Ontario · Bankruptcy
Trustees Preliminary Report dated May 6, 2025.pdf
Court officer report · 6 May 2025
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What we verified from this filing5 verified
- cash on handnote: Stated as no cash held as at the Bankruptcy Date. · as at: 2025-04-22 · amount: 0 · currency: CAD
- financial positionnote: Assets: Company had no inventory, no plant/machinery/equipment, no premises, no cash, no accounts receivable, and no other known assets as at the Bankruptcy Date ('The Company is not in possession of any assets with a marketable value'). Liabilities (book values, excluding unquantified employee claims): Secured Creditors $0.00; Preferred Creditors $0.00; Unsecured Creditors $98,978,470.18. · basis: book value · scope: entity - bankruptcy estate of 1001152347 Ontario Inc. · currency: CAD
- operational summaryThe Company has no ongoing business or assets, having assumed only the excluded assets, contracts and liabilities left over after OMNI's sale transaction closed; it was assigned into bankruptcy shortly thereafter and the Trustee does not anticipate any distributions to creditors.
- recovery outcomeentries: basis: estimated · quote: As there are no assets remaining in the estate, the Trustee does not anticipate any distributions to creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-05-06 · table missing:
- report date6 May 2025