Peerplays Blockchain Standards Association
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 45797
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.
Undated filings1 — no date appears on the document · show
Debtor
Peerplays Blockchain Standards Association
Trustee in bankruptcy
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canada Revenue Agency (CRA) · in 985 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 |
| Unsecured |
1 more claim in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured 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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| 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 4 November 2026, https://proceedings.ca/case/peerplays-blockchain-standards-association