Sonder Canada Inc. and Hospitalité Sonder Canada Inc. entered bankruptcy under the Bankruptcy and Insolvency Act in Quebec on November 12, 2025, and the proceeding remains active. The list of known creditors puts estimated debts, secured and unsecured and including intercompany accounts, at $3,471,516 as at that date; total assets are not stated. Secured claims are carried at nominal amounts. The Statement of Affairs records a landlord that made furniture, fixtures and equipment loans to the companies, holding a registered movable hypothec, and, against Hospitalité Sonder Canada Inc., a registrant holding a movable hypothec over leased vehicles, each entered at $1.00. The creditor list for Sonder Canada Inc. likewise records Prime Properties Inc., Silicon Valley Bank and Trade Square 300 Inc. at $1.00 each.
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The court granted an approval and vesting order for the sale to UpNext Ventures Inc. Closing terms, as extracted: vesting occurs upon issuance of the Trustee's certificate confirming payment of the purchase price and satisfaction/waiver of conditions. Sealed: Purchase Agreement (redacted excerpts) and Report Appendix A.
The court granted an approval and vesting order for the sale to Nester and Finn Leases Inc. Closing terms, as extracted: Vesting of Purchased Assets and assignment of Assigned Leases occurs upon issuance of the Trustee's Certificate, conditional on execution and delivery of the Purchase Agreement, payment of the Purchase Price, and satisfaction/waiver of closing conditions. Sealed: Purchase Agreement filed under seal, emails and revised proposals filed as Exhibits R-6.
The officer filed report no. Second Report of the Trustee. The Debtors are in bankruptcy; the Trustee is selling FF&E at nine former properties, is disclaiming the three Montreal leases, and is seeking court approval to assign three Toronto leases and the related FF&E to a purchaser, in an expedited process driven by accruing occupation rent.
The leases went in December, the furniture with them, and by January the bankrupt Canadian Sonder entities had nothing material left but domain names and trademarks. Selling them meant running a solicitation process the estates' own inspectors were disqualified from touching — because the party they represent was one of the bidders the trustee intended to approach.
Parties
Debtor
Sonder Canada Inc. and Hospitalité Sonder Canada Inc.
Trustee in bankruptcy
EY
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#
Priority class
Creditor
Amount
Source
4
Secured
Silicon Valley Bank · in 4 casesNominal estimated debt amount as stated in creditor list; unclear if reflects actual balance — debtor: Sonder Canada Inc. · as of 12 Nov 2025
$1
Sonder Canada Inc. - Updated Creditors List
4
Secured
4
Secured
8
Unsecured
8
Unsecured
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4 more claims in 2 classes The stack holds Secured and Unsecured claims.
Nester and Finn Leases Inc.the Debtor's rights and obligations under the leases described in Schedule A hereto (the Assigned Leases and each an Assigned Lease) and ... the other purchased assets described in the Purchase Agreement consisting notably of furniture, fixtures and other equipment related to the locations subject to the Assigned Leases (the FF&E and, collectively with the Assigned Leases, the Purchased Assets) · asset sale
referred to only as 'the purchaser' in this transcript; Proposed Purchaser identified elsewhere as UpNext Ventures Inc.the sale of 73 domain names, 51 registered trademarks, and the Debtors' rights and interests in any other intellectual property identified in Schedule B of the Purchase Agreement · asset sale
Closing termsvesting occurs upon issuance of the Trustee's certificate confirming payment of the purchase price and satisfaction/waiver of conditionsApproval and Vesting Order
Sealed materialsPurchase Agreement filed under seal; emails and revised proposals filed as Exhibits R-6; Purchase Agreement (redacted excerpts) and Report Appendix AApproval, Vesting and Assignment Order
Estate financialsReported figures — never derived
Total liabilities at filing
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
Process results10 NDAs · 3 bids · as of 29 May 2026
Purchaserreferred to only as 'the purchaser' in this transcript; Proposed Purchaser identified elsewhere as UpNext Ventures Inc. · the sale of 73 domain names, 51 registered trademarks, and the Debtors' rights and interests in any other intellectual property identified in Schedule B of the Purchase Agreement · asset sale · approved
Sale outcomeSale approved — The Court will sign the requested approval and vesting order approving the Proposed Transaction with the purchaser
Closing termsVesting of Purchased Assets and assignment of Assigned Leases occurs upon issuance of the Trustee's Certificate, conditional on execution and delivery of the Purchase Agreement, payment of the Purchase Price, and satisfaction/waiver of closing conditions.
Order date23 December 2025
Presiding officerJustice Patrick Ouellet
PurchaserNester and Finn Leases Inc. · the Debtor's rights and obligations under the leases described in Schedule A hereto (the Assigned Leases and each an Assigned Lease) and ... the other purchased assets described in the Purchase Agreement consisting notably of furniture, fixtures and other equipment related to the locations subject to the Assigned Leases (the FF&E and, collectively with the Assigned Leases, the Purchased Assets) · asset sale · approved
Sale outcomeSale closed — the Purchase Agreement has been executed and delivered; the Purchase Price has been paid; and all conditions to closing have been satisfied or waived
Operational summaryThe Debtors are in bankruptcy; the Trustee is selling FF&E at nine former properties, is disclaiming the three Montreal leases, and is seeking court approval to assign three Toronto leases and the related FF&E to a purchaser, in an expedited process driven by accruing occupation rent.
Cash on hand · Disbursements · Financial positionSubscribers
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Sonder Canada Inc. and Hospitalité Sonder Canada Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/sonder-canada-inc-and-hospitalit-sonder-canada-inc
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/sonder-canada-inc-and-hospitalit-sonder-canada-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.