Proceedings.

Highland Helicopters Ltd.

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Active
Proceeding
BankruptcySection 49 of the Bankruptcy & Insolvency Act
File
Estate No. 11-2703797
Filings held7
Last activity12 Apr 2023
On the record2,076 days
Secured debtSubscribers
OverviewSummary updated

Highland Helicopters Ltd. has been in bankruptcy since 14 January 2021, when it made an assignment under section 49 of the Bankruptcy & Insolvency Act in the District of British Columbia under Estate No. 11-2703797. Grant Thornton Limited acts as trustee. The trustee's estimated list of creditors, as at the insolvency date, records secured claims of $803,287.68, unsecured claims of $6,325,409.68 and a grand total of $7,128,697.36. Awsam Services Inc. and Executive Air Craft Ltd. are each listed as secured creditors for $401,643.84. The largest unsecured entries are aggregate aircraft lease claims of $4,500,000, an aggregate employee statutory severance claim of $675,000, BMG Insurance Brokers at $571,029.90, aggregate property lease claims of $440,000 and Standard Aero Limited at $48,942.69, alongside dozens of trade, utility, municipal and employee creditors. The estate remains active.

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Case updates7 dated entries

4 earlier updates, back to 14 January 2021 subscribers.

Parties

Debtor

Highland Helicopters Ltd.

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredExecutive Air Craft Ltd.as of Insolvency Date: 2021-01-14 — Estimated claim amount as listed by Trustee — debtor: Highland Helicopters Ltd.$402KCreditors Package.pdf

179 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cash on hand

$1.38M

As at 2 Feb 2021Trustee's Preliminary Report - February 2, 2021.pdf

1 more reported figure, as at 2 Feb 2021

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Documents7 filings
DateDocumentFile
Creditor Status Update dated April 12, 2023PDF · Subscribers
Creditor Status Update dated July 27, 2022PDF · Subscribers
Creditor Status Update dated March 14, 2022PDF · Subscribers
Creditor Status Update - August 17, 2021.pdfPDF · Subscribers
Trustee's Preliminary Report - February 2, 2021.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee
  • Commencement date 14 January 2021
  • Cash on hand Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Creditors Package.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee in bankruptcy
  • Court file no 11-2703797
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Proof of Claim and Proxy Form and Instructions.pdf
  • Commencement date 14 January 2021
  • Court file no 11-2703797
  • Province British Columbia
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., “Highland Helicopters Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/highland-helicopters-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/highland-helicopters-ltd

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.