StateHouse Holdings Inc.

StateHouse Holdings Inc., formerly Harborside Inc., is a bankrupt under the BIA before the Superior Court of Québec, with B. Riley Farber Inc. serving as trustee. The proceeding commenced December 5, 2024, following an interim order granted September 25, 2024. The Form 78 statement of affairs, stated as at the bankruptcy date of October 10, 2024 and declared by Edward M. Schmults on September 27, 2024, reports total assets of $84,757.00 against total liabilities of $176,751,476.77, a deficiency of $176,666,719.77 on the face of the form. Of the liabilities as stated and estimated by the debtor, $175,448,100.71 is owed to unsecured creditors in the aggregate and $1,303,376.06 to preferred creditors, securities and priorities ranking ahead of ordinary unsecured claims. The bankruptcy remains active.