Pinehurst Store Fixtures Inc.

Pinehurst Store Fixtures Inc. made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on May 14, 2020, with BDO Canada Limited as trustee under estate number 35-2645184. The Statement of Affairs sworn by Donald Christie, as at May 13, 2020, puts assets at $521,981.00 against liabilities of $2,618,769.84, a stated deficiency of $2,096,788.84, with unsecured claims of $2,618,754.84, secured claims of $15.00 and no preferred or contingent claims. The unsecured list is dominated by 1811583 Ontario Inc at $2,270,075.00, followed by the Town of Orangeville at $36,592.03 for municipal taxes and R&J Display Manufacturing at US$51,726.51, alongside dozens of trade suppliers and employees. Security is claimed by RBC, Bramalea Carpentry Limited, Colony Ford Lincoln Sales Inc., RCAP Leasing Inc. and several numbered Ontario companies. The estate remains open.