#Claims
Creditors were convened, the meeting dated to the commencement of the bankruptcy on 8 February 2016; the record carries no outcome from it.
Source: Notice of Bankruptcy and First Meeting of Creditors Package
Mountain Bike City Inc.
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Bankruptcy and Insolvency Act
- File
- 25-094613
Filings held1
Last activity8 Feb 2016
On the record3,878 days
Secured debt$145K
OverviewSummary updated
Mountain Bike City Inc. has been in bankruptcy since February 8, 2016, under court file 25-094613, with Ernst & Young Inc. as trustee and the estate administered on the basis of subsection 102(1) of the Bankruptcy and Insolvency Act. The creditor list reported by the trustee, as of February 12, 2016, shows secured claims of $145,000 owing to Alberta Treasury Branches - 07909 and $75,000 to TBG, The Bicycle Group Limited, which also appears as an unsecured claimant for a further $84,151. Among the unsecured claims are $44,262.39 to TPD/Tyler Downs, $37,437.78 to BJC/Brad Chandler, $30,958.38 to Spawn Cycles, $30,000 to a related party identified as Tyler Downs' Mother, and Canada Revenue Agency claims of $12,549.83 for source deductions and $858 for GST arrears. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Mountain Bike City Inc.
Trustee in bankruptcy
Deloitte
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Alberta Treasury Branches - 07909Listed in Creditor List filed with bankruptcy estate; claim amount as stated — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $145K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 4 | Secured | TBG, The Bicycle Group LimitedSecured claim per Creditor List; same creditor also appears as unsecured claimant of $84,151.00 for a different portion of debt — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $75K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | TBG, The Bicycle Group LimitedSame creditor also holds a separate $75,000 secured claim listed above — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $84.2K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | TPD/Tyler Downsdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $44.3K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | BJC/Brad Chandlerdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $37.4K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Spawn Cyclesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $31K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Tyler Downs' MotherRelated party per naming convention — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $30K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Canada Revenue Agency - SourceSource deductions; possible deemed trust claim — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $12.5K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Paul Downes, Consultantdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $11K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Feltdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $10.8K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Bentall Kennedy · in 7 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $6.46K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Outdoor Geardebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $5.73K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Morley Chandlerdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $5K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Live to Play Sportsdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $3.67K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Mica Sportdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $3.66K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | NRG Enterprisesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $2.94K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Shimano Canada Ltd.debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $2.34K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Amer Sportsdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $1.77K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Receiver General · in 75 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $1.47K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Purolator Courier · in 19 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $1.44K | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Marin Bikesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $944 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Canada Revenue Agency - GST · in 9 casesGST arrears — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $858 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | TELUS Communications Inc. · in 27 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $803 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Enmax · in 61 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $446 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | ATB (Moneris) · in 2 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $378 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | TELUS Mobility Inc · in 3 casesListed twice on Creditor List as separate line items — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $175 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | TELUS Mobility Inc · in 3 casesListed twice on Creditor List as separate line items — debtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $109 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Direct Energy · in 38 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $58 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Lambert Cyclesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $13 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Workers' Compensation Board - Alberta · in 14 casesdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $7 | Notice of Bankruptcy and First Meeting of Creditors Package |
| 8 | Unsecured | Soze Groupdebtor: Mountain Bike City Inc. · as of 12 Feb 2016 | $0 | Notice of Bankruptcy and First Meeting of Creditors Package |
Documents1 filing
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and First Meeting of Creditors Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Mountain Bike City Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/mountain-bike-city-inc