Ontario · Receivership (court-appointed)
Notice of Receiver
Notice of receiver (s. 245 / Form 87) · 10 January 2010
A plain-language read of this filing opens with a subscription.
What we verified from this filing15 verified
- appointeeMeyers Norris Penny Limited
- appointee roleReceiver
- commencement date18 January 2010
- courtOntario Superior Court of Justice
- financial positionnote: No asset valuation is stated: the Assets are described only as “land and building”. The Receiver states it “is unable to determine if there will be any funds available for the ordinary unsecured creditors”. Secured claims are stated at $8,979,343 in total and the unsecured list at $6,046, five of its six entries being “Unknown”. · page: 1 · basis: Notice of Receiver (s.245) / Receiver's Report (s.246(1)); the Receiver reports under s.246(1) and Rule 125 BIA. · scope: 1742209 Ontario Inc. (entity level) · currency: CAD
- provinceONTARIO
- secured creditorsnote: The Assets consist of land and building (400 Harry Walker Parkway South, Newmarket, Ontario). · page: 1 · amount: 8979343 · debtor: 1742209 Ontario Inc. · creditor: Business Development Bank of Canada · currency: CAD · security: Mortgage. Listed on the face of the notice and again in List “B”, “Secured Creditors”, which states a secured total of $8,979,343.
- secured creditorsnote: Stated as $0 on p.1 and as a dash in List “B” — a registrant with no balance outstanding, not an unknown. · page: 1 · amount: 0 · debtor: 1742209 Ontario Inc. · creditor: The Bank of Nova Scotia · currency: CAD · security: PPSA registration. Listed on the face of the notice and in List “B”, “Secured Creditors”.
- statutory basissubsection 246(1) and Rule 125 of the Bankruptcy and Insolvency Act
- unsecured creditorsnote: Amount stated as “Unknown”. Individual creditor. · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · debtor: 1742209 Ontario Inc. · creditor: Arpad Takacs · currency: CAD
- unsecured creditorsnote: Amount stated as “Unknown”. Listed care of PricewaterhouseCoopers Inc., indicating that creditor is itself an insolvency estate. · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · debtor: 1742209 Ontario Inc. · creditor: Cam Tool & Die Ltd. c/o PricewaterhouseCoopers Inc. · currency: CAD
- unsecured creditorsnote: Amount stated as “Unknown”. Individual creditor. · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · debtor: 1742209 Ontario Inc. · creditor: Richard Adelman · currency: CAD
- unsecured creditorsnote: Amount stated as “Unknown” — not a zero. · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · debtor: 1742209 Ontario Inc. · creditor: Enbridge Gas Distribution — Bankruptcy Department · currency: CAD
- unsecured creditorsnote: The only stated amount on the list; it equals the list's stated total of $6,046. · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · amount: 6046 · debtor: 1742209 Ontario Inc. · creditor: Newmarket Hydro · currency: CAD
- unsecured creditorsnote: Amount stated as “Unknown” — not a zero. Crown claim (deemed-trust class where applicable). · page: 3 · basis: List “A”, “Unsecured Creditors”, attached to the Notice of Receiver (s.245) / Receiver's Report (s.246(1)) of Meyers Norris Penny Limited, Court Appointed Receiver. The list states a total of $6,046. · debtor: 1742209 Ontario Inc. · creditor: Canada Revenue Agency · currency: CAD