Quebec · NOI
Trustee’s Report Relating to the Affairs of 177841 Canada Inc. Since the Meeting of Creditors Held on March, 24, 2005 dated • September 21, 2005
Court officer report · 21 September 2005
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What we verified from this filing7 verified
- cash on handnote: Funds on hand, end of period, from combined Statement of Receipts and Disbursements for the period ended September 20, 2005. · as at: 2005-09-20 · amount: 53113 · currency: CAD
- disbursementsnote: This total is before remittances to secured lender BMO of $9,313,332. · since: Filing of Notice of Intention (February 4, 2004) through September 20, 2005 · amount: 2360023 · currency: CAD
- operational summaryThe Company's operating assets and those of related entities (de Ball, Asheville, GSTZ) have been sold; the Trustee is now realizing remaining assets such as receivables and tax refunds and dealing with outstanding pre- and post-filing liabilities before making further recommendations to creditors.
- professional feesnote: Also includes legal fees and costs of $367,429; separately, GSTZ sale involved fees to RSM Nelson Wheeler (US$150,000) and Jones Day (US$40,000). · party: Trustee and Interim Receiver (RSM Richter Inc.) · amount: 346992 · period: Period ended September 20, 2005 · currency: CAD
- receipts cumulativesince: Filing of Notice of Intention (February 4, 2004) through September 20, 2005 · amount: 11726468 · currency: CAD
- recovery outcomeentries: basis: plan · quote: Preferred Claims are to be paid in full; and · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: trustee · class label: Preferred Claims · interim final: unstated · claims qualifier: unstated · table missing:
- report date21 September 2005