Samaco Trading Limited – Bankruptcy
- Proceeding
- BankruptcyParagraph 50.4(8)(b.1) of the Act
- File
- 31-1518354
Samaco Trading Limited is bankrupt, the bankruptcy taking effect on 27 September 2011 under paragraph 50.4(8)(b.1) of the Bankruptcy and Insolvency Act (file 31-1518354) in Ontario, with The Fuller Landau Group Inc. as trustee. Its statement of affairs reports total assets of $1,503,859.26 against total liabilities of $4,800,463.66, comprising unsecured creditors of $3,296,602.40 and secured creditors of $1,503,859.26, for a deficiency of $3,296,604.40. The largest secured claim is that of Andras Szandtner at $1,359,169.45; the largest unsecured claim is that of Rosanco International Co. HK at $1,024,584.94.
A claims procedure has been established — see the order for deadlines.
Undated filings2 — no date appears on the document · show
Debtor
Samaco Trading Limited – Bankruptcy
Trustee in bankruptcy
Fuller Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Andras SzandtnerBusiness Assets - Stock in Trade (Inventory) $655,843.00; Cash on hand $3,885.78; Furniture and equipment $6,000.00; Prepaid expenses $43,685.00; Production deposit $9,444.00; Debts Due - Accounts receivable $322,368.48 — Related party (individual guarantor/creditor); balance of claim unsecured $317,943.19 — debtor: Samaco Trading Limited · as of 27 Sep 2011 | $1.36M | Samaco SOA.pdf |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
182 more claims in 3 classes The stack holds Secured, Landlord preferred and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSecured creditors: shortfall.EstimatedSamaco Preliminary Report to Creditors.pdf · 19 Oct 2011
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | short by | Estimatedper the trustee | Samaco Preliminary Report to Creditors.pdf · 19 Oct 2011 |
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 plansAs at ·
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 |
|---|---|---|
Samaco Notice.pdf
| PDF · Subscribers | |
Samaco SOA.pdf
| PDF · Subscribers | |
Samaco Certificate of Appointment.pdf
| PDF · Subscribers | |
Samaco Preliminary Report to Creditors.pdf
| PDF · Subscribers | |
Samaco Proof of Claim and Proxy.pdf
| 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., “Samaco Trading Limited – Bankruptcy” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/samaco-trading-limited-bankruptcy