TEBO Group
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- S-237897
- Industry
- Construction · General contractors
TEBO Group — TEBO Mill Installations Inc., TEBO Mill Construction Inc., Algon Holdings Inc., Fraserview Fabrication and Machining Inc. and Ptolemytech Consultants Inc. — has been under the Companies' Creditors Arrangement Act in the Supreme Court of British Columbia since April 5, 2023, in file S-237897. The list of creditors as at April 10, 2024 is led by Royal Bank of Canada at $5,541,000.00, well ahead of Mega Cranes Ltd. at $92,413.70, Raider Mechanical Ltd at $87,050.93, CVG Corporation at $60,281.86 and Cooper Equipment Rentals at $51,535.17. Fraserview Fabrication & Machining Inc., itself one of the group companies, is listed as a creditor for $31,042.62.
The stay of proceedings was extended. Court file S-237897.
Source: Amended and Restated Initial Order entered April 15, 2024
The officer filed report no. First Report of the Monitor. The Petitioners have continued operating in the ordinary course since the Filing Date, operating on a cash basis after RBC locked them out of their operating line in March 2023, with about 25 employees and several ongoing domestic and international projects. The Monitor has been unable to verify the existence of the €4,997,955 Deutsche Funds.
Debtor
TEBO Group
Monitor
Crowe MacKay
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Stephens | Supreme Court of British Columbia | 1 order, Apr 2024 | 17 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorCrowe MacKay | Fasken Martineau DuMoulin LLP | 5 Apr 2023 | Order · 5 Apr 2023 |
| CreditorRoyal Bank of Canada | Dentons Canada LLP | 5 Apr 2023 | Order · 5 Apr 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Royal Bank of Canada · in 584 casesListed on general creditor list without stated security; classification as unsecured follows document's own presentation, though large amount may reflect a bank facility — debtor: Tebo Group · as of 10 Apr 2024 | $5.54M | Creditor List (April 10, 2024) |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
58 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansAs at ·
Cash on hand
$89.3K
As at 6 Apr 2024First Report of the Monitor dated April 12, 2024
Professional fees
As at
1 more reported figure, and 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 |
|---|---|---|
| Application Record re ARIO | PDF · Subscribers | |
Material Adverse Change Report dated April 24, 2024
| PDF · Subscribers | |
Service List (April 24, 2024)
| PDF · Subscribers | |
Amended and Restated Initial Order entered April 15, 2024
| PDF · Subscribers | |
Notice of Application re ARIO
| PDF · Subscribers | |
First Report of the Monitor dated April 12, 2024
| PDF · Subscribers | |
Service List (April 12, 2024)
| PDF · Subscribers | |
Creditor List (April 10, 2024)
| PDF · Subscribers | |
Notice to Creditors (April 9, 2024)
| PDF · Subscribers | |
| Petition Record for April 5, 2024 | PDF · Subscribers | |
Petition to Court
| PDF · Subscribers | |
| Affidavit No. 1 of Alankar Khara | PDF · Subscribers | |
| Affidavit No. 1 of Victor Fong | PDF · Subscribers | |
Initial Order dated April 5, 2023
| PDF · Subscribers | |
| Affidavit No. 4 of Alankar Khara | 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., “TEBO Group” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/tebo-group