Cross Country Installation & Service (C.C.I.S.) Ltd

Cross Country Installation & Service (C.C.I.S.) Ltd, an Ontario company, has been in bankruptcy under the BIA since May 8, 2019, and the proceeding remains active. The Statement of Affairs, as stated and estimated by the officer as at May 7, 2019, puts assets at $115,435.62 against liabilities of $2,104,388.36, a stated deficiency of $1,988,952.74. Unsecured claims are reported at $2,103,965.64, a figure that includes the $146,009.81 balance of secured claims; preferred creditors are stated at $421.72 and contingent liabilities at $1.00. The dominant unsecured claim is that of 8313610 Canada Inc. at $1,879,139.75. Bank of Montreal is listed as a secured creditor for $146,009.81 with the estimated value of its security at nil, its shortfall carried into the unsecured list alongside 6715788 Canada Inc. at $37,388.76 and Georgia Pacific Marketing Services at $21,582.61.