Ontario · Bankruptcy
Trustee's Preliminary Report dated
Court officer report · 8 July 2024
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What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date14 June 2024
- court file no31-3093199
- proceeding typebia_bankruptcy
- provinceONTARIO
- cash on handnote: Nil balance confirmed in the Company's frozen bank account at Bank of Montreal. · amount: 0 · currency: CAD
- financial positionnote: Assets not totalled: accounts receivable of $447.87 (may not be collectible), no value anticipated for IP or website. Liabilities per Statement of Affairs: Secured $1, Preferred Nil, Unsecured $36,345.26, Total $36,346.26; no claims filed to date. · basis: Statement of Affairs · scope: Company (Finkle Productions Inc.), entity-level · currency: CAD · total liabilities: 36346.26
- operational summaryThe Company had ceased operating for most of 2023 due to lingering COVID-related decline in Canadian film industry demand, and Ms. Finkle ultimately shut down operations in December 2023 before filing for bankruptcy; there is no ongoing business activity.
- recovery outcomeentries: basis: estimated · quote: The Trustee does not anticipate any distribution to unsecured creditors at this time. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · conditional on: at this time · claims qualifier: unstated · stated on: 2024-07-08 · table missing:
- report date8 July 2024