What we verified from this filing10 verified · 1 withheld
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file no01-CL-4192
- unsecured creditorsnote: Approximately $28,000 of this shortfall remained unidentified as to specific accounts at time of report · page: 7 · as of: 2001-07-26 · basis: Receiver's analysis comparing brokerage statements ($8,535,209) to Buckingham's books ($8,938,489) of investments due to clients · amount: 403280 · debtor: Buckingham Securities Corporation · creditor: Clients owed investments (shortfall in securities held) · currency: CAD
- unsecured creditorsnote: Receiver holds $140,028 in trust deposits and a further $85,159 in a general account (which may have a trust component) against this liability; Receiver has no additional funds to cover shortfall · page: 8 · as of: 2001-07-26 · basis: Receiver's analysis of client cash balance accounts, detailed in Appendix I · amount: 1389901 · debtor: Buckingham Securities Corporation · creditor: Clients owed cash balances · currency: CAD
- secured creditorsnote: Portion of the $201,581 total trade creditor liability identified as secured, primarily by photocopy equipment · page: 9 · as of: 2001-07-26 · amount: 4729 · debtor: Buckingham Securities Corporation · creditor: Unnamed secured trade creditor(s), primarily secured by photocopy equipment · currency: CAD · security: Photocopy equipment (PMSI-type equipment security)
- secured creditorsnote: Amount claimed by broker as under-margin balance owed by Buckingham, less $248,000 anticipated from sale of 20,000 Gulf Resources shares; validity of security interest disputed by certain Buckingham clients · page: 9 · as of: 2001-07-26 · amount: 1902642 · debtor: Buckingham Securities Corporation · creditor: W. D. Latimer Co. Limited · currency: CAD · security: Claimed security interest over investments in its possession held in the name or for the account of Buckingham
- unsecured creditorsnote: Total trade creditor liability of $201,581 less $4,729 identified as secured by photocopy equipment; document does not name individual trade creditors · page: 9 · as of: 2001-07-26 · basis: Per Buckingham's books and records as reported by Receiver · amount: 196852 · debtor: Buckingham Securities Corporation · creditor: Unsecured trade creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Preferred/employee claim; total liability not yet determined by Receiver at time of report · page: 9 · as of: 2001-07-26 · basis: Receiver's belief that an amount is owing · debtor: Buckingham Securities Corporation · creditor: Employees (vacation pay) · currency: CAD
- financial positionnote: Appendix K (not included in extracted pages) summarizes estimated realizable value of assets versus amounts due to creditors, indicating a potential shortfall before costs of $2,452,855; document states this shortfall is almost certain to increase significantly if thinly traded securities must be realized · page: 10 · as at: 2001-07-26 · basis: Receiver's analysis of Buckingham's books and records and brokerage statements · scope: Buckingham Securities Corporation, entity-level (client accounts, investments, and trade/broker liabilities) · currency: CAD
- secured creditorsnote: Per Buckingham's records; Receiver had not yet obtained confirmation of this amount from Bear Stearns · page: 10 · as of: 2001-07-26 · amount: 238497 · debtor: Buckingham Securities Corporation · creditor: Bear Stearns · currency: USD · security: Under-margin amount on Buckingham's account with broker
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.