Ontario · Bankruptcy
Trustee's Preliminary Report
Court officer report · 16 February 2024
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What we verified from this filing7 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date26 January 2024
- court file no31-3035441
- provinceOntario
- financial positionnote: Assets per SOA as at Date of Bankruptcy (Jan 26, 2024): Deposits in Financial Institutions $3,766.88, Retainer at Gardiner Roberts LLP $4,229.01, Receivable Due from Integro $0.00, Total $7,995.89. Liabilities per SOA total $13,405,112.99 (Secured $7,995.89, Unsecured $4,068,801.10, Contingent $9,328,316.00); claims 'as Filed' as of noon EST Feb 16, 2024 total only $9,474,441.02 (Secured Nil, Unsecured $9,474,441.02, Contingent Nil) reflecting the Bank's contingent claim being reclassified as an unsecured judgment claim of $9,474,441.02 obtained Dec 27, 2023. Trustee has not determined admissibility or value of claims for dividend purposes. · basis: Sworn Statement of Affairs (SOA) estimated realizable values; not reviewed or audited by the Trustee · scope: entity - Integro IBS Holdings Inc. (the bankrupt holding company), not consolidated with subsidiary Integro Building Systems Inc. · currency: CAD · total assets: 7995.89 · total liabilities: 13405112.99
- recovery outcomeentries: basis: estimated · quote: The Trustee does not anticipate any distribution to the unsecured creditors in this bankruptcy proceeding. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2024-02-16 · table missing: