#Filing
Notice of Application for Discharge of Trustee – dated January 26, 2017 — Application / notice of application
Saturn Solutions Inc.
ActiveFollow
- Proceeding
- Interim receivershipSection 47.1 of the Bankruptcy and Insolvency Act
- File
- 500-11-022613-042
- Industry
- Manufacturing
OverviewSummary updated
Saturn Solutions Inc. is subject to an interim receivership under section 47.1 of the Bankruptcy and Insolvency Act, commenced on 5 March 2004 in the Superior Court of Québec (court file 500-11-022613-042), with Richter & Associés Inc. as interim receiver. The trustee's listing of creditors records a grand total of $10,975,030.37, comprising secured claims of $5,594,273.00 and unsecured claims of $5,380,757.37. The secured creditors are C.I.B.C., at $1,562,973 and $3,570,720, and Newcourt Capital at $460,580; the largest unsecured claims include the Receiver General of Canada and J&F Waste Systems Inc., each at $917,723.
Proceedings AIOpen Proceedings AI
Case updates6 dated entries
#Filing
An application was filed in the interim receivership on 9 March 2004.
Source: Order Granting Motion to Appoint Interim Receiver • March 9, 2004
Parties
Debtor
Saturn Solutions Inc.
Interim receiver
Richter
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | C.I.B.C. (Loan 2)as of NOI filing date — debtor: Saturn (Solutions) Inc. | $3.57M | Notice to Creditors of Intention to Make a Proposal • March 11, 2004 |
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
246 more claims in 3 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs stated in the filings
Preferred creditors: a distribution.Notice of Application for Discharge of Trustee · 23 Jul 2007
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | per the trustee | Notice of Application for Discharge of Trustee · 23 Jul 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 liabilities at filing
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments6 filings
| Date | Document | File |
|---|---|---|
Notice of Application for Discharge of Trustee – dated January 26, 2017
| PDF · Subscribers | |
| Certificate of Assignment • April 5, 2004 | PDF · Subscribers | |
| Press Release No. 2 • March 30, 2004 | PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal • March 11, 2004
| PDF · Subscribers | |
Order Granting Motion to Appoint Interim Receiver • March 9, 2004
| PDF · Subscribers | |
Press Release No. 1 • March 5, 2004
| 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., “Saturn Solutions Inc.” (Interim receivership), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/saturn-solutions-inc