Proceedings.

0990260 BC Ltd

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Proceeding
ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B.-3, as amended
File
11-3041075
Filings held7
Last activity15 Mar 2024
On the record1,002 days
OverviewSummary updated

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.

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Case updates7 dated entries
Parties

Debtor

0990260 BC Ltd

Proposal trustee

EY

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency (Source Deductions) · in 986 casesCRA source deductions; deemed-trust class, ranks ahead of ordinary unsecured · as of 8 Feb 2024$132KNotice to Creditors
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

29 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution.Under the plan · vote pendingTrustee's Preliminary Report · 15 Mar 2024

ClassCreditorClaimsRecoveryBasisSource
Deemed trust——paid in fullconditionalUnder the planvote pendingper the proposal trusteeTrustee's Preliminary Report · 15 Mar 2024
Preferred——paid in fullconditionalUnder the planvote pendingper the proposal trusteeTrustee's Preliminary Report · 15 Mar 2024
UnsecuredAffected Creditors Class (unsecured creditors with a Proven Claim)—of proven claimsUnder the planvote pendingper the proposal trusteeTrustee'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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents7 filings
DateDocumentFile
Proof of Claim FormPDF · Subscribers
Proposal
  • Recovery outcome Entries: per plan; per plan; per plan · Stated on: 2024-03-14 · Table missing:
PDF · Subscribers
Proxy Form
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Trustee's Preliminary Report
  • Appointee Ernst & Young Inc.
  • Appointee role Proposal Trustee
  • Proceeding type bia_proposal
  • Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Voting LetterPDF · Subscribers
Notice to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate for the Notice of Intention
  • Appointee ERNST & YOUNG INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 8 February 2024
  • Court file no 11-3041075
  • + 1 more extracted fact
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 5 November 2026, https://proceedings.ca/case/0990260-bc-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/0990260-bc-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.