Spektrum Glasses Inc.
Follow- Proceeding
- CCAAs. 243(1) of the Bankruptcy and Insolvency Act and s. 101 of the Courts of Justice Act
- File
- CV-23-00692649-00CL
Spektrum Glasses Inc. is the subject of active proceedings under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice, court file CV-23-00692649-00CL, on the application of Bank of Montreal, with Ernst & Young Inc. acting as receiver. The Receiver reports Bank of Montreal as a secured creditor of Spektrum Glasses Ltd. in the approximate amount of $2,361,000, supported by a registered general security interest. A list of unsecured creditors dated January 2023 records $1,021,612.85 owed to related parties who may be insiders — James Edwards, the Edwards Family Trust, Siarhei Kadach, the Kadach Family Trust and Yuliya Kadach — together with $215,349.71 to Website Properties LLC, $120,000 to Ourlook (Zhangzhou) Optical Technology Co., Ltd, $3,287.96 to ProPack and $1,421.82 to CapriCMW Insurance Services Ltd.
Debtor
Spektrum Glasses Inc.
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jan 2023 | 182 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantSpektrum Glasses Inc. | Chaitons LLP | 20 Jan 2023 | Order · 20 Jan 2023 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesGeneral security interest (registered) — Amount stated in ($000) table; approximate amount owed as reported by Receiver — debtor: Spektrum Glasses Ltd. | $2.36M | 245 and 246 Notice |
| 8 | Unsecured | James Edwards, Edwards Family Trust, Siarhei "Sergei" Kadach, Kadach Family Trust, Yuliya Kadachas of 2023-01 — Related parties (individuals/trusts); may be insiders — debtor: Spektrum Glasses Ltd. | $1.02M | 245 and 246 Notice |
| 8 | Unsecured | Website Properties LLCas of 2023-01 — debtor: Spektrum Glasses Ltd. | $215K | 245 and 246 Notice |
| 8 | Unsecured | Ourlook (Zhangzhou) Optical Technology Co., Ltdas of 2023-01 — debtor: Spektrum Glasses Ltd. | $120K | 245 and 246 Notice |
| 8 | Unsecured | ProPackas of 2023-01 — debtor: Spektrum Glasses Ltd. | $3.29K | 245 and 246 Notice |
| 8 | Unsecured | CapriCMW Insurance Services Ltd.as of 2023-01 — debtor: Spektrum Glasses Ltd. | $1.42K | 245 and 246 Notice |
| Date | Document | File |
|---|---|---|
245 and 246 Notice
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Endorsement
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Initial Order
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Spektrum Glasses Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/spektrum-glasses-inc