Report of the Trustee's Preliminary Administration dated January 21, 2009 — Court officer report
MonoGen, Inc.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-1148649
MonoGen, Inc. is in bankruptcy in Ontario under the BIA, court file no. 31-1148649, with RSM Richter Inc. as trustee; the estate remains active. The Statement of Affairs, as stated and estimated by the bankrupt as at December 30, 2008, shows total assets of $5,171,919.92 against total liabilities of $2,127,284.34, all recorded as contingent or other liabilities, with unsecured, secured and preferred creditors shown as NIL. Assets are accounts receivable of $2,127,284.34, deposits in financial institutions of $1,266,327.80, an investment in MOMKE Inc. of $1,776,307.78 and MonoGen, Inc. (US) options at $0.08. The debtor's preliminary list of creditors as of December 31, 2008 is led by Caisse de depot et placement du Quebec at $7,161,777.79, Norman Pressman at $1,506,739.38 and a contingent claim of Piper Jaffray at $1,216,700, with Gestion Adma Inc. at $180,679.95.
Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 — Notice to creditors
Debtor
MonoGen, Inc.
Trustee in bankruptcy
AlixPartners
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Caisse de depot et placement du Quebecdebtor: MonoGen, Inc. · as of 31 Dec 2008 | $7.16M | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Pressman, NormanUS$ converted to CDN$ at exchange rate of 1.2167; individual creditor — debtor: MonoGen, Inc. · as of 31 Dec 2008 | $1.51M | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Jaffray, PiperListed under 'Contingent' claims; US$ converted to CDN$ at exchange rate of 1.2167 — debtor: MonoGen, Inc. · as of 31 Dec 2008 | $1.22M | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Gestion Adma Inc.debtor: MonoGen, Inc. · as of 31 Dec 2008 | $181K | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Rauch, RyanUS$ converted to CDN$ at exchange rate of 1.2167; individual creditor — debtor: MonoGen, Inc. · as of 31 Dec 2008 | $128K | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Computershare · in 36 casesdebtor: MonoGen, Inc. · as of 31 Dec 2008 | $1K | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Canada Revenue Agency - Corporate Tax DepartmentAccount 89452469R00001 — debtor: MonoGen, Inc. · as of 31 Dec 2008 | $1 | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Marketwiredebtor: MonoGen, Inc. · as of 31 Dec 2008 | $1 | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Canada Revenue Agency - Technology Centredebtor: MonoGen, Inc. · as of 31 Dec 2008 | $1 | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | TSX Inc. · in 8 casesdebtor: MonoGen, Inc. · as of 31 Dec 2008 | $1 | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
| Unsecured | Canada Revenue Agency - Collections DivisionAccount 894582469RP0001 — debtor: MonoGen, Inc. · as of 31 Dec 2008 | $1 | Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009 |
As at 30 Dec 2008 · per Statement of Affairs, as stated and estimated by bankrupt · MonoGen, Inc. (entity level, per Statement of Affairs) — Statement of Affairs shows Unsecured creditors NIL, Secured creditors NIL, Preferred creditors NIL, Contingent or other liabilities $2,127,284.34; estimated to produce surplus NIL; deficiency shown but not legible. Assets include Accounts Receivable $2,127,284.34 (per list E, good; doubtful/bad NIL), Deposits in Financial Institutions $1,266,327.80, Investment in MOMKE Inc $1,776,307.78, Investment in MonoGen, Inc. (US) options $0.08.
| Date | Document | File |
|---|---|---|
Report of the Trustee's Preliminary Administration dated January 21, 2009
| ||
Notice of Bankruptcy and First Meeting of Creditors dated January 5, 2009
| ||
Certificate of Appointment dated December 31, 2008
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “MonoGen, Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/monogen-inc