Nova Scotia · Bankruptcy
Trustee’s Preliminary Report to Creditors
Court officer report · 3 July 2013
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What we verified from this filing9 verified
- appointeeDeloitte & Touche Inc.
- appointee roleTrustee
- courtNOVA SCOTIA BANKRUPTCY COURT
- court file no37379
- proceeding typebia_bankruptcy
- statutory basisThe Bankruptcy and Insolvency Act, a federal act in Canada (the "Act")
- commencement date14 June 2013
- financial positionnote: The Bankrupt did not have any assets (other than its interest in H102); Statement of Affairs shows a deficit before professional fees of (1,839,283). · as at: 2013-06-11 · basis: unaudited Statement of Affairs · scope: HII (102) GP Inc. (GP102) only, entity-level · currency: CAD · total assets: 0 · total liabilities: 1839283
- recovery outcomeentries: basis: estimated · quote: The Trustee estimates that there will not be any proceeds available for distribution to unsecured creditors as there is no asset in the Bankrupt's estate (as described above). · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Trustee estimates that the proceeds that will be realized from the liquidation of all of H102's assets which are not secured in favor of FGH (totaling $0.55M as per the Statement of Affairs) could result in a dividend ranging from 0 to 30 cents on the dollar to the unsecured creditors (who have claims totaling $1.8M as per the Statement of Affairs). · pct of: unstated · outcome: distribution · pct low: 0 · pct high: 30 · class key: unsecured · stated by: trustee · class label: unsecured creditors · claims amount: 1800000 · interim final: unstated · claims qualifier: estimated · stated on: 2013-07-03 · table missing: