British Columbia · Proposal

Trustee's Preliminary Report to Creditors

Court officer report · 26 October 2021

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 filing3 verified

financial positionnote: Document states: 'the Company does not have any assets' · page: 1 · basis: Statement of Affairs filed in the bankruptcy · scope: entity - Legendary Developments (South Surrey) Ltd. · currency: CAD · total assets: 0
secured creditorsnote: Company has no assets, so estimated value of security for each of these creditors is $0; debts classified as unsecured on the Statement of Affairs · page: 2 · as of: 2021-07-27 · amount: 0 · debtor: Legendary Developments (South Surrey) Ltd. · creditor: 1075472 B.C. Ltd, AEI Holding Corp., CTJ Investments Inc., and Majoris Investments Ltd. (registered security agreement holders) · currency: CAD · security: Registered security agreements per Personal Property Registry search dated July 27, 2021
unsecured creditorsnote: Document names no individual creditors; also, 7 proofs of claim have been filed with the Trustee totalling approximately $16,186,520 in total creditor claims, with no significant differences noted between claims listed on the Statement of Affairs and claims filed; also includes 1075472 B.C. Ltd, AEI Holding Corp., CTJ Investments Inc., and Majoris Investments Ltd., classified as unsecured due to $0 security value · page: 3 · as of: Statement of Affairs as reported · basis: Statement of Affairs reports total unsecured creditors · amount: 25117016 · debtor: Legendary Developments (South Surrey) Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD