Meadowbrook Meat Market
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 45794
Meadowbrook Meat Market, operated by 2126995 Nova Scotia Limited, made an assignment under section 49 of the Bankruptcy and Insolvency Act on May 16, 2024 at 13:30, with BDO Canada Limited as trustee in bankruptcy under estate number 45794 in Nova Scotia. The Statement of Affairs as at May 15, 2024 lists assets of $346,760 against liabilities of $1,553,226, with asset figures carried at net book values as of September 30, 2023, unaudited and unverified by the trustee, and net realization values largely shown as $1 placeholders pending appraisals. Unsecured claims are reported at $603,097, preferred claims at $135,000 and deferred claims at $288,776. The trustee continues to review the proof of claim of Margaret Lamb, a director and 60% shareholder whose shareholder loan security over equipment and intellectual property was registered on the eve of bankruptcy.
Debtor
Meadowbrook Meat Market
Trustee in bankruptcy
BDO
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Nova Scotia (BNS) · in 73 casesFirst collateral mortgage on the Land Parcel — Approximate amount ('approximately $267,000'); Land Parcel not a Company asset, mortgage recorded incorrectly as Company long-term debt — debtor: Mrs. Lamb (personally) - not a liability of the Company · as of 15 May 2024 | $267K | Trustee’s Preliminary Report |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
8 more claims in 3 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: shortfall.EstimatedTrustee’s Preliminary Report · 20 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | shortfall | Estimatedper the trustee | Trustee’s Preliminary Report · 20 Feb 2024 |
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.
As at ·
The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
| Sales Information Package November 29 2024_Final | PDF · Subscribers | |
Teaser November 29 2024_Final
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Trustee’s Preliminary Report
| PDF · Subscribers | |
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CiteProceedings., “Meadowbrook Meat Market” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/meadowbrook-meat-market