British Columbia · NOI
Notice of Proposal to Creditors
Notice to creditors · 12 April 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing14 verified
- secured creditorsnote: Listed on List of Creditors with claims of $250 or more; classification as secured vs unsecured not explicitly stated on this list, but account marked as LOC facility · page: 3 · as of: NOI filing date · amount: 18225.96 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: TD Canada Trust C/O FCT Default Solutions · currency: CAD · security: LOC
- secured creditorsnote: Listed on List of Creditors with claims of $250 or more · page: 3 · as of: NOI filing date · amount: 20920 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: TD Canada Trust Visa C/O FCT Default Solutions · currency: CAD
- unsecured creditorspage: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 285.39 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Accurate Lock and Safe · currency: CAD
- unsecured creditorspage: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 10000 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Achieve CPA LLP · currency: CAD
- unsecured creditorspage: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 1681.84 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: BC Hydro & Power Authority · currency: CAD
- unsecured creditorsnote: GST; deemed trust class · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 5587.38 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: CRA - Tax - Pacific · currency: CAD
- unsecured creditorspage: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 15360 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Goal Vision Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 1041 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Kootney Natural Meats · currency: CAD
- unsecured creditorsnote: Provincial Sales Tax; deemed trust class · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 6819.33 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Ministry of Finance - PST - British Columbia · currency: CAD
- unsecured creditorsnote: Employer Health Tax; deemed trust class · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 6614.91 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Ministry of Finance - PST - British Columbia (Employer Health Tax) · currency: CAD
- unsecured creditorsnote: Possibly landlord; not explicitly stated as preferred · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 138014.77 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Riley Park Development · currency: CAD
- unsecured creditorsnote: CEBA loan · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 40000 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Scotiabank c/o Canaccede International Management Ltd. · currency: CAD
- unsecured creditorsnote: CEBA loan · page: 3 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 92 schedule) · amount: 40000 · debtor: Autostrada Hospitality (Downtown) Ltd. & Autostrada Hospitality (Main St.) Ltd. · creditor: Vancity Credit Union Special Accounts · currency: CAD
- financial positionnote: Forecast/estimated figures only, not an audited financial position; total estimated receipts under Proposal $164,222; Claims of General Creditors claiming pro rata share: Proposal $304,587, Bankruptcy Downtown $220,401, Bankruptcy Main St. $250,221 · page: 24 · basis: Statement of Estimated Realization (rounded) - trustee estimate · scope: Combined estimate for Autostrada Hospitality (Downtown) Ltd. and Autostrada Hospitality (Main St.) Ltd., comparing Proposal vs. Bankruptcy scenarios · currency: CAD