Newfoundland and Labrador · Bankruptcy
Trustee's Report on its Preliminary Administration
Court officer report · 25 November 2016
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 filing8 verified
- commencement date6 November 2016
- courtDISTRICT OF NEWFOUNDLAND AND LABRADOR
- court file no20523
- secured creditorsnote: Listed as estimated claim in Section F Secured claims · page: 3 · as of: Statement of Affairs · amount: 93000 · debtor: Contour Atlantic Corp. · creditor: Banque of Montreal · currency: CAD · security: General security agreement on all assets
- unsecured creditorsnote: Document names no individual unsecured creditors; amount received to date per proofs filed was $4,196,620, including a contingent claim by BDC of $3,892,019 · page: 3 · as of: Statement of Affairs · basis: As per the Statement of Affairs · amount: 1531369 · debtor: Contour Atlantic Corp. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- appointeeMNP Ltd.
- appointee roleTrustee
- recovery outcomeentries: basis: estimated · quote: Due to the uncertainty of realizing on the Company's assets, the Trustee does not anticipate any dividend will be paid to the creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2016-11-25 · table missing: