SEAM Enterprises Ltd. – Bankruptcy
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2546428
Filings held5
Last activity5 Nov 2019
On the record2,594 days
Secured debt$178K
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.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
FormProof of claim
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
#Report
The court-appointed receiver filed a report on the bankrupt's affairs, dated 16 August 2019.
Source: Certificate of appointment
Parties
Debtor
SEAM Enterprises Ltd. – Bankruptcy
Trustee in bankruptcy
Fuller Landau
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 1000 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 | $178K | Statement of affairs |
| 8 | Unsecured | 1000 Islands Community Development Corporation (balance of secured claim)Balance of secured claim per List B included in total unsecured creditors — debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $140K | Statement of affairs |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesDeemed trust class quasi-governmental claim — debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $73.1K | Statement of affairs |
| 8 | Unsecured | Twitchell, Div. of Ludlow Corp.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $37.8K | Statement of affairs |
| 8 | Unsecured | Hydro One Networks Inc. · in 48 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $30.2K | Statement of affairs |
| 8 | Unsecured | Comet Chemical Companydebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $23.4K | Statement of affairs |
| 8 | Unsecured | Wexford International Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $18.4K | Statement of affairs |
| 8 | Unsecured | CIBC · in 69 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $16.2K | Statement of affairs |
| 8 | Unsecured | KPMG LLP · in 51 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $15.3K | Statement of affairs |
| 8 | Unsecured | Receiver General for Canada · in 51 casesDeemed trust / regulatory quasi-governmental claim (ESDC) — debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $12.7K | Statement of affairs |
| 8 | Unsecured | Orafol Canada Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $11.5K | Statement of affairs |
| 8 | Unsecured | Paccana Enterprises Ltd. · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $11.3K | Statement of affairs |
| 8 | Unsecured | Wells Fargo · in 14 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $9.99K | Statement of affairs |
| 8 | Unsecured | Royal Bank - Visa · in 5 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $7.84K | Statement of affairs |
| 8 | Unsecured | Vanholm Metz of NYdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $7K | Statement of affairs |
| 8 | Unsecured | Meyers Transport · in 4 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $5.48K | Statement of affairs |
| 8 | Unsecured | Weave-Tex Fabrics Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $5.27K | Statement of affairs |
| 8 | Unsecured | Safetech Environmental Limiteddebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $5.2K | Statement of affairs |
| 8 | Unsecured | Enbridge Gas Distribution · in 18 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $5.2K | Statement of affairs |
| 8 | Unsecured | B. Duncan Marketing Ltd.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $4.81K | Statement of affairs |
| 8 | Unsecured | Crawford Provincial · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $4.74K | Statement of affairs |
| 8 | Unsecured | Drollis Safety Supply Co. Ltd.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $4.54K | Statement of affairs |
| 8 | Unsecured | Falcon Securitydebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $4.46K | Statement of affairs |
| 8 | Unsecured | D&D Promotionsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $4.42K | Statement of affairs |
| 8 | Unsecured | Top Value Fabricsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $3.15K | Statement of affairs |
| 8 | Unsecured | Albert Daydebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $3.1K | Statement of affairs |
| 8 | Unsecured | Purolator Inc. · in 99 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $3.08K | Statement of affairs |
| 8 | Unsecured | Ronald Mack Associatesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $3K | Statement of affairs |
| 8 | Unsecured | Alliance Mercantile Inc. · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.98K | Statement of affairs |
| 8 | Unsecured | Rapid Quilting Inc. · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.88K | Statement of affairs |
| 8 | Unsecured | Jack Vandusendebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.85K | Statement of affairs |
| 8 | Unsecured | Latoplast Ltd. · in 4 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.7K | Statement of affairs |
| 8 | Unsecured | By the Bladedebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.67K | Statement of affairs |
| 8 | Unsecured | Block Bindings & Interliningsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.49K | Statement of affairs |
| 8 | Unsecured | Bob Dale Gloves & Imports Ltd.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.22K | Statement of affairs |
| 8 | Unsecured | WASIP Ltd. · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $2.13K | Statement of affairs |
| 8 | Unsecured | Fluent IMSdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.9K | Statement of affairs |
| 8 | Unsecured | Big K Brand Clothingdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.61K | Statement of affairs |
| 8 | Unsecured | Alexander Fabrics LLPdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.51K | Statement of affairs |
| 8 | Unsecured | Print Impressionsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.46K | Statement of affairs |
| 8 | Unsecured | Bell Canada · in 298 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.33K | Statement of affairs |
| 8 | Unsecured | Amsal Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1.22K | Statement of affairs |
| 8 | Unsecured | Cox, Merritt & Co.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1K | Statement of affairs |
| 8 | Unsecured | Calko Canada Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1K | Statement of affairs |
| 8 | Unsecured | Adecco Employment Services · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $875 | Statement of affairs |
| 8 | Unsecured | Magnetsigns Thousand Islandsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $701 | Statement of affairs |
| 8 | Unsecured | Codel Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $597 | Statement of affairs |
| 8 | Unsecured | Canadian Waste Services Inc.debtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $525 | Statement of affairs |
| 8 | Unsecured | Brockville Chamber of Commercedebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $399 | Statement of affairs |
| 8 | Unsecured | Fastenal · in 17 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $398 | Statement of affairs |
| 8 | Unsecured | YKK Canada Inc. · in 2 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $393 | Statement of affairs |
| 8 | Unsecured | Fedex Trade Networks · in 19 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $277 | Statement of affairs |
| 8 | Unsecured | M.E. Clark Industrial Salesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $176 | Statement of affairs |
| 8 | Unsecured | Culligan of Brockvilledebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $80 | Statement of affairs |
| 8 | Unsecured | Superior Propane Inc. · in 6 casesdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $12 | Statement of affairs |
| 8 | Unsecured | Heather Farrelldebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | Thanh Dodebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | The Estate of Diane O'Haredebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | Shelley Rossettidebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | April Jenkinsdebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | John Ryandebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
| 8 | Unsecured | Scott McDonalddebtor: S.E.A.M. Enterprises Ltd. · as of 15 Aug 2019 | $1 | Statement of affairs |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedPreliminary Report to First Meeting of Creditors · 4 Sep 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | 1000 Islands Community Development Corporation | — | shortfall | Estimatedper the trustee | Preliminary Report to First Meeting of Creditors · 4 Sep 2019 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary 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$37.6K
Total liabilities at filing$545K
As at 15 Aug 2019 · per Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer (Fuller Landau Group Inc., Court Appointed Receiver) · S.E.A.M. Enterprises Ltd. (entity level, non-consolidated) — No preferred creditors (List C total $0.00); no contingent/trust claims (List D total $0.00); deficiency stated as $507,458.98
Documents5 filings
| Date | Document | File |
|---|---|---|
| Proof of claim | ||
Preliminary Report to First Meeting of Creditors
| ||
Notice to creditors
| ||
Certificate of appointment
| ||
Statement of affairs
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “SEAM Enterprises Ltd. – Bankruptcy” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/seam-enterprises-ltd-bankruptcy