Pusateri's (Bayview Village) Limited, Pusateri's Yorkville Limited and Pusateri's Kitchen Limited

Pusateri's (Bayview Village) Limited, Pusateri's Yorkville Limited and Pusateri's Kitchen Limited are the subject of a bankruptcy proceeding. The record's financial detail comes from Pusateri's Yorkville Limited's Statement of Affairs (Form 78), sworn as at August 13, 2024, which reports a nil surplus against a deficiency of $8,013,217.58 on total liabilities of the same amount and no stated assets. Secured claims are held by Scotiabank, care of Canaccede International Management Ltd., with a balance of $4,948,037.10, and by Bodkin Leasing Corporation for $1.00. Preferred creditors total $17,379.07. Unsecured claims include $2,886,705.04 owed to related party Pusateri's Avenue Road, alongside dozens of trade creditors with balances ranging from under $100 to over $15,000.