Pareto Corporation Inc.

Pareto Corporation Inc., together with Pareto Holdings Ltd., proceeded through bankruptcy to a final distribution recorded on an updated Dividend Sheet and Levy statement of receipts and disbursements. The trustee paid super priority wage and vacation pay claims to roughly fifty employees totalling $23,356.57, though the levy was mistakenly overcharged against employees by $602.84 in aggregate, an amount to be deducted from the trustee's professional fees. The Wage Earner Protection Program's subrogated claim of $464,227.73 was paid net of an $11,852.46 levy. Roynat Lease Finance received a net dividend of $8,331.71 on a claim of $8,550.00. Bank of Montreal, holding four secured line items totalling $2,000,439.43, received a net dividend of $1,949,365.08 after a $51,074.35 levy, but the trustee noted BMO remains the only secured creditor left in a shortfall position.