Planet Energy (B.C.) Corp. (Proposal)
Follow- Proceeding
- NOIsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 31-2943168
- Industry
- Energy · Power & utilities
Planet Energy (B.C.) Corp. filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on May 11, 2023, naming Richter Inc. as Licensed Insolvency Trustee and carrying file number 31-2943168 in Ontario. The proceeding is active. The Form 33 list of creditors with claims of $250 or more, drawn from the company's books and records as at the filing date, shows All Communications Network (ACN) of Canada Co. at $35,184,894.00, two separate line items for Shell Energy North America (Canada) at $536,124.00 and $67,096.77, and Shell Energy North America (US) at 4,266.53, against a listed total of $35,792,381.30 for the four items. The list is preliminary, subject to change, and not an acceptance of any claim.
A claims procedure has been established — see the order for deadlines.
Notice of Application of Discharge of Trustee – dated February 20, 2025 — Application / notice of application
Book of Authorities (Motion for the Appointment of an Interim Receiver) – dated June 4, 2023 — Application / notice of application
Responding Factum of Planet Energy (Motion for the Appointment of an Interim Receiver – dated June 4, 2023 — Application / notice of application
Factum of Planet Energy (Motion for Administration Order, Extension of Proposal Period and Approval of Sales Process) – dated June 2, 2023 — Application / notice of application
Motion Record – (Motion for Approval of Sale Process and Administration Order and Extension of Proposal Period – dated May 26, 2023 — Application / notice of application
Notice to Creditors of Notice of Intention to Make a Proposal – dated May 16, 2023 — Notice to creditors
Planet Energy (B.C.) Corp. commenced proceedings under subsection 50.4(1) of the BIA, with Richter Inc. named Licensed Insolvency Trustee under file 31-2943168.
Source: Certificate of Filing of a Notice of Intention to Make a Proposal – dated May 11, 2023
Debtor
Planet Energy (B.C.) Corp. (Proposal)
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 3 orders, Jun 2023 | 244 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantAll Communications Network of Canada, Co | Paliare Roland Rosenberg Rothstein LLP | 14 Jun 2023 | Order · 14 Jun 2023 |
| CreditorAll Communications Network of Canada, Co | Paliare Roland Rosenberg Rothstein LLP | 2 Jun 2023 | Factum · 2 Jun 2023 |
| Creditorunder Proposal | Stikeman Elliott LLP | 4 Jun 2023 | Application · 4 Jun 2023 |
| Creditorunder Proposal, Planet Energy (Ontario) Corp | Stikeman Elliott LLP | 4 Jun 2023 | Application · 4 Jun 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | All Communications Network (ACN) of Canada Co.as of NOI filing date (May 11, 2023) — Amount is as listed on the Form 33 creditor list; currency not stated on the list (CAD assumed). Secured/unsecured status is not stated on the list; listed here as the trustee's general creditor list. — debtor: Planet Energy (B.C.) Corp. | $35.2M | Notice to Creditors of Notice of Intention to Make a Proposal – dated May 16, 2023 |
| Unsecured | |||
| Unsecured | |||
| Unsecured |
3 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Order for Discharge of Trustee – dated June 23, 2025 | PDF · Subscribers | |
| Notice of Application of Discharge of Trustee – dated February 20, 2025 | PDF · Subscribers | |
| Trustee’s Report to the First Meeting of Creditors on Preliminary Administration – dated July 26, 2023 | PDF · Subscribers | |
| Registration Form for the First Meeting of Creditors | PDF · Subscribers | |
| Notice of Bankruptcy, First Meeting of Creditors – dated July 12, 2023 | PDF · Subscribers | |
| Proof of claim | PDF · Subscribers | |
| Second Report of Proposal Trustee – dated June 28, 2023 | PDF · Subscribers | |
| Motion Record – dated June 27, 2023 | PDF · Subscribers | |
Order (Appointing Interim Receiver) – dated June 14, 2023
| PDF · Subscribers | |
Order (Extension of Stay and Administration Order) – dated June 14, 2023
| PDF · Subscribers | |
Endorsement of Justice Steele – dated June 8, 2023
| PDF · Subscribers | |
Book of Authorities (Motion for the Appointment of an Interim Receiver) – dated June 4, 2023
| PDF · Subscribers | |
Reply Factum of the Creditor, All Communications Network of Canada, Co. – dated June 4, 2023
| PDF · Subscribers | |
Responding Factum of Planet Energy (Motion for the Appointment of an Interim Receiver – dated June 4, 2023
| PDF · Subscribers | |
| Factum of Planet Energy (Motion for Administration Order, Extension of Proposal Period and Approval of Sales Process) – dated June 2, 2023 | PDF · Subscribers | |
Factum of the Creditor, All Communications Network of Canada Co. – dated June 2, 2023
| PDF · Subscribers | |
| Supplementary Affidavit of Robert Stevanovski – dated June 2, 2023 | PDF · Subscribers | |
| First Report of Proposal Trustee – dated May 30, 2023 | PDF · Subscribers | |
| Motion Record – (Motion for Approval of Sale Process and Administration Order and Extension of Proposal Period – dated May 26, 2023 | PDF · Subscribers | |
| Endorsement – dated May 19, 2023 | PDF · Subscribers | |
Notice to Creditors of Notice of Intention to Make a Proposal – dated May 16, 2023
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention to Make a Proposal – dated May 11, 2023
| 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., “Planet Energy (B.C.) Corp. (Proposal)” (NOI), Ontario Superior Court of Justice. Retrieved 2 November 2026, https://proceedings.ca/case/planet-energy-b-c-corp