Ryding Regency Meat Packers Ltd.

Ryding-Regency Meat Packers Ltd. filed a Statement of Affairs as at June 14, 2021, sworn by officer Gregory Bennett, showing total liabilities of $10,368,169.32 against $5,150,000.00 in estimated security value, a stated deficiency of $5,218,169.32. Accounts receivable of $1,081,000.00 is estimated to produce nothing on realization. Secured claims from Tri-Pet Holdings Incorporated, Ellen Cosman, Grace Petronaci and Bennett himself, all sharing an address care of Torkin Manes LLP, are bifurcated between List B security values and unsecured shortfalls carried on List A, with three of the four secured positions valued at $0 against their stated collateral. The unsecured creditor list also runs to more than 150 trade, regulatory and related-party claims.