Ontario · Receivership (court-appointed)
Preliminary Report of Trustee 12078503 Canada Inc and Eknors Auto Inc
Court officer report · 13 April 2026
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What we verified from this filing5 verified
- commencement date23 March 2026
- court file no35-3349896 and 35-3349901
- provinceOntario
- financial positionnote: Eknors Statement of Affairs: Deemed Trust $22,858, Secured $340,000, Preferred $nil, Unsecured $2,526,302, Total $2,889,160 (Proven: all $nil). 120 Canada Statement of Affairs: Deemed Trust $nil, Secured $2,720,268, Preferred $nil, Unsecured $99,534, Total $2,819,802 (Proven: all $nil). No total assets figure stated for either estate; the Trustee anticipates a shortfall to secured lenders. · basis: Per Statement of Affairs (debtor's own estimate); Proven claims shown as $nil as at report date · scope: entity-specific, not consolidated: two separate bankruptcy estates (Eknors Auto Inc. and 12078503 Canada Inc.) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: The Receiver anticipates a shortfall to the secured lenders in the Receivership. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: secured lenders · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As a shortfall is expected to the secured lenders in the receivership, the Trustee does not anticipate a dividend to unsecured creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · conditional on: As a shortfall is expected to the secured lenders in the receivership · claims qualifier: unstated; basis: estimated · quote: This deemed trust will be fully paid trough the receivership. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: trustee · class label: Deemed Trust (CRA) · creditor name: CRA · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-10 · table missing: