Ontario · Bankruptcy

Notice to Creditors

Notice to creditors · 3 July 2020

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appointeeAlan Page
appointee roletrustee
commencement date3 July 2020
court file no31-2655720
proceeding typebia_bankruptcy
provinceOntario
statutory basisSubsection 102(1) of the Act
financial positionnote: Stated deficiency of $651,155.11. Preferred creditors (List C) and contingent/other liabilities (List D) both reported as $0.00. · page: 2 · as at: 2020-07-03 · basis: as stated and estimated by the officer (Statement of Affairs, Form 78) · scope: entity - TOYS, TOYS, TOYS.INC. · currency: CAD · total assets: 852000 · total liabilities: 1503155.11
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 750 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Gateway Freight Systems Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 1591.12 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Grosnor Distribution Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 147674.63 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Hasbro Canada Corporation · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 500 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Bell Canada F-88 - Business · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 62.15 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Corlite Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 3661.2 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Crayola Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 197.75 · debtor: TOYS, TOYS, TOYS.INC. · creditor: D & C Sales and Services Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 346.37 · debtor: TOYS, TOYS, TOYS.INC. · creditor: DHL Supply Chain · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 221.08 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Enbridge Gas Distribution - Ontario · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 4100.01 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Fleece Factory Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 3683.66 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Heart Industries Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 14690 · debtor: TOYS, TOYS, TOYS.INC. · creditor: HSM LLP · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 8749.48 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Jouets JRC Toys · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 1445.61 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Kalyn Imports Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 1318.03 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Kroeger Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 34125.32 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Lego Canada Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 25000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Melissa and Doug · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 2861.7 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Merchant Applications Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 158841.3 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Ontrea Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 5214.95 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Parkdale Novelty Co. Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 6249.5 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Turkey Hill · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 13700.56 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Ty Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 18834.5 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Royal Specialty Sales · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 1418.94 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Stone Age · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 5254.33 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Stuffed Animal House · currency: CAD
unsecured creditorsnote: Landlord claim · page: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 61342.17 · debtor: TOYS, TOYS, TOYS.INC. · creditor: The Cadillac Fairview Corporation Limited (Fairview Mall) · currency: CAD
unsecured creditorsnote: Landlord claim · page: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 57079.2 · debtor: TOYS, TOYS, TOYS.INC. · creditor: The Cadillac Fairview Corporation Limited (20 Queen St W) · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 3532.43 · debtor: TOYS, TOYS, TOYS.INC. · creditor: The Postcard Factory · currency: CAD
unsecured creditorsnote: Related party (name closely matches debtor - likely affiliate/parent); this is the balance of claim/deficiency arising from this creditor's secured claim (see List B secured creditors), not a separately incurred unsecured claim · page: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 40000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toys, Toys, Toys Investco Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 864.84 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Trends International · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 72.89 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Trillium Custom Brokers · currency: CAD
unsecured creditorspage: 4 · as of: 2020-07-03 · basis: Statement of Affairs, List A - Unsecured Creditors as stated by the officer · amount: 27771.39 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Playwell Enterprises Ltd. · currency: CAD
secured creditorspage: 5 · as of: 2020-07-03 · amount: 35000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Honda Canada Finance Inc · currency: CAD · security: Motor Vehicle - Automobile - 2017 Acura RDX (estimated value of security $35,000.00)
secured creditorspage: 5 · as of: 2020-07-03 · amount: 20000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Fairstone Financial Inc. (formerly CitiFinancial Canada Inc.) · currency: CAD · security: Motor Vehicle - Automobile - 2016 Isuzu NPR (estimated value of security $20,000.00)
secured creditorsnote: Related party - creditor name closely matches debtor name (likely affiliate/parent); deficiency of $40,000.00 also reported as an unsecured claim (see List A) · page: 5 · as of: 2020-07-03 · amount: 600000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toys, Toys, Toys Investco Inc. · currency: CAD · security: Business Assets - Stock in Trade (estimated value $550,000.00) and Business Assets - Trade Fixtures (estimated value $10,000.00); combined security value $560,000.00 leaving a balance of claim (deficiency) of $40,000.00
secured creditorspage: 5 · as of: 2020-07-03 · amount: 18000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toyota Credit Canada Incorporated · currency: CAD · security: Motor Vehicle - Automobile - 2017 Toyota Prius (estimated value of security $18,000.00)
secured creditorsnote: Second of two separate 2019 Toyota 4Runner financings listed · page: 5 · as of: 2020-07-03 · amount: 42000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toyota Credit Canada Incorporated · currency: CAD · security: Motor Vehicle - Automobile - 2019 Toyota 4Runner (estimated value of security $42,000.00)
secured creditorsnote: One of two separate 2019 Toyota 4Runner financings listed · page: 5 · as of: 2020-07-03 · amount: 42000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toyota Credit Canada Incorporated · currency: CAD · security: Motor Vehicle - Automobile - 2019 Toyota 4Runner (estimated value of security $42,000.00)
secured creditorspage: 5 · as of: 2020-07-03 · amount: 50000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Toyota Credit Canada Incorporated · currency: CAD · security: Motor Vehicle - Automobile - 2020 Toyota Sienna (estimated value of security $50,000.00)
secured creditorspage: 5 · as of: 2020-07-03 · amount: 40000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Mercedes-Benz Financial Services Canada Corporation · currency: CAD · security: Motor Vehicle - Automobile - 2018 Mercedes Benz 2C1446 (estimated value of security $40,000.00)
secured creditorspage: 5 · as of: 2020-07-03 · amount: 45000 · debtor: TOYS, TOYS, TOYS.INC. · creditor: Honda Canada Finance Inc · currency: CAD · security: Motor Vehicle - Automobile - 2019 Honda Odyssey (estimated value of security $45,000.00)