Dealto Food Services Inc. Mary Brown's Fried Chicken

Dealto Food Services Inc. became bankrupt at 12:44 on September 20, 2021 under the Bankruptcy and Insolvency Act, with MNP Ltd. appointed Licensed Insolvency Trustee in Alberta under court file 24-2767645. The Statement of Affairs (Form 78) prepared as at that date reported total assets of $105,013.00 against total liabilities of $415,185.77, leaving a stated deficiency of $310,172.77. Secured creditors are Bank of Montreal, whose $212,581.20 claim leaves a balance of $107,568.20 after security valued at $103,512.00 in machinery and restaurant equipment, $1,500.00 in inventory and $1.00 in furniture and fixtures, and Mary Brown's Inc., with $50,960.73 against security estimated at nil. Unsecured creditors total $277,133.42. The estate remains active.