Proceedings.

Coquitlam Express Autobody Ltd., Absolute Auto Ltd., As New Autobody & Glass Ltd., and Spruce Grove Express Autobody Ltd.

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
VLC-S-S-242502
Filings held2
Last activity13 Jun 2024
On the record839 days
Secured debt$4.26M
OverviewSummary updated

Coquitlam Express Autobody Ltd., Absolute Auto Ltd., As New Autobody & Glass Ltd. and Spruce Grove Express Autobody Ltd. have been in court-appointed receivership since June 4, 2024, when the Supreme Court of British Columbia appointed MNP Ltd. as Receiver on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act, in file VLC-S-S-242502. RBC asserts $4,262,938 under a general security agreement, Color Compass Corporation $750,000 against personal property, and the Government of Alberta $10,211 under a vehicle writ of enforcement. Claims of unknown amount are registered by 9859870 Canada Inc., Bank of Montreal, Fraser City Motors Ltd., RCAP Leasing Inc. and the Ministry of Finance BC, the last for an unpaid wages lien. The Receiver has not yet received the Companies' records and holds no appraisal of the assets. The receivership remains active.

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Case updates2 dated entries
#Order

Receivership order made over all four related autobody companies, commencing the proceeding in the Supreme Court of British Columbia under court file no. VLC-S-S-242502.

Source: Receivership Order

Parties

Debtor

Coquitlam Express Autobody Ltd., Absolute Auto Ltd., As New Autobody & Glass Ltd., and Spruce Grove Express Autobody Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 5 named without a figure
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesGeneral Security Agreement — debtor: Companies · as of 4 Jun 2024$4.26MForm 87
SecuredColor Compass Corporation · in 4 casesPersonal Property — debtor: Companies · as of 4 Jun 2024$750KForm 87
SecuredGovernment of Alberta · in 19 casesVehicle Writ of Enforcement — debtor: Companies · as of 4 Jun 2024$10.2KForm 87
SecuredRCAP Leasing Inc. · in 69 casesEquipment — Estimated claim listed as unknown — debtor: Companies · as of 4 Jun 2024Form 87
SecuredFraser City Motors Ltd. · in 4 casesVehicles — Estimated claim listed as unknown — debtor: Companies · as of 4 Jun 2024Form 87
SecuredMinistry of Finance BCUnpaid Wages Lien — Estimated claim listed as unknown — debtor: Companies · as of 4 Jun 2024Form 87
Secured9859870 Canada Inc. · in 6 casesFurniture and Accounts Receivable — Estimated claim listed as unknown — debtor: Companies · as of 4 Jun 2024Form 87
SecuredBank of Montreal · in 279 casesPersonal Property — Estimated claim listed as unknown — debtor: Companies · as of 4 Jun 2024Form 87

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Documents2 filings
DateDocumentFile
Form 87
  • Applicant Royal Bank of Canada
  • Financial position as at 4 Jun 2024 · per Receiver's estimate; no appraisal obtained · Companies (Coquitlam Express Autobody Ltd., Absolute Auto Ltd., As New Autobody & Glass Ltd., Spruce Grove Express Autobody Ltd.) — Estimated amount owed to unsecured creditors is unknown as the Companies' records have not yet been provided to the Receiver; Receiver does not have an appraisal of the Assets and does not know estimated realizable value.
  • Secured creditors Note: Estimated claim listed as unknown · Page: 2 · As of: 2024-06-04 · Debtor: Companies · Creditor: RCAP Leasing Inc. · Currency: CAD · Security: Equipment
PDF
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 4 June 2024
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Coquitlam Express Autobody Ltd., Absolute Auto Ltd., As New Autobody & Glass Ltd., and Spruce Grove Express Autobody Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/coquitlam-express-autobody-et-al

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/coquitlam-express-autobody-et-al

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.