Quebec · Bankruptcy

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 25 July 2024

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financial positionnote: Total liabilities include unsecured creditors $2,353,810.96, secured creditors $3,124.00, preferred creditors $0.00, and contingent/trust claims $0.00; deficit of $2,343,965.96 reported. Preferred creditors (List 'C') and contingent/trust claims (List 'D') both nil. · page: 2 · as at: 2024-07-18 · basis: Declared and estimated by the officer (bankrupt) - Statement of Affairs Form 78, sworn statement of Alexandrine de Charon · scope: Entity - Galeries YellowKorner Canada Inc. · currency: CAD · total assets: 12969 · total liabilities: 2356934.96
unsecured creditorsnote: Revenu Québec claim; deemed trust class (quasi-governmental). · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 4795 · debtor: Galeries YellowKorner Canada Inc. · creditor: Agence du revenu du Québec (Direction régionale du recouvrement) · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Apple ID · currency: CAD
unsecured creditorsnote: CRA claim; deemed trust class (quasi-governmental). · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 4659 · debtor: Galeries YellowKorner Canada Inc. · creditor: ARC - Taxe - Québec (Agence du revenu du Canada) · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Ceva Logistics · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 14564 · debtor: Galeries YellowKorner Canada Inc. · creditor: CF Shop at Don Mills · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Cintas Canada Limited · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 516 · debtor: Galeries YellowKorner Canada Inc. · creditor: CSPAAT - CNESST du Québec Île-de-Montréal · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: HP Instant Ink · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Let Don Do It · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Realty Holdings Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1 · debtor: Galeries YellowKorner Canada Inc. · creditor: Rogers Communications / CBV Collection · currency: CAD
unsecured creditorsnote: Employee wage claims listed as unsecured; List 'C' (preferred creditors) shows nil, so no preferred priority claimed in this filing. · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 11885 · debtor: Galeries YellowKorner Canada Inc. · creditor: Salaires (employees - wages) · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 590 · debtor: Galeries YellowKorner Canada Inc. · creditor: Toronto Hydro · currency: CAD
unsecured creditorsnote: Related party (affiliate/parent group entity - YellowKorner France). · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 537719.05 · debtor: Galeries YellowKorner Canada Inc. · creditor: YK France · currency: CAD
unsecured creditorsnote: Related party (affiliate group entity - YellowKorner Luxembourg). · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 1119780.91 · debtor: Galeries YellowKorner Canada Inc. · creditor: YK Luxembourg · currency: CAD
unsecured creditorsnote: Related party (affiliate group entity - YellowKorner SA). · page: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 658789 · debtor: Galeries YellowKorner Canada Inc. · creditor: YK SA · currency: CAD
unsecured creditorspage: 3 · as of: 2024-07-18 · basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as declared/estimated by the officer · amount: 506 · debtor: Galeries YellowKorner Canada Inc. · creditor: Hydro-Québec · currency: CAD
secured creditorsnote: Estimated value of security $3,124.00 equals claim; estimated surplus of security $9,842.00; unsecured balance $0.00 per Statement of Affairs List 'B'. · page: 4 · as of: 2024-07-17 · amount: 3124 · debtor: Galeries YellowKorner Canada Inc. · creditor: RBC Royal Bank Visa (c/o BankruptcyHighway.com) · currency: CAD · security: CPG (GIC) placement avec la RBC; espèces en main - Cheque 0000020302 - RBC