Ontario · NOI

First Report of the Proposal Trustee, Motion Record (returnable January 23, 2019) - January 18 2019

Court officer report · 23 January 2019

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unsecured creditorsnote: Union pension plan claim; NOI creditors list also includes CIBC and other secured creditors noted separately · page: 7 · as of: NOI filing date · basis: NOI creditors list as reported by Proposal Trustee · amount: 103000 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Teamsters, Local Union 847 (pension claim) · currency: CAD
financial positionnote: Satin's NOI lists creditors with claims greater than $250 totalling approximately $38 million; this is a stated approximate total, not itemized to a precise figure, and includes both secured and unsecured claims · page: 8 · as at: NOI filing date · basis: NOI creditors list (claims greater than $250), approximately stated · scope: Satin Finish Hardwood Flooring, Limited (entity level) · currency: CAD · total liabilities: 38000000
secured creditorspage: 8 · as of: NOI filing date · amount: 250 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Meridian Onecap Credit Corp · currency: CAD · security: PPSA registration
secured creditorspage: 8 · as of: NOI filing date · amount: 250 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Taurus Craco Machinery Inc · currency: CAD · security: PPSA registration
secured creditorspage: 8 · as of: NOI filing date · amount: 3126 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: National Leasing Group · currency: CAD · security: PPSA registration
secured creditorspage: 8 · as of: NOI filing date · amount: 250 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Ford Credit Canada Leasing · currency: CAD · security: PPSA registration
secured creditorsnote: Estimated amount owed at the filing date per PPSA registry search as of November 20, 2018 and Satin's records; also listed as $14,700,000.00 in Form 33 creditors list · page: 8 · as of: NOI filing date · amount: 14700000 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: First secured charge against the assets of Satin; also beneficiary of a registration under section 427 of the federal Bank Act
secured creditorspage: 8 · as of: NOI filing date · amount: 1144 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: RCAP Leasing Inc · currency: CAD · security: PPSA registration
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 5473.21 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Action Paperr & Packaging Co. Ltd. · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 6067.88 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Aj Lemik Manufacturing Inc. · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 150465.57 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Akzo Nobel Wood Coatings Ltd. · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1420 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Access Solutions Inc. · currency: CAD
unsecured creditorsnote: Related party unclear; listed c/o Minden Gross Attention: David Kutner · page: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1703275 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: 15 Fenmar Investments Limited · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1349.54 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Allstream Inc. · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 584.21 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Alten Overhead Doors Inc · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 12295.8 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Aon Reed Stenhouse Inc. · currency: CAD
unsecured creditorsnote: Address in USA · page: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1267.87 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Artistic Finishes, Inc. · currency: USD
unsecured creditorsnote: Address in USA · page: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 90431.15 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Baillie Lumber CO · currency: USD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 559.35 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Bell Canada · currency: CAD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 6798.37 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Best Employment Services · currency: CAD
unsecured creditorsnote: Address in USA · page: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 24341.27 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Acme Sawmill · currency: USD
unsecured creditorspage: 19 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1347.38 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Action Hydraulics Limited · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 4156.87 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Canadian Mill Nettclean Supply Inc. · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1209.1 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Bild · currency: CAD
unsecured creditorsnote: Address Vancouver BC despite name · page: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 2079.19 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Build Direct (US) · currency: CAD
unsecured creditorsnote: Address in USA · page: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 157635.5 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Buskirk Lumber · currency: USD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 1475.97 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Cambrian Spring Inc · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 600.55 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Canadian Bearings Ltd. · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 2525.66 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Capital Tire · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 9724.15 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Cascades Containerboard Packaging · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 2216.19 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Cathild Inc. · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 6132.6 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Cavalier Group of Companies · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 14695.31 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: CCT Canada Inc. · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 845 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: Cintas Canada Limited · currency: CAD
unsecured creditorspage: 20 · as of: NOI filing date · basis: List of Creditors with claims of $250 or more (Form 33 attachment) · amount: 3617.29 · debtor: Satin Finish Hardwood Flooring, Limited · creditor: City Electric Supply · currency: CAD
sale outcometext: Proposal Trustee recommends the Sale Process be approved to solicit offers for the sale of the business/assets · scope: whole_business · status: process_approved