Quebec · NOI
Trustees's Report to creditors on preliminary administration
Court officer report · 3 September 2019
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 filing5 verified
- courtCOUR SUPÉRIEURE
- court file no500-11-056543-198
- provinceQUÉBEC
- commencement date17 August 2019
- financial positionnote: Only asset listed in the statutory balance sheet is tax credits receivable: book value 488 272 (as at 31 March 2019), estimated realization value 400 000, before fees; no total asset line is stated. Liabilities: secured creditors 2 366 093 (CAE 366 093 and IQ 2 000 000), unsecured shareholders 496 684, other unsecured 429 154; total 3 291 931. Estimated deficiency stated as (2 891 931). Realization value is a trustee estimate; creditors bear the burden of proving claims and the trustee had not finished analyzing proofs of claim. · as at: 2019-08-17 · basis: Bilan statutaire (non audité) as at 17 August 2019, prepared by the trustee; assets shown at estimated realization value before fees, with book value of tax credits as at 31 March 2019 since OSS did not prepare or update financial information after that date · scope: OSSimTech inc. (single entity, bankrupt) · currency: CAD · total liabilities: 3291931