Ontario · Bankruptcy

Notice of Bankruptcy Package to Creditors - Channel 11 Limited Partnership

Notice to creditors · 11 December 2015

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commencement date11 December 2015
court file no31-2067684
financial positionnote: Deficiency stated as $4,427,425.20; total unsecured creditors stated as $4,427,425.20 (includes $2,975,674.11 unsecured plus $1,451,751.09 balance of secured claims); preferred creditors and contingent/other liabilities lists both show nil · page: 2 · as at: 2015-12-11 · basis: Statement of Affairs as stated and estimated by the officer · scope: Channel 11 Limited Partnership (entity level, bankruptcy estate) · currency: CAD · total assets: 59936 · total liabilities: 4487361.2
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 200 · debtor: Channel 11 Limited Partnership · creditor: Brett Belchetz · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 40321.75 · debtor: Channel 11 Limited Partnership · creditor: 2190015 Ontario Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 5.9 · debtor: Channel 11 Limited Partnership · creditor: Allstream Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 9.83 · debtor: Channel 11 Limited Partnership · creditor: Allstreams Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 971.28 · debtor: Channel 11 Limited Partnership · creditor: BBM Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 6027.3 · debtor: Channel 11 Limited Partnership · creditor: Bell Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 60652.75 · debtor: Channel 11 Limited Partnership · creditor: Broadcast Captioning & Consulting Services Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 7571 · debtor: Channel 11 Limited Partnership · creditor: Broadview · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 154375 · debtor: Channel 11 Limited Partnership · creditor: Buena Vista Television (Disney) · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 11.3 · debtor: Channel 11 Limited Partnership · creditor: Canadian Parliamentary · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 14023.3 · debtor: Channel 11 Limited Partnership · creditor: Canadian Press Enterprises Inc · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 437750 · debtor: Channel 11 Limited Partnership · creditor: CBS Broadcast International · currency: CAD
unsecured creditorsnote: Balance of claim of $11,682.09 reported as secured (see secured creditors list); related party · page: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 0 · debtor: Channel 11 Limited Partnership · creditor: Channel Zero Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 14066.94 · debtor: Channel 11 Limited Partnership · creditor: CNN Newsource · currency: CAD
unsecured creditorsnote: Deemed trust class claim (CRA) · page: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 40689.14 · debtor: Channel 11 Limited Partnership · creditor: CRA - Canada Revenue Agency - Tax Ontario · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 226 · debtor: Channel 11 Limited Partnership · creditor: David Menzies · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 15481 · debtor: Channel 11 Limited Partnership · creditor: Dejero Labs Inc · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1616135.77 · debtor: Channel 11 Limited Partnership · creditor: Employees of Channel 11 Limited Partnership · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Entertainment One Film Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 100 · debtor: Channel 11 Limited Partnership · creditor: Gerry Nichols · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Industrial Alliance Insurance · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 14.36 · debtor: Channel 11 Limited Partnership · creditor: Insight Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 4581.25 · debtor: Channel 11 Limited Partnership · creditor: Leppert · currency: CAD
unsecured creditorspage: 3 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 95450 · debtor: Channel 11 Limited Partnership · creditor: Lionsgate Television International · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 268827 · debtor: Channel 11 Limited Partnership · creditor: Twentieth Century Fox · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 53862.58 · debtor: Channel 11 Limited Partnership · creditor: Universal Studios Canada Inc. (NBC) · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Warner Brothers Originals · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Sony of Canada Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: SSQ Insurance Company · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 24584.35 · debtor: Channel 11 Limited Partnership · creditor: TD Canada Trust Visa · currency: CAD
unsecured creditorsnote: Balance of claim $1,440,069.00 reported as secured (see secured creditors list) after deducting security value · page: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 0 · debtor: Channel 11 Limited Partnership · creditor: TD Canada Trust · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: TD Equipment Financing - Joint & Severable · currency: CAD
unsecured creditorsnote: Second listed entry, distinct from prior · page: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: TD Equipment Financing - Joint & Severable · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Telus · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: The Freemantle Corporation · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: UNIFOR · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 175 · debtor: Channel 11 Limited Partnership · creditor: McCoren Incorporated · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 9000 · debtor: Channel 11 Limited Partnership · creditor: Media Group International · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 21893.75 · debtor: Channel 11 Limited Partnership · creditor: Metro-Goldwyn-Mayer Studios · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 300 · debtor: Channel 11 Limited Partnership · creditor: Michael Taube · currency: CAD
unsecured creditorsnote: Provincial regulatory/tax claim · page: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Ministry of Finance ON (PST, EHT & Other Taxes) · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Mongrel Media Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 7875 · debtor: Channel 11 Limited Partnership · creditor: NBC News Channel · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 847.5 · debtor: Channel 11 Limited Partnership · creditor: Niagara Regional Broadband Network Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 22882.5 · debtor: Channel 11 Limited Partnership · creditor: Paramount Pictures Corp · currency: CAD
unsecured creditorspage: 4 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 9040 · debtor: Channel 11 Limited Partnership · creditor: Shaw Satellite Services (Re-transmission) · currency: CAD
unsecured creditorspage: 5 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 42375 · debtor: Channel 11 Limited Partnership · creditor: William F. Cooke Enterprises · currency: CAD
unsecured creditorsnote: Regulatory/statutory claim · page: 5 · as of: 2015-12-11 · basis: Statement of Affairs List 'A' as stated and estimated by the officer · amount: 5335.56 · debtor: Channel 11 Limited Partnership · creditor: Workplace Safety and Insurance Board · currency: CAD
secured creditorsnote: Related party (also listed as unsecured creditor with 0 unsecured portion); balance of claim equals amount of claim · page: 6 · as of: 2015-12-11 · amount: 11682.09 · debtor: Channel 11 Limited Partnership · creditor: Channel Zero Inc. · currency: CAD · security: Debts due/accounts receivable, intangibles, furniture/fixed assets (computer equipment)
secured creditorsnote: Third, distinct registration by same creditor · page: 6 · as of: 2015-12-11 · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: TD Equipment Finance Canada Inc. · currency: CAD · security: Motor vehicle - 2012 Mercedes-Benz Sprinter 3500 Cargo 170 Van, VIN WD3BF4CC1C5665477, given 09-Apr-2012
secured creditorspage: 6 · as of: 2015-12-11 · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: Element Fleet Management · currency: CAD · security: Motor vehicles - 2011 fleet of Ford Escape/Transit Connect, given 15-Feb-2011
secured creditorspage: 6 · as of: 2015-12-11 · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: National Leasing Group Inc. · currency: CAD · security: Business assets - trade fixtures, electronic & video equipment, given 12-Oct-2012
secured creditorsnote: Amount of claim stated as $1,500,000.00 (facility/claim ceiling); balance of claim after estimated security value deduction is $1,440,069.00 · page: 6 · as of: 2015-12-11 · amount: 1440069 · debtor: Channel 11 Limited Partnership · creditor: TD Canada Trust · currency: CAD · security: Furniture/fixed assets (computer equipment); debts due/accounts receivable/intangibles, given 04-May-2015
secured creditorspage: 6 · as of: 2015-12-11 · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: TD Equipment Finance Canada Inc. · currency: CAD · security: Business assets - trade fixtures - video broadcasting equipment attached to 2012 Sprinter 3500, given 03-Dec-2015
secured creditorsnote: Second, distinct registration by same creditor · page: 6 · as of: 2015-12-11 · amount: 1 · debtor: Channel 11 Limited Partnership · creditor: TD Equipment Finance Canada Inc. · currency: CAD · security: Motor vehicle - 2013 Mercedes-Benz Sprinter, VIN WD3BF3CCXD5800063, given 13-Feb-2013