Quebec · Bankruptcy
Trustee's Report on preliminary administration
Court officer report · 15 April 2021
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What we verified from this filing8 verified
- proceeding typebia_bankruptcy
- statutory basisLoi sur la faillite et l'insolvabilité (« LFI »)
- financial positionnote: Trustee's report states 'There are no secured creditors' (page 4). Total assets per Statement of Affairs $116,291 vs. estimated realization value $109,700. Total liabilities per Statement of Affairs $25,572,153 vs. amount received/proven as of April 15, 2021 of $845,891.35. · page: 2 · as at: 2021-03-18 · basis: Statement of Affairs (bank cash valued per company books and records as at February 26, 2021 and bank transfer of March 24, 2021; shareholdings valued at nil/Ø) · scope: Entity-level: IAH, International Acorn Holdings Inc. (holdings of ECS Biomed Inc. and ECS Biomed USA shown at nil value) · currency: CAD · total assets: 116291 · total liabilities: 25572153
- unsecured creditorsnote: Statement of Affairs listed unsecured creditors at $1,412,210; document names no individual creditors. Amount shown is claims received as of April 15, 2021 per report table. · page: 3 · as of: 2021-04-15 · basis: Received as of April 15, 2021 (claims received) · amount: 845891.35 · debtor: IAH, International Acorn Holdings Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Statement of Affairs shows a contingent creditors figure denoted '1' (illegible/unclear amount) with Ø received as of April 15, 2021; document names no individual creditors. · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported · debtor: IAH, International Acorn Holdings Inc. · creditor: Contingent creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Related party (shareholder) deferred claim; Ø received as of April 15, 2021; ranks behind ordinary unsecured claims as deferred. · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 24159942 · debtor: IAH, International Acorn Holdings Inc. · creditor: Deferred creditors (Shareholder) (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: unstated · quote: Le syndic anticipe une distribution éventuelle aux créanciers non garantis. Cependant, le montant des distributions dépendra de la réalisation finale et les réclamations prouvées des créanciers. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · class label: Créanciers non garantis / Unsecured creditors · claims amount: 1412210 · interim final: unstated · conditional on: le montant des distributions dépendra de la réalisation finale et les réclamations prouvées des créanciers · claims qualifier: unstated · table missing:
- secured creditors