Foodora Inc.

Foodora Inc. remains in active insolvency proceedings in Ontario. A Statement of Affairs (Form 78), as stated and estimated by the officer as at May 22, 2020, records assets of $1,466,713.40 against liabilities of $51,931,619.06 at the entity level, leaving a stated deficiency of $50,464,905.66. The whole of the liabilities is unsecured: secured claims per List 'B', preferred claims per List 'C' and contingent, trust or other liabilities per List 'D' are each stated as $0.00. List 'A' runs to more than 1,300 unsecured creditor entries. The largest identified are Allied Properties REIT, at $413,210.51 in respect of 134 Peter Street, Toronto and $148,455.25 in respect of 480 boulevard Saint-Laurent, Montreal, followed by Katyayani Consulting LLC at $43,666.69 and Lamar Companies at $31,563.00.