Greenwood New Brunswick Project Ltd., carrying on business as GWD Christmas Tree Farms

Greenwood New Brunswick Project Ltd., carrying on business as GWD Christmas Tree Farms, was placed into bankruptcy on January 15, 2020, at 07:55, on the application of Patrick Underwood, under section 43(9) of the Bankruptcy and Insolvency Act. Grant Thornton Limited is trustee of the estate, in the Court of King's Bench of New Brunswick, court file no. 24731. The sworn Statement of Affairs reports total assets of $28,300.00, consisting of four parcels of New Brunswick real property (Cross Creek, Siegas, Sunpoke and Woodlands), against total liabilities of $11,906.66, a surplus of $16,393.34, with no secured creditors listed. Patrick Underwood is also listed as an unsecured creditor for $11,797.66; nearly all other unsecured creditors, including the Canada Revenue Agency and the New Brunswick Department of Finance, are listed at a nominal $1.00.