British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 15 April 2024
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What we verified from this filing12 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date26 March 2024
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- statutory basisthe Bankruptcy and Insolvency Act
- financial positionnote: Cash of $148,217.00 represents net proceeds from pre-bankruptcy auction sale of assets, held by Trustee. Total liabilities per Statement of Affairs comprise secured $15,000.00, preferred nil, unsecured $1,492,114.55. Total per claims filed to date is $1,346,315.42 unsecured (no secured or preferred claims filed). · page: 2 · basis: Statement of Affairs filed in the bankruptcy · scope: Ccon Metals Inc. (single entity, bankrupt estate) · currency: CAD · total assets: 148217 · total liabilities: 1507114.55
- secured creditorsnote: Proof of claim not yet submitted as of date of report; amount per Statement of Affairs. · page: 2 · as of: Statement of Affairs filing date · amount: 15000 · debtor: Ccon Metals Inc. · creditor: Driven Financial Technologies Corporation · currency: CAD · security: General collateral over all present and after-acquired personal property (per BC PPR search March 7, 2024)
- unsecured creditorsnote: Deemed trust claim, ranks in priority to all other creditors; not an ordinary unsecured claim; amount is unconfirmed estimate; CRA proof of claim not yet filed. · page: 2 · as of: estimate as of report date · basis: Company estimate of unremitted payroll deductions, not yet confirmed by CRA or proof of claim · amount: 23000 · debtor: Ccon Metals Inc. · creditor: Canada Revenue Agency (CRA) - deemed trust (payroll source deductions) · currency: CAD
- unsecured creditorsnote: Document names no individual unsecured creditors. Proofs of claim filed to date total $1,346,315.42 (8 claims filed); no significant differences noted between claims filed and Statement of Affairs listing. · page: 3 · as of: Statement of Affairs filing date · basis: Statement of Affairs as reported · amount: 1492114.55 · debtor: Ccon Metals Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceBritish Columbia