Quebec · Bankruptcy
Trustee's Report on preliminary administration (French only)
Court officer report · 27 March 2023
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What we verified from this filing4 verified
- financial positionnote: Assets table (declared vs realized) on page 1; claims/liabilities table (déclaré au bilan vs reçu à date) on page 2. Total liabilities (875 552 $) is the sum stated in the table, comprising secured (214 275 $ declared / 380 899 $ received), contingent-disputed (16 369 $), deemed-trust DAS (56 726 $), and ordinary claims (588 182 $ declared / 130 214 $ received). · page: 2 · as at: 2023-03-07 · basis: Valeur déclarée au bilan (as declared per balance sheet as of bankruptcy assignment); realized value separately shown as 20 551 $ · scope: Entity-level: Excavation Ugo inc. · currency: CAD · total assets: 53127 · total liabilities: 875552
- secured creditorsnote: Listed under 'Réclamation estimée ou reçue' in Section F (Réclamations garanties); Section E's summary table shows a different aggregate figure for secured creditors (déclaré au bilan: 214 275 $ / reçu à date: 380 899 $) that does not reconcile with the Section F total of 437 626 $. · page: 3 · as of: 2023-03-07 · amount: 276548 · debtor: Excavation Ugo inc. · creditor: LBC Capital · currency: CAD · security: Contrats de location (equipment lease contracts)
- secured creditorsnote: Deemed-trust class (matches 'Créanciers en fiducie présumée – DAS' of 56 726 $ in Section E); classified as secured/deemed-trust claim in Section F. · page: 3 · as of: 2023-03-07 · amount: 56726 · debtor: Excavation Ugo inc. · creditor: Revenu Canada & Revenu Québec · currency: CAD · security: Retenues à la source (source deductions)
- secured creditorspage: 3 · as of: 2023-03-07 · amount: 104352 · debtor: Excavation Ugo inc. · creditor: Vault Crédit · currency: CAD · security: Hypothèque sur l'ensemble des biens meubles (blanket movable hypothec, all-property registrant)