Newfoundland and Labrador · Receivership (private)
Notice and Statement of the Receiver.pdf
Notice to creditors · 25 August 2021
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 filing18 verified
- proceeding typereceivership_private
- secured creditorsnote: Municipal secured claim · page: 1 · as of: receivership appointment date (August 23, 2021) · amount: 128495.06 · debtor: Axtion Climb Inc. · creditor: City of St. John's · currency: CAD · security: Security on property described (land, building, equipment)
- secured creditorsnote: Nominal $1 amount as stated · page: 1 · as of: receivership appointment date (August 23, 2021) · amount: 1 · debtor: Axtion Climb Inc. · creditor: Canada Revenue Agency - 813206448 RP0001 · currency: CAD · security: Security on property described (land, building, equipment)
- secured creditorsnote: Nominal $1 amount as stated · page: 1 · as of: receivership appointment date (August 23, 2021) · amount: 1 · debtor: Axtion Climb Inc. · creditor: CWB National Leasing · currency: CAD · security: Security on property described (land, building, equipment)
- secured creditorspage: 1 · as of: receivership appointment date (August 23, 2021) · amount: 20558.76 · debtor: Axtion Climb Inc. · creditor: Canada Revenue Agency - 813206448 RT0001 · currency: CAD · security: Security on property described (land, building, equipment)
- secured creditorsnote: Appointed Grant Thornton Limited as Receiver pursuant to its security · page: 1 · as of: receivership appointment date (August 23, 2021) · amount: 6320714.34 · debtor: Axtion Climb Inc. · creditor: Business Development Bank of Canada · currency: CAD · security: Security over land, building and equipment at 55 Hebron Way, St. John's, NL
- statutory basis(Subsection 245(1) and 246 (1) of the Act)
- unsecured creditorspage: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1563 · debtor: Axtion Climb Inc. · creditor: Stingray · currency: CAD
- unsecured creditorsnote: Document names no individual customers; nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Various Customer Deposits (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Document names no individual employees; nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Various Employee Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Related party (shareholder) loans · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 290669 · debtor: Axtion Climb Inc. · creditor: Shareholder Loans · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 3867 · debtor: Axtion Climb Inc. · creditor: MNP LLP · currency: CAD
- unsecured creditorsnote: Nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Bell Aliant · currency: CAD
- unsecured creditorsnote: Nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: GFL Environmental Inc. · currency: CAD
- unsecured creditorsnote: Nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Newfoundland Power Inc. · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 24212 · debtor: Axtion Climb Inc. · creditor: Old Town Pizzeria Inc. · currency: CAD
- unsecured creditorsnote: Nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Platinum Business Solutions · currency: CAD
- unsecured creditorsnote: Nominal $1 amount as listed · page: 3 · basis: Listing of Creditors prepared by Receiver without access to accounting records · amount: 1 · debtor: Axtion Climb Inc. · creditor: Steers Insurance · currency: CAD