Ontario · Bankruptcy
Trustee's Preliminary Report
Court officer report · 12 August 2026
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date24 July 2026
- court file no32-3402262
- provinceOntario
- financial positionnote: Company no longer had any assets (assets sold pre-bankruptcy for $340,000, proceeds insufficient to discharge RBC security). Table 'Provable Claims and Description of Creditors': Per Statement of Affairs - Secured $311,000.00, Unsecured $323,725.28, Total $634,725.28; Proven & Filed to August 12, 2026 - Secured Nil, Unsecured $324,423, Total $324,423. · basis: Statement of Affairs · scope: entity - 1000798451 Ontario Inc. · currency: CAD · total liabilities: 634725.28
- operational summaryThe Company, which operated a restaurant under the Turtle Jacks name, sold all of its remaining assets prior to bankruptcy and no longer operates any business; having no assets left, it filed an assignment in bankruptcy shortly after the sale closed.
- recovery outcomeentries: basis: estimated · quote: The Trustee does not anticipate any distribution to unsecured creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-08-12 · table missing:
- report date12 August 2026
- report noTrustee's Preliminary Report to Creditors on the Bankruptcy Administration