Quebec · Bankruptcy
Trustee's Report on Preliminary Administration - French only
Court officer report · 5 March 2018
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What we verified from this filing8 verified
- financial positionnote: Realized asset value to date is only $13,818 (page 2). Liabilities are stated only as components 'tel que déclaré au bilan': privileged claims $405,370, secured claims $699,213, unsecured claims $3,071,612 (page 3); the document does not sum these into a total. Amounts received to date on proofs of claim differ materially (privileged $1,423,724 received, secured $14,712 received, unsecured $2,496,855 received). · page: 2 · as at: 2017-12-31 · basis: Valeur déclarée sur bilan (declared book value per debtor's balance sheet); realized value to date shown separately · scope: La Pâtisserie de Gascogne Inc. (single entity) · currency: CAD · total assets: 729213
- secured creditorsnote: On 2018-02-26 Miro Capital reimbursed all sums owed to the first-ranking secured creditor, Royal Bank of Canada, and was subrogated into the totality of RBC's rights. Trustee retained BLG LLP to obtain a legal opinion on the validity of Miro Capital's security (opinion status not confirmed in this report). · page: 4 · as of: 2018-02-26 · amount: 1263710 · debtor: La Pâtisserie de Gascogne Inc. · creditor: Miro Capital Inc. · currency: CAD · security: Hypothèque mobilière (movable hypothec)
- secured creditorsnote: Amount estimated based on data received from the company for all employees, unionized and non-unionized. · page: 4 · amount: 82201 · debtor: La Pâtisserie de Gascogne Inc. · creditor: Service Canada (Programme de protection des salariés - LPPS) · currency: CAD · security: Fiducie présumée (deemed trust)
- secured creditorsnote: Trustee has not received the claims from the two levels of government; amount unknown, not confirmed as zero despite table showing nil. · page: 4 · debtor: La Pâtisserie de Gascogne Inc. · creditor: DAS (Déductions à la source - source deductions, federal/provincial) · currency: CAD · security: Fiducie présumée (deemed trust)
- secured creditorsnote: Estimated claim nil; underlying lease financed by Crédit VW Canada Inc. (see separate entry). · page: 4 · amount: 0 · debtor: La Pâtisserie de Gascogne Inc. · creditor: Arbour Automobiles Ltée · currency: CAD · security: Contrat de location (lease)
- secured creditorsnote: Estimated claim nil. · page: 4 · amount: 0 · debtor: La Pâtisserie de Gascogne Inc. · creditor: BMW Canada Inc. · currency: CAD · security: Contrat de location (lease)
- secured creditorsnote: Estimated claim nil. · page: 4 · amount: 0 · debtor: La Pâtisserie de Gascogne Inc. · creditor: Location Parade · currency: CAD · security: Contrat de location (lease)
- secured creditorsnote: Proof of claim received for the leased vehicle; estimated claim nil. · page: 4 · amount: 0 · debtor: La Pâtisserie de Gascogne Inc. · creditor: Crédit VW Canada Inc. · currency: CAD · security: Contrat de location (lease) - vehicle leased at Arbour Automobiles Ltée, financed by Crédit VW Canada Inc.