Ontario · Bankruptcy
Notice to Creditors Package
Meeting materials · 11 September 2017
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What we verified from this filing27 verified
- appointeeA. Farber & Partners Inc.
- appointee roleTrustee
- commencement date8 September 2017
- provinceBRITISH COLUMBIA
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Summary of liabilities: unsecured creditors List A 103,762.00; balance of secured claims List B 63,027,179.90; total unsecured creditors 63,130,941.90; secured creditors List B 160,033.52; preferred creditors List C 1.00; contingent/trust/other List D 0.00; total liabilities 63,290,976.42; surplus NIL. Total assets 160,033.52 (cash on hand/in institution); deficiency 63,130,942.90. Date discrepancy: the Notice of Bankruptcy and Proof of Claim state the assignment/date of bankruptcy as 08-Sep-2017 (assignment filed 08-Sep-2017), while the Statement of Affairs states the affairs as at 06-Sep-2017 (lists dated 06-Sep-2017). · page: 2 · as at: 2017-09-06 · basis: Statement of Affairs (Form 78, Business Bankruptcy) as stated and estimated by the officer; sworn/solemnly declared · scope: Alfred Angelo Canada ULC (single entity; head office Vancouver, BC) · currency: CAD · total assets: 160033.52 · total liabilities: 63290976.42
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 14820 · debtor: Alfred Angelo Canada ULC · creditor: TCS Total Customs Services Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 117 · debtor: Alfred Angelo Canada ULC · creditor: Toronto Hydro-Electric Systems · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 4036 · debtor: Alfred Angelo Canada ULC · creditor: Pianosi Bros. Construction · currency: CAD
- unsecured creditorsnote: Claim stated as 0.00 on the form. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 0 · debtor: Alfred Angelo Canada ULC · creditor: Sydney Feinstein Agencies · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 188 · debtor: Alfred Angelo Canada ULC · creditor: Waste Management of Canada · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 2951 · debtor: Alfred Angelo Canada ULC · creditor: Westmark Fashion Distribution · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 537 · debtor: Alfred Angelo Canada ULC · creditor: Bell Canada · currency: CAD
- unsecured creditorsnote: Nominal $1.00 placeholder amount stated on the form. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 1 · debtor: Alfred Angelo Canada ULC · creditor: Canada Border Services · currency: CAD
- unsecured creditorsnote: Canada Revenue Agency tax claim (deemed-trust class). Nominal $1.00 placeholder amount stated; c/o Quebec Insolvency Intake Centre, Shawinigan-Sud QC. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 1 · debtor: Alfred Angelo Canada ULC · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 65450 · debtor: Alfred Angelo Canada ULC · creditor: David Weiner · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 300 · debtor: Alfred Angelo Canada ULC · creditor: Enbridge · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 8360 · debtor: Alfred Angelo Canada ULC · creditor: Federal Express Canada Ltd. · currency: CAD
- unsecured creditorsnote: Unsecured claim column is 0.00; this figure is the balance-of-claim (unsecured shortfall) of the same creditor's List B secured claim. Also recorded as a secured creditor — do not double-count. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 9231304.25 · debtor: Alfred Angelo Canada ULC · creditor: FSJC OFF V, LLC · currency: CAD
- unsecured creditorsnote: Unsecured claim column is 0.00; this figure is the balance-of-claim (unsecured shortfall) of the same creditor's List B secured claim. Also recorded as a secured creditor — do not double-count. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 28054489.17 · debtor: Alfred Angelo Canada ULC · creditor: FSJC ON V, LLC · currency: CAD
- unsecured creditorsnote: Unsecured claim column is 0.00; this figure is the balance-of-claim (unsecured shortfall) of the same creditor's List B secured claim of 25,901,420.00 net of security value 160,033.52. Also recorded as a secured creditor — do not double-count. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 25741386.48 · debtor: Alfred Angelo Canada ULC · creditor: FSJC V, LLC · currency: CAD
- unsecured creditorsnote: Nominal $1.00 placeholder amount stated; address TBD on the form. · page: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 1 · debtor: Alfred Angelo Canada ULC · creditor: Joey Feinstein · currency: CAD
- unsecured creditorspage: 3 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List A as reported by the officer · amount: 7000 · debtor: Alfred Angelo Canada ULC · creditor: McCarney Group LLP · currency: CAD
- secured creditorsnote: List B secured creditor (amount of claim 28,054,489.17). Estimated value of security nil, so the entire claim is shown as an unsecured shortfall (balance of claim 28,054,489.17) that is also listed in List A entry 8 — do not double-count. Address 207-1700 E Putnam Ave, Old Greenwich CT 06870 USA. · page: 4 · as of: 2017-09-06 · amount: 28054489.17 · debtor: Alfred Angelo Canada ULC · creditor: FSJC ON V, LLC · currency: CAD · security: Cash in financial institution (Wells Fargo), cash on hand, and business accounts receivable; estimated value of security 0.00; security given 05-Jul-2014
- secured creditorsnote: List B secured creditor. Amount of claim 25,901,420.00; secured portion (value of security) 160,033.52; unsecured shortfall (balance of claim) 25,741,386.48 is also listed in List A entry 9 — do not double-count. Address 207-1700 E Putnam Ave, Old Greenwich CT 06870 USA. List B total amount of claim 63,187,213.42; total value of security 160,033.52; total balance of claim 63,027,179.90. · page: 4 · as of: 2017-09-06 · amount: 25901420 · debtor: Alfred Angelo Canada ULC · creditor: FSJC V, LLC · currency: CAD · security: Cash in financial institution (Wells Fargo) 159,733.52, cash on hand 300.00, business accounts receivable 0.00; estimated value of security 160,033.52; security given 05-Jul-2014
- secured creditorsnote: List B secured creditor (amount of claim 9,231,304.25). Estimated value of security nil, so the entire claim is shown as an unsecured shortfall (balance of claim 9,231,304.25) that is also listed in List A entry 7 — do not double-count. Address 207-1700 E Putnam Ave, Old Greenwich CT 06870 USA. · page: 4 · as of: 2017-09-06 · amount: 9231304.25 · debtor: Alfred Angelo Canada ULC · creditor: FSJC OFF V, LLC · currency: CAD · security: Cash in financial institution (Wells Fargo), cash on hand, and business accounts receivable; estimated value of security 0.00; security given 05-Jul-2014
- unsecured creditorsnote: Preferred creditor (List C, preferred creditors for wages, rent, etc.). Nominal $1.00 placeholder amount stated; List C total 1.00. · page: 5 · as of: 2017-09-06 · basis: Statement of Affairs (Form 78) List C preferred creditor · amount: 1 · debtor: Alfred Angelo Canada ULC · creditor: Rizzuto, Alba · currency: CAD