#Report
Trustee's report set the bankruptcy at May 22, 2024, 12:35 and reported nil assets, $1,368,663 in liabilities and no known secured claims.
Source: Certificate of Appointment
Peerplays Blockchain Standards Association
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 45797
Filings held3
Last activity22 May 2024
On the record852 days
OverviewSummary updated
Peerplays Blockchain Standards Association, a Nova Scotia non-profit, made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on May 22, 2024, with BDO Canada Limited appointed licensed insolvency trustee and Trustee in Bankruptcy under file no. 45797. The Statement of Affairs shows no assets against liabilities of $1,368,663, leaving a deficiency to unsecured creditors of the same amount; asset values reflect net book values as at September 30, 2023 taken from the Association's internal records, which are unaudited and unverified by BDO. The trustee states it is not aware of any secured claims against the Association. The unsecured claims are led by the Canada Revenue Agency at $1,328,663 for HST, characterised as a deemed trust class claim, followed by a $40,000 CEBA loan owing to CIBC. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries · 1 undated
#Claims
Creditors' meeting milestone, dated to commencement: the association filed, or was deemed to have filed, an assignment on 22 May 2024, opening the Nova Scotia proceeding.
Source: Creditors Package
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Parties
Debtor
Peerplays Blockchain Standards Association
Trustee in bankruptcy
BDO
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canada Revenue Agency (CRA) · in 926 casesHST obligation; deemed trust class (CRA quasi-governmental claim) — debtor: Peerplays Blockchain Standards Association · as of 22 May 2024 | $1.33M | Trustee’s Preliminary Report |
1 more claim across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Unsecured creditors: shortfall.EstimatedTrustee’s Preliminary Report · 11 Jun 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | shortfall | Estimatedper the trustee | Trustee’s Preliminary Report · 11 Jun 2024 |
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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents3 filings
| Date | Document | File |
|---|---|---|
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Trustee’s Preliminary Report
| 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., “Peerplays Blockchain Standards Association” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/peerplays-blockchain-standards-association