#Claims
1151394 form 68 notice of bankruptcy and first meeting of creditors december 19 2017 — Notice to creditors
Wrem Marketing Inc. and 1151394 Alberta Ltd.
ClosedFollow
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 25-2326050
Filings held2
Last activity19 Dec 2017
On the record3,248 days
OverviewSummary updated
WREM Marketing Inc. entered bankruptcy on December 14, 2017, under subsection 102(1) of the Act, in Alberta, with MNP Ltd. as trustee; the proceeding was recorded under two court file numbers, 25-2326049 and 25-2326050. Its Statement of Affairs reported total assets of $1.00 against total liabilities of $7,477,597.72, a stated deficiency of $7,477,596.72, with no preferred creditors and no effective secured recovery beyond a nominal $1.00 surplus claim to Canadian Western Bank from a prior receivership. Canadian Western Bank is also listed as an unsecured creditor for $4,029,261.38, by far its largest creditor, with most of its debt otherwise dealt with through that receivership before the bankruptcy. Other unsecured creditors include Convoy Supply Ltd., owed $448,299.09, and Varsteel, owed $388,638.55.
Proceedings AIOpen Proceedings AI
Case updates2 dated entries
#Claims
Wrem form 68 notice of bankruptcy and first meeting of creditors december 19 2017 — Notice to creditors
Parties
Debtor
Wrem Marketing Inc. and 1151394 Alberta Ltd.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Western Bank · in 83 casesOther - Surplus funds from receivership, if available; when given 03-Mar-2015 — Balance of claim in bankruptcy Statement of Affairs is nominal ($1.00); same creditor also listed as unsecured claimant with balance of claim $1.00 on List A (row 14/15), indicating most of its debt was otherwise secured/dealt with via receivership prior to bankruptcy. — debtor: WREM Marketing Inc. · as of 14 Dec 2017 | $1 | Wrem form 68 notice of bankruptcy and first meeting of creditors december 19 2017 |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
121 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansRecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansDocuments2 filings
| Date | Document | File |
|---|---|---|
1151394 form 68 notice of bankruptcy and first meeting of creditors december 19 2017
| PDF · Subscribers | |
Wrem form 68 notice of bankruptcy and first meeting of creditors december 19 2017
| 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., “Wrem Marketing Inc. and 1151394 Alberta Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/wrem-marketing-inc-and-1151394-alberta-ltd