Alberta · Bankruptcy
Trustee’s Preliminary Report
Court officer report · 14 June 2023
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What we verified from this filing6 verified
- appointeeB. Riley Farber Inc.
- appointee roleLicensed Trustee
- commencement date14 June 2023
- proceeding typebia_bankruptcy
- provinceAlberta
- recovery outcomeentries: basis: estimated · quote: Subject to the receipt of a legal opinion regarding the validity of their security, it is apparent that the both creditors will suffer a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: EDC and Investment Quebec · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, no surplus funds are expected to be available for distribution to preferred or unsecured creditors. · pct of: unstated · outcome: nil · class key: preferred · stated by: trustee · class label: preferred or unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As noted above, the Property of the Company is encumbered in favour of secured creditors and no distribution to unsecured creditors is anticipated. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: