Ontario · Bankruptcy
Trustees Preliminary Report dated August 20, 2025.pdf
Court officer report · 20 August 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- cash on handnote: Stated as at the date of bankruptcy (an event date, not a specific calendar date given for this figure). · amount: 31224 · currency: CAD · qualifier: approximately
- financial positionnote: Components only, no total stated: cash on hand ~$31,224; estimated realizable accounts receivable ~$4,000; other assets (~650,000 resumes and outstanding customer contracts) of undetermined realizable value. All 'as at the date of bankruptcy'. · basis: Based on discussions with the Company; unaudited/management estimate figures provided to the Trustee · scope: CB Canada (single legal entity, unconsolidated) · currency: CAD
- operational summaryCB Canada's operations ceased following the US Parent's Chapter 11 sale of its job board assets to Bold, which resulted in liquidation/consolidation of CB Canada's operations; the Trustee has frozen bank accounts and is reviewing remaining assets, such as uploaded resumes and customer contracts, for possible realizable value.
- report date20 August 2025