Baraco-Atlantic Corp
- Proceeding
- NOISections 50(10) b) and 50(5) of the Bankruptcy and Insolvency Act
- File
- 20522
- Industry
- Construction · General contractors
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.
Certificate of Filing of a Notice of Intention to Make a Proposal — NOI certificate of filing
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 | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
119 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution.Under the planTrustee’s Report on Proposal · 21 Nov 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in fullconditional | Under the planper the debtor | Notice of proposal to creditors · 18 Nov 2016 |
| Preferred | — | — | paid in fullconditional | Under the planper the debtor | Notice of proposal to creditors · 18 Nov 2016 |
| Unsecured | — | — | conditional | Under the planper the proposal 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.
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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See all plansAs 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 Report on Proposal
| PDF · Subscribers | |
Notice of proposal to creditors
| PDF · Subscribers | |
| Notice to Creditors of an Extension (until November 5, 2016) | PDF · Subscribers | |
Judgement for Third Extension of Delay to File a Proposal
| PDF · Subscribers | |
| Notice to Creditors of an Extension (until September 22, 2016) | 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 4 November 2026, https://proceedings.ca/case/baraco-atlantic-corp