Quebec · Bankruptcy
Trustee’s Report to the First meeting of Creditors (French Only) – dated June 27, 2024
Court officer report · 27 June 2024
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What we verified from this filing6 verified
- cash on handnote: BNC advised the Trustee this amount, comprising bank account balances at bankruptcy date plus post-bankruptcy client deposits, would be remitted. · amount: 1669768.88 · currency: CAD · qualifier: montant transféré par la BNC au compte de l'actif chez le Syndic
- financial positionnote: Components: Dépôts en institutions financières 878; Trésorerie déposée auprès du Syndic 1,062; Comptes à recevoir 1,360; Immeuble & terrain 8,512 (book)/14,000 (estimated); Équipements 2,836/2,800; Inventaire 1,343/0 (in thousands CAD). Liabilities: Créancier garanti 11,365; Créanciers privilégiés 0; Créanciers ordinaires 19,512 (of which 16,753 owed to related party Agrial Finances). Trustee notes exact liabilities will only be determined once proofs of claim are compiled and analyzed; validity of secured creditor's security not yet confirmed. · as at: 2024-06-07 · basis: Bilan statutaire (Valeur comptable); document also lists a Valeur de réalisation estimée column (Actifs 20,100,000 CAD, Passifs 30,877,000 CAD, Déficit 10,777,000 CAD) · scope: entity - Saladexpress Inc. (single debtor entity) · currency: CAD · total assets: 15991000 · total liabilities: 30877000
- operational summaryFollowing the bankruptcy filing, Saladexpress ceased production; the Trustee disposed of perishable fresh-food inventory mainly via donations to food banks, and intends to sell remaining packaging inventory and equipment through a call for tenders, with a real estate sale process for the building/land to be discussed with the inspectors after the creditors' meeting.
- receipts cumulativenote: Approximate amount collected on accounts receivable between the bankruptcy date and the date of this report. · since: date de la faillite (7 juin 2024) · amount: 650000 · currency: CAD
- report date26 June 2024
- report noRapport du Syndic à la première assemblée des créanciers