Ontario · NOI
Electro sonic second report to court
Court officer report · 27 February 2014
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What we verified from this filing12 verified
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST) (IN BANKRUPTCY AND INSOLVENCY)
- court file no31-1835443
- provinceONTARIO
- appointeeMNP Ltd.
- appointee roleproposal trustee
- commencement date6 February 2014
- statutory basissection 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- disbursementsnote: Stated as approximately $191,000 in disbursements for the Variance Period (Feb 10-21, 2014) · since: February 10, 2014 · amount: 191000 · currency: CAD
- operational summaryElectro Sonic continues to operate in the normal course while pursuing a going concern sale, cooperating fully with the Proposal Trustee, and negotiating a forbearance agreement with RBC to maintain financing during the sale process.
- receipts cumulativenote: Stated as approximately $1,628,000 in cash receipts for the interim period from February 10, 2014 to February 21, 2014 (the Variance Period) · since: February 10, 2014 · amount: 1628000 · currency: CAD
- report date27 February 2014
- report noSecond Report