Proceedings.

Riverside Professional Corporation Inc

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Proceeding
BankruptcySubsection 102(1) of the Act
File
33-2831108
Filings held2
Last activity7 Jun 2022
On the record1,634 days
OverviewSummary updated

Riverside Professional Corporation Inc has been in bankruptcy in Ontario since May 18, 2022, under estate number 33-2831108, with MNP Ltd. acting as Licensed Insolvency Trustee and the estate proceeding on the basis of section 67(b) of the Bankruptcy and Insolvency Act. The sworn Statement of Affairs dated April 14, 2022, filed for Riverside Professional Centre Inc., shows total assets of $1,276,466.15, all of it free assets with nothing pledged, against total liabilities of $4,243,510.00. The whole of that liability is owed to unsecured creditors, reported in the same amount by both the debtor and the trustee; the Statement of Affairs confirms there are no secured creditors. The trustee's estimated realization figures put the deficit at -$2,967,043.85. The estate remains active.

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Case updates2 dated entries
Parties

Debtor

Riverside Professional Corporation Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredUnsecured creditors (aggregate as reported) · in 563 casesDocument names no individual creditors; same amount reported by both Debtor's sworn statement and LIT — debtor: Riverside Professional Centre Inc. · as of 14 Apr 2022$4.24MTrustee's Preliminary Report
RecoveriesAs stated in the filings

Unsecured creditors: a distribution.EstimatedTrustee's Preliminary Report · 7 Jun 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecured—Estimatedper the trusteeTrustee's Preliminary Report · 7 Jun 2022

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.

2 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 18 May 2022
  • Court file no 33-2831108
  • + 7 more extracted facts
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Certificate of Appointment
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 18 May 2022
  • Court file no 33-2831108
  • + 2 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., “Riverside Professional Corporation Inc” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/riverside-professional-corporation-inc

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