Steve's T.V. & Appliances Limited
- Proceeding
- NOIPart III, Division I of the Bankruptcy and Insolvency Act (“BIA”)
- File
- 35-2227642
- Industry
- Retail · Home, furniture & electronics retail
Steve's T.V. & Appliances Limited is the subject of active insolvency proceedings in the Ontario Superior Court of Justice, court file 35-2227642, commenced 13 March 2017. A court officer's report filed that day carries a creditor mailing list. Canadian Imperial Bank of Commerce is listed as secured in the amount of $61,572.33 and Wells Fargo Capital Finance Corporation at $24,149.71, with Wells Fargo also appearing on the unsecured list at $6,253.00. The largest unsecured claims include LG Electronics Canada., Inc at $46,445.56, Randy Martin at $29,957.47, Transamer Comm (Samsung) at $27,356.07, Staub Electronic Ltd at $26,554.40 and Entertainment One at $25,617.45. The Canada Revenue Agency is listed on three accounts, one of them at $21,195.00. Employee wage claims of $4,918.96 are shown as a preferred claim, and City of Kitchener municipal taxes as a possible preferred claim.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Second Report. The Company has continued operating post-NOI, completing new sales and custom projects while cutting costs and terminating 8 employees. Attempts to sell the DVD division as a going concern failed, so it plans a retail liquidation sale of that division's inventory starting early June 2017. It seeks a further 45-day stay extension to July 11, 2017. Court file 35-2227642.
An application was filed on April 6, 2017, the second date the record carries as a commencement date for this proceeding.
Source: Motion Record .pdf
The officer filed report no. First Report. The Company has continued business operations post-NOI, including new sales, collecting receivables and liquidating inventory, while cutting costs (terminating 8 employees), renegotiating rent and reviewing options for its DVD and custom audio/video businesses. Court file 35-2227642.
Undated filings2 — no date appears on the document · show
Debtor
Steve's T.V. & Appliances Limited
Proposal trustee
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Registrar Stevens | Ontario Superior Court of Justice | 1 order, May 2017 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantSteve's T.V. & Appliances Limited | SimpsonWigle LAW LLP | 12 Apr 2017 | Order · 12 Apr 2017 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Imperial Bank of Commerce · in 72 casesAttention: Dom Glavota, c/o Gowling WLG — debtor: Steve's T.V. & Appliances Limited | $61.6K | Notice of Bankruptcy and First Meeting of Creditors.pdf |
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
100 more claims in 3 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansCumulative receipts
$393K
As at 19 May 2017Second Report to the Court (NOI extension).pdf
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Certificate of Assignment.pdf | PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors.pdf
| PDF · Subscribers | |
Report of Trustee on Non-Filing of a Proposal .pdf
| PDF · Subscribers | |
Court Order (NOI Extension) .pdf
| PDF · Subscribers | |
Second Report to the Court (NOI extension).pdf
| PDF · Subscribers | |
Court Order (NOI Extension) - April 12,2017.pdf
| PDF · Subscribers | |
Motion Record .pdf
| PDF · Subscribers | |
First Report to the Court (NOI extension).pdf
| PDF · Subscribers | |
Certificate for the Notice of Intention.pdf
| PDF · Subscribers | |
| Notice of Intention to Make a Proposal.pdf | PDF · Subscribers | |
| Consent of Trustee.pdf | PDF · Subscribers | |
| Proof of Claim.pdf | PDF · Subscribers | |
| Proxy.pdf | 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., “Steve's T.V. & Appliances Limited” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/steve-s-t-v-appliances-limited