Ontario · Bankruptcy
Preliminary Report of the Trustee - dated
Court officer report · 15 July 2022
A plain-language read of this filing opens with a subscription.
What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleTrustee
- commencement date28 June 2022
- court file no31-2842932
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisBankruptcy and Insolvency Act
- secured creditorsnote: PPSA search dated June 13, 2022 revealed one security interest registered in favour of RBC; SOA also references potential source deductions owing to CRA as part of secured claims · page: 2 · as of: Statement of Affairs · amount: 143.71 · debtor: 2390154 Ontario Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement
- unsecured creditorsnote: Contingent claims per SOA; no individual creditors named; claims filed as at July 14, 2022 totalled $0.00 · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 600000 · debtor: 2390154 Ontario Inc. · creditor: Contingent claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: No individual creditors named; claims filed as at 5:00 p.m. July 14, 2022 totalled $0.00 · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 1341428.37 · debtor: 2390154 Ontario Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Given the foregoing and the SOA, the Trustee anticipates very limited, if any, realizations in the estate, and accordingly, no distributions to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-07-15 · table missing: