On June 18, 2021, Sean Frederick McCoshen (the “Debtor”) filed a Notice of Intention to Make a Proposal (“NOI“), pursuant to Section 50 of the Bankruptcy and Insolvency Act (the “Act“). A. Farber & Partners Ltd. (“Farber”) was appointed as Proposal Trustee (the “Proposal Trustee”).
A copy of the Certificate of Filing of a Notice of Intention to Make a Proposal and the Notice to Creditors are posted below.
Following the filing of the NOI, some material adverse changes (“MAC“) occurred and the Proposal Trustee sent a MAC report to all known creditors on July 6, 2021.
A copy of the MAC report can be found below.
On July 19, 2021, the Debtor was deemed to file an assignment in bankruptcy pursuant to s. 50.4(8)(b.1) of the Act. Farber was appointed as Bankruptcy Trustee by the Official Receiver (the “Bankruptcy Trustee”), subject to affirmation by the creditors at the first meeting of creditors which is scheduled via Zoom for August 9, 2021 at 2:00 PM EST.
The Certificate of Assignment, the creditors package and the Trustee’s preliminary report can be found below.
The coordinate details of the Zoom meeting are as follows:
Meeting ID: 834 0202 0929
For creditor enquiries, please contact:
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
- Certificate of Notice of Intention to Make a Proposal – June 21, 2021
- NOI Creditors Package – June 24, 2021
- MAC Report – July 6, 2021