Nova Star Cruises Limited

Nova Star Cruises Limited filed an assignment in bankruptcy on April 13, 2016 under section 49 of the Bankruptcy and Insolvency Act, with Deloitte Restructuring Inc. as trustee under estate number 40010 in Nova Scotia. The Statement of Affairs sworn as at that date puts total assets at $142,000.00 against total liabilities of $15,128,735.68, a stated deficiency of $14,986,735.68. Secured claims are nil; preferred claims total $1.00, being a WEPPA claim; unsecured claims total $15,128,734.68. The list is dominated by Singapore Technologies Maritime Ltd at $11,801,452.10 and Fleetpro Ocean Inc at $1,216,058.44, followed by Portland Pilots Inc at $199,067.06, WCVB Studio 5 Commercial Production at $153,503.34 and the Boston Globe at $139,434.00, alongside hundreds of trade, media, port and passenger-refund claims on both sides of the border. The estate remains open.