Alberta · Bankruptcy
Trustee's Report to Creditors
Court officer report · 22 April 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date1 April 2025
- courtIN THE COURT OF KING’S BENCH OF ALBERTA
- court file no24-3206566
- secured creditorsnote: Table 1 lists an estimated claim of $15,000 ($000's); prose states balance owing as at date of bankruptcy is approximately $14,524, used as the exact dated balance. Company advised it signed a voluntary release of the equipment; Trustee awaiting confirmation/details, so discharge status unconfirmed. · page: 3 · as of: date of bankruptcy · amount: 14524 · debtor: Double H Ventures Ltd. · creditor: CWB National Leasing Inc. · currency: CAD · security: Secured - specific serial numbered equipment (forklift)
- secured creditorsnote: Deemed trust class claim for unremitted source deductions; stated to potentially have priority over all other secured claims. CRA had not filed a proof of claim as of the date of this report; amount is Trustee's estimate per Table 1 ($000's). · page: 3 · as of: date of bankruptcy · amount: 1000 · debtor: Double H Ventures Ltd. · creditor: Canada Revenue Agency · currency: CAD · security: Deemed Trust - All present and after-acquired property
- financial positionnote: Company had no assets at the date of bankruptcy; Trustee estimates no recovery to unsecured creditors. No total liabilities figure stated. · page: 4 · basis: no financial statements were ever prepared; based on discussions with management and review of books and records · scope: entity - Double H Ventures Ltd. · currency: CAD · total assets: 0
- unsecured creditorsnote: Document names no individual creditors; aggregate figure covers 22 identified unsecured creditors. · page: 4 · basis: Trustee identified 22 potential unsecured creditors based on the Company's books and records · amount: 130064.26 · debtor: Double H Ventures Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Accordingly, we estimate there will be no recovery to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · claims amount: 130064.26 · interim final: unstated · claims qualifier: listed · stated on: 2025-04-22 · table missing: