Kratos Transportation Ltd.

Kratos Transportation Ltd. is the subject of insolvency proceedings in which a Statement of Affairs (Form 78) filed as at February 7, 2022 reports total assets of $0.00 against total liabilities of $1,547,303.19, leaving a deficiency in that amount. The statement lists no secured or preferred claims. Unsecured claims include CRA amounts of $60,000.00 and $28,357.54, a $200,000.00 claim from Ravinder Atwal, $200,815.12 owed to Tip Fleet Services Canada Ltd., $892,000.00 owed to BVD Capital, a WSIB claim of $10,759.42, and numerous smaller trade and regulatory claims. The record does not indicate a proceeding type or subsequent case activity.