Quebec · Bankruptcy
Trustee's Report to the Creditors on Preliminary Administration
Court officer report · 15 May 2017
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What we verified from this filing10 verified
- courtS U P E R I O R C O U R T
- court file no500-11-052454-176
- provinceQUEBEC
- appointeeDeloitte Restructuring Inc.
- appointee roletrustee
- commencement date24 April 2017
- financial positionnote: Surplus (deficit) before professional fees reported as (289,088,226); prose in report states 'HLPM owes CAD 289,094,451 to its creditors and the estimated net realizable value of its assets is CAD 6,225' as of April 24, 2017, matching the Statement of Affairs totals. · page: 4 · as at: 2017-04-24 · basis: Statement of Affairs (unaudited), estimated net realizable value · scope: Homburg L.P. Management Inc. (entity level) · currency: CAD · total assets: 6225 · total liabilities: 289094451
- unsecured creditorsnote: Document names no individual creditors in this category. · page: 4 · as of: 2017-04-24 · basis: Statement of Affairs as reported · amount: 111092054 · debtor: Homburg L.P. Management Inc. · creditor: Unsecured creditors - Non-affiliated companies (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Document names no individual creditors in this category; includes intercompany claim from HII (proof of claim received but not yet reviewed by Trustee as of report date); amounts derive from claims filed in bankruptcies of related limited partnerships as of their respective bankruptcy dates and may have been reduced since. · page: 4 · as of: 2017-04-24 · basis: Statement of Affairs as reported · amount: 178002397 · debtor: Homburg L.P. Management Inc. · creditor: Unsecured creditors - Affiliated companies (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: As the funds expected to be realized from the liquidation of the Bankrupt's assets will likely all be used to pay a portion of the Trustee's professional fees and disbursements, the Trustee estimates that there will not be sufficient funds available in the Bankrupt's estate to provide for a distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2017-05-15 · table missing: