Ontario · Bankruptcy

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 17 March 2010

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appointeeMEYERS NORRIS PENNY LIMITED
appointee roletrustee
commencement date17 March 2010
court file no31-1334353
provinceONTARIO
statutory basisSubsection 102(1)
financial positionnote: Deficiency of $949,610.47 reported; unsecured creditors per List A total $901,973.78 (unsecured claim $377,067.78 + balance of claims unsecured $524,906.00); secured creditors value of security per List B $210,002.00; preferred creditors per List C $47,636.69 · page: 2 · as at: 2010-03-16 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer · scope: 1186222 Ontario Inc. o/a Holly's and Ann Stuart (entity level) · currency: CAD · total assets: 210002 · total liabilities: 1159612.47
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 4165943272) · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 501625701) · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 9054204488) · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 9056299946) · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 9057643529) · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 9058001793) · currency: CAD
unsecured creditorsnote: Unsecured claim $0.00 shown, balance of claim unsecured $499,906.00; secured creditor's deficiency · page: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 499906 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: 1353543 Ontario Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 19810.16 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Cartise Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 6552 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Chagall Int. Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 10790.18 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Collections Andrade · currency: CAD
unsecured creditorsnote: Address in Chicago, IL USA - currency not specified, listed as-is · page: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 8003.39 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: David Meister · currency: USD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1082.13 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: DBA Apparel · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 15787.58 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Duvet Comfort Inc. · currency: CAD
unsecured creditorsnote: Deemed trust class - CRA (Acct 8962-4192-rt0001) · page: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 5000 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 2476.07 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: 2054168 Ontario Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 8062.11 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: 4459792 Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1558.32 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: 901120 Ontario Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 15894.29 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Adorable Jr. · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 22558.57 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: APP Group · currency: CAD
unsecured creditorspage: 3 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Bell Canada - Corporate (Acct 4163627070) · currency: CAD
unsecured creditorsnote: Address in New York, NY USA - currency not specified, listed as-is · page: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3094.4 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Nicole Miller · currency: USD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 2419.92 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Echo Design Group · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 5707.28 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Ed Battan & Co. · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 6333.4 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Femstyle Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 6715.8 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Franco Mirabelli Design · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 5256.3 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Frank Lyman Sedgn · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3924.03 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Frederick Ian · currency: CAD
unsecured creditorsnote: Address in Newark, NJ USA - currency not specified, listed as-is · page: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 4422.77 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: G-lil Leather Fashions · currency: USD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 19358.96 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Groupe JS · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 2337.76 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Jana & Co. · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 6736.8 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Janor Imports · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 12618.62 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Jeremy D · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 29105.54 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Joseph Ribkoff · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3567.06 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Linwood Fashions · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1485.75 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Luna Furs · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 15078 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Mallia Fashions · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 17716.7 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Michael Kors · currency: CAD
unsecured creditorsnote: Provincial sales tax indebtedness (Acct 89623-4192tr0001) · page: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 10000 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Minister of Finance - PST · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 2613.27 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Papillon Blanc · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 23378.58 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Pink Tartan · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3490.99 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Remco Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3525.9 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Studio Mode · currency: CAD
unsecured creditorspage: 4 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 3526.95 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Svetlana · currency: CAD
unsecured creditorsnote: Listed twice - this entry shows $0.00 unsecured claim · page: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 0 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Fashion Distributors · currency: CAD
unsecured creditorsnote: Balance of secured claim unsecured; Acct 637357779 · page: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 25000 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Toronto-Dominion Bank · currency: CAD
unsecured creditorspage: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 6437.17 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Tricotto · currency: CAD
unsecured creditorspage: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 2398.83 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: V Fraas Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1425.49 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: VTI Canada · currency: CAD
unsecured creditorsnote: Regulatory/statutory claim (Acct 2485764) · page: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 328.13 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Workplace Safety & Insurance Board · currency: CAD
unsecured creditorsnote: Listed twice - this entry shows $1.00 unsecured claim · page: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Fashion Distributors · currency: CAD
unsecured creditorsnote: Address in Los Angeles, CA USA - currency not specified, listed as-is · page: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 5416.82 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Tadashi Shoji · currency: USD
unsecured creditorspage: 5 · as of: 2010-03-16 · basis: Statement of Affairs List A (as reported) · amount: 51063.76 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Teenflo Inc. · currency: CAD
secured creditorsnote: Estimated value of security $1.00 · page: 6 · as of: 2010-03-16 · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Hav-A-Kar · currency: CAD · security: Motor Vehicle - 2007 Audi A4 Quattro (VIN WAUDF78E77A183181)
secured creditorsnote: Estimated value of security $0.00; balance of claim unsecured $499,906.00 per Statement of Affairs List B · page: 6 · as of: 2010-03-16 · amount: 499906 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: 1353543 Ontario Inc. · currency: CAD · security: Business Assets - Stock In Trade (Inventory); Business Assets - Trade Fixtures (Equipment)
secured creditorsnote: Estimated value of security $1.00 · page: 6 · as of: 2010-03-16 · amount: 1 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Toyota Credit Canada · currency: CAD · security: Motor Vehicle - 2009 Lexus ES350 (VIN JTHBJ46G592283836)
secured creditorsnote: Estimated value of security $210,000.00; balance of claim unsecured $25,000.00 per Statement of Affairs List B; account no. 637357779 · page: 6 · as of: 2010-03-16 · amount: 235000 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Toronto-Dominion Bank · currency: CAD · security: Business Assets - Stock In Trade (Inventory); Business Assets - Trade Fixtures (Equipment)
unsecured creditorsnote: Preferred creditor for rent · page: 7 · as of: 2010-03-16 · basis: Statement of Affairs List C (as reported) · amount: 8451.45 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: Pickering Town Centre - Hollys · currency: CAD
unsecured creditorsnote: Preferred creditor for rent · page: 7 · as of: 2010-03-16 · basis: Statement of Affairs List C (as reported) · amount: 11760.84 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Cadillac Fairview Corporation Limited - T1186ON1 · currency: CAD
unsecured creditorsnote: Preferred creditor for rent · page: 7 · as of: 2010-03-16 · basis: Statement of Affairs List C (as reported) · amount: 15419.75 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Cadillac Fairview Corporation Limited - Holly's Unit B232 · currency: CAD
unsecured creditorsnote: Preferred creditor for rent · page: 7 · as of: 2010-03-16 · basis: Statement of Affairs List C (as reported) · amount: 12004.65 · debtor: 1186222 Ontario Inc. o/a Holly's and Ann Stuart · creditor: The Cadillac Fairview Corporation Limited - Holly's The Promenade, Thornhill · currency: CAD