Factor Gas Liquids Inc.
FollowActive
- Proceeding
- Proposalsections 58 and 60(5) of the BIA
- File
- 25-3224073
Filings held9
Last activity25 Jul 2025
On the record494 days
OverviewSummary updated
Factor Gas Liquids Inc. filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on May 15, 2025, the filing date, with Grant Thornton Limited acting as Licensed Insolvency Trustee before the Court of King's Bench of Alberta under court file number 25-3224073. The company then filed its proposal, dated June 13, 2025, under sections 58 and 60(5) of the BIA. The matter remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates9 dated entries
#Filing
Factor filed its proposal, dated June 13, 2025, under sections 58 and 60(5) of the Bankruptcy and Insolvency Act.
#Filing
Factor Gas Liquids Inc. filed a notice of intention to make a proposal under section 50.4(1) of the BIA on May 15, 2025.
Source: Application Filed July 14,2025
Parties
Debtor
Factor Gas Liquids Inc.
Proposal trustee
Doane Grant Thornton
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Plains Midstream Canada ULCas of NOI filing date — debtor: Factor Gas Liquids Inc. | $2.09M | Notice to Creditors dated May 15, 2025 |
| Unsecured | BNV Holdings Ltd.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $2.09M | Notice to Creditors dated May 15, 2025 |
| Unsecured | Factor Energy (U.S.) Incas of NOI filing date — possible related party (similar corporate name) — debtor: Factor Gas Liquids Inc. | $1.4M USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | BP Products North Americaas of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.35M USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Pembina Infrastructure and Logistics LPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.28M USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Solar Gas Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.14M USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Cenovus Energy Inc. · in 6 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $613K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Kiros Energy Marketingas of NOI filing date — debtor: Factor Gas Liquids Inc. | $530K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | AltaGas Extraction and Transmissionas of NOI filing date — debtor: Factor Gas Liquids Inc. | $436K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Enterprise Products Operating LLCas of NOI filing date — debtor: Factor Gas Liquids Inc. | $399K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Gunvor USA LLCas of NOI filing date — debtor: Factor Gas Liquids Inc. | $362K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | CSX Transportation Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $305K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Imperial Oil · in 29 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $262K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Pembina Infrastructure and Logistics LPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $227K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Canadian National Railway Company · in 3 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $195K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Growmark, Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $177K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Orca Pacific Terminal LPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $155K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Eastern Gathering & Processing, Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $143K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Alliance Energy Servicesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $131K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Burlington Northern and Santa Fe Railway Companyas of NOI filing date — debtor: Factor Gas Liquids Inc. | $131K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Union Pacific Railroad Companyas of NOI filing date — debtor: Factor Gas Liquids Inc. | $120K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Quorum E1 Mosaic Software Corporationas of NOI filing date — debtor: Factor Gas Liquids Inc. | $83K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Mid-Continent Fractionation & Storageas of NOI filing date — debtor: Factor Gas Liquids Inc. | $68.8K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Canadian National Railway Company · in 3 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $68.2K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Nova Chemicals (Canada) Limitedas of NOI filing date — debtor: Factor Gas Liquids Inc. | $32.4K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Rocky Mountain Clean Fuels Incas of NOI filing date — debtor: Factor Gas Liquids Inc. | $28.3K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Canadian Pacific Railway Company · in 8 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $27.3K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Blue Rock Law LLPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $26.7K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Franchise Tax Boardas of NOI filing date — California state tax authority — debtor: Factor Gas Liquids Inc. | $22K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Norfolk Southern Railway Companyas of NOI filing date — debtor: Factor Gas Liquids Inc. | $17.3K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | CRA - Tax - Prairies · in 86 casesas of NOI filing date — Canada Revenue Agency claim; deemed trust class potential — debtor: Factor Gas Liquids Inc. | $16.1K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Dentons Canada LLP · in 30 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $12.5K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Kilpatrick, Townsend & Stockton LLPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $9.33K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Northern Resource Trucking Limited Partnershipas of NOI filing date — debtor: Factor Gas Liquids Inc. | $7.74K | Notice to Creditors dated May 15, 2025 |
| Unsecured | CIT Group/Equipment Financing, Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $4.67K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Concur by SAPas of NOI filing date — debtor: Factor Gas Liquids Inc. | $4.38K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Amsted Digital Solutions, Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $3.41K | Notice to Creditors dated May 15, 2025 |
| Unsecured | PACE Technical Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $2.94K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Oilking Services Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $2.78K | Notice to Creditors dated May 15, 2025 |
| Unsecured | Procor Limited · in 2 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $2.17K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Wheeling and Erie Railway Companyas of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.95K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | ICE US OTC Commodity Markets, LLCas of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.6K USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Canadian Pacific Railway Company · in 8 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $1.09K | Notice to Creditors dated May 15, 2025 |
| Unsecured | EnviroShred Inc. · in 6 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $937 | Notice to Creditors dated May 15, 2025 |
| Unsecured | A.N. Deringer, Inc. · in 3 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $897 USD | Notice to Creditors dated May 15, 2025 |
| Unsecured | Cogeco Cable Canada LP · in 3 casesas of NOI filing date — debtor: Factor Gas Liquids Inc. | $678 | Notice to Creditors dated May 15, 2025 |
| Unsecured | LexisNexis Canada Inc.as of NOI filing date — debtor: Factor Gas Liquids Inc. | $583 | Notice to Creditors dated May 15, 2025 |
| Unsecured | Manleys Limitedas of NOI filing date — debtor: Factor Gas Liquids Inc. | $346 | Notice to Creditors dated May 15, 2025 |
| Unsecured | Samantha Whyteas of NOI filing date — individual creditor — debtor: Factor Gas Liquids Inc. | $342 | Notice to Creditors dated May 15, 2025 |
| Unsecured | Atlas Commodities, LLCas of NOI filing date — debtor: Factor Gas Liquids Inc. | $300 USD | Notice to Creditors dated May 15, 2025 |
RecoveriesAs stated in the filings
Unsecured creditors: 27.5–78.2 %.Under the plan · vote pendingReport of the Trustee on Proposal · 23 Jun 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planvote pendingper the proposal trustee | Report of the Trustee on Proposal · 23 Jun 2025 |
| Unsecured | — | — | 27.5–78.2 % | Under the planvote pendingper the proposal trustee | Report of the Trustee on Proposal · 23 Jun 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
Documents
9 filings
| Date | Document | File |
|---|---|---|
Application Filed July 14,2025
| ||
Report of the Trustee on Proposal
| ||
| Affidavit of Mailing | ||
| Notice to Creditors dated June 23, 2025 | ||
Certificate of Filing dated June 13, 2025
| ||
| Statement of Affairs | ||
Certificate of Filing dated May 15, 2025
| ||
Notice to Creditors dated May 15, 2025
| ||
| Proposal | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Factor Gas Liquids Inc.” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/factor-gas-liquids-inc