Ontario · Bankruptcy
Trustee’s Report on Preliminary Administration
Court officer report · 31 March 2017
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What we verified from this filing10 verified
- court file no31-2234914
- appointeePricewaterhouseCoopers Inc., LIT
- appointee roleLicensed Insolvency Trustee
- commencement date31 March 2017
- statutory basisBankruptcy and Insolvency Act, R.S.C. 1985, c.B-3, as amended
- financial positionnote: Only asset of MCII as at date of bankruptcy is the anticipated HST refund of approximately $9,900; Trustee still investigating intellectual property. Statement of Affairs indicates no known preferred creditors. No PPSA security interests were registered against MCII (secured creditors: none). · page: 3 · as at: date of bankruptcy · basis: Statement of Affairs · scope: entity (MCII only) · currency: CAD · total assets: 9900
- unsecured creditorsnote: Single trade unsecured proof of claim filed for $8,476,729.12, with full value proxied in favour of the Trustee; this is a filed proof of claim figure, distinct from and smaller than the $17.1 million aggregate reported in the Statement of Affairs. · page: 4 · as of: date of this report · basis: Proof of Claim filed · amount: 8476729.12 · debtor: Mad Catz Interactive, Inc. · creditor: Trade unsecured claimant (Proof of Claim filed) · currency: CAD
- unsecured creditorsnote: 4 other potential creditors identified after the Statement of Affairs was filed; mailed a Claims Package; document names no individual creditors. · page: 4 · as of: date of this report · basis: Trustee identified subsequent to filing of Statement of Affairs · amount: 100000 · debtor: Mad Catz Interactive, Inc. · creditor: Additional potential creditors identified post-filing (aggregate) · currency: CAD
- unsecured creditorsnote: Approximately 13 unsecured creditors totalling approximately $17.1 million, including intercompany debts due to certain Subsidiaries and potential contingent claims; document names no individual creditors here. · page: 4 · as of: date of bankruptcy · basis: Statement of Affairs as reported · amount: 17100000 · debtor: Mad Catz Interactive, Inc. · creditor: Unsecured creditors (aggregate as reported in Statement of Affairs) · currency: CAD
- secured creditors