Ontario · Bankruptcy
Trustee's Preliminary Report dated
Court officer report · 5 March 2025
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 filing9 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date14 February 2025
- court file no31-3187297
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basissubsection 102(4) of the Bankruptcy and Insolvency Act
- financial positionnote: Components per SOA: Secured $102,645.00; Preferred Nil; Unsecured $1,512,780.60; Contingent $2.00. Claims filed as of March 3, 2025 were Nil in all categories. · basis: per 272 ON's statement of affairs (SOA) · scope: entity - 2726960 Ontario Inc. (the bankrupt estate) · currency: CAD · total liabilities: 1615427.6
- recovery outcomeentries: basis: estimated · quote: Accordingly, there will be no funds available for distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-03-05 · table missing: