Alberta · Bankruptcy

Trustee's Preliminary Report - January 10, 2013

Court officer report · 10 January 2013

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 filing3 verified

proceeding typebia_bankruptcy
statutory basisBankruptcy and Insolvency Act
recovery outcomeentries: basis: unstated · quote: The amount available for distribution to unsecured creditors is uncertain as the Company's assets, excluding any potential recovery from the Litigation Claims, appear insufficient to pay the claims of the priority secured creditors. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Trustee anticipates that all of Crumbz assets will be encumbered by security interests with no realizations of assets available for the bankruptcy estate. · pct of: unstated · outcome: nil · class key: secured · stated by: trustee · class label: secured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2013-01-10 · table missing: