Quebec · NOI
Notice of Proposal to Creditors
Notice to creditors · 26 January 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- financial positionnote: Assets shown at realization value (Argent en banque 40,000; Inventaire 75,000; Étagère de magasin 2,000; Total 117,000) are stated to be entirely encumbered in favour of the secured creditor, leaving no equity in the event of bankruptcy. Liabilities total of 991,723 comprises Crown claims 4,078 + secured creditor 651,000 + ordinary/unsecured creditors 336,645, as stated in the statutory statement of affairs (component figures reported, not computed by extractor). · page: 17 · basis: Book/realization value as reported by trustee from debtor's books and records and management discussions; unaudited; trustee makes no representation as to accuracy · scope: Entity level - Boutique Érotika 2002 Inc. · currency: CAD · total assets: 117000 · total liabilities: 991723
- secured creditorsnote: Document states only an aggregate 'créancier garanti' figure per the statutory statement of affairs; no individual creditor named. All assets are stated to be encumbered in favour of the secured creditor, leaving no equity. · page: 17 · as of: statutory statement of affairs · amount: 651000 · debtor: Boutique Érotika 2002 Inc. · creditor: Secured creditor (unnamed) · currency: CAD
- unsecured creditorsnote: Preferred/priority Crown claim under section 60(1.1) BIA; amounts subject to confirmation upon receipt of proofs of claim. · page: 17 · as of: statutory statement of affairs · basis: Statutory statement of affairs (bilan statutaire), unaudited · amount: 4078 · debtor: Boutique Érotika 2002 Inc. · creditor: Crown claims (60(1.1) BIA) · currency: CAD
- unsecured creditorsnote: Document names no individual creditors; trustee cautions the list has not been verified and amounts will be confirmed once proofs of claim are received. · page: 17 · as of: statutory statement of affairs · basis: Statutory statement of affairs (bilan statutaire), unaudited; also used as 'Réclamations ordinaires' in the estimated dividend analysis · amount: 336645 · debtor: Boutique Érotika 2002 Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: plan · quote: nous sommes d'avis que les créanciers ordinaires recevraient un dividende de 29,09% dans l'éventualité où la Proposition serait acceptée · pct of: unstated · outcome: distribution · pct low: 29.09 · pct high: 29.09 · class key: unsecured · stated by: proposal_trustee · class label: créanciers ordinaires (proposition) · claims amount: 336645 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: comparativement à un scénario de faillite dans lequel la somme disponible aux créanciers ordinaires serait nul. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: créanciers ordinaires (faillite) · claims amount: 336645 · interim final: unstated · claims qualifier: estimated · stated on: 2024-01-25 · table missing: