Precambrian Wholesale (2010) Limited
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 21-1815918
Precambrian Wholesale (2010) Limited is bankrupt, the bankruptcy dated 29 November 2013 (file 21-1815918) in Manitoba, with Ernst & Young Inc. as trustee. Its statement of affairs, verified by affidavit of director Chief Larry Barker, reports total assets of $442,000 against total liabilities of $18,932,910, with all assets pledged to secured creditors; the trustee views a distribution to unsecured creditors as extremely unlikely. The principal secured creditors are Exchange Income Corporation and the Royal Bank of Canada, with combined secured claims of $4,681,000 stated in the statement of affairs and further contingent secured claims of $5,775,000; Nissan Canada Finance and Roynat hold registered interests in specific assets.
A claims procedure has been established — see the order for deadlines.
3 earlier updates, back to 29 November 2013 — subscribers.
Debtor
Precambrian Wholesale (2010) Limited
Trustee in bankruptcy
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Roynat · in 10 casesRegistered interest in material handling equipment — debtor: Precambrian Wholesale (2010) Limited · as of 28 Nov 2013 | — | Minutes of the First Meeting of Creditors |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: no distribution.EstimatedMinutes of the First Meeting of Creditors · 19 Dec 2013
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | secured creditors holding general security agreements | — | paid in full | Finalper the trustee | PWL notice to creditors · 21 Nov 2014 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Minutes of the First Meeting of Creditors · 19 Dec 2013 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
PWL notice to creditors
| PDF · Subscribers | |
| Proof of claim form | PDF · Subscribers | |
Minutes of the First Meeting of Creditors
| PDF · Subscribers | |
Sample proof of claim
| PDF · Subscribers | |
Creditor information package
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Precambrian Wholesale (2010) Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/precambrian-wholesale-2010-limited