Proceedings.

Tero Innovation Inc.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
200-11-028562-232
Filings held5
Last activity12 May 2023
On the record1,229 days
Secured debtSubscribers
OverviewSummary updated

Tero Innovation Inc. has been in bankruptcy in Quebec since 11 May 2023, under court file no. 200-11-028562-232. Its statement of affairs reports total assets of $1,343,479.00 against total liabilities of $6,907,002.99, a deficit of $5,563,523.99. Unsecured creditors (Liste A) account for $3,030,892.91 and secured creditors (Liste B) for $1,200,002.00, with contingent and trust claims (Liste D) of $2,676,108.08 and preferred claims (Liste C) stated at $0.00.

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Case updates4 dated entries · 1 undated

1 earlier update, back to 11 May 2023 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Tero Innovation Inc.

Trustee in bankruptcy

Lemieux Nolet Inc.

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBanque Nationale du Canada - Prêts Personnels a/s FCT Solutions de recouvrement · in 5 casesBiens de l'entreprise - Inventaire (valeur comptable, évaluée à 1 200 000,00); Propriété intellectuelle/Brevet/Design (valeur indéterminée, évaluée à 1,00); Inventaire de moules (évaluée à 1,00) — Total claim registered $1,975,000.00; security valued at $1,200,002.00 as of 09-mai-2023 leaving unsecured balance of $774,998.00 per Liste B; also appears in Liste A (Créanciers Non Garantis) as unsecured balance of $774,998.00 — debtor: Tero Innovation inc. · as of 9 May 2023$775KNotice to creditors
25 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents5 filings
DateDocumentFile
Avis aux créanciersPDF · Subscribers
Exemple de preuve de réclamation dûment complétée
  • Commencement date 11 May 2023
PDF · Subscribers
Notice to creditors
  • Commencement date 11 May 2023
  • Court file no 200-11-028562-232
  • Proceeding type bia_bankruptcy
  • Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Preuve de réclamation
  • Commencement date 11 May 2023
PDF · Subscribers
Proof of claimPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Tero Innovation Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/tero-innovation-inc

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/tero-innovation-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.