Ontario · Bankruptcy

Trustee's Preliminary Report dated July 17, 2020

Court officer report · 17 July 2020

What we verified from this filing2 verified

financial positionnote: Company had no physical assets on the Bankruptcy Date ('As the Company had no physical assets on the Bankruptcy Date, no conservatory or protective measures were necessary'); SOA lists Secured/Deemed Trust $9.00 (value of Excluded Assets), Preferred Nil, Unsecured $7,542,830.58, Contingent $5,071,156.00, totalling $12,613,995.58; separately, Claims as Filed as at 2:00pm July 16, 2020 totalled $4,402,944.58 (Secured/Preferred/Contingent Nil, Unsecured $4,402,944.58). · basis: Company's Statement of Affairs (SOA) · scope: KMW Energy Inc. (bankrupt estate) · currency: CAD · total liabilities: 12613995.58
recovery outcomeentries: basis: estimated · quote: Given the foregoing and the SOA, the Trustee does not anticipate any realizations in the estate, and therefore no distributions to Company's creditors in this proceeding. · pct of: unstated · outcome: nil · stated by: trustee · class label: Company's creditors · interim final: unstated · claims qualifier: unstated · table missing: