This costs endorsement arose from the non-cooperation of Tim Long Chang, the sole officer of the bankrupt Accountable Solutions Accounting Professional Corporation (ASAPC), with the trustee, Albert Gelman Inc. Mr. Chang failed to provide required financial documents and attend creditor meetings, necessitating a motion to compel his examination under oath pursuant to s. 163 of the Bankruptcy and Insolvency Act.
Justice Hainey initially ordered compliance and examination, with costs to be determined by the hearing judge.
Master Kaufman, Registrar in Bankruptcy, found Mr. Chang's failure to comply was due to his blaming the trustee for the bankruptcy.
The motion and examination were deemed necessary.
Costs were awarded to the trustee, payable by Mr. Chang, in the amount of $11,000, after reductions for estimated counsel fees and hours related to a separate examination.