Ontario · Bankruptcy
Preliminary Report of the Trustee
Court officer report · 18 November 2022
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What we verified from this filing11 verified
- appointeemsi Spergel inc.
- appointee roletrustee in bankruptcy
- commencement date18 November 2022
- court file no31-2885827
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Secured and preferred claims per Statement of Affairs and per claims filed as at December 2, 2022 were both $0. Sole asset stated was a $66,585.23 Costa Cruises refund received via CIBC, described as at the date of filing (November 18, 2022); liabilities figure is per Statement of Affairs dated November 17, 2022. · page: 2 · as at: 2022-11-17 · basis: Statement of Affairs as reported; books and records not reviewed or audited by the Trustee, who expresses no opinion on validity, exactness or reliability · scope: Single entity - Womens Entrepreneurs in Advanced Technology (WEATECH) Inc. · currency: CAD · total assets: 66585.23 · total liabilities: 268344.94
- unsecured creditorsnote: Document names no individual creditors; aggregate only. Proofs of claim filed as at December 2, 2022 totalled $129,191.35 (a lesser, unadjudicated figure). · page: 2 · as of: 2022-11-17 · basis: Statement of Affairs as at November 17, 2022, as reported (unaudited, unreviewed by Trustee) · amount: 268344.94 · debtor: Womens Entrepreneurs in Advanced Technology (WEATECH) Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Based on the Trustee's initial review of the realization value of the Company's assets, it is likely that there will be a distribution to unsecured creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-12-02 · table missing:
- secured creditors