Ontario · Bankruptcy
Statement of Affairs.pdf
Statement of affairs · 4 January 2024
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What we verified from this filing10 verified
- commencement date4 January 2024
- financial positionnote: Total liabilities includes total unsecured creditors 261,605,811.48 plus secured creditors 41,840,931.58 plus preferred creditors 0.00 plus contingent/trust claims 0.00; deficiency stated as 261,605,810.48 · page: 1 · as at: 2024-01-04 · basis: Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer · scope: Medical Pharmacies Group Limited (single entity) · currency: CAD · total assets: 41840932.58 · total liabilities: 303446743.06
- provinceOntario
- statutory basisSubsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
- unsecured creditorspage: 2 · as of: 2024-01-04 · basis: Statement of Affairs List A - Unsecured Creditors as stated by officer · amount: 2253991.06 · debtor: Medical Pharmacies Group Limited · creditor: 300-306 Town Centre Boulevard Limited Partnership · currency: CAD
- unsecured creditorsnote: Balance of claim (deficiency after security) per List A; also listed as secured creditor with balance of claim 211,210,380.42 in List B · page: 2 · as of: 2024-01-04 · basis: Statement of Affairs List A - Unsecured Creditors as stated by officer · amount: 211210381.42 · debtor: Medical Pharmacies Group Limited · creditor: CIBC Bank · currency: CAD
- unsecured creditorsnote: Balance of claim shown; also listed as secured creditor in List B with same amount · page: 2 · as of: 2024-01-04 · basis: Statement of Affairs List A - Unsecured Creditors as stated by officer · amount: 45654000 · debtor: Medical Pharmacies Group Limited · creditor: Clearspring Medical Pharmacies LP · currency: CAD
- unsecured creditorspage: 2 · as of: 2024-01-04 · basis: Statement of Affairs List A - Unsecured Creditors as stated by officer · amount: 2487439 · debtor: Medical Pharmacies Group Limited · creditor: Edward Jamieson c/o Aird & Berlis LLP · currency: CAD
- secured creditorsnote: Balance of claim per List B as at date of bankruptcy · page: 3 · as of: 2024-01-04 · amount: 211210380.42 · debtor: Medical Pharmacies Group Limited · creditor: CIBC Bank · currency: CAD · security: Amount of claim 253,051,313.00; security particulars: Cash on Hand - Cash 41,684,522.54; Securities - Other 134,408.04; Debts Due - Business - Accounts Receivables 22,000.00; Other - Pre-1954 Charter, Additional Consideration from OMS Transaction 2.00
- secured creditorsnote: Balance of claim equals amount of claim; related entity name suggests possible related-party but not stated · page: 3 · as of: 2024-01-04 · amount: 45654000 · debtor: Medical Pharmacies Group Limited · creditor: Clearspring Medical Pharmacies LP · currency: CAD · security: Securities - Other; estimated value of security 0.00