#Order
The proposal was approved, binding the estate of EmberClear Corp., whose sworn Statement of Affairs had shown unsecured claims of $8,568,074.52 against assets of $1,193,435.00.
EmberClear Corp.
ActiveFollow
- Proceeding
- ProposalPart III, Division 1 of the Bankruptcy and Insolvency Act
- File
- 25-2119793
- Industry
- Energy · Power & utilities
Filings held4
Last activity24 Jun 2016
On the record3,786 days
OverviewSummary updated
EmberClear Corp. remains in an active Division I proposal proceeding under Part III, Division 1 of the Bankruptcy and Insolvency Act, with Ernst & Young Inc. as trustee and the matter carried in the Court of King's Bench of Alberta under court file 25-2119793. The Statement of Affairs (Form 78), as stated and estimated by the trustee as at May 5, 2016, put the company's assets at $1,193,435.00 against total liabilities of $9,263,074.52, a deficiency of $8,069,639.52. Unsecured claims made up $8,568,074.52 of that total, with preferred claims of $70,000.00 and contingent or trust claims of $625,000.00; no balance of secured claims was recorded. The proposal was approved on June 24, 2016.
Proceedings AIOpen Proceedings AI
Case updates4 dated entries
Parties
Debtor
EmberClear Corp.
Proposal trustee
Deloitte
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate total per Statement of Affairs) · in 563 casesTotal unsecured creditors per List A; full itemized list (13 pages) not entirely provided in extracted pages - only page 2 of 13 available, showing entries 1-24. — debtor: EmberClear Corp. · as of 5 May 2016 | $8.57M | Report of the Trustee on Proposal, dated June 14, 2016 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
24 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansRecoveriesAs stated in the filings
Unsecured creditors: a distribution.Under the plan · sanctionedOrder - Approving Proposal, filed June 24, 2016 · 24 Jun 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | preferred creditors of EmberClear | — | paid in full | Under the plansanctionedper the trustee | Order - Approving Proposal, filed June 24, 2016 · 24 Jun 2016 |
| Unsecured | proven creditors who elected the Note Option | — | a distribution | Under the plansanctionedper the trustee | Order - Approving Proposal, filed June 24, 2016 · 24 Jun 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
Total assets at filing
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansDocuments4 filings
| Date | Document | File |
|---|---|---|
Order - Approving Proposal, filed June 24, 2016
| PDF · Subscribers | |
Report of the Trustee on Proposal, dated June 14, 2016
| PDF · Subscribers | |
Notice of Proposal and First Meeting of Creditors Package
| PDF · Subscribers | |
Proposal, filed May 5, 2016
| 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., “EmberClear Corp.” (Proposal), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/emberclear-corp