Ontario · Bankruptcy
Trustee's Preliminary Report
Court officer report · 15 September 2023
A plain-language read of this filing opens with a subscription.
What we verified from this filing16 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date28 August 2023
- court file no31-2980037
- financial positionnote: Estimated liquidation value of $17,000.00 relates to Account Receivable payment from Telegraph Road, per Statement of Affairs; subsequent HST refund of $1,324.88 received; total liabilities not stated as a single figure (secured $6.00, preferred nil, unsecured $782,451.04 per Statement of Affairs) · page: 1 · basis: Statement of Affairs (estimated liquidation value of assets) · scope: entity - McLaren Press Graphics Limited · currency: CAD · total assets: 17000
- proceeding typebia_bankruptcy
- provinceOntario
- secured creditorsnote: Repaid in full during receivership; receiver discharged August 25, 2023; PPSA registration still listed as of search date 2023-08-25 but claim not outstanding · page: 1 · as of: 2022-01-10 · debtor: McLaren Press Graphics Limited · creditor: Bank of Nova Scotia · currency: CAD · security: General Security Agreement dated January 10, 2022 (all-property)
- secured creditorsnote: PMSI-type equipment security; Trustee's understanding is no secured claims remain outstanding · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Lewis Motor Sales Inc. · currency: CAD · security: PPSA registration re 2020 International HV607 SBA 4x2 (serial no.)
- secured creditorsnote: PPSA search date 2023-08-25; Trustee's understanding is no secured claims remain outstanding as dealt with during receivership · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Business Development Bank of Canada · currency: CAD · security: PPSA registration (all-property/blanket, type unstated)
- secured creditorsnote: PMSI-type equipment security; Trustee's understanding is no secured claims remain outstanding · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Currie Leasing Inc. · currency: CAD · security: PPSA registration re 2021 Freightliner M2106 (serial no.)
- secured creditorsnote: PMSI-type equipment security; Trustee's understanding is no secured claims remain outstanding · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Fujifilm Canada Inc. · currency: CAD · security: PPSA registration re Equipment
- secured creditorsnote: PMSI-type equipment security; Trustee's understanding is no secured claims remain outstanding · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Honda Canada Finance Inc. · currency: CAD · security: PPSA registration re 2018 Honda Pilot (serial no.)
- secured creditorsnote: PMSI-type equipment security; Trustee's understanding is no secured claims remain outstanding · page: 2 · as of: 2023-08-25 · debtor: McLaren Press Graphics Limited · creditor: Nissan Canada Finance Inc. · currency: CAD · security: PPSA registration re 2018 Infiniti Q50 (serial no.)
- unsecured creditorsnote: Document names no individual unsecured creditors; Nil proven and filed as of September 14, 2023 · page: 2 · as of: Statement of Affairs · basis: Per Statement of Affairs · amount: 782451.04 · debtor: McLaren Press Graphics Limited · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: unstated · quote: The quantum of the likely dividend to unsecured creditors is not known at this time. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2023-09-14 · table missing: