New Brunswick · Proposal

Marathon Fluids - Material Adverse Change Report with Exhibits

Court officer report · undated

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appointeeBDO Canada Inc.
appointee roleProposal Trustee
commencement date12 December 2017
courtIN THE COURT OF QUEEN'S BENCH OF NEW BRUNSWICK IN BANKRUPTCY
court file no23369
statutory basissections 50.10(a)(i) and 50.10(a.1) of the Bankruptcy and Insolvency Act ("BIA")
secured creditorsnote: Not participating in Proposal distribution but entitled to claim debt and vote as secured creditor; amount not stated. · page: 12 · debtor: 680177 NB Inc. (guaranteed/secured by Marathon) · creditor: M4 Holdings Inc. · currency: CAD · security: Secured creditor of Marathon by guarantee/security in respect of debts of 680177 NB Inc.
secured creditorsnote: Proposal Realization Schedule shows total priority/secured payments of $48,000 for TD and MAAC combined but TD payout separately negotiated by refinancing; no discrete outstanding balance stated for MAAC. · page: 12 · as of: NOI filing date · debtor: Marathon Fluid Systems Ltd · creditor: Merchant Advanced Capital (MAAC) · currency: CAD · security: Secured creditor; treated by Proposal as secured, to be paid $200/month for 36 months in full and final satisfaction
secured creditorsnote: Not participating in Proposal distribution but entitled to claim debt and vote as secured creditor; amount not stated. · page: 12 · debtor: 680177 NB Inc. (guaranteed/secured by Marathon) · creditor: Roynat Capital Inc. · currency: CAD · security: Secured creditor of Marathon by guarantee/security in respect of debts of 680177 NB Inc.
secured creditorsnote: Not participating in Proposal distribution but entitled to claim debt and vote as secured creditor; amount not stated. · page: 12 · debtor: 680177 NB Inc. (guaranteed/secured by Marathon) · creditor: CBDC Westmoreland Albert Inc. · currency: CAD · security: Secured creditor of Marathon by guarantee/security in respect of debts of 680177 NB Inc.
unsecured creditorsnote: Document states 'There are no known preferred creditors.' Preferred class (Class 1) provided for in Proposal but none identified. · page: 12 · as of: NOI filing date · basis: Proposal, Paragraph 6 · debtor: Marathon Fluid Systems Ltd · creditor: Preferred creditors (BIA s.136) · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 6212 · debtor: Marathon Fluid Systems Ltd · creditor: Ampco Pumps · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 658 · debtor: Marathon Fluid Systems Ltd · creditor: APEGNB · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 346 · debtor: Marathon Fluid Systems Ltd · creditor: APM Limited · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 72 · debtor: Marathon Fluid Systems Ltd · creditor: Armour Transportation Systems · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 238 · debtor: Marathon Fluid Systems Ltd · creditor: Armstrong's Communication Ltd · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 12515 · debtor: Marathon Fluid Systems Ltd · creditor: A-T Controls Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 215 · debtor: Marathon Fluid Systems Ltd · creditor: Aztech Lab Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 215 · debtor: Marathon Fluid Systems Ltd · creditor: BFAL HVAC Equipment Sales · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4348 · debtor: Marathon Fluid Systems Ltd · creditor: Blue-White Industries · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 80 · debtor: Marathon Fluid Systems Ltd · creditor: Brunswick Fire and Safety & Ltd. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4253 · debtor: Marathon Fluid Systems Ltd · creditor: C&B Industrial Supplies Ltd. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 316 · debtor: Marathon Fluid Systems Ltd · creditor: Canadian Linen and Uniform · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 97 · debtor: Marathon Fluid Systems Ltd · creditor: Carter's Sports Crating Limited · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 235 · debtor: Marathon Fluid Systems Ltd · creditor: Central Spa and Pool Supply · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 79 · debtor: Marathon Fluid Systems Ltd · creditor: Certified Lock and Alarm · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1869 · debtor: Marathon Fluid Systems Ltd · creditor: Construction Association of NB · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 3671 · debtor: Marathon Fluid Systems Ltd · creditor: Cox and Palmer · currency: CAD
unsecured creditorsnote: Listed within unsecured creditor schedule despite CRA also holding a property/deemed trust claim addressed separately in the Proposal (Paragraph 7/9). · page: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1 · debtor: Marathon Fluid Systems Ltd · creditor: CRA - Tax Atlantic - RP · currency: CAD
unsecured creditorsnote: Listed within unsecured creditor schedule despite CRA also holding a property/deemed trust claim addressed separately in the Proposal (Paragraph 7/9). · page: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 112009 · debtor: Marathon Fluid Systems Ltd · creditor: CRA - Tax Atlantic - RT · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1150 · debtor: Marathon Fluid Systems Ltd · creditor: Craig Kelman & Associates · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 111 · debtor: Marathon Fluid Systems Ltd · creditor: Crane Supply · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 665 · debtor: Marathon Fluid Systems Ltd · creditor: CTH Instruments · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 133 · debtor: Marathon Fluid Systems Ltd · creditor: DR Recycling · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4858 · debtor: Marathon Fluid Systems Ltd · creditor: Day & Ross Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 78 · debtor: Marathon Fluid Systems Ltd · creditor: DB Group Consulting Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 350 · debtor: Marathon Fluid Systems Ltd · creditor: Dynamic Rubber Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 982 · debtor: Marathon Fluid Systems Ltd · creditor: Dynapompe · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 50 · debtor: Marathon Fluid Systems Ltd · creditor: East Coast Trophy · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 2310 · debtor: Marathon Fluid Systems Ltd · creditor: Environmental Pumping Stations · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 79 · debtor: Marathon Fluid Systems Ltd · creditor: Emco Corporation · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 3084 · debtor: Marathon Fluid Systems Ltd · creditor: Evolution Hosting Solutions Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 50000 · debtor: Marathon Fluid Systems Ltd · creditor: 679515 NB Ltd. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 13526 · debtor: Marathon Fluid Systems Ltd · creditor: Abba Parts · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 545 · debtor: Marathon Fluid Systems Ltd · creditor: Acme Sectric (Port Hope) Ltd. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 208 · debtor: Marathon Fluid Systems Ltd · creditor: ACO Container Systems, Division of Rokoplast Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 604 · debtor: Marathon Fluid Systems Ltd · creditor: Advocate Media Inc. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 3374 · debtor: Marathon Fluid Systems Ltd · creditor: Atlantic Valve & Fitting Co. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 408 · debtor: Marathon Fluid Systems Ltd · creditor: Air Pump Valve Corp. · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 6212 · debtor: Marathon Fluid Systems Ltd · creditor: All Prime Pumps · currency: CAD
unsecured creditorspage: 16 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 47481 · debtor: Marathon Fluid Systems Ltd · creditor: Allsco · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 89549 · debtor: Marathon Fluid Systems Ltd · creditor: Receiver General · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 34240 · debtor: Marathon Fluid Systems Ltd · creditor: Vena Fittings & Mfg. Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 2046 · debtor: Marathon Fluid Systems Ltd · creditor: Vertiflo Pump Company · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 51371 · debtor: Marathon Fluid Systems Ltd · creditor: Wajax Industrial Components · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 49257 · debtor: Marathon Fluid Systems Ltd · creditor: Wikten · currency: CAD
unsecured creditorsnote: Amount cell not legibly captured in OCR of table. · page: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · debtor: Marathon Fluid Systems Ltd · creditor: Xylem Canada Company (ITT Ind G&U) · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 91 · debtor: Marathon Fluid Systems Ltd · creditor: Fero Waste & Recycling Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 5772 · debtor: Marathon Fluid Systems Ltd · creditor: Festo Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 170 · debtor: Marathon Fluid Systems Ltd · creditor: Francotyp-Postalia Canada Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1073 · debtor: Marathon Fluid Systems Ltd · creditor: Fristam Pumps · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 290 · debtor: Marathon Fluid Systems Ltd · creditor: Fundy Bearings Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1766 · debtor: Marathon Fluid Systems Ltd · creditor: Georges Leger Building Maintenance · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 16919 · debtor: Marathon Fluid Systems Ltd · creditor: Grant Thornton · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1 · debtor: Marathon Fluid Systems Ltd · creditor: Gratec Limited · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 9069 · debtor: Marathon Fluid Systems Ltd · creditor: Griffin Accounting Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1657 · debtor: Marathon Fluid Systems Ltd · creditor: Griswold Pump Company · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 25921 · debtor: Marathon Fluid Systems Ltd · creditor: Iron Pump · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 5650 · debtor: Marathon Fluid Systems Ltd · creditor: Jaguar Crane Canada Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 71 · debtor: Marathon Fluid Systems Ltd · creditor: John Crane Canada Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 619 · debtor: Marathon Fluid Systems Ltd · creditor: Kebechem · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 44140 · debtor: Marathon Fluid Systems Ltd · creditor: Kemtag Enterprises Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 13864 · debtor: Marathon Fluid Systems Ltd · creditor: Livingston International Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 279 · debtor: Marathon Fluid Systems Ltd · creditor: Maritime Fastening Systems Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 30517 · debtor: Marathon Fluid Systems Ltd · creditor: McSheffery Industries Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 20605 · debtor: Marathon Fluid Systems Ltd · creditor: Minister of Finance · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 322 · debtor: Marathon Fluid Systems Ltd · creditor: Mistral · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1058 · debtor: Marathon Fluid Systems Ltd · creditor: Moncton Northeast Construction · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 211 · debtor: Marathon Fluid Systems Ltd · creditor: Moncton Pallet · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 2028 · debtor: Marathon Fluid Systems Ltd · creditor: MTH Pumps · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 847 · debtor: Marathon Fluid Systems Ltd · creditor: Neptune Chemical Pump Company · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 37968 · debtor: Marathon Fluid Systems Ltd · creditor: Netzsch Canada Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1439 · debtor: Marathon Fluid Systems Ltd · creditor: Northeast Equipment Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 18334 · debtor: Marathon Fluid Systems Ltd · creditor: Oakes Enterprises · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 7529 · debtor: Marathon Fluid Systems Ltd · creditor: Omnitech Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 238 · debtor: Marathon Fluid Systems Ltd · creditor: On Target Courier · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4395 · debtor: Marathon Fluid Systems Ltd · creditor: Pentair Canada Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 12042 · debtor: Marathon Fluid Systems Ltd · creditor: Pentair Water Quality · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 107 · debtor: Marathon Fluid Systems Ltd · creditor: Pinnacle Stainless Steel · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 3158 · debtor: Marathon Fluid Systems Ltd · creditor: Pioneer Enterprise Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 8615 · debtor: Marathon Fluid Systems Ltd · creditor: Pompco Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 973 · debtor: Marathon Fluid Systems Ltd · creditor: Prospec Technologies Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 605 · debtor: Marathon Fluid Systems Ltd · creditor: PSG Eurocenter · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 7711 · debtor: Marathon Fluid Systems Ltd · creditor: Purolator Courier · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 834 · debtor: Marathon Fluid Systems Ltd · creditor: RAE Industrial Electronics · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 476 · debtor: Marathon Fluid Systems Ltd · creditor: Rains-no · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 237 · debtor: Marathon Fluid Systems Ltd · creditor: Rexel Atlantic · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1943 · debtor: Marathon Fluid Systems Ltd · creditor: Ric's Equipment and Supplies · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 2095 · debtor: Marathon Fluid Systems Ltd · creditor: Rome Transportation Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 2257 · debtor: Marathon Fluid Systems Ltd · creditor: Rotech Pumps and Systems · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 817 · debtor: Marathon Fluid Systems Ltd · creditor: Saf-T-Flo Water Services · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 920 · debtor: Marathon Fluid Systems Ltd · creditor: Sansom Equipment Limited · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 723 · debtor: Marathon Fluid Systems Ltd · creditor: Solis (Netherlocks) · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 453 · debtor: Marathon Fluid Systems Ltd · creditor: Southampton Computer · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 21101 · debtor: Marathon Fluid Systems Ltd · creditor: Specified Solutions · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 21100 · debtor: Marathon Fluid Systems Ltd · creditor: SPX Flow Europe Limited · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 1 · debtor: Marathon Fluid Systems Ltd · creditor: SPX Flow Technology (Lightnin) · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 681 · debtor: Marathon Fluid Systems Ltd · creditor: SPX FLOW · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 604 · debtor: Marathon Fluid Systems Ltd · creditor: Stellar Industrial Sales Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 67435 · debtor: Marathon Fluid Systems Ltd · creditor: Sterling Power Systems Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 8256 · debtor: Marathon Fluid Systems Ltd · creditor: The Panel Shop · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 149 · debtor: Marathon Fluid Systems Ltd · creditor: The Rideau Group Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 14127 · debtor: Marathon Fluid Systems Ltd · creditor: TRC Hydronics Inc. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4278 · debtor: Marathon Fluid Systems Ltd · creditor: Trident Pump & Filtration Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 4075 · debtor: Marathon Fluid Systems Ltd · creditor: Tsurumi Canada · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 585 · debtor: Marathon Fluid Systems Ltd · creditor: TTL Supply Ltd. · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 513 · debtor: Marathon Fluid Systems Ltd · creditor: Unitrak Corporation Limited · currency: CAD
unsecured creditorspage: 17 · as of: NOI filing date · basis: Estimated Realization Schedule to the Proposal (as reported) · amount: 75 · debtor: Marathon Fluid Systems Ltd · creditor: VJ Pamensky Canada Inc. · currency: CAD
secured creditorsnote: Excepted from TD's first-charge priority agreements as holder of interim financing/DIP charge; amount not stated on these pages. · page: 81 · debtor: Marathon Fluid Systems Limited · creditor: 679515 N.B. Ltd. · currency: CAD · security: Order for Interim Financing dated December 18, 2017 (DIP charge) in favour of 679515 N.B. Ltd.
secured creditorsnote: Balance stated 'totaled $589,167.51 as of December 12, 2017, exclusive of interest, fees and costs yet to be accrued'; also demanded in that amount same date. Later stated 'presently owes in excess of $616,511.70' as of application (2018-06-22 affidavit date, exact as-of not stated) - see separate consideration; personal guarantee also given by Karim Bhibah, President (guarantor). · page: 82 · as of: 2017-12-12 · amount: 589167.51 · debtor: Marathon Fluid Systems Limited · creditor: The Toronto-Dominion Bank (TD) · currency: CAD · security: Collateral Mortgage (May 9, 2015) and General Security Agreement (May 9, 2015); first charge subject to DIP Charge on working capital, equipment and real property
secured creditorsnote: Stated as floor: 'presently owes in excess of $616,511.70 to the Applicant' as of the Notice of Application; amount is a floor per document wording 'in excess of'. · page: 82 · amount: 616511.7 · debtor: Marathon Fluid Systems Limited · creditor: The Toronto-Dominion Bank (TD) · currency: CAD · security: Collateral Mortgage and General Security Agreement, first charge
recovery outcomeentries: basis: plan · quote: These proven claims shall be paid without interest and without penalty within ten months (10) months from the date that this Proposal is ratified by the Court at a rate of one hundred cents (100<) on the dollar of the proven claims, in full and final satisfaction of all amounts owed by the Insolvent to the date of the N01 Filing Date, and payment shall be from the funds which are the subject matter of this Proposal. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: trustee · class label: Class 1 (preferred) creditors · interim final: unstated · cents on dollar: 100 · claims qualifier: unstated · stated on: 2019-08-23 · table missing: