Ontario · Bankruptcy
Preliminary Report of Trustee
Court officer report · 24 May 2023
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roletrustee
- commencement date3 May 2023
- court file no32-2940170
- proceeding typebia_bankruptcy
- statutory basisSection 67(b), of the Bankruptcy and Insolvency Act
- secured creditorsnote: Advised the RBC debt has been repaid in full; discharged/repaid security, no longer current; no claim received to date · page: 2 · as of: date of bankruptcy (May 3, 2023) · debtor: JLA Electric Wholesale and Distribution Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: General security registered against all assets of JLA
- unsecured creditorsnote: Document names no individual creditors; claims received to date total $14,324 (proofs filed, labelled separately) · page: 2 · as of: Statement of Affairs · basis: As per Statement of Affairs · amount: 356618 · debtor: JLA Electric Wholesale and Distribution Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceOntario
- recovery outcomeentries: basis: estimated · quote: Based on the known creditor claims, as listed on the Statement of Affairs, the Trustee anticipates there will be a distribution to the unsecured creditors of approximately 25%. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2023-05-23 · table missing: