Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
Notice to creditors · 5 June 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing27 verified
- appointeeGoldhar & Associates Ltd.
- appointee roletrustee
- commencement date29 May 2020
- court file no31-2648658
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total unsecured creditors $1,259,351.19 (comprising $784,162.65 unsecured claims per List A plus $475,188.54 balance of secured claims per List B); secured creditors per List B $20,003.00; preferred creditors nil; contingent liabilities nil; deficiency stated as $1,259,351.19 · page: 3 · as at: 2020-05-29 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer, sworn/declared by Eli Staiman · scope: Single entity - 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · currency: CAD · total assets: 20003 · total liabilities: 1279354.19
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: UCM Market Inc. (Attn: jbell@oxfordproperties.com) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4753.67 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: World Centric · currency: USD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 408000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Amalgam Eleven Limited · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 50000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Amplifier Foods Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 36636.98 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Jump Building & Design Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 30000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Kate Camenzuli · currency: CAD
- unsecured creditorsnote: Balance of claim portion; also listed as secured creditor on List B for same amount · page: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 86691.54 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Merchant Group Inc. · currency: CAD
- unsecured creditorsnote: Related party (US parent/affiliate entity) · page: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: MidiCi Group LLC · currency: USD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Ministry of Labour (Attn: Tina Kapoor) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Ministry of Labour (Employment Practices Branch, Trust Fund Services Unit) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 50000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: MRILAC · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Oxford Properties Group (Attn: Jamie Bell, re leased locations MidiCi Newna) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4766 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: RBC Royal Bank Visa c/o BankruptcyHighway.com (Attn: Razel Bowen) · currency: CAD
- unsecured creditorsnote: Balance of claim portion; also listed as secured creditor on List B · page: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 133497 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Royal Bank of Canada (Re CSMFL Balance) · currency: CAD
- unsecured creditorsnote: Balance of claim portion; also listed as secured creditor on List B · page: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 255000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Royal Bank of Canada (Re Lease Balance) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: SQ1 Food Hall Limited Partnership (Attn: Jamie Bell, re Lease End Value) · currency: CAD
- unsecured creditorspage: 4 · as of: 2020-05-29 · basis: Statement of Affairs (Form 78), List A - Unsecured Creditors, as stated and estimated by the officer · amount: 200000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Stuart Wanlin · currency: CAD
- secured creditorsnote: Balance of claim per List B · page: 5 · as of: 2020-05-29 · amount: 86691.54 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Merchant Group Inc. · currency: CAD · security: Business Assets - Trade Fixtures - Restaurant equipment, furniture and tenant improvements; security given 01-Oct-2019; estimated value of security $0.00
- secured creditorsnote: Amount of claim stated as $275,000.00; balance of claim $255,000.00 used as amount · page: 5 · as of: 2020-05-29 · amount: 255000 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Royal Bank of Canada (Re Lease Balance) · currency: CAD · security: Business Assets - Trade Fixtures - Restaurant equipment, furniture and tenant improvements; security given 16-Dec-2016; estimated value of security $20,000.00
- secured creditorsnote: Amount of claim stated as $133,500.00; balance of claim $133,497.00 used as amount · page: 5 · as of: 2020-05-29 · amount: 133497 · debtor: 2551999 Ontario Inc. o/a MidiCi Canada Franchising Limited · creditor: Royal Bank of Canada (Re CSMFL Balance) · currency: CAD · security: Debts Due - Business - UCM Market Inc. ($1.00); Debts Due - Business - Midici Canada Operating Limited ($1.00); Debts Due - Business - MidiCi Group LLC ($1.00); Business Assets - Trade Fixtures - Restaurant equipment, furniture and tenant improvements ($0.00 est. value); security given 16-Dec-2016