Ontario · NOI
Motion Record of the Proposal Trustee dated Aug. 12, 2026 (returnable Aug. 21, 2026)
Application / notice of application · 12 August 2026
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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 filing8 verified
- courtONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST) (IN BANKRUPTCY AND INSOLVENCY)
- court file noBK-26-03372763-0032
- provinceONTARIO
- appointeeALBERT GELMAN INC.
- appointee roleProposal Trustee
- unsecured creditorsnote: Contingent unsecured claim; PC Bank abstained from voting on Amended Proposal as validity/valuation not yet determined by Proposal Trustee · page: 10 · as of: February 2026 (litigation commencement) · basis: Litigation claim seeking damages; unsecured contingent claim filed in the proposal proceedings, subject to a holdback (PC Bank Holdback) pending determination of validity and valuation by the Proposal Trustee · amount: 1344617 · debtor: Endo Networks Inc. · creditor: President's Choice Bank · currency: CAD
- secured creditorsnote: OSL became the Company's primary secured creditor via assignment of debt and security agreement dated July 16, 2026; OSL is also acquiring a 75% equity interest in the Company, indicating a related-party relationship post-transaction · page: 11 · as of: July 16, 2026 (assignment of debt and security agreement) · debtor: Endo Networks Inc. · creditor: OSL Retail Services Inc. (as assignee of Bank of Nova Scotia) · currency: CAD · security: General security assigned from BNS, excluding security over a motor vehicle retained by BNS
- secured creditorsnote: Originally the Company's sole secured creditor as at NOI filing; assigned its claim, indebtedness and security to OSL on July 16, 2026, except in respect of a motor vehicle, which security was retained by BNS · page: 11 · as of: NOI filing date · debtor: Endo Networks Inc. · creditor: Bank of Nova Scotia · currency: CAD · security: Security over a motor vehicle (retained following assignment)