Eastport Consumers Co-operative Society Limited

Eastport Consumers Co-operative Society Limited is in bankruptcy under the Bankruptcy and Insolvency Act in Newfoundland and Labrador, having made an assignment under section 49 on August 9, 2016 under estate file 20700, with Deloitte Restructuring Inc. as trustee. The Statement of Affairs sworn by Robert Hiscock, as at July 29, 2016, estimates total assets of $66,108.90 against total liabilities of $822,102.44, a stated deficiency of $755,993.54. All of the liabilities are unsecured: the co-operative reported no secured creditors, no preferred creditors and no contingent liabilities. Co-op Atlantic is by far the largest claim at $762,676.36; the balance is spread across roughly a hundred individual members, most owed sums under $1,000. Hiscock is himself listed as an unsecured creditor for $355.41. The estate remains open.