Saskatchewan · Bankruptcy
Signed Statement of Affairs
Statement of affairs · 7 November 2019
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 filing21 verified
- appointeeMNP Ltd.
- appointee roleReceiver
- financial positionnote: Preferred creditors (List C) and Contingent/Trust claims (List D) both nil; deficiency of $4,279,394.38 reported; total liabilities include unsecured creditors $801,912.30 plus balance of secured claims $3,477,482.08 · page: 1 · as at: 2019-10-28 · basis: Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer (Receiver) · scope: Beckerland Farms Inc. (entity level, bankrupt estate) · currency: CAD · total assets: 2200002 · total liabilities: 6479396.38
- statutory basisSubsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
- unsecured creditorsnote: Total claim $3,477,482.08 shown but unsecured portion is $0.00; balance is secured, see secured_creditors entry · page: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors, unsecured claim portion (balance of claim $3,477,482.08 reported as secured per List B) · amount: 0 · debtor: Beckerland Farms Inc. · creditor: BDC Canada Ltd. · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 231631.38 · debtor: Beckerland Farms Inc. · creditor: Flaman Sales Ltd. (Y) · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 28046.3 · debtor: Beckerland Farms Inc. · creditor: J-Nor Construction Inc. · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 26112.45 · debtor: Beckerland Farms Inc. · creditor: Metro Piling Ltd. · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 1 · debtor: Beckerland Farms Inc. · creditor: Ministry of Finance - Saskatchewan · currency: CAD
- unsecured creditorsnote: Government claim (GST/related) · page: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 23236.66 · debtor: Beckerland Farms Inc. · creditor: Receiver General for Canada (G) · currency: CAD
- unsecured creditorsnote: Government claim (payroll/source deductions related) · page: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 6977.93 · debtor: Beckerland Farms Inc. · creditor: Receiver General for Canada (P) · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 12726.85 · debtor: Beckerland Farms Inc. · creditor: Ritchie Bros. Auctioneers · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 19433.43 · debtor: Beckerland Farms Inc. · creditor: Superior Technologies · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 412025 · debtor: Beckerland Farms Inc. · creditor: Wall Grain · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 2013.43 · debtor: Beckerland Farms Inc. · creditor: RM of Calder No. 241 · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 1672.99 · debtor: Beckerland Farms Inc. · creditor: Rusnak Balacko Kachur Rusnak · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 3298.38 · debtor: Beckerland Farms Inc. · creditor: SaskPower · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 160.88 · debtor: Beckerland Farms Inc. · creditor: SaskTel · currency: CAD
- unsecured creditorspage: 2 · as of: 07-Nov-2019 · basis: List A - Unsecured Creditors as stated and estimated by the officer · amount: 34575.62 · debtor: Beckerland Farms Inc. · creditor: Sill & Son Contracting · currency: CAD
- secured creditorsnote: Balance of claim per List B is $3,477,482.08 (estimated value of security $2,200,002.00 against amount of claim $5,617,016.20); List G confirms same security registrations · page: 3 · as of: 28-Oct-2019 · amount: 5617016.2 · debtor: Beckerland Farms Inc. · creditor: BDC Canada Ltd. · currency: CAD · security: Real Property or Immovable - Building (28-Oct-2019, value $2,000,000.00); Other - Equipment (28-Oct-2019, value $1.00); Motor Vehicles - Other (28-Oct-2019, value $1.00); Real Property or Immovable - Land - Canora - Wroxton (28-Oct-2019, value $139,532.12)
- secured creditorspage: 3 · as of: 28-Oct-2019 · amount: 60467.88 · debtor: Beckerland Farms Inc. · creditor: Town of Canora · currency: CAD · security: Real Property or Immovable - Land - Canora - Wroxton, value $60,467.88