#Order
KPMG Inc. was discharged as trustee of the estate by order of the registrar, with security released and books to be kept per Rule 68.
Source: Trustee's Discharge Order
Tarn Construction Corporation
ClosedFollow
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2955031
- Industry
- Construction
Filings held6
Last activity19 Dec 2024
On the record1,240 days
OverviewSummary updated
Tarn Construction Corporation made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on 14 June 2023, with KPMG Inc. as trustee and the estate administered in the Ontario Superior Court of Justice under court file 31-2955031. The sworn Form 78 statement of affairs put the company's assets at nil against liabilities of $11,563,606.93, producing a deficiency in the same amount. All of that debt was listed as unsecured; secured, preferred and contingent or trust claims were each shown at nil. The largest listed claim was $9,573,131.00 owing to Tarn Financial Corporation, followed by Thyssenkrupp Elevator at $647,829.00 and the Canada Revenue Agency at $560,214.00. The proceeding is closed.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
FormProof of Claim
Proceedings AIOpen Proceedings AI
Case updates5 dated entries · 2 undated
Undated filings2 — no date appears on the document · show
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Parties
Debtor
Tarn Construction Corporation
Trustee in bankruptcy
KPMG
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Tarn Financial CorporationLargest unsecured creditor listed (#66); name suggests a related/affiliated company but the document does not state any relationship. Date is the date of bankruptcy. — debtor: Tarn Construction Corporation · as of 14 Jun 2023 | $9.57M | Notice to Creditors |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
76 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 5 Jul 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | creditors of Tarn Construction | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report · 5 Jul 2023 |
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
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments6 filings
| Date | Document | File |
|---|---|---|
| Trustee's Discharge Order dated December 19, 2024 | PDF · Subscribers | |
Trustee's Preliminary Report dated July 5, 2023
| PDF · Subscribers | |
| Certificate of Assignment dated June 14, 2023 | PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
| Proxy | 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., “Tarn Construction Corporation” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/tarn-construction