Ontario · Receivership (court-appointed)
Delviro - Preliminary Report of Trustee
Court officer report · 23 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 filing2 verified
- financial positionnote: Assets are nominal recorded amounts: Loan to company under common ownership $1; Potential transfers at undervalue $1. Liabilities: Secured Creditors $2; Unsecured Creditors $8,226,098. Date is the date of bankruptcy (assignment filed October 3, 2025). The Trustee states it appears unlikely any assets will be available for distribution to creditors after payment of the debt to National Bank of Canada as secured creditor. · as at: 2025-10-03 · basis: As stated in the Statement of Affairs (SOA); recorded amounts, relying on unaudited financial information and Company records, no audit or verification performed by the Trustee · scope: Delviro Inc. (single entity) · currency: CAD · total assets: 2 · total liabilities: 8226100
- recovery outcomeentries: basis: estimated · quote: At this time, the Trustee is not in a position to determine for certain if there will be any funds available for distribution to the creditors. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: trustee · class label: creditors · interim final: unstated · conditional on: payment of the debt to the National Bank of Canada, as secured creditor · claims qualifier: unstated · stated on: 2025-10-23 · table missing: