Taurasi, Dino

Dino Taurasi was adjudged bankrupt by the Ontario Superior Court of Justice (in Bankruptcy and Insolvency) on December 16, 2025, on an application filed July 30, 2025 by KingSett Mortgage Corporation, with KSV Restructuring Inc. as trustee in bankruptcy. His sworn Statement of Affairs discloses minimal assets, $16 in a National Bank of Canada account, against unsecured claims totalling approximately $303 million, most arising from guarantees and director's liabilities for debts of Stateview Group entities in receivership. The largest claims listed are Tarion Warranty Corporation at approximately $177.2 million, MCO Management Inc. and Toronto-Dominion Bank at approximately $37.5 million each, KingSett and Meridian Credit Union Ltd. at approximately $21 million each, and the Canada Revenue Agency at approximately $5.7 million. The trustee is reviewing allegations of improper payments and unaccounted assets, and unless material undisclosed assets are found, no distribution to unsecured creditors is expected. KingSett has provided the trustee $50,000 as security for fees and costs.