Autostrada Hospitality (Main St.) Ltd. & Autostrada Hospitality (Downtown) Ltd.

Autostrada Hospitality (Main St.) Ltd. and Autostrada Hospitality (Downtown) Ltd. remain in active insolvency proceedings begun by a notice of intention filed 22 July 2024, under court file B-240184 in the Supreme Court of British Columbia in Bankruptcy and Insolvency. Relief is framed under sections 59(1), 59(2) and 60(5) of the Bankruptcy and Insolvency Act. The companies' list of creditors with claims of $250 or more records TD Canada Trust holding a $18,225.96 line-of-credit account and a $20,920.00 Visa account, both care of FCT Default Solutions, and unsecured claims including Riley Park Development at $138,014.77, $40,000.00 CEBA loans owing to each of Scotiabank and Vancity Credit Union, Goal Vision Ltd. at $15,360.00 and Achieve CPA LLP at $10,000.00, alongside GST, PST and Employer Health Tax claims. A trustee's rounded statement of estimated realization puts total receipts under a proposal at $164,222, against general creditor claims sharing pro rata of $304,587 under a proposal, compared with $220,401 for Downtown and $250,221 for Main St. in bankruptcy.