Ontario · Bankruptcy
Minutes of First Meeting of Creditors - Noventa- Aggregator Limited Partnership
Meeting materials · 7 April 2026
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: Total assets $6.00 and total liabilities $2,373,174.63 are per the Preliminary Report table (Total Value per SOA $6.00; Per Statement of Affairs unsecured $773,174.63 + contingent $1,600,000.00 = $2,373,174.63). The Form 78 shows a deficiency of $2,373,168.63 (per the garbled text), implying total liabilities of $2,373,174.63. Trial balance total assets (Feb 28, 2026): $3,028,147.28. At the first meeting, the Chair noted the ~$15 million of accounts receivable is mostly intercompany loans expected to be largely non-recoverable. · as at: 2026-03-19 · basis: Statement of Affairs (Form 78) sworn March 19, 2026 by Matthew Harris; management estimates. The Trustee's Preliminary Report also shows Trial Balance book values as at February 28, 2026 totalling $3,028,147.28, which differ materially from the nominal $1.00 SOA values. · scope: Noventa-Aggregator Limited Partnership (single entity, not consolidated) · currency: CAD · total assets: 6 · total liabilities: 2373174.63
- recovery outcomeentries: basis: estimated · quote: Based on the information set out in the Statement of Affairs and in this report, the Trustee does not anticipate any distribution to unsecured creditors at this time. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · conditional on: at this time · claims qualifier: unstated · stated on: 2026-04-07 · table missing: