Spektrum Glasses Inc.

Proceeding: CCAAs. 243(1) of the Bankruptcy and Insolvency Act and s. 101 of the Courts of Justice Act
Court: Ontario Superior Court of Justice
File: CV-23-00692649-00CL
Industry: Retail · Health & beauty retail

Filings held3

Last activity27 Jan 2023

On the record1,385 days

OverviewSummary updated 21 August 2026

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.

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Case updates3 dated entries

27 Jan 2023

#Claims

245 and 246 Notice — Notice to creditors

PDF · Subscribers

20 Jan 2023

#Order

Endorsement was filed. Court file CV-23-00692649-00CL.

Source: Endorsement

20 Jan 2023

#Order

Initial Order — Initial order

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Parties

Debtor

Spektrum Glasses Inc.

Monitor

Bench and counselPer the orders and service lists on the record

Bench

Judge	Court	On this docket	Cases on record
Justice Kimmel	Ontario Superior Court of Justice	2 orders, Jan 2023	198 cases on record

Counsel of record

Party	Counsel	First seen	Source
ApplicantSpektrum Glasses Inc.	Chaitons LLP	20 Jan 2023	Order · 20 Jan 2023

Capital structureAs asserted in the filings

stated amounts, drawn to scale · for subscribers

#	Priority class	Creditor	Amount	Source
4	Secured	Bank of Montreal · in 297 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
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured

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

Every creditor and every amount, drawn to scale.

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Documents3 filings

Date	Document	File
27 Jan 2023	245 and 246 Notice Appointee Ernst & Young Inc. Appointee role receiver Commencement date 20 January 2023 Financial position Subscribers + 3 more extracted facts	PDF · Subscribers

20 Jan 2023	Endorsement Applicant Bank of Montreal Appointee Ernst & Young Inc. Appointee role receiver Commencement date 20 January 2023 + 4 more extracted facts	PDF · Subscribers

20 Jan 2023	Initial Order Applicant BANK OF MONTREAL Appointee Ernst & Young Inc. Appointee role receiver Counsel Chaitons LLP + 4 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., “Spektrum Glasses Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/spektrum-glasses-inc

Key facts