Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditors dated May 21, 2019
Notice to creditors · 21 May 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 filing13 verified
- appointeeKSV Kofman Inc.
- appointee roletrustee
- commencement date15 May 2019
- provinceONTARIO
- statutory basisSubsection 102(1)
- unsecured creditorsnote: Matches total unsecured creditors reported in Statement of Affairs for Urbancorp (Woodbine) Inc., Bridlepath Inc., Deaja Partner (Bay) Inc., and TCC/Urbancorp (Bay) Limited Partnership · page: 2 · as of: 2019-05-15 · basis: Preliminary List of Creditors, as at May 15, 2019, as submitted by the debtors · amount: 4862002 · debtor: Urbancorp (Woodbine) Inc. (and related entities per preliminary list) · creditor: Urbancorp Inc. c/o Dentons LLP · currency: CAD
- unsecured creditorsnote: Amount of $350.00 reflects that balance due, if any, is undetermined or unknown per note 1 · page: 2 · as of: 2019-05-15 · basis: Preliminary List of Creditors, as at May 15, 2019, as submitted by the debtors · amount: 350 · debtor: Urbancorp (Woodbine) Inc. (and related entities per preliminary list) · creditor: Ministry of Finance (Insolvency Unit) · currency: CAD
- unsecured creditorsnote: Amount of $350.00 reflects that balance due, if any, is undetermined or unknown per note 1 · page: 2 · as of: 2019-05-15 · basis: Preliminary List of Creditors, as at May 15, 2019, as submitted by the debtors · amount: 350 · debtor: Urbancorp (Woodbine) Inc. (and related entities per preliminary list) · creditor: Canada Revenue Agency · currency: CAD
- financial positionnote: Each entity's Statement of Affairs states secured creditors as $0.00; individual entity totals: Urbancorp (Woodbine) Inc. - total assets $24,305.10, total liabilities $4,862,002.00, deficiency $4,837,696.90 (as at 2019-05-13, page 3); Urbancorp (Bridlepath) Inc. - total assets $188,658.67, total liabilities $4,862,002.00, deficiency $4,673,343.33 (as at 2019-05-13, page 4); The Townhouses of Hogg's Hollow Inc. - total assets $0.00, total liabilities $1,050.00, deficiency $1,050.00 (as at 2019-05-13, page 5); King Towns Inc. - total assets $0.00, total liabilities $1,050.00, deficiency $1,050.00 (as at 2019-05-13, page 6); Newtowns at King Towns Inc. - total assets $0.00, total liabilities $1,050.00, deficiency $1,050.00 (as at 2019-05-13, page 7); Deaja Partner (Bay) Inc. - total assets $0.00, total liabilities $4,862,002.00, deficiency $4,862,002.00 (as at 2019-05-13, page 8); TCC/Urbancorp (Bay) Limited Partnership - total assets $0.00, total liabilities $4,862,002.00, deficiency $4,862,002.00 (as at 2019-04-30, page 9) · page: 3 · basis: Statements of Affairs (Form 78), as stated and estimated by the officer · scope: Multiple separate bankrupt entities: Urbancorp (Woodbine) Inc., Urbancorp (Bridlepath) Inc., The Townhouses of Hogg's Hollow Inc., King Towns Inc., Newtowns at King Towns Inc., Deaja Partner (Bay) Inc., TCC/Urbancorp (Bay) Limited Partnership - each entity reported individually, not consolidated · currency: CAD
- unsecured creditorsnote: Document names no individual creditors for this entity's Statement of Affairs total · page: 5 · as of: 2019-05-13 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer · amount: 1050 · debtor: The Townhouses of Hogg's Hollow Inc. · creditor: Unsecured creditors (aggregate as reported) - The Townhouses of Hogg's Hollow Inc. · currency: CAD
- unsecured creditorsnote: Document names no individual creditors for this entity's Statement of Affairs total · page: 6 · as of: 2019-05-13 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer · amount: 1050 · debtor: King Towns Inc. · creditor: Unsecured creditors (aggregate as reported) - King Towns Inc. · currency: CAD
- unsecured creditorsnote: Document names no individual creditors for this entity's Statement of Affairs total · page: 7 · as of: 2019-05-13 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer · amount: 1050 · debtor: Newtowns at King Towns Inc. · creditor: Unsecured creditors (aggregate as reported) - Newtowns at King Towns Inc. · currency: CAD
- secured creditors