Alberta · Receivership (court-appointed)
Trustee Preliminary Report
Court officer report · 22 December 2022
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 filing2 verified
- financial positionnote: Liabilities per Statement of Affairs ($3,134,096) differ substantially from claims actually Filed with Trustee ($106,029) as at report date. All Property is encumbered in favour of secured creditors; no surplus expected for preferred or unsecured creditors. · as at: 2022-12-02 · basis: Statement of Affairs (unaudited, management/trustee estimate based on books and records not audited by the Trustee) · scope: entity - Canadian Beaver Brewing and Distillery Company Ltd. (bankrupt estate) · currency: CAD · total assets: 472967 · total liabilities: 3134096
- recovery outcomeentries: basis: estimated · quote: No surplus funds are expected to be available for distribution to preferred or unsecured creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: preferred · stated by: trustee · class label: preferred or unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, it is not expected that any surplus funds, will be available for distribution to preferred or unsecured creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: preferred · stated by: trustee · class label: preferred or unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: