an assignment in bankruptcy on 25 May 2011 in Ontario, under section 49 of the Bankruptcy and Insolvency Act, with The Fuller Landau Group Inc. serving as trustee (estate no. 31-456772). As at 25 May 2011, the statement of affairs recorded total assets of $1,184,182.94 against total liabilities of $6,416,403.86, a stated deficiency of $5,232,220.92, comprising unsecured claims of $5,232,213.92, secured claims of $1,184,182.94, and preferred claims of $7.00. Secured creditors include Michael J. Firestone at $747,258.81 and Anthony Charles Otten at $612,716.00, while unsecured creditors include Warner Bros. Entertainment Canada Inc. at $461,684.65. The proceeding remains active.
A claims procedure has been established — see the order for deadlines.
MJF & Associates - Bankruptcy - Certificate of Appointment.pdf was filed. Court file 31-456772.
Source: MJF & Associates - Bankruptcy - Certificate of Appointment.pdf
Undated filings2 — no date appears on the document · show
MJF & Associates - Bankruptcy - Preliminary Report to Creditors .pdf — Court officer report filed
MJF & Associates - Bankruptcy - Proof of Claim and Proxy.pdf — Claims process approved
Debtor
MJF & Associates Inc. – Bankruptcy
Trustee in bankruptcy
Fuller Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Michael J. FirestoneBusiness Assets - Stock in Trade (Inventory) est. $300,000.00; Cash on Hand BMO/Harris Bank est. $178,165.64; HST receivable est. $27,805.11; Furniture and computer software est. $2,000.00; Debts Due - Business - Accounts receivable#2 - various est. $59,120.72; Motor Vehicles - 2009 Lexus RX350 est. $24,999.00 (total estimated security value per list not separately summed) — related party - individual bankrupt/principal (Michael J. Firestone) as secured creditor of the partnership; balance of claim unsecured $155,168.34; also listed as an unsecured creditor in List A with balance of claim 155, · as of 25 May 2011 | $747K | MJF & Associates - Bankruptcy - SOA.pdf |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred |
146 more claims in 4 classes The stack holds Secured, Landlord preferred, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedMJF & Associates - Bankruptcy - Preliminary Report to Creditors .pdf · 13 Jun 2011
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Michael J. Firestone and Anthony Otten | — | short by | Estimatedper the trustee | MJF & Associates - Bankruptcy - Preliminary Report to Creditors .pdf · 13 Jun 2011 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | MJF & Associates - Bankruptcy - Preliminary Report to Creditors .pdf · 13 Jun 2011 |
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 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
MJF & Associates - Bankruptcy - Notice of Bankruptcy.pdf
| PDF · Subscribers | |
MJF & Associates - Bankruptcy - Certificate of Appointment.pdf
| PDF · Subscribers | |
MJF & Associates - Bankruptcy - SOA.pdf
| PDF · Subscribers | |
MJF & Associates - Bankruptcy - Preliminary Report to Creditors .pdf
| PDF · Subscribers | |
MJF & Associates - Bankruptcy - Proof of Claim and Proxy.pdf
| 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., “MJF & Associates Inc. – Bankruptcy” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/mjf-associates-inc-bankruptcy