Enterprize Steel and Sales Ltd.

Enterprize Steel & Sales Ltd. is in bankruptcy proceedings in Alberta, commenced December 5, 2018 under section 49 of the Bankruptcy and Insolvency Act, with MNP Ltd. appointed trustee under court file no. 24-2451572. Its Statement of Affairs, as at December 4, 2018, reported total liabilities of $1,352,020.29 against total assets of $352,473.51, a deficiency of $999,546.78. The Toronto Dominion Bank held security valued at $352,473.51 over accounts receivable, inventory, vehicles and equipment, with a claim of $541,321.11 and a further $188,847.60 listed separately as an unsecured shortfall. The Canada Revenue Agency held a deemed trust claim of $138,596.27, and more than 40 other unsecured creditors were listed, with total unsecured claims reported at $860,950.51.