The officer filed report no. Interim Report under Section 246(2). The Receiver continues administering Multicom's estate, has filed a claim with the CRA under the Ontario Interactive Media Digital Tax Credit program, and notes that realizations to date may be insufficient to fully repay secured creditors, leaving nothing for other creditors.
Multicom Media Services Ltd.
- Proceeding
- Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-13-10131-00CL
Multicom Media Services Ltd. was placed in court-appointed receivership on 14 June 2013 by the Ontario Superior Court of Justice (Commercial List), under subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of the Royal Bank of Canada (court file CV-13-10131-00CL). The Fuller Landau Group Inc. was appointed as receiver. Secured claims include $4,167,689.14 owed to the Royal Bank of Canada and $335,689.14 to BDC Capital Inc., while unsecured creditors are reported at $9,802,769.16. A statement of assets as at 28 May 2013 totalled $8,833,000, chiefly accounts receivable. The proceeding remains active.
The officer filed a report. The Receiver is continuing efforts to realize on the Company's assets, and states that realizations to date may not suffice to repay the secured creditors, leaving nothing for other creditors.
The officer filed a report. The Receiver is continuing to realize on the Company's assets; realizations to date may be insufficient to repay secured creditors, leaving nothing for other creditors.
Source: 246(2) multicom to may 28-14.pdf
The officer filed a report. The Receiver has obtained Court approval of its sales and marketing activities and of the sale of assets, and accounts receivable collection continues. Realizations will not be sufficient to repay the secured creditors in full, so nothing will be available to other creditors.
The court granted an approval and vesting order. Court file CV-13-10131-00CL.
Source: approval and vesting order morawetz j june 14 2013.pdf
Undated filings1 — no date appears on the document · show
Debtor
Multicom Media Services Ltd.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morawetz | Ontario Superior Court of Justice | 2 orders, May 2013 – Jun 2013 | 141 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Davis LLP (now DLA Piper (Canada) LLP) | 18 Jun 2013 | Service list · 18 Jun 2013 |
| ApplicantRoyal Bank of Canada | Aird & Berlis LLP | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorBDC Capital Inc | Borden Ladner Gervais LLP | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorMerit Paper & Bag Company Limited | Clark, Farb, Fiksel | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorRoyal Bank of Canada | Aird & Berlis LLP | 28 May 2013 | Order · 28 May 2013 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesGSA — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $4.17M | receiver notice - multicom.pdf |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
9 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale approved — Sale process, auction agreement and transaction approved by the Courtapproval and vesting order morawetz j june 14 2013.pdf · 14 Jun 2013
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchaser(s) at Maynards auction, unnamedthe Debtors' right, title and interest in and to some or all of the Fixed Assets as described in the Auction Agreement · auction | not stated | Approved14 Jun 2013 | approval and vesting order morawetz j june 14… |
As at ·
Cumulative receipts
$35.5K
As at 1 Sep 2015Interim Report Under Section 246(2) to May 28, 2015
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures, and the total 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 |
|---|---|---|
Interim Report Under Section 246(2) to May 28, 2015
| PDF · Subscribers | |
246(2) Multicom to November 28, 2014
| PDF · Subscribers | |
246(2) multicom to may 28-14.pdf
| PDF · Subscribers | |
interim report under section 246(2) - multicom.pdf
| PDF · Subscribers | |
service list for website - updated june 18 2013.pdf
| PDF · Subscribers | |
approval and vesting order morawetz j june 14 2013.pdf
| PDF · Subscribers | |
endorsement morawetz j june 14 2013.pdf
| PDF · Subscribers | |
receivership order morawetz j - multicom media may 28 2013 2.pdf
| PDF · Subscribers | |
receiver notice - multicom.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., “Multicom Media Services Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/multicom-media-services-ltd