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Mackinnon 

Trustee Update - March 4, 2013
 
Notice has been sent that the Trustee will be applying for its discharge on April 18, 2013.  Notice of any objections to the Trustee's discharge must be filed with the court and a copy served on the Trustee by no later than March 18, 2013.  A copy of the notice is included below as "Form 11 Notice" in the Proposal documents section below.  Assuming there are no objections, the Trustee anticipates issuing the proposal dividend cheques around March 28, 2013.

 

Trustee Update - February 11. 2013

 

The Trustee has received the Court's endorsement with respect to the Trustee's application on January 8, 2013. The Court has agreed with the Trustee. We are awaiting the revised proof of claim from the creditor and expect to be in a position to pay the proposal dividend around the beginning of March 2013.

 

Trustee Update - December 17, 2012

 

The Trustee's application for advice and direction has been adjourned to January 8, 2013 in London.

 

Trustee Update - December 13, 2012

 

The Trustee has made an application to court for advice and direction regarding the valuation of the claim filed by Trailer Wizards Ltd.  The motion is set for December 18, 2012 but we understand that there may be a request to have the motion adjourned to a later date.  We will update this website once a court date is confirmed for the hearing.  The motion materials are below in six parts labeled as "Motion Record Dec 18".

 

Trustee Update - November 1, 2012


The hearing of the disputed claim has been delayed and did not occur on October 31.  The Trustee will continue to try to have the situation resolved as quickly as possible.  There is no new date for a hearing set at this time.

 

Trustee Update - September 28, 2012

 

Although we were hoping to be in a position to start to make the proposal payments by now, there are certain claims that are in dispute.  One of these disputed claims appears to require Court attendance to resolve.  A Court date to hear the dispute has not as yet been set.  As the proposal payment to creditors is based on a pro-rata share of the dividend pool, no payments can be made until all claims are resolved.  Therefore, the estate is on hold until these claims are resolved.  The Trustee will post further updates once further information is available.

 

Trustee Update - June 27, 2012

 

The Court has approved the MTI proposal.  A copy of the approval order is posted below.  A copy of the order approving the claims bar date of Thursday, July 26, 2012 is also attached below.  Accordingly, all creditors who have a claim in the MTI proposal MUST file their claims with the Trustee by no later than 5PM, Thursday, July 26, 2012 (the "Claims Bar Date").  Any creditor who does not file a claim by the Claims Bar Date will be forever barred from filing a claim with regards to any indebtedness owing by MTI prior to the filing date of December 16, 2011.

 

Trustee Update - June 4, 2012

 

The meeting of creditors was held on June 1, 2012 to consider the proposal.  The statutory majority required to pass the proposal was obtained.

 

The proposal has been amended to reflect that the amount of the unsecured claims of related parties will be extinguished upon successful completion of the proposal.  A copy of the amended proposal is attached below in the Proposal documents section as "Amended Proposal".

 

The Trustee will be applying to Court on Tuesday, June 26, 2012 at 10AM at the London Court, 451 Talbot Street, London, Ontario for the approval of the Proposal.  A notice of the Court hearing has been sent to all proven creditors.  A copy of the Notice is below in the Proposal documents section as "Notice of Hearing".

 Court Materials and Orders

DistributionOrder.pdf
DistributionOrderUse SHIFT+ENTER to open the menu (new window).
166 KB
Initial-Filing-Order-December-16-2011.pdf
Initial-Filing-Order-December-16-2011Use SHIFT+ENTER to open the menu (new window).
163 KB
MacKinnon-Court-Order-Feb-28-12.pdf
MacKinnon-Court-Order-Feb-28-12Use SHIFT+ENTER to open the menu (new window).
150 KB
MacKinnon-Feb-28-12-Motion-Record-Part1.pdf
MacKinnon-Feb-28-12-Motion-Record-Part1Use SHIFT+ENTER to open the menu (new window).
4075 KB
MacKinnon-Feb-28-12-Motion-Record-Part2.pdf
MacKinnon-Feb-28-12-Motion-Record-Part2Use SHIFT+ENTER to open the menu (new window).
3918 KB
MacKinnon-Feb-28-12-Motion-Record-Part3.pdf
MacKinnon-Feb-28-12-Motion-Record-Part3Use SHIFT+ENTER to open the menu (new window).
4097 KB
Motion-Record-Dec-18-Tab-2.pdf
Motion-Record-Dec-18-Tab-2Use SHIFT+ENTER to open the menu (new window).
94 KB
Motion-Record-Dec-18-Tab-3.pdf
Motion-Record-Dec-18-Tab-3Use SHIFT+ENTER to open the menu (new window).
713 KB
Motion-Record-Dec-18-Tab-4.pdf
Motion-Record-Dec-18-Tab-4Use SHIFT+ENTER to open the menu (new window).
84 KB
Motion-Record-Dec-18-Tab-5-Part-1.pdf
Motion-Record-Dec-18-Tab-5-Part-1Use SHIFT+ENTER to open the menu (new window).
2924 KB
Motion-Record-Dec-18-Tab-5-Part-2.pdf
Motion-Record-Dec-18-Tab-5-Part-2Use SHIFT+ENTER to open the menu (new window).
4280 KB
Motion-Record-December-16-2011.pdf
Motion-Record-December-16-2011Use SHIFT+ENTER to open the menu (new window).
3213 KB
Motion-Record-Jan-11-12.pdf
Motion-Record-Jan-11-12Use SHIFT+ENTER to open the menu (new window).
6080 KB
Motion-Record-Returnable-December-18-2012.pdf
Motion-Record-Returnable-December-18-2012Use SHIFT+ENTER to open the menu (new window).
82 KB
Motion-Record-Supplemental-Jan-11-2012.pdf
Motion-Record-Supplemental-Jan-11-2012Use SHIFT+ENTER to open the menu (new window).
1509 KB
MTI-Apr-10-12-Court-Order.pdf
MTI-Apr-10-12-Court-OrderUse SHIFT+ENTER to open the menu (new window).
118 KB
MTI-Apr-10-12-MotionRecord.pdf
MTI-Apr-10-12-MotionRecordUse SHIFT+ENTER to open the menu (new window).
2286 KB
MTI-Apr-10-12-SupplementalMotionRecord.pdf
MTI-Apr-10-12-SupplementalMotionRecordUse SHIFT+ENTER to open the menu (new window).
1473 KB
MTI-Apr-17-2012-sale-order.pdf
MTI-Apr-17-2012-sale-orderUse SHIFT+ENTER to open the menu (new window).
617 KB
MTI-Claims-Bar-Order-of-June-27-12.pdf
MTI-Claims-Bar-Order-of-June-27-12Use SHIFT+ENTER to open the menu (new window).
113 KB
MTI-proposal-approval-order.pdf
MTI-proposal-approval-orderUse SHIFT+ENTER to open the menu (new window).
799 KB
PartnerCarrierClaimsProcessOrder.pdf
PartnerCarrierClaimsProcessOrderUse SHIFT+ENTER to open the menu (new window).
310 KB
StayExtensionOrder.pdf
StayExtensionOrderUse SHIFT+ENTER to open the menu (new window).
116 KB
VestingOrder.pdf
VestingOrderUse SHIFT+ENTER to open the menu (new window).
583 KB

 Trustee Report

MacKinnon-2nd-Trustee-report.pdf
MacKinnon-2nd-Trustee-reportUse SHIFT+ENTER to open the menu (new window).
376 KB
MacKinnon-supplemental-report.pdf
MacKinnon-supplemental-reportUse SHIFT+ENTER to open the menu (new window).
49 KB
McKinnon-FirstCrtRep-ProposalTrustee.pdf
McKinnon-FirstCrtRep-ProposalTrusteeUse SHIFT+ENTER to open the menu (new window).
475 KB
MTI-Form-40-report.pdf
MTI-Form-40-reportUse SHIFT+ENTER to open the menu (new window).
3906 KB
MTI-Trustee's-Third-Report.pdf
MTI-Trustee's-Third-ReportUse SHIFT+ENTER to open the menu (new window).
1603 KB

 Proposal documents

Certificate-Of-Filing-35-1573518.pdf
Certificate-Of-Filing-35-1573518Use SHIFT+ENTER to open the menu (new window).
112 KB
MacKinnon-Creditor-Proposal-Package.pdf
MacKinnon-Creditor-Proposal-PackageUse SHIFT+ENTER to open the menu (new window).
1682 KB
Mackinnon-Transport-Ltd-Form-11-Notice.pdf
Mackinnon-Transport-Ltd-Form-11-NoticeUse SHIFT+ENTER to open the menu (new window).
492 KB
MTI-Amended-Proposal.pdf
MTI-Amended-ProposalUse SHIFT+ENTER to open the menu (new window).
397 KB
MTI-Notice-of-Hearing.pdf
MTI-Notice-of-HearingUse SHIFT+ENTER to open the menu (new window).
20 KB

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Janet Miceli

(905) 523-8200

jmiceli@kpmg.ca