Proceedings.

Lucky 5 Enterprises Ltd.

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Active
Proceeding
Bankruptcysection 16(1) of the Bankruptcy & Insolvency Act
File
B150897
Filings held4
Last activity3 Nov 2015
On the record3,983 days
Secured debt$196K
OverviewSummary updated

Lucky 5 Enterprises Ltd. has been in bankruptcy since 26 October 2015, in proceedings brought by FactorBank AG under the BIA in the Supreme Court of British Columbia, court file B150897, with The Bowra Group Inc. as trustee in bankruptcy. The trustee has been unable to obtain the company's books and records and no statement of affairs was prepared; it believes there are no company assets to realize upon and expects no recovery for creditors. Secured claims reported include National Leasing at $117,000 and LiftCapital Corporation at $196,000, both against equipment whose whereabouts are unknown, as is that of equipment securing Blueshore Leasing. CRA payroll withholdings are asserted as a deemed trust ranking ahead of all creditors, with employee WEPP claims ranking next. Unsecured trade creditors identified from unclaimed mail total $5,237,591, plus landlord arrears of $22,591. The proceeding remains active.

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Case updates4 dated entries
Parties

Debtor

Lucky 5 Enterprises Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 3 named without a figure
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Employees - WEPP · in 7 casesCurrent Assets — Estimated claim unknown; WEPP claim ranks ahead of all creditors except CRA deemed trust claim — debtor: Lucky 5 Enterprises Ltd.Trustee's Report to Creditors
3Deemed trusts (CRA and other)CRA - Payroll WithholdingsCurrent Assets — Estimated claim unknown; deemed trust claim ranking ahead of all creditors — debtor: Lucky 5 Enterprises Ltd.Trustee's Report to Creditors
4SecuredLiftCapital Corporation · in 9 casesas of estimated claim as reported — Equipment — Amount in $000's per table; whereabouts of secured equipment unknown — debtor: Lucky 5 Enterprises Ltd.$196KTrustee's Report to Creditors
4SecuredNational Leasing · in 21 casesas of estimated claim as reported — Equipment — Amount in $000's per table; whereabouts of secured equipment unknown — debtor: Lucky 5 Enterprises Ltd.$117KTrustee's Report to Creditors
4SecuredBlueshore Leasing · in 2 casesEquipment — Estimated claim unknown; whereabouts of secured equipment unknown — debtor: Lucky 5 Enterprises Ltd.Trustee's Report to Creditors
8UnsecuredUnsecured trade creditors (aggregate as reported) · in 8 casesDocument names no individual creditors; excludes amounts that may be owing to CRA for GST — debtor: Lucky 5 Enterprises Ltd.$5.24MTrustee's Report to Creditors
8UnsecuredLandlord (arrears) · in 12 casesdebtor: Lucky 5 Enterprises Ltd.$22.6KTrustee's Report to Creditors

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Documents4 filings
DateDocumentFile
Trustee's Report to Creditors
  • Applicant FactorBank AG
  • Appointee The Bowra Group Inc.
  • Appointee role Trustee in Bankruptcy
  • Commencement date 26 October 2015
  • + 5 more extracted facts
PDF
First Meeting of Creditor's PackagePDF
Bankruptcy Order
  • Applicant FactorBank AG
  • Appointee The Bowra Group
  • Appointee role Trustee
  • Commencement date 26 October 2015
  • + 3 more extracted facts
PDF
Certificate of Filing a Bankruptcy OrderPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Lucky 5 Enterprises Ltd.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/lucky-5-enterprises-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/lucky-5-enterprises-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.