Sam Kotzer Limited
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 31-3058957
Sam Kotzer Limited's bankruptcy record centres on a Statement of Affairs sworn as at March 21, 2024, disclosing a stated deficiency of $3,191,022.12. Total liabilities of $3,256,022.12 are set against total assets of $65,000.00, consisting entirely of inventory. Liabilities comprise $334,739.11 in unsecured claims, $65,000.00 in secured claims covered by security, and $2,800.01 in preferred wage and rent claims. Two secured creditors hold inventory security: Nizza Enterprises Limited's $2,918,482.00 claim is covered to $65,000.00, leaving a $2,853,482.00 unsecured deficiency, while BMO Bank of Montreal's $1.00 claim is covered by security valued at $0.00, leaving the full amount unsecured. No contingent or trust liabilities were reported.
Certificate of Appointment was filed. Court file 31-3058957.
Source: Certificate of Appointment
Debtor
Sam Kotzer Limited
Trustee in bankruptcy
Dodick Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Nizza Enterprises LimitedBusiness Assets - Stock in Trade - Inventory (given 2019-11-08); estimated value of security $65,000.00 — Claim bifurcated by security valuation: only $65,000.00 of estimated security value covers the $2,918,482.00 claim; the $2,853,482.00 balance of claim is also carried as an unsecured deficiency in List A (unsecured creditors, item 29). — debtor: Sam Kotzer Limited · as of 21 Mar 2024 | $2.92M | Creditor Package |
| 4 | Secured | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred |
51 more claims in 4 classes The stack holds Secured, Landlord preferred, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Creditor Package
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “Sam Kotzer Limited” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/sam-kotzer-limited