Sumo Sumo Ltd.
- Proceeding
- NOIsection 58 and 60(5) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3
- File
- B203 418608
Sumo Sumo Ltd. has been in insolvency proceedings in the Court of King's Bench of Alberta since October 26, 2018, court file B203 418608, with The Bowra Group Inc. acting as proposal trustee in the company's Division I proposal and coming before the court under sections 58 and 60(5) of the Bankruptcy and Insolvency Act. Assets are reported at $175,301, the same figure per the Statement of Affairs and as estimated fair realization value, before post-filing costs, realization costs and professional fees; unsecured liabilities were $2,867,880 as filed at October 19, 2018, and $3,070,941 per the Statement of Affairs. Business Development Bank of Canada, the largest senior secured creditor, abstained from voting as a secured creditor. A.J. Interiors Inc. obtained a garnishee summons that paid $54,301.49 into Court. The proposal excludes from distribution approximately $600,000 owed to Joe Chan, a related creditor.
Commenced the proceeding by filing a notice of intention to make a proposal under BIA s. 50.4 in Alberta, under court file B203 418608.
Debtor
Sumo Sumo Ltd.
Proposal trustee
The Bowra Group
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada (BDC) · in 251 casesDescribed as the largest senior secured creditor; abstained from voting as a secured creditor; no balance stated — debtor: Sumo Sumo Ltd. | — | Report of Trustee on Proposal |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
4 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: a distribution. Canada Revenue Agency paid in full.EstimatedCreditors Package - Proposal and FMOC · 3 Oct 2018
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trustCrown Priority Claims / CRA | Canada Revenue Agency | — | paid in full | per the trustee | Creditors Package - Proposal and FMOC · 3 Oct 2018 |
| Secured | — | — | Estimatedper the trustee | Creditors Package - Proposal and FMOC · 3 Oct 2018 | |
| Unsecured | — | — | Estimatedper the trustee | Creditors Package - Proposal and FMOC · 3 Oct 2018 |
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.
2 blurred figures 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 |
|---|---|---|
| Certificate for the Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Certificate of Filing Proposal | PDF · Subscribers | |
| Certificate of Full Performance | PDF · Subscribers | |
Court Order - Proposal Approval
| PDF · Subscribers | |
Application to Approve the Division 1 Proposal
| PDF · Subscribers | |
Report of Trustee on Proposal
| PDF · Subscribers | |
Creditors Package - Proposal and FMOC
| PDF · Subscribers | |
| Creditors Package - Notice of Intention to Make A Proposal | 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., “Sumo Sumo Ltd.” (NOI), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/sumo-sumo-ltd