Ontario · Bankruptcy
Statement of Affairs
Statement of affairs · 5 October 2015
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 filing11 verified
- financial positionnote: Deficiency of $7,875,995.75 as stated in Statement of Affairs; liabilities total includes unsecured creditors $3,917,157.00, secured $5,680,324.75, preferred $0.00, contingent/contra $2,195,671.00 · page: 1 · as at: 2015-10-05 · basis: Statement of Affairs as stated and estimated by the bankrupt/officer · scope: A.O.C. Company Ltd (entity level, bankrupt estate) · currency: CAD · total assets: 3917157 · total liabilities: 11793152.75
- unsecured creditorsnote: Balance of claim after security value applied · page: 2 · as of: 2015-10-05 · basis: Statement of Affairs as reported · amount: 5191935.22 · debtor: A.O.C. Company Ltd · creditor: 2012475 Ontario Inc. · currency: CAD
- unsecured creditorsnote: Balance of claim after security value applied; also listed with a secured portion · page: 2 · as of: 2015-10-05 · basis: Statement of Affairs as reported · amount: 107954.53 · debtor: A.O.C. Company Ltd · creditor: 1391471 Ontario Inc. · currency: CAD
- unsecured creditorsnote: Toronto Centre Tax Services Office · page: 2 · as of: 2015-10-05 · basis: Statement of Affairs as reported · amount: 55000 · debtor: A.O.C. Company Ltd · creditor: Canada Revenue Agency (Account 0614 RC0001) · currency: CAD
- unsecured creditorsnote: Toronto Centre Tax Services Office · page: 2 · as of: 2015-10-05 · basis: Statement of Affairs as reported · amount: 35405 · debtor: A.O.C. Company Ltd · creditor: Canada Revenue Agency (Account 0614 RT0001) · currency: CAD
- unsecured creditorsnote: Quasi-governmental/deemed trust class · page: 2 · as of: 2015-10-05 · basis: Statement of Affairs as reported · amount: 290000 · debtor: A.O.C. Company Ltd · creditor: Revenue Quebec · currency: CAD
- secured creditorsnote: Amount unclear in OCR; classified as secured per bankrupt (List 'C'), debts due - business - DLF Holdings Inc. · page: 3 · as of: 01-Sep-2014 · debtor: A.O.C. Company Ltd · creditor: 2012475 Ontario Inc. · currency: CAD
- secured creditorsnote: Related party (individual); director/officer - Farm-Chabursky Industries; debts due - business - A.O.C. Holdings Inc. · page: 3 · as of: 01-Jul-2015 · amount: 500.04 · debtor: A.O.C. Company Ltd · creditor: Andrew Chabursky · currency: CAD
- secured creditorsnote: Debts due - business - A.O.C. Holdings Inc. · page: 3 · as of: 21-Feb-2005 · amount: 1451171.9 · debtor: A.O.C. Company Ltd · creditor: St. Bruno's Financier Ltd. · currency: CAD
- secured creditorsnote: Listed as secured creditor per bankrupt (List 'C'); debts due - business · page: 3 · as of: 19-Aug-2008 · amount: 1721212.45 · debtor: A.O.C. Company Ltd · creditor: 1391471 Ontario Inc. · currency: CAD · security: GSA
- unsecured creditorsnote: Rebate/penalty liability; contingent claim estimated to rank · page: 5 · as of: 2015-10-05 · basis: Statement of Affairs as reported (List 'D' - Contingent, Contra and Other Liabilities) · amount: 2195671 · debtor: A.O.C. Company Ltd · creditor: Ministry of Health and Long-Term Care · currency: CAD