Ontario · Bankruptcy
Trustee's Preliminary Report
Court officer report · 7 June 2022
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What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date18 May 2022
- court file no33-2831108
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisSection 67(b), of the Bankruptcy and Insolvency Act
- financial positionnote: Statement of Affairs confirms no secured creditors ('As per the Statement of Affairs, there are no secured creditors'); total assets shown as Free assets only (Pledged = 0.00 both columns) · page: 3 · as at: 2022-04-14 · basis: Debtor's Sworn Statement of Affairs dated April 14, 2022 compared with LIT's estimated realization; apparent deficit of -2,967,043.85 per LIT · scope: Entity - Riverside Professional Centre Inc. · currency: CAD · total assets: 1276466.15 · total liabilities: 4243510
- unsecured creditorsnote: Document names no individual creditors; same amount reported by both Debtor's sworn statement and LIT · page: 3 · as of: 2022-04-14 · basis: As per Debtor's Sworn Statement of Affairs dated April 14, 2022; confirmed by LIT estimated realization figures · amount: 4243510 · debtor: Riverside Professional Centre Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: The realization is estimated to be 29.5%. · pct of: unstated · outcome: distribution · pct low: 29.5 · pct high: 29.5 · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · claims amount: 4243510 · interim final: unstated · claims qualifier: unstated · stated on: 2022-06-07 · table missing:
- secured creditors