#Filing
Commenced the insolvency proceeding, fixing November 6, 2016 as the date of bankruptcy for Contour Atlantic Corporation.
Source: Certificate of Assignment
Contour Atlantic Corporation
FollowActive
- Proceeding
- BankruptcyParagraph 50.4(8)(b.1) of the Bankruptcy and Insolvency Act
- File
- 20523
OverviewSummary updated
Contour Atlantic Corporation is in bankruptcy under the Bankruptcy and Insolvency Act in the District of Newfoundland and Labrador, court file 20523, with MNP Ltd. as trustee. The company was deemed bankrupt as of November 6, 2016 on the non-filing of a proposal, and the proceeding remains active. The Statement of Affairs records a single secured claim, an estimated $93,000 owing to Banque of Montreal on a general security agreement over all assets, and unsecured claims of $1,531,369 in the aggregate. Proofs of claim received to date total $4,196,620, a figure that includes a contingent claim by BDC of $3,892,019.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Claims
Recorded the company as deemed bankrupt as of November 6, 2016 by reason of the non-filing of a proposal.
#Report
A court officer's report was filed on the commencement date, the only step recorded in the Newfoundland and Labrador proceedings under file number 20523.
Parties
Debtor
Contour Atlantic Corporation
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 280 casesDebts Due - Business - Accounts receivable; estimated value of security 0.00; security given/registered 10-Nov-2016 — List B secured creditor. Estimated value of security 0.00, so the entire claim of 93,933.00 is shown as an unsecured shortfall (balance of claim 93,933.00) also listed in List A entry 10 — do not double-count. 5151 George Street, Halifax NS. — debtor: Contour Atlantic Corp. · as of 6 Nov 2016 | $93.9K | Notice of Bankruptcy and First meeting of Creditors |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee's Report on its Preliminary Administration · 25 Nov 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Report on its Preliminary Administration · 25 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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents3 filings
| Date | Document | File |
|---|---|---|
Trustee's Report on its Preliminary Administration
| PDF · Subscribers | |
Notice of Bankruptcy and First meeting of Creditors
| PDF · Subscribers | |
Certificate of Assignment
| 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., “Contour Atlantic Corporation” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/contour-atlantic-corp