Quebec · Bankruptcy
Notice of Proposal to Creditors
Notice to creditors · 2 November 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 filing4 verified
- financial positionnote: Assets: book value $10,000 (restaurant equipment), realizable value $0 (liquidation net of occupation costs). Liabilities: Crown claims $0, secured creditors $0, preferred creditors $0, ordinary creditors $215,192 as per statutory statement of affairs. · page: 17 · as at: 2022-11-02 · basis: non audité - valeur déclarée au bilan / valeur réalisable estimée en cas de faillite; trustee states it makes no representation and cannot assure the financial information is accurate · scope: entity - 173838 Canada Inc. only · currency: CAD · total assets: 10000 · total liabilities: 215192
- unsecured creditorsnote: Document names no individual creditors; trustee states it cannot yet confirm accuracy of the list pending proofs of claim ('nous ne pouvons pas, en ce moment, déterminer l'exactitude de ladite liste'); estimated Crown claim of $24,000 included within this total per para 21 dividend analysis. · page: 17 · as of: 2022-10-26 · basis: Selon la liste des créanciers (bilan statutaire) - as reported, unaudited · amount: 215192 · debtor: 173838 Canada Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: plan · quote: nous sommes d'avis que les créanciers ordinaires recevraient un dividende de 21% dans l'éventualité où la Proposition serait acceptée · pct of: unstated · outcome: distribution · pct low: 21 · pct high: 21 · class key: unsecured · stated by: proposal_trustee · class label: créanciers ordinaires · claims amount: 191192 · interim final: unstated · claims qualifier: listed; basis: liquidation_alternative · quote: comparativement à un scénario de faillite dans lequel la somme disponible aux créanciers ordinaires serait nulle · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: créanciers ordinaires · claims amount: 191192 · interim final: unstated · claims qualifier: listed · stated on: 2022-11-02 · table missing:
- secured creditors