Alberta · Bankruptcy
Trustee's Report to Creditors
Court officer report · 16 April 2024
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What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date4 April 2024
- court file no25-3064208
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- provinceAlberta
- secured creditorsnote: Trustee does not have specific details on the status of this secured interest · page: 2 · debtor: Leo's Building Supplies Ltd. · creditor: Sodisco-Howden Group Inc. · currency: CAD · security: Land Charge registered at the Personal Property Registry (PPR) on November 24, 2001
- secured creditorsnote: Amount owed is estimated · page: 2 · amount: 5653673.74 · debtor: Leo's Building Supplies Ltd. · creditor: Castle Building Centres Group Ltd. · currency: CAD · security: General Security Agreement (GSA) against all present and after-acquired personal property, registered at PPR on November 23, 2006
- secured creditorsnote: Deemed trust class; estimated total balance owed for payroll source deductions; Deemed Trust portion of this debt not yet determined · page: 2 · amount: 80877.52 · debtor: Leo's Building Supplies Ltd. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed Trust interest re: payroll source deductions
- recovery outcomeentries: basis: estimated · quote: Based on the quantum of secured debt and priority secured interests declared on the Statement of Affairs and the combined value of the assets, the Trustee does not anticipate that there will be a distribution to the unsecured creditors in the Bankrupt's estate. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2024-04-16 · table missing: