Ontario · Bankruptcy

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 30 October 2019

Subscribe to read the filing⁠

✨ Summarize · Subscribers

A plain-language read of this filing opens with a subscription.

What we verified from this filing54 verified

commencement date30 October 2019
court file no33-2577670
provinceOntario
financial positionnote: BIA bankruptcy; assignment filed 30 Oct 2019 (Ottawa, Ontario). Total liabilities $1,553,927.99 = Total unsecured creditors $1,545,927.99 (List A unsecured $1,493,927.99 + Balance of secured claims per List B $52,000.00) + Secured creditors per List B (secured portion) $8,000.00 + Preferred (List C) $0.00 + Contingent/trust (List D) $0.00. Total assets $8,000.00 (accounts receivable, List E, good); Deficiency $1,545,927.99; Surplus NIL. Note: the $52,000 balance-of-secured-claims already appears within List A (#16 David Kardish $22,000 and #29 Louis Karish $30,000), so the two List B secured claims' full $60,000 must not be added on top of the unsecured total. · page: 2 · as at: 2019-10-30 · basis: Form 78 Statement of Affairs (Business Bankruptcy), sworn by David Kardish, as stated and estimated by the officer; marked Original · scope: 1010217 Ontario Limited (single entity) · currency: CAD · total assets: 8000 · total liabilities: 1553927.99
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 3138.92 · debtor: 1010217 Ontario Limited · creditor: Aenos Food Services · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4527.63 · debtor: 1010217 Ontario Limited · creditor: Altra Foods Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 2332.09 · debtor: 1010217 Ontario Limited · creditor: AMF Automation Technologies Company · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 3449.8 · debtor: 1010217 Ontario Limited · creditor: Bakemark · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 646.89 · debtor: 1010217 Ontario Limited · creditor: BAM · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 165.4 · debtor: 1010217 Ontario Limited · creditor: Canadian Linen · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 994.86 · debtor: 1010217 Ontario Limited · creditor: Citron Hygiene · currency: CAD
unsecured creditorsnote: c/o Debbie Baylin · page: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated by the officer · amount: 1162843.31 · debtor: 1010217 Ontario Limited · creditor: 1048579 Ontario LTD. · currency: CAD
unsecured creditorsnote: Attn Insolvency Department; acct 507855669 · page: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 386.41 · debtor: 1010217 Ontario Limited · creditor: Bell Canada F-88 - Business · currency: CAD
unsecured creditorsnote: acct 6137891019 · page: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 3436.79 · debtor: 1010217 Ontario Limited · creditor: Bell Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 7150.62 · debtor: 1010217 Ontario Limited · creditor: Boilertek Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 14941.44 · debtor: 1010217 Ontario Limited · creditor: Bouldrault · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4355.98 · debtor: 1010217 Ontario Limited · creditor: City of Ottawa (Water) · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4347.61 · debtor: 1010217 Ontario Limited · creditor: Clabro Label 2016 Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 3634.2 · debtor: 1010217 Ontario Limited · creditor: CP Vegetable Oil · currency: CAD
unsecured creditorsnote: List A #16. This is the unsecured shortfall (Balance of claim $22,000.00) of the secured claim in List B; the unsecured-claim column is $0.00. Related party (officer). Cross-reference to the List B secured entry to avoid double-counting. · page: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 22000 · debtor: 1010217 Ontario Limited · creditor: David Kardish · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 21163.15 · debtor: 1010217 Ontario Limited · creditor: Desjardins Insurance · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 2018.8 · debtor: 1010217 Ontario Limited · creditor: EDDE Almond Paste · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 1613.36 · debtor: 1010217 Ontario Limited · creditor: EDI Gateway · currency: CAD
unsecured creditorsnote: Attn Recovery/Collections Department · page: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 63.39 · debtor: 1010217 Ontario Limited · creditor: Elavon Canada Co. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 5411.49 · debtor: 1010217 Ontario Limited · creditor: Enbridge · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 612.89 · debtor: 1010217 Ontario Limited · creditor: ERB Transport LTD. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 953.97 · debtor: 1010217 Ontario Limited · creditor: Foodfest · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4124.09 · debtor: 1010217 Ontario Limited · creditor: UNFI Canada Grocery · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 1000 · debtor: 1010217 Ontario Limited · creditor: Grand & Toy · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 105 · debtor: 1010217 Ontario Limited · creditor: Hendry Warren LLP · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 734.19 · debtor: 1010217 Ontario Limited · creditor: Independent Linen · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 20790.61 · debtor: 1010217 Ontario Limited · creditor: Introflex Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 1783.14 · debtor: 1010217 Ontario Limited · creditor: K.L. Bulmer · currency: CAD
unsecured creditorsnote: List A #29. This is the unsecured shortfall (Balance of claim $30,000.00) of the secured claim in List B (security valued at $0.00, so entire claim falls to unsecured); the unsecured-claim column is $0.00. Apparent related party. Cross-reference to the List B secured entry to avoid double-counting. · page: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 30000 · debtor: 1010217 Ontario Limited · creditor: Louis Karish · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4719.89 · debtor: 1010217 Ontario Limited · creditor: Matrec · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4652.44 · debtor: 1010217 Ontario Limited · creditor: Mehadarin · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 2126.82 · debtor: 1010217 Ontario Limited · creditor: National Herring Imp. · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 423.75 · debtor: 1010217 Ontario Limited · creditor: Nationwide Restaurant Equipment · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 2717.36 · debtor: 1010217 Ontario Limited · creditor: Nesbitt Engineering LTD. · currency: CAD
unsecured creditorsnote: Listed with $0.00 claim · page: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 0 · debtor: 1010217 Ontario Limited · creditor: Ventes Rudolph · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 100.5 · debtor: 1010217 Ontario Limited · creditor: Nine to Five Coffee · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 39350.89 · debtor: 1010217 Ontario Limited · creditor: Olympic Wholesale · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 159.44 · debtor: 1010217 Ontario Limited · creditor: Orleans Fresh Fruit · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 35711.55 · debtor: 1010217 Ontario Limited · creditor: Ottawa Vaad Hakashruth · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 2597.71 · debtor: 1010217 Ontario Limited · creditor: Pan-Glo Canada Pan Coauting - Bundy · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 1535.9 · debtor: 1010217 Ontario Limited · creditor: Regitan · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 167.12 · debtor: 1010217 Ontario Limited · creditor: Rogers · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 76586.71 · debtor: 1010217 Ontario Limited · creditor: Rudolph Sales 2000 Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 1833.97 · debtor: 1010217 Ontario Limited · creditor: Shefa Meats · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 39806.74 · debtor: 1010217 Ontario Limited · creditor: Starship Logistics · currency: CAD
unsecured creditorspage: 4 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 357 · debtor: 1010217 Ontario Limited · creditor: Summersweet Foods · currency: CAD
unsecured creditorsnote: Workplace Safety and Insurance Board (Ontario); listed by the officer on List A as ordinary unsecured (List C preferred is nil) · page: 5 · as of: 2019-10-30 · basis: Form 78 Statement of Affairs, List A, as stated by the officer · amount: 4354.17 · debtor: 1010217 Ontario Limited · creditor: WSIB · currency: CAD
secured creditorsnote: List B secured creditor. Same security type and grant date (01-Jan-2019) as the director's claim (apparent related party). Amount of claim $30,000.00; estimated value of security $0.00 - claim is effectively fully unsecured; unsecured shortfall (balance of claim) $30,000.00 is separately listed as unsecured in List A #29 - cross-reference to avoid double-counting. · page: 6 · as of: 2019-10-30 · amount: 30000 · debtor: 1010217 Ontario Limited · creditor: Louis Karish · currency: CAD · security: Debts Due - Business - Various Accounts receivable; security given 01-Jan-2019
secured creditorsnote: List B secured creditor. Related party - David Kardish is the officer who swore the SOA. Amount of claim $30,000.00; estimated value of security $8,000.00 (the secured portion, per balance-sheet line 2); unsecured shortfall (balance of claim) $22,000.00 is separately listed as unsecured in List A #16 - cross-reference to avoid double-counting. · page: 6 · as of: 2019-10-30 · amount: 30000 · debtor: 1010217 Ontario Limited · creditor: David Kardish · currency: CAD · security: Debts Due - Business - Various Accounts receivable; security given 01-Jan-2019