Quebec · Receivership (private)
Rapport préliminaire du Syndic aux créanciers
Court officer report · 20 January 2011 · French
What we verified from this filing14 verified
- appointeeErnst & Young Inc.
- appointee rolesyndic
- courtCOUR SUPÉRIEURE
- court file no760-11-004963-100
- provinceQUÉBEC
- commencement date20 December 2010
- financial positionnote: Resulting deficit after Crown claims, employee LPPS claims and secured creditors is $(676,166); total deficit (asset realization value less total liabilities) is $(3,706,048) · page: 13 · as at: 2010-12-20 · basis: Bilan de liquidation estimatif abrégé, préparé sans vérification (unverified estimated liquidation balance sheet); total_assets shown is 'valeur comptable approximative' (approximate book value); estimated realization value of assets is $3,239,020; total_liabilities shown is the estimated/claim value of liabilities (no separate book-value column presented for passif) · scope: Entity-level: Transport Georges Léger Inc. (the bankrupt entity) · currency: CAD · total assets: 8182414 · total liabilities: 6945069
- secured creditorsnote: One of the two 'principaux créanciers garantis'; amount per bilan de liquidation estimatif (Annexe A); claim not yet received as of report date · page: 13 · as of: 2010-12-20 · amount: 1975093 · debtor: Transport Georges Léger Inc. · creditor: GE Canada Equipment Financing G.P. · currency: CAD · security: Prêt à terme (term loan); hypothèque mobilière over trucks/trailers/rolling stock, garage/tooling equipment, office/telephone/computer equipment, and insurance claims receivable (per pp.7-8)
- secured creditorsnote: Deemed trust / Crown priority claim (créances de la Couronne) for unremitted source deductions Jan-Sep 2010; proof of claim not received as of report date · page: 13 · as of: 2010-12-20 · amount: 66262 · debtor: Transport Georges Léger Inc. · creditor: Agence du Revenu du Canada · currency: CAD
- secured creditorsnote: Deemed trust / Crown priority claim (créances de la Couronne) for unremitted source deductions Jan-Sep 2010; ranks ahead of secured creditors and (per employee superpriority) is itself junior to certain employee claims; proof of claim received matches this amount ($644,264 per p.9) · page: 13 · as of: 2010-12-20 · amount: 644263 · debtor: Transport Georges Léger Inc. · creditor: Ministère du Revenu du Québec · currency: CAD
- secured creditorsnote: Amount per bilan de liquidation estimatif (Annexe A, p.13); the summary table on p.9 shows a different 'estimated per books' figure of $158 for this creditor, with claimed amount of $5,702 matching Annexe A · page: 13 · as of: 2010-12-20 · amount: 5702 · debtor: Transport Georges Léger Inc. · creditor: Co-Active Partenaires en Capital Canada · currency: CAD · security: Crédit-bail (finance lease)
- secured creditorsnote: Amount per bilan de liquidation estimatif (Annexe A, p.13); the summary table on p.9 shows a different 'estimated per books' figure of $27,260 for this creditor, with claimed amount of $30,845 matching Annexe A · page: 13 · as of: 2010-12-20 · amount: 30845 · debtor: Transport Georges Léger Inc. · creditor: Services Financiers De Lage Landen Financial Services Canada Inc. · currency: CAD · security: Crédit-bail (finance lease)
- secured creditorsnote: Proof of claim (réclamation de biens) received per p.9 · page: 13 · as of: 2010-12-20 · amount: 85473 · debtor: Transport Georges Léger Inc. · creditor: CIT Equipment Rental and Finance · currency: CAD · security: Crédit-bail (finance lease)
- secured creditorsnote: One of the two 'principaux créanciers garantis'; amount per bilan de liquidation estimatif (Annexe A); claim not yet received as of report date; also acted as agent-percepteur of accounts receivable from Dec 20, 2010 · page: 13 · as of: 2010-12-20 · amount: 1037548 · debtor: Transport Georges Léger Inc. · creditor: Banque Nationale du Canada (BNC) · currency: CAD · security: Marge de crédit (line of credit); hypothèque mobilière over accounts receivable, inventory, and trucks/trailers/rolling stock (shared with GE) (per pp.7-8)