An order approving a claims process for the bankrupt estate was made on January 30, 2026.
Source: Creditors Bankruptcy Package for 2605412 Ontario Inc dated February 4, 2026.pdf
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.
An order approving a claims process for the bankrupt estate was made on January 30, 2026.
Source: Creditors Bankruptcy Package for 2605412 Ontario Inc dated February 4, 2026.pdf
A process for creditors to file claims against the estate was approved on January 30, 2026.
Source: Creditors Bankruptcy Package for Oakhill Distribution Inc dated February 4, 2026.pdf
Debtor
Oakhill Distribution Inc. and 2605412 Ontario Inc.
Trustee in bankruptcy
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian 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 | $240K | Creditors Bankruptcy Package for Oakhill Distribution Inc dated February 4, 2026.pdf |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditors Bankruptcy Package for 2605412 Ontario Inc dated February 4, 2026.pdf
| PDF · Subscribers | |
Creditors Bankruptcy Package for Oakhill Distribution Inc dated February 4, 2026.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., “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.