3 Creditor 3 Address 3 3,708.80 4 Creditor 4 Address 4 279.37 5 Creditor 5 Address 5 297.65 6 Creditor 6 Address 6 258.72 7 Creditor 7 Address 7 177.03 8 Creditor 8 Address 8 500,000.00 9 Creditor 9 Address 9 2,875.00 10 Creditor 10 Address 10 342.42 11 Creditor 11 Address 11 62,335.00 13 Creditor 12 Address 12 28,975.00 Creditors 13 to 331 1,641,060.41 …. …. 332 Creditor 332 Address 332 87,521.00 333 Creditor 333 Address 333 360.00 Total: 2,328,302 List "B" Secured Creditors SL Furniture Ltd. No. Name When Given Amount of Claim Estimated of Security Estimated Surplus from Balance of ($) ($) ($) Claims Security ($) Unsecured - - 1 Canada Revenue Agency (Source Deductions) 92,350.00 92,350.00 Address 1 2 ABC Finance Company 650,000 400,000 250,000 - Address 1 250,000 3 DEF Finance Company 475,000 225,000 Address 1 142,800 4 GHI Finance Company 392,800 250,000
3 Creditor 3 Address 3 3,708.80 4 Creditor 4 Address 4 279.37 5 Creditor 5 Address 5 297.65 6 Creditor 6 Address 6 258.72 7 Creditor 7 Address 7 177.03 8 Creditor 8 Address 8 500,000.00 9 Creditor 9 Address 9 2,875.00 10 Creditor 10 Address 10 342.42 11 Creditor 11 Address 11 62,335.00 13 Creditor 12 Address 12 28,975.00 …. Creditors 13 to 331 …. 1,641,060.41 332 Creditor 332 Address 332 87,521.00 333 Creditor 333 Address 333 360.00 Total: 2,328,302 List "B" Secured Creditors SL Furniture Ltd. No. Name When Given Amount of Claim ($) Estimated of Security ($) Estimated Surplus from Security ($) Balance of Claims Unsecured ($) 1 2 3 4 Canada Revenue Agency (Source Deductions) Address 1 ABC Finance Company Address 1 DEF Finance Company Address 1 GHI Finance Company 92,350.00 650,000 475,000 392,800 92,350.00 400,000 225,000 250,000 - - - 250,000 250,000 142,800
Commercial-Bankuptcy-Teaching-Case-Study-SL-Furniture-September-2015.docx