Ontario · Bankruptcy
Notice of Bankruptcy, First Meeting of Creditors – dated March 7, 2023
Notice to creditors · 7 March 2023
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing23 verified
- appointeeRichter Inc.
- appointee roletrustee
- commencement date2 March 2023
- courtONTARIO SUPERIOR COURT OF JUSTICE
- court file no31-2917228
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total assets $0.00; deficiency $7,840,173.75; Surplus NIL. Form 78 states: Unsecured creditors as per list 'A' $7,840,173.75; Balance of secured claims as per list 'B' $0.00; Secured creditors as per list 'B' $0.00 (no secured creditors); Preferred creditors as per list 'C' $0.00; Contingent/trust/other liabilities as per list 'D' $0.00. Assignment filed March 2, 2023; Estate No. 31-2917228; trustee Richter Inc. · page: 2 · as at: 2023-02-28 · basis: Form 78 Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer (Aaron Gorovitz); sworn 28 February 2023 · scope: Ideal Life, Inc. (single entity) · currency: CAD · total assets: 0 · total liabilities: 7840173.75
- unsecured creditorsnote: Address 1405 - 20 Eglington W., Toronto ON M2R 1K8; nominal $1.00 claim · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 1 · creditor: Employees · currency: CAD
- unsecured creditorspage: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 2325.67 · creditor: Equitable Life of Canada · currency: CAD
- unsecured creditorsnote: Individual (350 Joicey Blvd, Toronto — same address as Jason Goldberg); possible related party · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 78284 · creditor: Harvey Goldberg · currency: CAD
- unsecured creditorsnote: New York NY, USA · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 2515 · creditor: Haug Partners LLP · currency: CAD
- unsecured creditorsnote: US affiliate (same corporate name family) — related party; 700 West Morse Blvd, Winter Park FL (same address as officer Aaron Gorovitz and Raziel Health); largest unsecured claim · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 5504501 · creditor: Ideal Life US, Inc. · currency: CAD
- unsecured creditorsnote: Chicago IL, USA (name per document) · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 604.72 · creditor: Intrado Interactive Services Coporation · currency: CAD
- unsecured creditorsnote: Individual · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 43703.09 · creditor: Jack Vidal · currency: CAD
- unsecured creditorsnote: Individual (350 Joicey Blvd, Toronto — same address as Harvey Goldberg) · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 12800 · creditor: Jason Goldberg · currency: CAD
- unsecured creditorsnote: Listed as '(USD)'; amount as reported in the SOA's total column (which sums in CAD) · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 15372.11 · creditor: KORE Wireless Canada Inc. (USD) KORE Group · currency: CAD
- unsecured creditorsnote: City of Industry CA, USA · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 32751.61 · creditor: Medioh LLC · currency: CAD
- unsecured creditorspage: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 1503.53 · creditor: Microtek Computer Services · currency: CAD
- unsecured creditorsnote: 700 West Morse Blvd, Winter Park FL (same address as Ideal Life US, Inc. and officer Aaron Gorovitz) — possible related party · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 2145770 · creditor: Raziel Health, Inc. · currency: CAD
- unsecured creditorsnote: Name per document · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 30.78 · creditor: Tellus Mobilitiy (M2M Services) · currency: CAD
- unsecured creditorsnote: Kore Wyless group affiliate; Chicago IL, USA · page: 3 · as of: 2023-02-28 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors), as stated and estimated by the officer · amount: 11.24 · creditor: Wyless (a Kore Wyless Group Comapny) · currency: CAD
- secured creditors