Plastival Inc.
- Proceeding
- Bankruptcy(Subsection 102(1) of the Act)
- File
- 700-11-015392-147
Plastival Inc. entered bankruptcy on March 14, 2015, under subsection 102(1) of the Act, in the Superior Court of Québec's Chambre commerciale (court file no. 700-11-015392-147), with MNP Ltd as trustee. Its Statement of Affairs reported total assets of $150,000.00 against total liabilities of $12,798,447.70, a stated deficiency of $12,648,447.70, with nil surplus. Banque de Montréal held a $6,400,000.00 claim secured by accounts receivable, given March 13, 2015, with an estimated security value of $293,803.00 leaving a balance of claim of $6,106,197.00. Among unsecured creditors, RDV Corporation was owed $2,923,084.31 and Cyprium $1,298,329.01, both described as shareholder debt, while Aerolite Extrusion Co. was owed $468,182.23.
Debtor
Plastival Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Banque de Montréal · in 46 casesDebts Due - Business - Accounts receivable; amount of claim $6,400,000.00; security given 13-Mar-2015; estimated value of security $293,803.00 — Attn: Doreen Peters, revolver balance; balance of claim after security value is $6,106,197.00 — debtor: Plastival Inc. · as of 14 Mar 2015 | $6.11M | Notice of bankruptcy and first meeting of creditors |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
89 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 plansClosed · the record states no distribution outcome.
As at ·
The 2 totals 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 |
|---|---|---|
Notice of bankruptcy and first meeting of creditors
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CiteProceedings., “Plastival Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/plastival-inc