#Order
Judgment Approving the Debtor’s Proposal (Available in French only) • January 11, 2008 — Plan sanction / final order
Priva Inc.
ActiveFollow
- Proceeding
- ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- File
- 500-11-031719-079
- Industry
- Manufacturing · Textiles, apparel & furniture
OverviewSummary updated
Priva Inc. is the subject of a Division I proposal under the Bankruptcy and Insolvency Act, commenced on 23 November 2007 in the Superior Court of Québec (court file 500-11-031719-079), with RSM Richter Inc. as trustee and interim receiver. Secured claims are those of TD Bank at $1,570,000 and Med-I-Pant Inc. at $1,138,971.56, the latter sharing the debtor's principal place of business. The largest unsecured claims include accrued vacation and wages payable of $300,000, Narcote LLC at $227,449.50 and Fiberlinks Textiles Inc. at $191,209.58.
Proceedings AIOpen Proceedings AI
Case updates10 dated entries
#Filing
Motion to Approve the Debtor’s Proposal (English only) • January 8, 2008 was filed. Court file 500-11-031719-079.
Source: Motion to Approve the Debtor’s Proposal (English only) • January 8, 2008
#Filing
Notice of Hearing of Application for Court Approval of Proposal • December 20, 2007 — Notice of hearing
#Report
The officer filed a report. Since filing the Notice of Intention, Priva ceased operations entirely, sold most of its assets to Fiberlinks Textiles Inc., and its remaining activity consists of collecting outstanding accounts receivable.
Source: Report of Trustee on Financial Situation of Debtor and on Proposal • November 27, 2007
#Filing
Certificate of Filing of a Proposal • November 23, 2007 was filed. Court file 500-11-031719-079.
Source: Certificate of Filing of a Proposal • November 23, 2007
#Filing
Certificate Filling of a Notice of Intention to Make a Proposal • October 26, 2007 was filed. Court file 500-11-031719-079.
Source: Certificate Filling of a Notice of Intention to Make a Proposal • October 26, 2007
Parties
Debtor
Priva Inc.
Proposal trustee
Richter
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | TD Bank · in 31 casesas of NOI filing date — debtor: Priva Inc. | $1.57M | Notice to Creditors of Intention to Make a Proposal • November 2, 2007 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
74 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs declared or paid
Unsecured creditors: a distribution. TD Bank paid in full.Under the plan · sanctionedNotice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | TD Bank | estimated | paid in full | Finalper the trustee | Report of Trustee on Financial Situation of Debtor and on Proposal •… · 27 Nov 2007 |
| Preferred | — | — | paid in full | Under the plansanctionedper the debtor | Notice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007 |
| Unsecured | AFFECTED ORDINARY CREDITORS | — | a distributionconditional | Under the plansanctionedper the debtor | Notice of Proposal to Creditors • November 27, 2007 · 27 Nov 2007 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansEstate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
Cumulative receipts
$1.79M
As at 27 Nov 2007Report of Trustee on Financial Situation of Debtor and on Proposal • November 27, 2007
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments
10 filings
| Date | Document | File |
|---|---|---|
Judgment Approving the Debtor’s Proposal (Available in French only) • January 11, 2008
| PDF · Subscribers | |
Motion to Approve the Debtor’s Proposal (English only) • January 8, 2008
| PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal • December 20, 2007 | PDF · Subscribers | |
Minutes of Creditors Meeting (in French only) • December 12, 2007
| PDF · Subscribers | |
Notice of Proposal to Creditors • November 27, 2007
| PDF · Subscribers | |
Report of Trustee on Financial Situation of Debtor and on Proposal • November 27, 2007
| PDF · Subscribers | |
Certificate of Filing of a Proposal • November 23, 2007
| PDF · Subscribers | |
Proposal • November 23, 2007
| PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal • November 2, 2007
| PDF · Subscribers | |
Certificate Filling of a Notice of Intention to Make a Proposal • October 26, 2007
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Priva Inc.” (Proposal), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/priva-inc