Proceedings.

SEAM Enterprises Ltd. – Bankruptcy

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
31-2546428
Filings held5
Last activity5 Nov 2019
On the record2,639 days
Secured debtSubscribers
OverviewSummary updated

SEAM Enterprises Ltd. is bankrupt, the bankruptcy commencing on 15 August 2019 under section 49 of the Bankruptcy and Insolvency Act (file 31-2546428) in Ontario, with The Fuller Landau Group Inc. as trustee. Its statement of affairs, prepared by The Fuller Landau Group Inc. as court-appointed receiver, reports total assets of $37,572.40 against total liabilities of $545,031.38 and a deficiency of $507,458.98. The secured claim of the 1000 Islands Community Development Corporation is $177,611.38, of which $140,038.98 ranks as unsecured; the Canada Revenue Agency is owed $73,056.04.

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Case updates5 dated entries
Parties

Debtor

SEAM Enterprises Ltd. – Bankruptcy

Trustee in bankruptcy

Fuller Landau

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4Secured1000 Islands Community Development CorporationDebts due - business - due from 1420667 Ontario Ltd. (estimated value of security $37,572.40) — Balance of claim $140,038.98 also listed as unsecured (List B); surplus from security $0.00 — debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019$178KStatement of affairs
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

61 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report to First Meeting of Creditors · 4 Sep 2019

ClassCreditorClaimsRecoveryBasisSource
Secured1000 Islands Community Development Corporation—shortfallEstimatedper the trusteePreliminary Report to First Meeting of Creditors · 4 Sep 2019
Unsecured——no distributionEstimatedper the trusteePreliminary Report to First Meeting of Creditors · 4 Sep 2019

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
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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Documents5 filings
DateDocumentFile
Proof of claimPDF · Subscribers
Preliminary Report to First Meeting of Creditors
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2019-09-04 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Notice to creditors
  • Appointee The Fuller Landau Group Inc.
  • Appointee role trustee
  • Commencement date 15 August 2019
  • Court file no 31-2546428
  • + 3 more extracted facts
PDF · Subscribers
Certificate of appointment
  • Appointee THE FULLER LANDAU GROUP INC.
  • Appointee role trustee
  • Commencement date 16 August 2019
  • Court file no 31-2546428
  • + 1 more extracted fact
PDF · Subscribers
Statement of affairs
  • Appointee The Fuller Landau Group Inc.
  • Appointee role Court Appointed Receiver
  • Commencement date 15 August 2019
  • Financial position Subscribers
  • + 3 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., “SEAM Enterprises Ltd. – Bankruptcy” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/seam-enterprises-ltd-bankruptcy

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

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.