Ontario · Bankruptcy
Report to First Meeting of Creditors
Court officer report · 20 October 2015
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What we verified from this filing6 verified
- provinceONTARIO
- appointee roletrustee in bankruptcy
- commencement date5 October 2015
- appointeeThe Fuller Landau Group Inc.
- financial positionnote: Components only, no total given: Loan Receivable - AOC Holdings Inc. Net Book Value $10,231,463 (est. realizable $3,768,281); Loan Receivable - Markland Pharmacy $762,851 (doubtful); Loan Receivable - Sasha DeEll $140,678; Account Receivable $7,698; Other assets $68,181 (est. realizable $500). Creditor claims per SOA: Secured $9,217,076.75, Preferred Nil, Unsecured $380,405.00, Contingent $2,195,671.00. Secured creditor claims individually: 2012475 Ontario Inc. $1,445,988.08, St. Barbara's Pharmacy Limited $857,871.00, 1391478 Ontario Inc. $1,721,282.45, Andrew Chabursky $5,191,935.22. · as at: 2015-10-06 · basis: Statement of Affairs (SOA) figures showing book value and estimated realizable value; no independent audit stated · scope: A.O.C. Company Ltd. (entity level) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Based on the Estimated to Produce (realize) amounts included in the Company's SOA, 1391478 will suffer a shortfall of $107,984.53, while Mr. Chabursky will suffer a full shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: 1391478 Ontario Inc. · creditor name: 1391478 Ontario Inc. · interim final: unstated · claims qualifier: unstated · shortfall amount: 107984.53; basis: estimated · quote: Based on the Estimated to Produce (realize) amounts included in the Company's SOA, 1391478 will suffer a shortfall of $107,984.53, while Mr. Chabursky will suffer a full shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: Andrew Chabursky · creditor name: Andrew Chabursky · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Trustee does not anticipate that there will be a distribution to the unsecured creditors, as 1391478 and Mr. Chabursky will suffer a shortfall. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2015-10-20 · table missing: