Alberta · Proposal

Report of Trustee on Proposal

Court officer report · 21 February 2023

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 filing1 verified

financial positionnote: As-at stated only as 'as at the date of the Proposal' (proposal filed January 13, 2023). Assets: Cash on hand 25,000.00; Debts Due - Business 50,000.00. Liabilities not totalled: creditor table shows unsecured total of discrepancies 9,842,675.58 (secured and preferred 0.00); separate list of creditors with claims of $250 or more totals 10,058,167.86. The two liability totals differ and neither is a stated statement-of-affairs total, so no total liabilities is reported. · basis: Trustee's opinion in Form 40 of assets and their fair realizable value (Estimated $ and Realizable $ both 75,000.00); minutes describe 'a total book value of approximately $75,000' · scope: BR Capital LP et al. (BR Capital Group, constituent entities filing the proposal) · currency: CAD · total assets: 75000