Ontario · NOI
Notice of Final Dividend and Application for Discharge of Trustee - Pareto Holdings Inc. - 10/31/2022
Notice to creditors · 28 October 2022
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What we verified from this filing6 verified
- commencement date28 October 2022
- court file no31-457513
- secured creditorsnote: Levy of $11,852.46 deducted, net dividend paid $452,375.27; government wage program subrogation. · page: 3 · as of: Dividend Sheet and Levy (Final Statement of Receipts and Disbursements, Updated) · amount: 464227.73 · debtor: Pareto Corporation and Pareto Holdings Ltd. · creditor: WEPP (Wage Earner Protection Program - subrogated claim) · currency: CAD · security: Secured claim per dividend sheet (WEPP subrogated wage claim)
- secured creditorsnote: Document caption states 'Super priority claims paid to Industry Canada and employees'; trustee note states employees were mistakenly overpaid the levy by $602.84 in aggregate, to be deducted from trustee's professional fees. · page: 3 · as of: Dividend Sheet and Levy (Final Statement of Receipts and Disbursements, Updated) · amount: 23356.57 · debtor: Pareto Corporation and Pareto Holdings Ltd. · creditor: Employees - super priority wage claims (BIA) · currency: CAD · security: Super priority claim for wages/vacation pay, itemised by individual employee on the dividend sheet (approx. 50 individual names, wages $12,466.13 and vacation $10,890.44)
- secured creditorsnote: Levy of $218.29 deducted, net dividend paid $8,331.71. · page: 5 · as of: Dividend Sheet and Levy (Final Statement of Receipts and Disbursements, Updated) · amount: 8550 · debtor: Pareto Corporation and Pareto Holdings Ltd. · creditor: Roynat Lease Finance · currency: CAD · security: Secured claim per dividend sheet
- secured creditorsnote: Levy of $51,074.35 deducted, net dividend paid $1,949,365.08. Trustee's cover note states BMO is 'the only secured creditor that remains in a shortfall position' notwithstanding this distribution. · page: 5 · as of: Dividend Sheet and Levy (Final Statement of Receipts and Disbursements, Updated) · amount: 2000439.43 · debtor: Pareto Corporation and Pareto Holdings Ltd. · creditor: Bank of Montreal · currency: CAD · security: Secured claim; sub-total of four separate line items ($710,000.00; $150,000.00; $500,000.00; $640,439.43) per dividend sheet