Ontario · CCAA

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 26 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 filing1 verified

financial positionnote: Statement of Affairs states total assets 0.00 (all asset categories 0.00) and a deficiency of $15,423,423.92; surplus NIL. Liabilities: unsecured creditors $15,423,423.92 (employees $98,296.92; other unsecured creditors $15,325,127.00); secured creditors 0.00; preferred creditors 0.00; contingent/trust claims 0.00. Statement is dated as of the 24th day of April 2024, while the bankruptcy occurred April 25, 2024. · as at: 2024-04-24 · basis: Form 78 Statement of Affairs, 'as stated and estimated by the officer' (Christine Sinclair, LIT, Vice President of PwC Inc., the Monitor), sworn as a full, true and complete statement of the Company's affairs to the best of her knowledge · scope: 1000843823 Ontario Inc. (single entity, the bankrupt) · currency: CAD · total assets: 0 · total liabilities: 15423423.92