Morris Marketing Group Inc.
Follow- Proceeding
- NOIsection 50.4 of the Bankruptcy and Insolvency Act
- File
- BK-25-03298880-0031
Morris Marketing Group Inc. filed a notice of intention to make a proposal under section 50.4 of the BIA on December 12, 2025 in Ontario, and the proceeding remains active. Internally prepared, unaudited draft financial statements supplied by Elm, on a management-estimate basis, put the company's approximate total debt at $3.6 million for the fiscal year ended December 31, 2023, $3.2 million for the year ended December 31, 2024 and $2.8 million as at September 30, 2025; no total assets figure accompanies those numbers. Its parent, Elm Street Technology, LLC, holds a general security agreement executed August 27, 2025 securing Management Fees under a Shared Services Agreement. A liquidation analysis dated December 10, 2025 estimates Elm's secured claim in a hypothetical liquidation at $1,416,000. Elm also asserts an unsecured related party claim of approximately $5.8 million, net of the Debt Repayment, for Management Fees, which the Amended Proposal excludes from the Affected Creditor Class.
The officer filed a report. Court file BK-25-03298880-0031.
Source: Report of Trustee on Amended Proposal – December 23 2025
Debtor
Morris Marketing Group Inc.
Proposal trustee
Dodick Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Jan 2026 | 285 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeDodick Landau | Reconstruct LLP | 28 Jan 2026 | Order · 28 Jan 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Elm Street Technology, LLCas of Filing Date — General security agreement dated August 27, 2025 granted by Morris to Elm to secure payment of Management Fees under the Shared Services Agreement — Related party (parent company). Figure is the amount Elm 'is expected to file' as a secured claim in a liquidation/bankruptcy scenario, covering Shared Services rendered after registration of its security through to the Filing Date; not a confirmed current balance. Secured Claims are Unaffected Claims and do not vote/receive distributions under the Amended Proposal. — debtor: Morris Marketing Group Inc. | $1.4M | Report of Trustee on Amended Proposal – December 23 2025 |
| 7 | Preferred (BIA s. 136) | Crown Priority Claimsas of Filing Date — Stated as none by the Proposal Trustee; a priority/preferred claim class under the BIA scheme of distribution. — debtor: Morris Marketing Group Inc. | $0 | Report of Trustee on Amended Proposal – December 23 2025 |
| 8 | Unsecured | Elm Street Technology, LLC (Elm Claim)Related party (parent company) claim, net of the ~$2.9 million August 2025 Debt Repayment; not audited/verified by the Proposal Trustee. Classified as an Unaffected/Related Party Claim, excluded from voting and distributions under the Amended Proposal, but would share pro rata as an unsecured claim in a liquidation scenario. — debtor: Morris Marketing Group Inc. | $5.8M | Report of Trustee on Amended Proposal – December 23 2025 |
| 8 | Unsecured | Employees (unsecured termination claims) · in 185 casesApproximately 30 employees; classified by the Debtor as unsecured debt (not identified as preferred). — debtor: Morris Marketing Group Inc. | $1.1M | Report of Trustee on Amended Proposal – December 23 2025 |
| 8 | Unsecured | Trade creditors (aggregate as reported) · in 11 casesDocument names no individual creditors within the aggregate except Xerox Canada Ltd., whose claim (see separate entry) is included within this $1.0 million total. — debtor: Morris Marketing Group Inc. | $1M | Report of Trustee on Amended Proposal – December 23 2025 |
| 8 | Unsecured | Xerox Canada Ltd. · in 72 casesIncluded within, not additional to, the ~$1.0 million aggregate trade creditor figure above. — debtor: Morris Marketing Group Inc. | $800K | Report of Trustee on Amended Proposal – December 23 2025 |
Unsecured creditors: paid in full.Under the plan · sanctionedCourt Order (Proposal Approval and Ancillary Relief) · 28 Jan 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Related Persons and Secured Creditors | — | no distribution | Under the plansanctionedper the proposal trustee | Motion Record · 18 Jan 2026 |
| Preferred | — | — | paid in full | Under the plansanctionedper the proposal trustee | Motion Record · 18 Jan 2026 |
| Unsecured | Convenience Class Creditors | — | paid in full | Under the plansanctionedper the proposal trustee | Court Order (Proposal Approval and Ancillary Relief) · 28 Jan 2026 |
| Unsecured | Related Party Creditors | — | no distributionvs. 38.5 % in a bankruptcy | Under the plansanctionedper the proposal trustee | Report of Trustee on Amended Proposal – December 23 2025 · 23 Dec 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 · 2 firms — latest: Dodick Landau Inc., 16 Oct 2025 – 15 Jan 2026, $117,368.00 soughtMotion Record · 28 Jan 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Dodick Landau Inc.Proposal trustee | 16 Oct 2025 – 15 Jan 2026Sought | — | $117,368.00ex. tax | not stated | Motion Record · 28 Jan 2026 |
| Reconstruct LLPCounsel to the trustee | 13 Nov – 30 Dec 2025Sought | 79.2 | $51,211.00ex. tax | $646.60stated average | Motion Record · 28 Jan 2026 |
As at 30 Sep 2025 · per Internally prepared, unaudited financial statements of Morris provided by Elm; described by the Proposal Trustee as 'total debt' (not reviewed or verified per GAAS) · Morris Marketing Group Inc. (single entity) — Same source also reports total debt of approximately $3.6 million (FY2023) and $3.2 million (FY2024), and net losses of approximately $3,016,911 (FY2023), $245,517 (FY2024) and $3,016,278 (period ended Sept 30, 2025); total assets not stated.
| Date | Document | File |
|---|---|---|
Court Order (Proposal Approval and Ancillary Relief)
| ||
Court_Endorsement
| ||
Motion Record – Returnable January 28, 2026
| ||
| Creditor Package – Amended Proposal | ||
Report of Trustee on Amended Proposal – December 23 2025
| ||
Amended Proposal
| ||
| Certificate Of Filing Amended Proposal | ||
| Notice of Intention to Make a Proposal | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Morris Marketing Group Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/morris-marketing-group-inc