Ontario · Receivership (court-appointed)
First and Final Report of the Receiver dated July 31, 2017
Court officer report · 31 July 2017
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What we verified from this filing2 verified
- secured creditorsnote: Total outstanding liabilities as at May 1, 2014, comprising Facility #1 Revolving Demand Facility ($685,299.17), Facility #2 Revolving Demand Facility ($181,450.35), VISA Business Credit Cards ($10,691.24), and Recovery Fees ($31,718.07). Personal guarantees exist from Rick DiPaolo and Wilma DiPaolo (directors/related parties), each limited to $1,200,000.00 plus interest at 5% per annum from demand, per Guarantee and Postponement of Claim agreements dated September 2, 2009. · page: 41 · as of: 2014-05-01 · amount: 909158.83 · debtor: L'Image Enterprises Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: General Security Agreement dated September 3, 2009 over all assets, undertakings and properties of the Debtor; PPSA registration first in time over all assets
- recovery outcomeentries: basis: actual · quote: The Receiver has paid the Employee Claim to Service Canada. · pct of: unstated · outcome: paid_in_full · class key: weppa · stated by: receiver · amount low: 1378 · amount high: 1378 · class label: Employee Claim (WEPPA) · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | Source Deduction Secured Claim | 3,210.59 | · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 3210.59 · amount high: 3210.59 · class label: Secured Source Deduction Claim · creditor name: CRA · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | HST Secured Claim | 16,604.42 | · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 16604.42 · amount high: 16604.42 · class label: HST Secured Claim · creditor name: CRA · interim final: unstated · claims qualifier: unstated · stated on: 2017-07-31 · table missing: