Alberta · Bankruptcy
Trustee's Report to Creditors on Preliminary Administration dated September 15 2026
Court officer report · 15 September 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 filing5 verified
- financial positionnote: SOA lists Debtor's only assets as the 104th Avenue Assets (inventory, stock in trade) with book value and estimated realizable value of $115,940, corresponding to RBC's estimate of collateral value; Trustee states this amount should not be relied upon as the anticipated recovery and cannot confirm the assets exist or are available for realization. Unsecured claims total approximately $1,368,710 including RBC's unsecured portion. · as at: 2026-08-28 · basis: Statement of Affairs based on information in the Ayotade Affidavit; unaudited; Trustee disputes reliability of the figure · scope: entity - Cappadocia Import Turkish Food Inc. · currency: CAD · total assets: 115940
- operational summaryThe Debtor ceased active business operations around October 2025 (with the 104th Avenue location vacated between September 2-4, 2025), currently holds no confirmed assets, and conducts no business activity.
- recovery outcomeentries: basis: estimated · quote: As of the date of this Report, given the secured interest in favour of RBC, the Trustee does not anticipate that distributions will be available to the Debtor's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-09-15 · table missing:
- report date15 September 2026
- report noTrustee's Report to Creditors on Preliminary Administration