Coquitlam Express Autobody Ltd.
Follow- Proceeding
- Bankruptcythe Bankruptcy and Insolvency Act
- File
- 11-3125828
Coquitlam Express Autobody Ltd. made an assignment in bankruptcy effective September 9, 2024 under the Bankruptcy and Insolvency Act, with MNP Ltd. as Licensed Insolvency Trustee (Supreme Court of British Columbia, file 11-3125828). The Statement of Affairs reported Other Property of $1.00, being residual funds from a receivership, and the Trustee does not expect assets to be available to unsecured creditors after priority and secured claims. Claims filed with the Trustee total $4,976,581.07 against the Statement of Affairs total of $2,921,990.29, with secured filed claims of $4,636,441.45. The Canada Revenue Agency has filed a deemed trust claim of $209,535.55, ranking in priority to all other creditors, and an unsecured claim of $328,688.64. The Trustee is corresponding with registered secured parties, among them Bank of Montreal, Royal Bank of Canada, RCAP Leasing Inc. and Color Compass Corporation.
Recorded the Company's assignment in bankruptcy under the Bankruptcy and Insolvency Act effective September 9, 2024, placing the estate with MNP Ltd. as Licensed Insolvency Trustee.
Debtor
Coquitlam Express Autobody Ltd.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) - deemed trust claim · in 926 casesas of date of proof of claim filed — Deemed trust for unremitted payroll deductions — Deemed trust class - ranks in priority to all other creditors; CRA also filed unsecured claim for $328,688.64 for outstanding payroll deductions (see unsecured entry) — debtor: Coquitlam Express Autobody Ltd. | $210K | Trustee's Preliminary Report to Creditors |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditor's package - Notice of First Meeting of Creditors
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Coquitlam Express Autobody Ltd.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/coquitlam-express-autobody-ltd