British Columbia · Bankruptcy
Preliminary Trustee's Report dated July 25, 2024
Court officer report · 25 July 2024
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What we verified from this filing24 verified
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date8 July 2024
- court file no11-3101889
- proceeding typebia_bankruptcy
- provinceBritish Columbia
- statutory basisSection 49 of the Bankruptcy and Insolvency Act
- statutory basisBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- secured creditorspage: 4 · as of: Proof of Claim filed date · amount: 565302.85 · debtor: Interior Beverages Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Three General Security Agreements against all present and after-acquired property, registered June 16, 2017 (Base Reg. 079049K), December 11, 2018 (Base Reg. 205429L), and December 16, 2020 (Base Reg. 657886M)
- secured creditorsnote: No claim filed yet · page: 5 · debtor: Interior Beverages Ltd. · creditor: Nissan Canada Financial Services Inc. · currency: CAD · security: Security over 2018 Nissan NV 200 (VIN 3N6CM0KN0JK695906) registered August 13, 2018, Base Reg. 953878K
- secured creditorsnote: No claim filed yet · page: 5 · debtor: Interior Beverages Ltd. · creditor: Nissan Canada Inc. · currency: CAD · security: Security over 2021 Nissan NV 200 (VIN 3N6CM0KN2MK709356) registered August 3, 2021, Base Reg. 149913N
- secured creditorspage: 5 · as of: Proof of Claim filed date · amount: 48328.62 · debtor: Interior Beverages Ltd. · creditor: Community Futures Development Corporation of Central Okanagan · currency: CAD · security: General Security Agreement against all present and after-acquired property, registered April 12, 2019, Base Reg. 432756L
- secured creditorsnote: None of TDF, CWB, Bodkin, Nissan Financial, Nissan Canada, or Metro (except as noted) have filed claims as of report date; aggregated per serialized-equipment financier rule · page: 6 · debtor: Interior Beverages Ltd. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized equipment/vehicle security registrations: TDF Group Inc. (six vehicles, various 2019-2021 registrations); CWB National Leasing Inc. (restaurant equipment/frozen beverage dispensers, agreement 2999894, Base Reg. 568692L); Bodkin, a division of Bennington Financial Corp. (all present and future equipment, lease 50009229, Base Reg. 106577M, registered March 9, 2020); Metro Leasing Corp. (multiple vehicles registered 2021-2022); Polaris Leasing Ltd. (2020 Ford Transit, Base Reg. 690585N); Vault Credit Corporation (2020 Ford Transit, Base Reg. 704616N)
- secured creditorsnote: No claim filed yet; included in PPSA equipment financiers aggregate entry · page: 6 · debtor: Interior Beverages Ltd. · creditor: TDF Group Inc. · currency: CAD · security: Security over six vehicles (2019 Ram Promaster x2, 2017 Chevrolet Express, 2017 Dodge Grand Caravan, 2019 Ford E-Series Cutaway, 2016 Hino 338), registered 2019-2021
- secured creditorsnote: No claim filed yet; included in PPSA equipment financiers aggregate entry · page: 6 · debtor: Interior Beverages Ltd. · creditor: CWB National Leasing Inc. · currency: CAD · security: Security over restaurant equipment and frozen beverage dispensers, agreement 2999894, Base Reg. 568692L
- secured creditorsnote: Included in PPSA equipment financiers aggregate entry · page: 6 · debtor: Interior Beverages Ltd. · creditor: Bodkin, a division of Bennington Financial Corp. · currency: CAD · security: Security over all present and future equipment, lease agreement 50009229, registered March 9, 2020, Base Reg. 106577M
- secured creditorsnote: No claims filed yet on vehicle security; blanket GSA registrant also treated as individual entry · page: 6 · debtor: Interior Beverages Ltd. · creditor: Metro Leasing Corp. · currency: CAD · security: Security over multiple vehicles (2021 Toyota 8HBW23, 2020 Nissan NV200, 2013 Kia Soul, 2009 Infiniti FX35); also holds a General Security Agreement against all present and after-acquired property
- secured creditorspage: 7 · as of: Proof of Claim filed date · amount: 32145.68 · debtor: Interior Beverages Ltd. · creditor: Polaris Leasing Ltd. · currency: CAD · security: Security over 2020 Ford Transit T250 Cargo (VIN 1FTBR1C87LK56938) registered April 22, 2022, Base Reg. 690585N
- secured creditorsnote: No claim filed yet · page: 7 · debtor: Interior Beverages Ltd. · creditor: Vault Credit Corporation · currency: CAD · security: Security over 2020 Ford Transit T250 Cargo (VIN 1FTBR2C80LKB63221) registered May 3, 2022, Base Reg. 704616N; also holds a General Security Agreement against all present and after-acquired property
- secured creditorspage: 7 · debtor: Interior Beverages Ltd. · creditor: 9859870 Canada Inc. · currency: CAD · security: General Security Agreement against all present and after-acquired property, registered August 9, 2023, Base Reg. 715254P
- secured creditorspage: 7 · debtor: Interior Beverages Ltd. · creditor: Receivables Management Office – Cynthia Sylvester (Ministry of Finance) · currency: CAD · security: General Security Agreement against all present and after-acquired property, registered September 25, 2023, Base Reg. 809271P
- secured creditorsnote: Deemed trust priority claim; Statement of Affairs listed priority claim of $727,573.38 (prose approximation, see note) · page: 7 · as of: Deemed Trust claim filed date · amount: 424240.73 · debtor: Interior Beverages Ltd. · creditor: Canada Revenue Agency · currency: CAD · security: Deemed trust claim
- secured creditorsnote: Maximum of $2,000 per employee; obligations understood to have been assigned to iBev as part of the transaction · page: 7 · amount: 2000 · debtor: Interior Beverages Ltd. · creditor: Service Canada (Wage Earner Protection Program administrator) · currency: CAD · security: Statutory super-priority security for unpaid wages/vacation pay over current assets pursuant to s.81.3 BIA
- unsecured creditorsnote: Document names no individual unsecured creditors; approximately $1,655,002.14 per SOA. As at report date, Trustee had received 10 total claims totalling approximately $1,407,136.90 (proofs filed, not yet adjudicated) · page: 8 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 1655002.14 · debtor: Interior Beverages Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD