Ontario · Bankruptcy

Notice to creditors

Notice to creditors · 8 February 2022

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appointeeSchwartz Levitsky Feldman Inc.
appointee roletrustee
commencement date8 February 2022
court file no32-2802853
proceeding typebia_bankruptcy
provinceOntario
statutory basisSubsection 102(1) of the Act
statutory basisNotice of Bankruptcy, First Meeting of Creditors (Subsection 102(1) of the Act)
financial positionnote: Statement of Affairs (Form 78) shows total unsecured creditors $1,547,303.19, secured claims $0.00 (List "B" total is nil - no secured creditors listed), preferred creditors $0.00, contingent/other liabilities $0.00; total assets $0.00; deficiency $1,547,303.19. · page: 2 · as at: 2022-02-07 · basis: as stated and estimated by the officer · scope: Kratos Transportation Ltd. (entity level, corporate bankrupt) · currency: CAD · total assets: 0 · total liabilities: 1547303.19
unsecured creditorsnote: CRA claim, deemed trust class · page: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 60000 · debtor: Kratos Transportation Ltd. · creditor: CRA - Tax - Ontario (750272726) · currency: CAD
unsecured creditorsnote: CRA claim, deemed trust class · page: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 28357.54 · debtor: Kratos Transportation Ltd. · creditor: CRA - Tax - Ontario (750272726RP0001) · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 3600 · debtor: Kratos Transportation Ltd. · creditor: Grand Financial Management Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 8593.77 · debtor: Kratos Transportation Ltd. · creditor: Ministry of Labour (Employment Practices Branch) · currency: CAD
unsecured creditorsnote: listed as individual creditor, represented by counsel · page: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 200000 · debtor: Kratos Transportation Ltd. · creditor: Ravinder Atwal · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 30000 · debtor: Kratos Transportation Ltd. · creditor: Reefer Sales and Service · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 1910.84 · debtor: Kratos Transportation Ltd. · creditor: Rogers Communications / CBV Collection · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 200815.12 · debtor: Kratos Transportation Ltd. · creditor: Tip Fleet Services Canada Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 4500 · debtor: Kratos Transportation Ltd. · creditor: Reliance Trucking Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 35000 · debtor: Kratos Transportation Ltd. · creditor: Action Trailer Sales Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 4000 · debtor: Kratos Transportation Ltd. · creditor: Ajit Transport · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 11750 · debtor: Kratos Transportation Ltd. · creditor: Altus Receivables Management (County Line Trucking) · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 3475 · debtor: Kratos Transportation Ltd. · creditor: Ava Financial (All Win Transportation) · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 2700 · debtor: Kratos Transportation Ltd. · creditor: Avon Trucklines Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 1500 · debtor: Kratos Transportation Ltd. · creditor: Bell Canada F-88 - Business · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 35000 · debtor: Kratos Transportation Ltd. · creditor: Breadner Trailers · currency: CAD
unsecured creditorspage: 3 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 892000 · debtor: Kratos Transportation Ltd. · creditor: BVD Capital · currency: CAD
unsecured creditorsnote: regulatory claim (WSIB) · page: 4 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 10759.42 · debtor: Kratos Transportation Ltd. · creditor: Workplace Safety and Insurance Board · currency: CAD
unsecured creditorspage: 4 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 5141.5 · debtor: Kratos Transportation Ltd. · creditor: TXT E Solutions · currency: CAD
unsecured creditorspage: 4 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 4100 · debtor: Kratos Transportation Ltd. · creditor: Transtek Logistics · currency: CAD
unsecured creditorspage: 4 · as of: 2022-02-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 4100 · debtor: Kratos Transportation Ltd. · creditor: Transit Express · currency: CAD
secured creditors