1616533 Alberta Ltd.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act, RSC 1985, c B-3
- File
- 25-2699691
1616533 Alberta Ltd. was placed into bankruptcy in Alberta when the Court of Queen's Bench of Alberta made a bankruptcy order against the company on December 15, 2020 (court file nos. 2001-11630 and 25-2699691), on the application of Royal Bank of Canada. Grant Thornton Limited acts as trustee. A Statement of Affairs reported total liabilities of $321,533.50 against total assets of $11,515.00, a deficiency of $310,018.50. Royal Bank of Canada's claim, secured against fixtures and equipment valued at $11,515.00, left a $150,209.56 unsecured balance; other unsecured creditors include UMI Sushi Express Inc. ($47,500.00), RBC Visa ($47,158.86), Conexus Credit Union ($40,400.00) and the Canada Revenue Agency ($23,937.08). The matter remains active.
Debtor
1616533 Alberta Ltd.
Trustee in bankruptcy
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (811210517RP0001) · in 985 casesCRA Deemed Trust class; contingent liability, amount expected to rank for dividend is $0.00 — debtor: 1616533 Alberta Ltd. · as of 15 Dec 2020 | $1 | Creditor Package - December 22, 2020.pdf |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
19 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Preliminary Report to Creditors - January 13, 2021.pdf · 13 Jan 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report to Creditors - January 13, 2021.pdf · 13 Jan 2021 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors - January 13, 2021.pdf
| PDF · Subscribers | |
Creditor Package - December 22, 2020.pdf
| 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., “1616533 Alberta Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/1616533-alberta-ltd