Quebec · CCAA
Trustee's Preliminary Report to Creditors (9468-4800 Québec Inc.)
Court officer report · 22 July 2022
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- closing confirmedscope: the Transactions · outcome: completed · effective: 2022-06-02 · purchaser: Investissement Quebec and OMF Fund II H Ltd. · date basis: stated
- financial positionnote: The summary table of the Statement of Affairs is an image and not readable in the text, so no totals are reported. The text states that the $54 million assumed by 9468-4800 Quebec Inc. relates to amounts due to unsecured creditors, including $51 million due to Prosperity Materials Macao Commercial Offshore Limited, and that there are "essentially no assets available for the unsecured creditors in the Bankrupt's estate". · as at: 2022-07-08 · basis: Trustee's preliminary evaluation: Statement of Affairs as of July 8, 2022, including the Statement of Financial Position, estimated net realization value of assets and estimated deficit · scope: 9468-4800 Quebec Inc. (formerly BlackRock Metals Inc.), single bankrupt entity · currency: CAD
- purchaserInvestissement Quebec and OMF Fund II H Ltd.
- recovery outcomeentries: basis: estimated · quote: The Trustee estimates that there will not be any proceeds available for distribution to unsecured creditors as there are essentially no assets available for the unsecured creditors in the Bankrupt's estate. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-07-22 · table missing:
- sale outcometext: Closing had occurred pursuant to the Approval and Vesting Order and Purchase Agreement · scope: whole_business · status: closed