0990260 BC Ltd
Follow- Proceeding
- ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B.-3, as amended
- File
- 11-3041075
0990260 BC Ltd filed a notice of intention to make a proposal on February 8, 2024 under section 50.4(1) of the Bankruptcy and Insolvency Act, commencing Division I proposal proceedings in British Columbia under court file 11-3041075, with Ernst & Young Inc. as Proposal Trustee. The proceedings remain active. Statements of Affairs covering the debtor group — Cannibal Café, Smitty's, Alphabet City, Park Drive GP and Park Drive LP — reported combined assets of CAD 114,979, with no liabilities stated on those pages. The Proposal Trustee recorded at Section G that there were no provable creditors as at the time its report was prepared, and no unsecured creditors are listed.
A claims procedure has been established — see the order for deadlines.
4 earlier updates, back to 8 February 2024 — subscribers.
Debtor
0990260 BC Ltd
Proposal trustee
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canada Revenue Agency (GST) · in 928 casesCRA GST indebtedness; deemed-trust class, ranks ahead of ordinary unsecured · as of 8 Feb 2024 | $203K | Notice to Creditors |
Unsecured creditors: a distribution.Under the plan · vote pendingTrustee's Preliminary Report · 15 Mar 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in fullconditional | Under the planvote pendingper the proposal trustee | Trustee's Preliminary Report · 15 Mar 2024 |
| Preferred | — | — | paid in fullconditional | Under the planvote pendingper the proposal trustee | Trustee's Preliminary Report · 15 Mar 2024 |
| Unsecured | Affected Creditors Class (unsecured creditors with a Proven Claim) | — | a distribution | Under the planvote pendingper the proposal trustee | Trustee's Preliminary Report · 15 Mar 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Proof of Claim Form | PDF · Subscribers | |
Proposal
| PDF · Subscribers | |
Proxy Form
| PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
| Voting Letter | PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Certificate for the Notice of Intention
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “0990260 BC Ltd” (Proposal). Retrieved 20 September 2026, https://proceedings.ca/case/0990260-bc-ltd