Ontario · Bankruptcy
First Report of the Trustee dated October 31, 2022
Court officer report · 31 October 2022
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 filing4 verified
- cash on handnote: As at the date of this Report; largely generated from June 2022 sale of the Daycare Properties · amount: 2600000 · currency: CAD · qualifier: approximately
- operational summaryThe Bankrupt, a former real estate investment firm, ceased operations upon bankruptcy; the Trustee vacated its head office and is focused on investigating pre-bankruptcy conduct and pursuing recovery of amounts owed by a related trust fund rather than any ongoing business operations.
- report date31 October 2022
- report noFirst Report