Ontario · Receivership (court-appointed)
Trustee Preliminary Report.pdf
Court officer report · 28 July 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing3 verified
- financial positionnote: Trustee states 'There are no assets available to the bankruptcy estate. There will be no distribution to creditors.' All prior assets were sold through the court-appointed receivership process (Class I, II, III assets: none). A $50,000 transfer from the receivership was approved to cover bankruptcy administration costs. · page: 4 · basis: Trustee's Preliminary Report to Creditors statement · scope: RTK WP Canada, ULC bankruptcy estate only · currency: CAD · total assets: 0
- unsecured creditorsnote: Claim was filed as secured/priority in the receivership for outstanding HST; per Trustee's report it 'will become unsecured as a result of the bankruptcy'; deemed trust/CRA quasi-governmental claim · page: 4 · as of: receivership claim filing date · basis: Trustee's Preliminary Report to Creditors - HST claim filed in the receivership, becomes unsecured as a result of the bankruptcy · amount: 1421931.93 · debtor: RTK WP Canada, ULC · creditor: Canada Revenue Agency · currency: CAD
- recovery outcomeentries: basis: unstated · quote: There will be no distribution to creditors. · pct of: unstated · outcome: nil · stated by: trustee · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2021-07-15 · table missing: