Ontario · Proposal
Trustee's report to court
Court officer report · 20 August 2013
A plain-language read of this filing opens with a subscription.
What we verified from this filing9 verified · 3 withheld
- court file no31-1781563
- provinceONTARIO
- financial positionnote: Trustee states the Debtor owns no realizable assets (total assets nil); liabilities per statement of affairs: Secured $Nil, Preferred $Nil, Unsecured $600,608, Contingent $Nil; admitted to date: Secured $Nil, Preferred $Nil, Unsecured $922,220, Contingent $Nil · page: 4 · basis: Condensed statement of assets and liabilities (Trustee's opinion) · scope: Morden Construction Inc. (entity level) · currency: CAD · total assets: 0
- unsecured creditorsnote: Higher than statement of affairs figure of $600,608; represents claims admitted as of Report date · page: 4 · as of: 2013-10-16 · basis: Admitted to date, as reported in Trustee's Report to Court · amount: 922220 · debtor: Morden Construction Inc. · creditor: Unsecured creditors (aggregate admitted to date) · currency: CAD
- unsecured creditorsnote: Amount admitted to date differs and is reported at $922,220; document names individual creditors (CRA) separately in Creditor Mailing List but this total is the statement-of-affairs aggregate figure · page: 4 · as of: Statement of Affairs · basis: Per statement of affairs, as reported in Trustee's Report to Court · amount: 600608 · debtor: Morden Construction Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: RT0001 account; separate CRA registration from RC0001 entry · page: 18 · as of: 2013-08-28 · basis: Creditor Mailing List prepared by Trustee · amount: 419310.04 · debtor: Morden Construction Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: RC0001 account; CRA also stated as sole creditor in estate at time of adjournment request · page: 18 · as of: 2013-08-28 · basis: Creditor Mailing List prepared by Trustee · amount: 181298.52 · debtor: Morden Construction Inc. · creditor: Canada Revenue Agency · currency: CAD
- recovery outcomeentries: basis: plan · quote: The Claims of Preferred Creditors, without interest, will be paid in full in Priority to the Claims ofUnsecured Creditors. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Estimated distribution to unsecured creditors | 18.31% | 0% | · pct of: unstated · outcome: distribution · pct low: 18.31 · pct high: 18.31 · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · claims amount: 600609 · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: In the event of bankruptcy, unsecured creditors would likely receive nothing. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing:
- secured creditors
3 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.