Ontario · Bankruptcy
First Report of the Trustee
Court officer report · 7 April 2025
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What we verified from this filing12 verified
- appointeeB. Riley Farber Inc.
- appointee roleTrustee
- courtSUPERIOR COURT OF JUSTICE
- court file no31-2971927
- provinceONTARIO
- commencement date2 August 2023
- statutory basissection 49 of the Bankruptcy and Insolvency Act
- cash on handnote: Text states $322,542 collected in para 16 but table total is $323,542; funds held in Trustee's general trust account, not the estate's operating cash. · amount: 323542 · currency: CAD · qualifier: Subscription Funds held in trust, not general estate cash
- operational summaryClover's dating app was shut down and removed from app stores immediately upon bankruptcy, all employees were terminated, and the Trustee has only kept the operating bank account open to collect residual receipts, with no ongoing business operations.
- receipts cumulativenote: Cumulative Subscription Funds deposited by Apple and Google into Clover's BNS Account; text elsewhere cites $322,542. · since: September 7, 2023 to December 18, 2023 · amount: 323542 · currency: CAD
- report date4 April 2025
- report noFirst Report