#Report
Trustee’s Report to the First Meeting of Creditors on Preliminary Administration – dated September 18, 2024 — Court officer report
TruHarvest Meats Inc.
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- Proceeding
- BankruptcySection 50.1, Subsections 65.2(4), 81.2(1), 81.3(8), 81.4(8), 81.5, 81.6, 102(2), 124(2), 128(1), and Paragraphs 51(1)(e) and 66.14(b) of the Act
- File
- 31-3121918
Filings held5
Last activity18 Sep 2024
On the record753 days
Secured debt$5.35M
OverviewSummary updated
TruHarvest Meats Inc. became bankrupt on August 29, 2024, in Ontario, with Richter Inc. appointed trustee under section 49 of the Bankruptcy and Insolvency Act. Court file no. 31-3121918.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
#Claims
A claims procedure was approved.
Source: Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024
Parties
Debtor
TruHarvest Meats Inc.
Trustee in bankruptcy
Richter
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Eusi Farms Ltd.as of Date of Bankruptcy — Security interest over all assets of the Company — Related party (funded Company via equity); Statement of Affairs states claim of approximately $5.3 million as at Date of Bankruptcy; exact amount from filed Proof of Claim as recorded at time of report is $5,345,131.16 — debtor: TruHarvest Meats Inc. | $5.35M | Trustee’s Report to the First Meeting of Creditors on Preliminary Administration – dated September 18, 2024 |
| 6 | Landlord preferred | Tri-Pet Holdings LtdPREFERRED claim (List C, wages/rent; likely landlord/rent). Same address (39 Skyline Trail, Nobleton) as Gen Evo Investments; ranks ahead of ordinary unsecured — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $282K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 6 | Landlord preferred | Gen Evo Investments IncPREFERRED claim (List C, wages/rent). Same address (39 Skyline Trail, Nobleton) as Tri-Pet Holdings; ranks ahead of ordinary unsecured — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $46.4K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Eusi Farms LtdSeparate unsecured claim of Eusi Farms Ltd (List A #17); same creditor also holds a secured claim in List B and its unsecured deficiency (next entry) — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $10.9M | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Eusi Farms LtdUnsecured deficiency (balance of the List B secured claim, security valued at $1.00); recorded in List A #18 'Balance of claim' column — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $5.35M | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | United Food and Commercial Workers Canada, Local 1006AUnion claim (collective agreement / grievance) — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $1.52M | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Director of Employment Standards in Trust (Attn: Grainne McGrath)Ontario Director of Employment Standards holding employee (ESA/wage) claims in trust; listed in the unsecured column — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $77.8K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Diversey Canada Inc. · in 3 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $17.2K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | H & A Canada Incdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $16.3K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Ryder Truck Rental Canada Ltd. · in 15 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $12.7K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | BERG Industrial Servicedebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $7.93K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | FROMM Packaging Systems · in 2 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $7.2K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | DuBois Chemicals Canadadebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $6.54K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Aqua Mobile Wash · in 2 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $5.37K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | iTRADE Network Inc · in 2 casesUS-address creditor (Atlanta, GA); taken as CAD — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $5.13K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Ritu BaliListed as a named individual in the itemized creditor list — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $4.76K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | AIB Internationaldebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $4.66K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Canadian Beef Grading Agencydebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $4.25K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Multivac Canada Incdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $2.85K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Ai HR Solutions Inc.debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $2.63K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Bell Canada · in 298 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $1.45K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Erb Transport · in 5 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $1.27K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | All-Lift Ltd. · in 2 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $1.06K | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Docucomm Business Systems · in 2 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $846 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | C B STEALTH EXPRESS INCdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $780 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Rentokill Canada Corporationdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $695 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Staples · in 40 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $689 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Bearings and Belting for Industry (2021)debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $532 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | JPak Professional Corporationdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $458 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | AMR Gases Ltddebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $164 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | UPS Canada · in 92 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $160 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | EDI Gateway · in 6 casesdebtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $96 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
| 8 | Unsecured | Royal Bank of Canada · in 556 casesListed as unsecured — debtor: TruHarvest Meats Inc. · as of 28 Aug 2024 | $84 | Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024 |
Estate financialsReported figures — never derived
Total assets at filing$1
Total liabilities at filing$18.3M
As at 28 Aug 2024 · per Form 78 Statement of Affairs (Business Bankruptcy) made by the entity, as stated and estimated by the officer, sworn by Silvia Burgin · Single entity: TruHarvest Meats Inc. — Balance sheet: Unsecured creditors per List A 12,648,751.86 + Balance of secured claims per List B 5,345,131.16 = Total unsecured creditors 17,993,883.02; Secured creditors per List B 1.00 (estimated value of security on Eusi Farms' 5,345,132.16 claim); Preferred creditors per List C 328,419.72; Contingent/trust claims per List D 0.00; Total liabilities 18,322,303.74. Total assets 1.00 (Other property, List H); all other asset lines nil; Deficiency 18,322,302.74. Assignment filed 2024-08-29; SOA declared as at 2024-08-28 (as_at used).
Documents5 filings
| Date | Document | File |
|---|---|---|
Trustee’s Report to the First Meeting of Creditors on Preliminary Administration – dated September 18, 2024
| ||
| Registration Form | ||
Notice of Bankruptcy, First Meeting of Creditors – dated September 5, 2024
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Certificate of Appointment – dated August 29, 2024
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Proof of Claim Form
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “TruHarvest Meats Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/truharvest-meats-inc