Proceedings.

Priva Inc.

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Proceeding
ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
File
500-11-031719-079
Filings held10
Last activity11 Jan 2008
On the record6,877 days
Secured debtSubscribers
OverviewSummary updated

Priva Inc. is the subject of a Division I proposal under the Bankruptcy and Insolvency Act, commenced on 23 November 2007 in the Superior Court of Québec (court file 500-11-031719-079), with RSM Richter Inc. as trustee and interim receiver. Secured claims are those of TD Bank at $1,570,000 and Med-I-Pant Inc. at $1,138,971.56, the latter sharing the debtor's principal place of business. The largest unsecured claims include accrued vacation and wages payable of $300,000, Narcote LLC at $227,449.50 and Fiberlinks Textiles Inc. at $191,209.58.

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Case updates10 dated entries

7 earlier updates, back to 23 November 2007 subscribers.

Parties

Debtor

Priva Inc.

Proposal trustee

Richter

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredTD Bank · in 29 casesas of NOI filing date — debtor: Priva Inc.$1.57MNotice to Creditors of Intention to Make a Proposal • November 2, 2007

74 more claims across lower-ranking classes

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RecoveriesAs declared or paid

Unsecured creditors: a distribution. TD Bank paid in full.Under the plan · sanctionedNotice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007

ClassCreditorClaimsRecoveryBasisSource
SecuredTD Bankpaid in fullFinalper the trusteeReport of Trustee on Financial Situation of Debtor and on Proposal •… · 27 Nov 2007
Preferredpaid in fullUnder the plansanctionedper the debtorNotice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007
UnsecuredAFFECTED ORDINARY CREDITORSa distributionconditionalUnder the plansanctionedper the debtorNotice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007

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.

3 stated figures across 3 outcomes, each sourced

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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

Cumulative receipts

$1.79M

As at 27 Nov 2007Report of Trustee on Financial Situation of Debtor and on Proposal • November 27, 2007

3 more reported figures, as at 27 Nov 2007

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Documents
10 filings
DateDocumentFile
Judgment Approving the Debtor’s Proposal (Available in French only) • January 11, 2008
  • Presiding officer Judge Pierre Pellerin
PDF · Subscribers
Motion to Approve the Debtor’s Proposal (English only) • January 8, 2008
  • Applicant Priva Inc.
  • Appointee RSM Richter Inc.
  • Appointee role Trustee/Interim Receiver
  • Commencement date 8 January 2008
  • + 5 more extracted facts
PDF · Subscribers
Notice of Hearing of Application for Court Approval of Proposal • December 20, 2007PDF · Subscribers
Minutes of Creditors Meeting (in French only) • December 12, 2007
PDF · Subscribers
Notice of Proposal to Creditors • November 27, 2007
  • Recovery outcome Entries: per plan; per plan; per plan · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Report of Trustee on Financial Situation of Debtor and on Proposal • November 27, 2007
  • Operational summary Since filing the Notice of Intention, Priva ceased operations entirely, sold most of its assets to Fiberlinks Textiles Inc., and its remaining activity consists of collecting outstanding accounts receivable.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Certificate of Filing of a Proposal • November 23, 2007
  • Appointee RSM RICHTER INC.
  • Appointee role Trustee
  • Commencement date 23 November 2007
  • Court file no 500-11-031719-079
  • + 1 more extracted fact
PDF · Subscribers
Proposal • November 23, 2007PDF · Subscribers
Notice to Creditors of Intention to Make a Proposal • November 2, 2007
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate Filling of a Notice of Intention to Make a Proposal • October 26, 2007
  • Appointee RSM Richter Inc.
  • Appointee role Trustee
  • Commencement date 26 October 2007
  • Court file no 500-11-031719-079
  • + 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., “Priva Inc.” (Proposal), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/priva-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/priva-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.