Quebec · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 1 March 2018
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What we verified from this filing8 verified
- appointeeDeloitte Restructuring Inc.
- appointee roleTrustee
- courtS U P E R I O R C O U R T
- court file no500-11-053975-187
- provinceQUEBEC
- commencement date8 February 2018
- financial positionnote: Only liabilities are itemized: Unsecured creditors - HSBC Bank of Canada: - (nil/unknown pending sale proceeds); Unsecured creditors - Others: 505,767; Unsecured creditors - Intercompany (H96): 28,835,092; total liabilities 29,340,860; Surplus (deficit) before professional fees stated as (29,340,860), implying no assets available for unsecured creditors after secured creditor realization, but no total assets figure is separately stated. · as at: 2018-02-08 · basis: Estimated Net Realization Value (Trustee's preliminary estimate as per Summary of Assets and Liabilities) · scope: entity-level, North Calgary Land Ltd. (NCLL) only · currency: CAD · total liabilities: 29340860
- recovery outcomeentries: basis: estimated · quote: As illustrated in the Statement of Affairs, it is estimated that no funds will be available for distribution to unsecured creditors following the sale of the real estate asset by the Receiver. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2018-03-01 · table missing: