Baraco-Atlantic Corp
Follow- Proceeding
- NOISections 50(10) b) and 50(5) of the Bankruptcy and Insolvency Act
- File
- 20522
Baraco-Atlantic Corp. filed a notice of intention on May 18, 2016 in the Supreme Court of Newfoundland and Labrador (General Division) in Bankruptcy and Insolvency, court file 20522, with MNP Ltd. as trustee, and the matter remains active. The proceeding proceeds under sections 50(10) b) and 50(5) of the Bankruptcy and Insolvency Act. The list of creditors with claims of $250 or more is dominated by construction trades, the largest being Air Tite Sheet Metal at $159,889.26, Boss Construction at $154,352.24, Yetman's Sheet Metal at $153,588.48 and Bayview Electrical at $152,925.55. Bank of Montreal is listed as unsecured for $114,823.36, and Contour Atlantic Corp., which shares the debtor's address, for $13,019.08.
7 earlier updates, back to 18 May 2016 — subscribers.
Debtor
Baraco-Atlantic Corp
Proposal trustee
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Air Tite Sheet Metalas of NOI filing date — debtor: Baraco-Atlantic Corp. | $160K | Notice to Creditors of Intention to Make a Proposal |
Unsecured creditors: a distribution.Under the planTrustee’s Report on Proposal · 21 Nov 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Crown claims (DAS) | — | paid in full | Under the planper the trustee | Trustee’s Report on Proposal · 21 Nov 2016 |
| Preferred | preferred claims (employee's claims) | — | paid in full | Under the planper the trustee | Trustee’s Report on Proposal · 21 Nov 2016 |
| Unsecured | — | — | a distribution | Under the planper the trustee | Trustee’s Report on Proposal · 21 Nov 2016 |
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 Report on Proposal
| PDF · Subscribers | |
Notice of proposal to creditors
| PDF · Subscribers | |
| Notice to Creditors of an Extension (until November 5, 2016) | PDF · Subscribers | |
| Notice to Creditors of an Extension (until September 22, 2016) | PDF · Subscribers | |
Judgement for Third Extension of Delay to File a Proposal
| PDF · Subscribers | |
| Judgement for Second Extension of Delay to File a Proposal | PDF · Subscribers | |
Judgement for First Extension of Delay to File a Proposal (until August 1, 2016)
| PDF · Subscribers | |
| Notice to Creditors of an Extension (until August 1, 2016) | PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal | PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal
| 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., “Baraco-Atlantic Corp” (NOI), Supreme Court of Newfoundland and Labrador. Retrieved 20 September 2026, https://proceedings.ca/case/baraco-atlantic-corp