478152 Alberta Ltd New Adventure Trucking

478152 Alberta Ltd., operating as New Adventure Trucking, has been in bankruptcy in Alberta since 22 February 2018 under section 49 of the Bankruptcy and Insolvency Act, court file 24-2347740, with MNP Ltd. as trustee. The Statement of Affairs (Form 78) as at the date of bankruptcy puts total assets at $333,429.37 against total liabilities of $984,252.85, a stated deficiency of $650,823.48, with unsecured creditors of $697,251.85 and secured claims of $287,001.00. The largest unsecured claims are LBC Capital at $299,546.22, BMO Bank of Montreal at $101,352.24 and De Lage Landen Financial Services Canada Inc at $73,612.51. Secured claims are held by CRA's Winnipeg Tax Services Office and by Tyler Stone, a related party. The proceeding remains active.