Adam's Lake Towing Ltd.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 11-3233082
Adam's Lake Towing Ltd. made a voluntary assignment in bankruptcy under the Bankruptcy and Insolvency Act effective June 6, 2025, commencing proceedings in the Supreme Court of British Columbia. The assignment was made by the company itself rather than on a creditor's application. A report of a court officer filed the same date records the assignment and its effective date. The bankruptcy remains active. The record before the page does not disclose the company's assets, liabilities or creditor claims, and no further steps in the administration have been reported to date.
Court officer's report recorded that the company had made a voluntary assignment in bankruptcy under the BIA, effective June 6, 2025.
Debtor
Adam's Lake Towing Ltd.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Ministry of Finance - PST - British Columbia (Provincial Government) · in 56 casesSecured against asset no. 1301 (accounts receivable - debts due from related company); Statement of Affairs lists this as a PST claim, 'date given/incurred' 08-Mar-2018 — Provincial sales tax (PST) claim; total amount of claim shown as $3,110.39 with estimated surplus/deficit from security of $24,186.80 — debtor: Adams Lake Towing Ltd. · as of 8 Mar 2018 | $3.11K | Notice of Bankruptcy |
| 4 | Secured | Tekamar Mortgages Ltd.Registered against assets 801, 802, 803 (Barge, Loraine 32' Crawler Crane, 31' Steel Diesel Tugboat); 'date given/incurred' 03-Dec-2010 — Statement of Affairs lists both the secured amount and total amount of claim as $1.00, a nominal/placeholder figure; estimated surplus from security shown as $54,999.00 — debtor: Adams Lake Towing Ltd. · as of 3 Dec 2010 | $1 | Notice of Bankruptcy |
| 8 | Unsecured | CRA - Tax - Surrey National Verification and Collection CentreCRA claim - deemed trust class quasi-governmental indebtedness — debtor: Adams Lake Towing Ltd. · as of 4 Jun 2025 | $240K | Notice of Bankruptcy |
| 8 | Unsecured | Bruce Donald Brownedebtor: Adams Lake Towing Ltd. · as of 4 Jun 2025 | $8K | Notice of Bankruptcy |
| 8 | Unsecured | Michael Aldoffdebtor: Adams Lake Towing Ltd. · as of 4 Jun 2025 | $1 | Notice of Bankruptcy |
As at 4 Jun 2025 · per Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · Adams Lake Towing Ltd. (single entity) — Document reports a Deficiency of $168,926.99 (total liabilities $251,224.18 exceed total assets $82,297.19); a 'Surplus' line on page 3 shows the same figure (168,926.99) but the Deficiency line confirms this is a shortfall, not a surplus.
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| ||
Notice of Bankruptcy
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Adam's Lake Towing Ltd.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/adams-lake-towing