Ontario · Bankruptcy
Preliminary Report
Court officer report · 14 June 2019
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What we verified from this filing11 verified
- applicantRoyal Bank of Canada
- appointeeThe Fuller Landau Group Inc.
- appointee roleTrustee
- commencement date27 May 2019
- court file no31-458717
- proceeding typebia_bankruptcy
- provinceOntario
- financial positionnote: SOA discloses no assets but is unsigned/unsworn and Trustee states it 'is unable to confirm the existence of any assets'; an equipment appraisal prepared for RBC in May 2018 lists welders, warehouse tools, lifts, two digital LED boards and 22 vehicles, though existence/location could not be confirmed. Liabilities per Statement of Affairs were $291,738.45 (Unsecured) vs. $340,561.48 per Proofs of Claim filed as at June 13, 2019. · as at: 2019-05-27 · basis: unsigned and unsworn Statement of Affairs · scope: entity - Multimedia Lightning and Electric Ltd. · currency: CAD · total liabilities: 291738.45
- operational summaryMultimedia has ceased operations, has no employees, accounts receivable, or premises, and the Trustee has been unable to locate its assets or obtain the sole officer's cooperation.
- recovery outcomeentries: basis: unstated · quote: In light of the above, and as the Trustee is unable to confirm the existence of any assets, the Trustee is unable to comment on anticipated realizations or distribution to creditors at this time. · pct of: unstated · outcome: undetermined · stated by: trustee · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2019-06-14 · table missing:
- report date14 June 2019