Ontario · Bankruptcy
Notice of Application for Discharge of Trustee – dated September 4, 2025
Application / notice of application · 4 September 2025
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What we verified from this filing3 verified
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- recovery outcomeentries: basis: actual · quote: | SURPLUS/(DEFICIENCY) TO ESTATE | SURPLUS/(DEFICIENCY) TO ESTATE | | (64,157.27) $ | · pct of: unstated · outcome: shortfall · stated by: trustee · class label: Estate (surplus/deficiency) · interim final: unstated · claims qualifier: unstated · shortfall amount: 64157.27; basis: estimated · quote: As at the Date of Bankruptcy, 142's only asset was the Premises (including the land and manufacturing facility) which were pledged in favour of a secured creditor that was expected to suffer a significant shortfall on the amounts due to them by 142. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: secured creditor · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Even without consideration of the substantial costs to dispose of the Nuclear Materials (or the priority of those costs), there did not appear to be any funds available for 142's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: 142's unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-09-04 · table missing: