Proceedings.

MyZone Media Inc.

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Closed
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
VLC-S-B-240352
Filings held4
Last activity12 Dec 2025
On the record836 days
Secured debtSubscribers
OverviewSummary updated

MyZone Media Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, court file VLC-S-B-240352. The proceeding commenced on December 12, 2025, the date on which the court granted an interim order. That order is the only step carried on the record before this page, and the matter is now closed.

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Case updates4 dated entries
#Order

The Supreme Court of British Columbia granted an interim order, the step that commenced this bankruptcy under court file VLC-S-B-240352.

Source: Discharge Order

1 earlier update, back to 7 June 2024 subscribers.

Parties

Debtor

MyZone Media Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 556 casesGeneral security agreement over all present and after-acquired property — Per Table 3 (Estimated Claim) and matches 'Amount owing to RBC' of $2,068,000 in Table 5's Statement of Affairs as at June 3, 2024; prose in report describes this as 'approximately $2M'; RBC has not filed a proof of claim as of the date of this report (June 24, 2024); described by Trustee as Company's senior secured creditor. — debtor: MyZone Media Inc. · as of 3 Jun 2024$2.07MTrustee's Report to Creditors
9 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no recovery. RBC short.EstimatedTrustee's Report to Creditors · 24 Jun 2024

ClassCreditorClaimsRecoveryBasisSource
SecuredRBCshortfallEstimatedper the trusteeTrustee's Report to Creditors · 24 Jun 2024
Unsecuredno recoveryEstimatedper the trusteeTrustee's Report to Creditors · 24 Jun 2024

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Discharge Order
  • Commencement date 12 December 2025
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no VLC-S-B-240352
  • Province British Columbia
PDF · Subscribers
Trustee's Report to Creditors
  • Proceeding type bia_bankruptcy
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2024-06-24 · Table missing:
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
First Meeting of Creditor's PackagePDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 7 June 2024
  • Court file no 11-3089973
  • + 1 more extracted fact
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., “MyZone Media Inc.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/myzone-media-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/myzone-media-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.