Dechen Limited Partnership and Dechen GP Corporation

Dechen Limited Partnership and Dechen GP Corporation are in Division I proposal proceedings under s. 50.4 of the Bankruptcy and Insolvency Act, commenced on 17 May 2017 in the Court of King's Bench of Alberta under file numbers 24-2252839 and 24-2252841. The proceedings remain active. Each debtor filed a list of creditors with claims of $250 or more, and the two lists are largely parallel: Royal Bank of Canada is shown as an unsecured creditor of each in the amount of $2,300,164; Caterpillar Financial Services Ltd. at $850,000; Bluewave Energy Ltd. at $511,685.24; Latium Fleet Management Inc. at $362,005.84; and Finning Canada at $345,686.38. The Workers' Compensation Board of Alberta is listed against both at $23,698.42. Dechen GP Corporation's list carries a stated total of $7,149,466.70.