Proceedings.

RenoRun Inc.

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Active
Proceeding
NOIarticle 50.4(1) de la Loi sur la faillite et l'insolvabilité
File
500-11-062174-236
Filings held6
Last activity17 May 2023
On the record1,274 days
Secured debtSubscribers
OverviewSummary updated

RenoRun Inc. filed a notice of intention to make a proposal under s. 50.4 of the BIA on April 27, 2023, in the Superior Court of Québec under file no. 500-11-062174-236, with Deloitte Restructuring Inc. as trustee. The proceeding remains active. The Statement of Affairs as at April 27, 2023 shows total assets of $14,561,485.35 against total liabilities of $53,223,390.19, a reported deficiency of $38,661,904.84. Unsecured claims total $44,591,806.19, led by Investissement Québec at $14,044,438.00, BDC Capital Inc. at $8,464,833.00, Fifth Wall at $7,034,795.00 and Schneider Electric Foundries LLC at $5,643,222.00. Secured claims of $8,631,583.00 net to nil after security, with TriplePoint Capital at $4,050,000.00, Royal Bank of Canada at $2,300,000.00 against GICs, and Silicon Valley Bank at $2,281,582.00 as at May 3, 2023.

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Case updates5 dated entries · 1 undated
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The officer filed report no. Trustee's Preliminary Report to Creditors. RenoRun ceased operations after a failed sale and investment solicitation process, was deemed to have made an assignment into bankruptcy, and the Trustee has since secured its assets and is conducting a liquidation sale process on an as-is, where-is basis. Court file 500-11-062174-236.

Source: Trustee's Preliminary Report to Creditors dated may 17, 2023

2 earlier updates, back to 27 March 2023 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

RenoRun Inc.

Proposal trustee

Deloitte

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
DebtorRenoRun Inc.Fasken Martineau DuMoulin LLPService list
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredTriplePoint CapitalCash on hand (bank); SR&ED claims; business assets (machinery, equipment, racking, fixtures); motor vehicles; share/advance to RenoRun US Inc.; intellectual property; inventory; debts due (business) — Estimated value of security by category listed (cash $3,397,306.00, SR&ED $652,691.00 with surplus $628,725.00, inventory surplus $5,000,000.00, debts due surplus $301,174.35, other categories minimal/nil) — debtor: RenoRun Inc. · as of 3 May 2023$4.05MNotice of Bankruptcy and First Meeting of Creditors dated May 4, 2023
65 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: a distribution.EstimatedTrustee's Preliminary Report to Creditors · 17 May 2023

ClassCreditorClaimsRecoveryBasisSource
Secureda distributionEstimatedper the trusteeTrustee's Preliminary Report to Creditors · 17 May 2023
Unsecureda distributionEstimatedper the trusteeTrustee's Preliminary Report to Creditors · 17 May 2023

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

Cash on hand

$5.82M

As at 17 May 2023Trustee's Preliminary Report to Creditors dated may 17, 2023

Documents6 filings
DateDocumentFile
Trustee's Preliminary Report to Creditors dated may 17, 2023
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Trustee
  • Commencement date 27 April 2023
  • Cash on hand Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors dated May 4, 2023
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of the Bankruptcy dated April 27, 2023PDF · Subscribers
Notice of Intention to Make a Proposal dated March 31, 2023
  • Appointee RESTRUCTURATION DELOITTE INC.
  • Appointee role Syndic
  • Commencement date 27 March 2023
  • Court COUR SUPÉRIEURE
  • + 3 more extracted facts
PDF · Subscribers
Certificate for the Notice of Intention to Make a Proposal dated March 27, 2023
  • Appointee DELOITTE RESTRUCTURING INC/RESTRUCTURATION DELOITT
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 27 March 2023
  • Court file no 500-11-062174-236
  • + 1 more extracted fact
PDF · Subscribers
Service List
  • Counsel Fasken Martineau Dumoulin LLP
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., “RenoRun Inc.” (NOI), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/renorun-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/renorun-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.