Ontario · Bankruptcy
Trustee's First Report and Appendices
Court officer report · 27 October 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 filing10 verified
- courtSUPERIOR COURT OF JUSTICE
- provinceONTARIO
- appointeeMNP Ltd.
- appointee roleTrustee
- commencement date3 April 2025
- cash on handnote: No funds held in trust for WCI; Perley separately holds Trust Funds of approximately $625,400 and a $113,000 CFN deposit. · amount: 76 · currency: CAD · qualifier: approximately
- operational summaryThe Bankrupts ceased operations and terminated all employees around October 2023, and since the bankruptcy filing the Trustee has focused on realizing repossessed equipment, resolving disputes over the Building and Land Lease, and negotiating a global settlement among DTL, CFN and other stakeholders.
- professional feesnote: Excludes GST; Perley (Trustee's counsel) fees for the same period totaled $10,300 plus HST. · party: MNP Ltd. (Trustee) · amount: 93200 · period: period ended June 30, 2025 · currency: CAD
- report date27 October 2025
- report noFirst Report