Alberta · Bankruptcy

Creditor Package

Meeting materials · 18 April 2017

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appointee roletrustee
court file no24-2240593
statutory basissection 49 of the Bankruptcy and Insolvency Act
provinceAlberta
appointeeMNP Ltd.
commencement date13 April 2017
financial positionnote: Total unsecured creditors $344,441.05; secured creditors $211,262.38; preferred creditors $13,560.00; deficiency of $304,263.43 stated on face of Form 78 · page: 5 · as at: 2017-04-13 · basis: as stated and estimated by the officer (Statement of Affairs, Form 78) · scope: entity - First Class Painting (1984) Ltd. · currency: CAD · total assets: 265000 · total liabilities: 569263.43
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 298.2 · debtor: First Class Painting (1984) Ltd. · creditor: Cottage Computers Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 7.17 · debtor: First Class Painting (1984) Ltd. · creditor: Culligan · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 547.29 · debtor: First Class Painting (1984) Ltd. · creditor: Dan Mar Equipment · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 62000 · debtor: First Class Painting (1984) Ltd. · creditor: DHB Holdings Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 9646.02 · debtor: First Class Painting (1984) Ltd. · creditor: Direct Energy Business Services · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 363.04 · debtor: First Class Painting (1984) Ltd. · creditor: Doorwest · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 16135.59 · debtor: First Class Painting (1984) Ltd. · creditor: Endura Mfg. Co. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 457.32 · debtor: First Class Painting (1984) Ltd. · creditor: Green Line Hose & Fittings Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 1 · debtor: First Class Painting (1984) Ltd. · creditor: Howard Pahl LLP · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 317.63 · debtor: First Class Painting (1984) Ltd. · creditor: Jackie Handerek & Forester Barristers · currency: CAD
unsecured creditorsnote: Individual; also appears as preferred creditor for wages on List C ($2,000.00) · page: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 4250 · debtor: First Class Painting (1984) Ltd. · creditor: Laura Michaud · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 1756.38 · debtor: First Class Painting (1984) Ltd. · creditor: Leduc Co-op Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 1314.24 · debtor: First Class Painting (1984) Ltd. · creditor: LPH Plumbing & Heating · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 48.51 · debtor: First Class Painting (1984) Ltd. · creditor: Manus Abrasives · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 630 · debtor: First Class Painting (1984) Ltd. · creditor: Kora-Lee Enterprises LTD · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 72978.28 · debtor: First Class Painting (1984) Ltd. · creditor: 1736799 Alberta Ltd · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 11428.21 · debtor: First Class Painting (1984) Ltd. · creditor: Accurate Crane Services Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 463.5 · debtor: First Class Painting (1984) Ltd. · creditor: ABSA · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 2314.23 · debtor: First Class Painting (1984) Ltd. · creditor: Acklands - Grainger Inc · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 191.1 · debtor: First Class Painting (1984) Ltd. · creditor: Action Express & Hot Shot · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 277.8 · debtor: First Class Painting (1984) Ltd. · creditor: Air Liquide Canada Inc. · currency: CAD
unsecured creditorsnote: Individual; also appears as preferred creditor for wages on List C ($2,000.00) · page: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 480 · debtor: First Class Painting (1984) Ltd. · creditor: Brad Retzlaff · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 18019.58 · debtor: First Class Painting (1984) Ltd. · creditor: Cloverdale Paint Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 291.25 · debtor: First Class Painting (1984) Ltd. · creditor: Kal Tire · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 104.51 · debtor: First Class Painting (1984) Ltd. · creditor: Telus (211254667-4) · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 2850 · debtor: First Class Painting (1984) Ltd. · creditor: Matter Water Service · currency: CAD
unsecured creditorsnote: Individual, possible related party (shared surname with bankrupt Dean Binkowski); also appears as preferred creditor for wages on List C ($2,000.00) · page: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 5000 · debtor: First Class Painting (1984) Ltd. · creditor: Matthew Binkowski · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 787.5 · debtor: First Class Painting (1984) Ltd. · creditor: Merit Contractors Association · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 70283.02 · debtor: First Class Painting (1984) Ltd. · creditor: Nisku Industrial Coatings · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 8481.25 · debtor: First Class Painting (1984) Ltd. · creditor: Nor-Alta Env. Services Ltd. · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 1880.34 · debtor: First Class Painting (1984) Ltd. · creditor: Rolof Plumbing · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 18966.19 · debtor: First Class Painting (1984) Ltd. · creditor: Sil Industrial Minerals Inc. · currency: CAD
unsecured creditorsnote: Individual; also appears as preferred creditor for wages on List C ($2,000.00) · page: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 3600 · debtor: First Class Painting (1984) Ltd. · creditor: Steven Armstrong · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 5213.74 · debtor: First Class Painting (1984) Ltd. · creditor: Strongco Equipment · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 3233.03 · debtor: First Class Painting (1984) Ltd. · creditor: TD Wholesale Lockbox · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 562.33 · debtor: First Class Painting (1984) Ltd. · creditor: Telus (201065933-4) · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 389.89 · debtor: First Class Painting (1984) Ltd. · creditor: Telus Mobility (02977864) · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 3360 · debtor: First Class Painting (1984) Ltd. · creditor: Terra Impact · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 4590.05 · debtor: First Class Painting (1984) Ltd. · creditor: Thermo King Western Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 1540.65 · debtor: First Class Painting (1984) Ltd. · creditor: Walkers Rig Welding Ltd · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 3745.33 · debtor: First Class Painting (1984) Ltd. · creditor: Waste Management · currency: CAD
unsecured creditorspage: 7 · as of: 2017-04-13 · basis: Statement of Affairs List A, as reported · amount: 5636.88 · debtor: First Class Painting (1984) Ltd. · creditor: Weber Fuel Distributors Ltd. · currency: CAD
secured creditorsnote: Related party (individual, same surname as bankrupt Dean Binkowski); nominal $1.00 claim per Statement of Affairs List B; estimated surplus from security of $12,737.62 etc. noted per item; balance of claim not stated (blank) · page: 8 · as of: 2017-04-13 · amount: 1 · debtor: First Class Painting (1984) Ltd. · creditor: Mark Binkowski · currency: CAD · security: Business assets - machinery (Volvo Loader L110E, RE5211, MC708), motor vehicles - F800 diesel with Ingersoll Rand 450 compressor, 7 pumps, 3 Ingersoll Rand air compressors, ton sand silo, blast pots, debts due (business, various)
secured creditorsnote: Total secured claim of $211,262.38 per List B total line; individual line item shown here is $211,261.38; balance of claim $0.00 as fully secured · page: 9 · as of: 2017-04-13 · amount: 211261.38 · debtor: First Class Painting (1984) Ltd. · creditor: Toronto Dominion Bank · currency: CAD · security: Debts due - business (various); business assets - machinery (Volvo Loader RE5211, L110E, MC708); business assets - machinery (5th wheel with 900 compressor, 175 Grimmerschmidt compressor); motor vehicles - F800 diesel with Ingersoll Rand 450; other - 7 pumps, blast pots, ton sand silo; 3 Ingersoll Rand air compressors
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 1200 · debtor: First Class Painting (1984) Ltd. · creditor: Roy Jones · currency: CAD
unsecured creditorsnote: Preferred claim (wages); also appears on List A ($3,600.00) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 2000 · debtor: First Class Painting (1984) Ltd. · creditor: Steven Armstrong · currency: CAD
unsecured creditorsnote: Preferred claim (wages); also appears as unsecured trade creditor on List A ($4,250.00) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 2000 · debtor: First Class Painting (1984) Ltd. · creditor: Laura Michaud · currency: CAD
unsecured creditorsnote: Preferred claim (wages); possible related party (shared surname with bankrupt Dean Binkowski); also appears on List A ($5,000.00) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 2000 · debtor: First Class Painting (1984) Ltd. · creditor: Matthew Binkowski · currency: CAD
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 1320 · debtor: First Class Painting (1984) Ltd. · creditor: Gerald Masters · currency: CAD
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 720 · debtor: First Class Painting (1984) Ltd. · creditor: Garion Tunski · currency: CAD
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 2000 · debtor: First Class Painting (1984) Ltd. · creditor: Brad Retzlaff · currency: CAD
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 1120 · debtor: First Class Painting (1984) Ltd. · creditor: Jason Minty · currency: CAD
unsecured creditorsnote: Preferred claim (wages) · page: 10 · as of: 2017-04-13 · basis: Statement of Affairs List C, preferred creditors for wages, as reported · amount: 1200 · debtor: First Class Painting (1984) Ltd. · creditor: Melissa Mogenson · currency: CAD