Newfoundland and Labrador · Bankruptcy
Bankruptcy Application
Application / notice of application · 31 March 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 filing12 verified
- applicantRecipe Unlimited Corporation
- courtIN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR IN BANKRUPTCY AND INSOLVENCY
- court file no2021 016-2479
- secured creditorsnote: Excludes interest and unpaid professional fees; collective value of security estimated at $27,210.00 per Aug 10, 2020 appraisal (Fitzpatrick's Auctioneers) · page: 1 · as of: 2021-03-17 · amount: 257797.82 · debtor: DH Group Inc. · creditor: Recipe Unlimited Corporation · currency: CAD · security: General Security Agreement over all present and after-acquired personal property, registered PPSA NL July 27, 2011, Registration No. 9267063
- statutory basissection 43(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c B-3, as amended
- appointeeDeloitte Restructuring Inc.
- appointee roletrustee
- unsecured creditorspage: 2 · basis: Judgment creditor as reported in bankruptcy application · amount: 47391.24 · debtor: DH Group Inc. · creditor: Business Development Bank of Commerce (Judgment Creditor) · currency: CAD
- unsecured creditorspage: 2 · basis: Judgment creditor as reported in bankruptcy application · amount: 154337.6 · debtor: DH Group Inc. · creditor: CRA (Judgment Creditor) · currency: CAD
- commencement date31 March 2021
- provinceNewfoundland and Labrador
- secured creditorsnote: Plus legal costs and interest; demand letter dated July 31, 2020 stated $864,759.46 as of July 21, 2020 (prose/demand figure); Statement of Claim states $869,672.50 as of Aug 31, 2020 (exact dated balance used as amount); guaranteed by David Winston Anthony (guarantee up to $1,000,000) and Dianne Anthony (unlimited guarantee) as personal guarantors/related individuals · page: 19 · as of: 2020-08-31 · amount: 869672.5 · debtor: DH Group Inc. o/a Montana's Cookhouse · creditor: Canadian Imperial Bank of Commerce · currency: CAD · security: General security interest over all present and after-acquired personal property (PPSA financing statement registered March 16, 2012); collateral realty mortgage dated March 14, 2012, registered March 15, 2012; Facility A $100,000 revolving line of credit, Facility B $916,000 term facility, Facility C $216,000 term facility, Facility D $50,000 Corporate Classic Visa (facility limits, not balances)