1935187 Alberta Ltd., operating as Fantaci Sushi & Grill, entered bankruptcy in Alberta on December 10, 2018, under subsection 102(1) of the Bankruptcy and Insolvency Act, with Grant Thornton Limited acting as trustee (court file no. 25-2453341). A Statement of Affairs as at that date reported total liabilities of $227,855.67 against total assets of $167,804.00, a deficiency of $60,051.67. ATB Financial - Asset Management held a $202,074.42 claim secured against restaurant equipment and other assets valued at $167,804.00, leaving a $34,270.42 unsecured shortfall. Preferred claims for wages and rent totalling $5,754.62 were reported for landlord HREIT 39 Holdings Corporation c/o Slate Asset Management L.P. and employees including Andy Ma and Yousheng Lin, alongside unsecured trade claims such as Xingyuan Wu ($4,556.93) and Direct Energy ($3,154.42). The matter remains active.
The officer filed report no. Trustee's Preliminary Report to the Creditors on Preliminary Administration. Fantaci Sushi & Grill ceased operating after filing an Assignment into Bankruptcy on December 10, 2018 due to a downturn in business; the Trustee has since secured the premises, re-keyed doors, and is reviewing asset values, insurance, and the lease. Court file 25-2453341.
Source: Trustee's Prelominary Report to Creditors dated December 20, 2018.pdf
The Statement of Affairs for 1935187 Alberta Ltd., dated December 10, 2018, reported a deficiency of $60,051.67.
Source: Notice to Creditors of Bankruptcy dated December 12, 2018.pdf
Debtor
1935187 Alberta Ltd. oa Fantaci Sushi & Grill
Trustee in bankruptcy
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | ATB Financial - Asset Management · in 13 casesRestaurant equipment (appraised value $167,800.00); computer equipment & software; furniture & dining room equipment; kitchen cutlery & tools; leasehold improvements (each nominal $1.00 estimated value); total amount of claim $202,074.42 — Balance of claim after deducting estimated value of security ($167,804.00) from amount of claim ($202,074.42), as per Statement of Affairs List B — debtor: 1935187 Alberta Ltd. o/a Fantaci Sushi & Grill · as of 10 Dec 2018 | $34.3K | Notice to Creditors of Bankruptcy dated December 12, 2018.pdf |
Unsecured creditors: not yet estimated.EstimatedTrustee's Prelominary Report to Creditors dated December 20, 2018.pdf · 20 Dec 2018
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimatedconditional | Estimatedper the trustee | Trustee's Prelominary Report to Creditors dated December 20, 2018.pdf · 20 Dec 2018 |
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 |
|---|---|---|
Trustee's Prelominary Report to Creditors dated December 20, 2018.pdf
| PDF · Subscribers | |
Notice to Creditors of Bankruptcy dated December 12, 2018.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., “1935187 Alberta Ltd. oa Fantaci Sushi & Grill” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1935187-alberta-ltd-oa-fantaci-sushi-grill
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/1935187-alberta-ltd-oa-fantaci-sushi-grill
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.