Ontario · Receivership (court-appointed)
Lanwest Notice of Bankruptcy and POC
Notice to creditors · 21 July 2016
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing16 verified
- financial positionnote: Total unsecured creditors per list 'A' $43,770.20 plus balance of secured claims per list 'B' $1,959,110.91 = total unsecured creditors $2,002,882.11 as stated in the Statement of Affairs; secured creditors per list 'B' $10,179,655.01; preferred creditors per list 'C' $0.00; contingent/trust claims per list 'D' $0.00; deficiency of $2,002,882.11 reported (surplus: NIL) · page: 2 · as at: 2016-07-20 · basis: Statement of Affairs as stated and estimated by the officer · scope: Lanwest Mfg. Technologies Inc. (entity level) · currency: CAD · total assets: 10179655.01 · total liabilities: 12182537.12
- secured creditorsnote: Listed as secured creditor in Statement of Affairs (list 'B') and Creditor Mailing List; amount matches total secured claims and total assets figure in Statement of Affairs · page: 2 · as of: 2016-07-20 · amount: 10179655.01 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Grand River Enterprises Six Nations · currency: CAD
- secured creditorsnote: Listed as secured creditor in Creditor Mailing List with no claim amount shown · page: 3 · as of: 2016-07-21 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorspage: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 20386.78 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Grand River Insurance Brokers · currency: CAD
- unsecured creditorspage: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 162.45 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Haldimand County Hydro Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 137 · debtor: Lanwest Mfg. Technologies Inc. · creditor: McTear Water Haulage · currency: CAD
- unsecured creditorsnote: Also listed as secured creditor with no amount shown; this is a separate unsecured claim of nominal amount · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 1 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorspage: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 18.63 · debtor: Lanwest Mfg. Technologies Inc. · creditor: ThinkTel Communications · currency: CAD
- unsecured creditorspage: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 23065.34 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Workplace Safety and Insurance Board · currency: CAD
- unsecured creditorsnote: Also a secured creditor for a separate balance; this is the unsecured portion per list · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · amount: 1959110.91 · debtor: Lanwest Mfg. Technologies Inc. · creditor: Grand River Enterprises Six Nations · currency: CAD
- unsecured creditorsnote: No amount shown in list · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: Haudenosaunee Management Services · currency: CAD
- unsecured creditorsnote: Listed both as director and as unsecured creditor with no amount shown; related party · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: John Landry · currency: CAD
- unsecured creditorsnote: No amount shown in list · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: Minister of Finance · currency: CAD
- unsecured creditorsnote: No amount shown in list; potential deemed trust class claim · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: Minister of Revenue Quebec · currency: CAD
- unsecured creditorsnote: Listed three times with no amounts shown; potential deemed trust class claim · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: Receiver General for Canada · currency: CAD
- unsecured creditorsnote: No amount shown in list; potential deemed trust class claim · page: 3 · as of: 2016-07-21 · basis: Creditor Mailing List · debtor: Lanwest Mfg. Technologies Inc. · creditor: Canada Revenue Agency · currency: CAD