Proceedings.

Planet Energy (B.C.) Corp. (Proposal)

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Closed
Proceeding
NOIsection 50.4(1) of the Bankruptcy and Insolvency Act
File
31-2943168
Filings held22
Last activity23 Jun 2025
On the record1,271 days
OverviewSummary updated

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.

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Case updates22 dated entries
Parties

Debtor

Planet Energy (B.C.) Corp. (Proposal)

Proposal trustee

Richter

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SteeleOntario Superior Court of Justice3 orders, Jun 2023244 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantAll Communications Network of Canada, CoPaliare Roland Rosenberg Rothstein LLP14 Jun 2023Order · 14 Jun 2023
CreditorAll Communications Network of Canada, CoPaliare Roland Rosenberg Rothstein LLP2 Jun 2023Factum · 2 Jun 2023
Creditorunder ProposalStikeman Elliott LLP4 Jun 2023Application · 4 Jun 2023
Creditorunder Proposal, Planet Energy (Ontario) CorpStikeman Elliott LLP4 Jun 2023Application · 4 Jun 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredAll 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.$35.2MNotice 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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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
22 filings
DateDocumentFile
Order for Discharge of Trustee – dated June 23, 2025PDF · Subscribers
Notice of Application of Discharge of Trustee – dated February 20, 2025PDF · Subscribers
Trustee’s Report to the First Meeting of Creditors on Preliminary Administration – dated July 26, 2023PDF · Subscribers
Registration Form for the First Meeting of CreditorsPDF · Subscribers
Notice of Bankruptcy, First Meeting of Creditors – dated July 12, 2023PDF · Subscribers
Proof of claimPDF · Subscribers
Second Report of Proposal Trustee – dated June 28, 2023PDF · Subscribers
Motion Record – dated June 27, 2023PDF · Subscribers
Order (Appointing Interim Receiver) – dated June 14, 2023
  • Counsel Paliare Roland Rosenberg Rothstein LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Order (Extension of Stay and Administration Order) – dated June 14, 2023
  • Presiding officer Justice Steele
PDF · Subscribers
Endorsement of Justice Steele – dated June 8, 2023
  • Presiding officer Justice Steele
PDF · Subscribers
Book of Authorities (Motion for the Appointment of an Interim Receiver) – dated June 4, 2023
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Reply Factum of the Creditor, All Communications Network of Canada, Co. – dated June 4, 2023
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF · Subscribers
Responding Factum of Planet Energy (Motion for the Appointment of an Interim Receiver – dated June 4, 2023
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Factum of Planet Energy (Motion for Administration Order, Extension of Proposal Period and Approval of Sales Process) – dated June 2, 2023PDF · Subscribers
Factum of the Creditor, All Communications Network of Canada Co. – dated June 2, 2023
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF · Subscribers
Supplementary Affidavit of Robert Stevanovski – dated June 2, 2023PDF · Subscribers
First Report of Proposal Trustee – dated May 30, 2023PDF · Subscribers
Motion Record – (Motion for Approval of Sale Process and Administration Order and Extension of Proposal Period – dated May 26, 2023PDF · Subscribers
Endorsement – dated May 19, 2023PDF · Subscribers
Notice to Creditors of Notice of Intention to Make a Proposal – dated May 16, 2023
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no 31-2943168
  • Province Ontario
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Certificate of Filing of a Notice of Intention to Make a Proposal – dated May 11, 2023
  • Applicant Planet Energy (B.C.) Corp.
  • Appointee RICHTER INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 11 May 2023
  • + 2 more extracted facts
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

Sources last checked · summary updated 1 October 2026 · Report a correction · Printed from proceedings.ca/case/planet-energy-b-c-corp

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.