New Brunswick · NOI

Creditor's Package

Meeting materials · 5 November 2019

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financial positionnote: Deficiency of $1,224,428.13 stated. Liabilities comprise: unsecured creditors 404,349.53 + balance of secured claims 48,616.08 = total unsecured 452,965.61; secured creditors 2,535,780.00; preferred creditors NIL; contingent/other liabilities NIL. No preferred, contingent, or trust claims listed. · page: 13 · as at: 2019-11-05 · basis: Form 78 Statement of Affairs (Business Proposal), as stated and estimated by the officer (Sandro Speranza) · scope: Zio's Pizza Kitchen Ltd. (entity-level, single debtor) · currency: CAD · total assets: 1764317.48 · total liabilities: 2988745.61
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 116 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Maheu & Maheu · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 349 · debtor: Zio's Pizza Kitchen Ltd. · creditor: KKP Moncton · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 2843 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Jonic Ventilation Inc · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 476 · debtor: Zio's Pizza Kitchen Ltd. · creditor: JM Giffin Engineering Inc · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 780 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Hansen Signs · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 16540.59 · debtor: Zio's Pizza Kitchen Ltd. · creditor: GFS Gordon Food Service · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 4640 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Franco Plumbing & Heating · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 598 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Esslinger Foods Ltd · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 59609 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Ellsworth Johnson Phillips · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 2926 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Efficient Contracting · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 1163 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Down East Coffee Roasters · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 413 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Actus Law Droit · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 1385 · debtor: Zio's Pizza Kitchen Ltd. · creditor: ADT Security Services Canada Inc. · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 660 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Atlantic Restaurant Equipment & Supply · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 85000 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Bird Construction · currency: CAD
unsecured creditorsnote: Also listed as secured creditor with balance of claim 10,319.64 · page: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors (balance of claim beyond secured portion) · amount: 10319.64 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Blue Chip Leasing Corporation (unsecured balance) · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 6920.08 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Boudreau Albert Savoie & Associates · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 435 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Brunswick Fyr & Safety Accessories · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 5368 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Canadian Linen & Uniform Service · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 115 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Carter's Septic Tank Service Ltd · currency: CAD
unsecured creditorsnote: Balance of claim 113.00; also secured for 4,413.00 in List B · page: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 4417.19 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Chandler Sales, a division of J.D. Irving Limited (unsecured portion) · currency: CAD
unsecured creditorspage: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 517 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Dan's Welding & Fabrication Ltd · currency: CAD
unsecured creditorsnote: Also secured for 20,495.00 in List B · page: 14 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors (balance of claim beyond secured portion) · amount: 15345 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CWB National Leasing Inc./formerly National Leasing Group Inc. · currency: CAD
unsecured creditorsnote: Provincial tax; also listed as secured in List B for same amount with estimated surplus from security · page: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 87500 · debtor: Zio's Pizza Kitchen Ltd. · creditor: New Brunswick Department of Finance - Tax (unsecured portion) · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 330 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Miller Waste Systems Inc. - Markham Division · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 35 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Moncton Fish Market · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 1048 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Old Time Meat Market · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 550 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Praxair Canada Inc - Corporate accounts · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 1037 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Reinhard Degenhardt - European Sausage Farm · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 23653 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Saputo Inc. · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 29479 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Signature Landscape Ltd · currency: CAD
unsecured creditorsnote: Also secured for 42,463.44 in List B · page: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors (balance of claim beyond secured portion) · amount: 22838.44 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Silver Chef Rentals Inc. (unsecured balance) · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 862 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Super Clean · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 6236 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Superior Propane · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 572 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Troy Life & Fire · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 640 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Valley Refrigeration · currency: CAD
unsecured creditorsnote: Regulatory workers' compensation claim · page: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 31360 · debtor: Zio's Pizza Kitchen Ltd. · creditor: WorkSafeNB / Travail sécuritaire NB - Head Office · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 483.67 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Yellow Pages Group Co. · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 600 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Maritime Custom Restaurant Hoods · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 1873 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Maritime Fireplaces · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 17250 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Maurice McGraw - Consultant · currency: CAD
unsecured creditorspage: 15 · as of: 2019-11-05 · basis: Statement of Affairs List A - Unsecured Creditors · amount: 5570 · debtor: Zio's Pizza Kitchen Ltd. · creditor: MCW Maricor · currency: CAD
secured creditorspage: 16 · as of: 2019-11-05 · amount: 343810 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CIBC c/o TECHCOM Managed Services (account 00024009824359) · currency: CAD · security: Other - General Restaurant Furniture & Equipment; Inventory; Real property/immovable - Building and Land - Moncton, 214 Church Street; Real property - 14-146 Mountain Road parking lot
secured creditorspage: 16 · as of: 2019-11-05 · amount: 764444 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CIBC c/o TECHCOM Managed Services (account 00024009824251) · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street; Cash on hand; Accounts Receivable; Real property - 14-146 Mountain Road parking lot
secured creditorsnote: Balance of claim 113.00 after estimated security value 4,300.00 · page: 16 · as of: 2019-11-05 · amount: 4413 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Chandler Sales, a division of J.D. Irving Limited · currency: CAD · security: Other - Chandler dishwashers x2, given 01-Jan-2019
secured creditorsnote: Estimated surplus from security of 1,252.50 noted · page: 16 · as of: 2019-11-05 · amount: 47840 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Business Development Bank of Canada - Atlantic (account 092051-02) · currency: CAD · security: Other - General Restaurant Furniture & Equipment (01-Jan-2019); Other - Accounts Receivable (01-Jan-2018)
secured creditorsnote: Balance of claim 10,319.64 after estimated security value 3,350.00 · page: 16 · as of: 2019-11-05 · amount: 13669.64 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Blue Chip Leasing Corporation · currency: CAD · security: Other - Bluechip Security System, given 01-Jan-2019
secured creditorsnote: Estimated surplus from security of 116,500.00 noted · page: 16 · as of: 2019-11-05 · amount: 769275 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Business Development Bank of Canada - Atlantic (account 092051-01) · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street; Real property - 14-146 Mountain Road parking lot (given 19-Dec-2013)
secured creditorspage: 17 · as of: 2019-11-05 · amount: 76475 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CIBC c/o TECHCOM Managed Services (account 00024009824650) · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street; Real property - 14-146 Mountain Road parking lot; Accounts Receivable
secured creditorsnote: Balance of claim 22,838.44 after estimated security value 19,625.00 · page: 17 · as of: 2019-11-05 · amount: 42463.44 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Silver Chef Rentals Inc. · currency: CAD · security: Other - Silverchef Restaurant Equipment, given 01-Jan-2019
secured creditorspage: 17 · as of: 2019-11-05 · amount: 28859 · debtor: Zio's Pizza Kitchen Ltd. · creditor: Scotiabank c/o Canaccede International Management Ltd. · currency: CAD · security: Motor Vehicles - Automobile - 2017 Toyota Tacoma
secured creditorsnote: Provincial tax deemed trust/security class; estimated surplus from security of 888,784.98 noted (appears to reflect combined property value across secured creditors) · page: 17 · as of: 2019-11-05 · amount: 87500 · debtor: Zio's Pizza Kitchen Ltd. · creditor: New Brunswick Department of Finance - Tax · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street
secured creditorsnote: Balance of claim 15,345.00 after estimated security value 5,150.00 · page: 17 · as of: 2019-11-05 · amount: 20495 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CWB National Leasing Inc. (formerly National Leasing Group Inc.) · currency: CAD · security: Other - CWB POS & Thermal Printers, given 01-Jan-2019
secured creditorsnote: Deemed trust / CRA secured claim class · page: 17 · as of: 2019-11-05 · amount: 228000 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CRA - Tax - Atlantic · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street
secured creditorspage: 17 · as of: 2019-11-05 · amount: 157152 · debtor: Zio's Pizza Kitchen Ltd. · creditor: CIBC c/o TECHCOM Managed Services (account 00024009835253) · currency: CAD · security: Real property/immovable - Building and Land - Moncton, 214 Church Street; Real property - 14-146 Mountain Road parking lot; Accounts Receivable
recovery outcomeentries: basis: plan · quote: The proposal provides for the payment in full to Class A creditors, the payment to Class B creditors in the full amount of the appraised value of their respective assets held as security, a fund of $90,000 is to be established for the benefit of Class C creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Class A creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Class "D" creditors will be paid 60% of their outstanding account balances over a period of five years. · pct of: unstated · outcome: distribution · pct low: 60 · pct high: 60 · class key: secured · stated by: trustee · class label: Class D creditors · interim final: unstated · claims qualifier: unstated · table missing: