Proceedings.

Oakhill Distribution Inc. and 2605412 Ontario Inc.

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Proceeding
BankruptcyNotice of Bankruptcy, First Meeting of Creditors (Subsection 102(1) of the Act)
File
31-3327641
Filings held2
Last activity30 Jan 2026
On the record234 days
Secured debtSubscribers
OverviewSummary updated

Oakhill Distribution Inc. and 2605412 Ontario Inc. entered bankruptcy in Ontario on January 30, 2026, under subsection 102(1) of the Bankruptcy and Insolvency Act, with Grant Thornton Limited appointed trustee. Oakhill Distribution Inc.'s Statement of Affairs reported total assets of $4.00 against total liabilities of $7,752,725.60, a deficiency of $7,752,721.60, made up of $239,577.00 in secured claims and $7,513,148.60 in unsecured claims. Canadian Imperial Bank of Commerce holds $239,577.00 secured against bank loans and a further $4,312,521.33 unsecured. Other unsecured creditors include Nicholas Zaremba, a shareholder, for $443,170.00, and NMZ Holdings for $117,872.98, which shares an address with Zaremba, along with trade creditors such as PPS Galekovic D.o.o. for $696,226.85, Loba-Wako I LLC for $394,797.30 and Amorim Flooring Canada Inc. for $299,278.41.

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Case updates2 dated entries
Parties

Debtor

Oakhill Distribution Inc. and 2605412 Ontario Inc.

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanadian Imperial Bank of Commerce · in 67 casesBank Loans except real property mortgage; asset securing liability listed as items 1301,1102,1101,501 — Total claim listed as $4,552,098.33 (unsecured $4,312,521.33 + secured $239,577.00); estimated surplus/(deficit) from security shown as -4,312,521.33 — debtor: Oakhill Distribution Inc. · as of 30 Jan 2026$240KCreditors Bankruptcy Package for Oakhill Distribution Inc dated February 4, 2026.pdf

62 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

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

Documents2 filings
DateDocumentFile
Creditors Bankruptcy Package for 2605412 Ontario Inc dated February 4, 2026.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee
  • Commencement date 30 January 2026
  • Court file no 31-3327641
  • + 2 more extracted facts
PDF · Subscribers
Creditors Bankruptcy Package for Oakhill Distribution Inc dated February 4, 2026.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee
  • Commencement date 30 January 2026
  • Financial position Subscribers
  • + 5 more extracted facts
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., “Oakhill Distribution Inc. and 2605412 Ontario Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/oakhill-distribution-inc-and-2605412-ontario-inc

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/oakhill-distribution-inc-and-2605412-ontario-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.