Quebec · Bankruptcy
Notice of Bankruptcy, First Meeting of Creditors and Impending Automatic Discharge of Bankrupt
Notice to creditors · 3 May 2022
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What we verified from this filing29 verified
- appointeePricewaterhouseCoopers Inc.
- appointee rolesubstituted trustee
- commencement date26 April 2022
- courtSUPERIOR COURT
- court file no500-11-060704-224
- proceeding typebia_bankruptcy
- provinceQUEBEC
- statutory basisSubsection 102(1) - Paragraph 168.1(4) and section 168.2 of the Act
- statutory basisSubsection 102(1) - Paragraph 168.1(4) and section 168.2 of the Act
- secured creditorsnote: Statement of Affairs lists this creditor's debt as $1,000,000.00 in the 'unsecured' column with LTC code 1 (real property mortgage/hypothec), described as 'represents value of hypothec'; also listed as ranked (2nd) pledged asset holder on the same property. Secured column shown as $0.00 in the liabilities table. · page: 5 · as of: 2022-04-26 · amount: 1166500 · debtor: David (Dan) Nessim Ifergan · creditor: 8953937 Canada Corp. · currency: CAD · security: Hypothec on 1/2 interest of 6852 Edison Road, Côte-Saint-Luc (rank 2); listed liability amount of $1,000,000.00 represents value of hypothec (unsecured column) with secured column $0.00
- unsecured creditorspage: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 350000 · debtor: David (Dan) Nessim Ifergan · creditor: Caisse Desjardins de Rosemont-La Petite Patrie (US Line of credit) · currency: CAD
- unsecured creditorsnote: LTC code 1 (real property mortgage), listed with nominal $1.00 unsecured balance · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 1 · debtor: David (Dan) Nessim Ifergan · creditor: CIBC Mortgages Bankruptcies · currency: CAD
- unsecured creditorsnote: Payroll source deductions (DAS); deemed trust class - CRA · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 9100.33 · debtor: David (Dan) Nessim Ifergan · creditor: Agence du revenu du Canada (DAS) · currency: CAD
- unsecured creditorsnote: Income tax; deemed trust class - CRA · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 14109.23 · debtor: David (Dan) Nessim Ifergan · creditor: Agence du revenu du Canada (Impôt) · currency: CAD
- unsecured creditorsnote: Payroll source deductions; deemed trust class - Revenu Québec · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 12997.8 · debtor: David (Dan) Nessim Ifergan · creditor: Agence du revenu du Quebec (DAS) · currency: CAD
- unsecured creditorsnote: Income tax; deemed trust class - Revenu Québec · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 1 · debtor: David (Dan) Nessim Ifergan · creditor: Agence du revenu du Quebec (Impôt) · currency: CAD
- unsecured creditorsnote: Personal guarantee liability arising from Coast to Caast Sunglasses Inc. line of credit; Statement of Affairs paragraph 14 states bankrupt is personally liable for approx. $3.5M to Desjardins · page: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 3550000 · debtor: David (Dan) Nessim Ifergan · creditor: Caisse Desjardins de Rosemont-La Petite Patrie (CDL Line of Credit) · currency: CAD
- unsecured creditorspage: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 251894 · debtor: David (Dan) Nessim Ifergan · creditor: Caisse Desjardins de Rosemont-La Petite Patrie (EDC Covid Relief Program) · currency: CAD
- unsecured creditorspage: 5 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 60000 · debtor: David (Dan) Nessim Ifergan · creditor: Caisse Desjardins de Rosemont-La Petite Patrie (Centre de perception) · currency: CAD
- financial positionnote: Estimated net realizable value of assets was $1,001.00 after secured amounts/liens of $1,166,500.00 were deducted from the $1,167,501.00 total estimated dollar value. Liabilities total of $9,615,020.57 comprises Unsecured $8,448,520.57, Secured $1,166,500.00, and Preferred $0.00 per the Form 79 totals table. · page: 6 · as at: 2022-04-26 · basis: Statement of Affairs (Form 79) - as sworn by bankrupt, estimated dollar values · scope: Individual bankrupt (David (Dan) Nessim Ifergan) - personal estate · currency: CAD · total assets: 1167501 · total liabilities: 9615020.57
- secured creditorsnote: Statement of Affairs shows $33,500.00 unsecured and $1,166,500.00 secured (LTC code 1); ranked 1st (highest priority) pledged asset holder on the property, which the Statement of Affairs values the 1/2 interest at $1,166,500.00 fully secured. · page: 6 · as of: 2022-04-26 · amount: 1166500 · debtor: David (Dan) Nessim Ifergan · creditor: Groupe Financier Chok Inc. · currency: CAD · security: Hypothec (rank 1, first-ranking) on 1/2 interest of 6852 Edison Road, Côte-Saint-Luc
- secured creditorsnote: Listed in 'unsecured' column of Statement of Affairs as $2,600,000.00 described as 'represents value of hypothec' (LTC code 1); also listed as ranked (3rd) pledged asset holder on same property. Secured column shown as $0.00. · page: 6 · as of: 2022-04-26 · amount: 2600000 · debtor: David (Dan) Nessim Ifergan · creditor: ENE Limited · currency: CAD · security: Hypothec (rank 3) on 1/2 interest of 6852 Edison Road, Côte-Saint-Luc
- unsecured creditorsnote: Account No. listed as 'US'; likely US-dollar denominated trade claim · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 134855.76 · debtor: David (Dan) Nessim Ifergan · creditor: Marcolin U.S.A. Eyewear Corp. · currency: USD
- unsecured creditorsnote: Finance company loan (LTC code 3) · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 250000 · debtor: David (Dan) Nessim Ifergan · creditor: Investissement Québec · currency: CAD
- unsecured creditorsnote: Credit card (bank/trust company issuer) · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 146807.34 · debtor: David (Dan) Nessim Ifergan · creditor: Visa Desjardins · currency: CAD
- unsecured creditorsnote: Also listed as a pledged-asset (secured) creditor; see secured_creditors entry. Unsecured column figure recorded here reflects the Statement of Affairs table's unsecured-column entry for this creditor · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 2600000 · debtor: David (Dan) Nessim Ifergan · creditor: ENE Limited · currency: CAD
- unsecured creditorsnote: Credit card (bank issuer) · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 35253.11 · debtor: David (Dan) Nessim Ifergan · creditor: CIBC VISA Bankruptcies · currency: CAD
- unsecured creditorsnote: Unsecured-column portion only; balance of $1,166,500.00 recorded as secured (see secured_creditors) · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 33500 · debtor: David (Dan) Nessim Ifergan · creditor: Groupe Financier Chok Inc. · currency: CAD
- unsecured creditorsnote: Nominal $1.00 claim listed · page: 6 · as of: 2022-04-26 · basis: Statement of Affairs as reported · amount: 1 · debtor: David (Dan) Nessim Ifergan · creditor: Safilo Canada Inc. · currency: CAD