1208736 BC Ltd
- Proceeding
- Proposalsection 50.4(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B.-3, as amended
- File
- 11-3041258
1208736 BC Ltd commenced proposal proceedings in British Columbia on February 8, 2024 by filing a notice of intention to make a proposal under section 50.4(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B.-3, as amended, under court file 11-3041258. Ernst & Young Inc. acts as Licensed Insolvency Trustee. A combined Statement of Affairs covering Cannibal Café, Smitty's, Alphabet City, Park Drive GP and Park Drive LP puts total assets at $114,979, comprising $60,000 for Cannibal Café, $37,957 for Smitty's, $17,022 for Park Drive GP, and nil for each of Alphabet City and Park Drive LP. The trustee recorded that there were no provable creditors as at the preparation of its report, proofs of claim not having been filed. The proceeding remains active.
A claims procedure has been established — see the order for deadlines.
Notice of intention to make a proposal dated February 8, 2024 started the Division I proposal process under section 50.4(1), with Ernst & Young Inc. as Licensed Insolvency Trustee.
Debtor
1208736 BC Ltd
Proposal trustee
EY
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed 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 | $130K | Notice to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
22 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: a distribution. Canada Revenue Agency paid in full.Under the plan · vote pendingTrustee's Preliminary Report · 15 Mar 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planvote pendingper the debtor | Proposal · 14 Mar 2024 |
| Deemed trustCrown Claims (CRA source deductions) | Canada Revenue Agency | — | 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) | — | of proven claims | 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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| 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., “1208736 BC Ltd” (Proposal). Retrieved 5 November 2026, https://proceedings.ca/case/1208736-bc-ltd