Proceedings.

Tebo Group of Companies

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
S-237354
Filings held15
Last activity17 Jun 2025
On the record872 days
OverviewSummary updated

Tebo Group of Companies was placed in receivership on May 2, 2024, by order of the Supreme Court of British Columbia, made under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act receivership jurisdiction. The proceeding is carried on court file S-237354 in British Columbia. The receivership order is the only milestone on the record for this matter, and the proceeding is now recorded as closed. No sale, claims process, distribution or discharge step is documented in the record as it stands.

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Case updates15 dated entries

12 earlier updates, back to 2 May 2024 subscribers.

Parties

Debtor

Tebo Group of Companies

Receiver

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice StephensSupreme Court of British Columbia2 orders, May 2024 – Jul 202412 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorCrowe MacKay & Company Ltd., CCAAFasken Martineau DuMoulin LLP25 Jul 2024Order · 25 Jul 2024
ReceiverKPMGPoulsen & Company15 May 2024Service list · 15 May 2024
CreditorCCAA Crowe MacKay & Company LtdFasken Martineau DuMoulin LLP15 May 2024Service list · 15 May 2024
CreditorRoyal Bank of CanadaDentons Canada LLP15 May 2024Service list · 15 May 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesDeemed trust class: Payroll Deemed Trust Claim $476,776 and GST Deemed Trust Claim $90,375, per CRA Trust Audits conducted around May 14, 2024; Receiver notes realizations expected insufficient to satisfy this claim; priority ranking vs. CCAA Charges unresolved. — debtor: TMC, TMI, FFM (Algon and Ptolemytech N/A) · as of 14 May 2024$567KFirst and Final Report of the Receiver
155 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

1 engagement · 1 firmPoulsen & Company, 30 Apr – 15 May 2024Affidavit 1 of Jef Poulsen - FILED July 23, 2024 · 23 Jul 2024

FirmPeriodHoursFeesRatesSource
Poulsen & CompanyCounsel to the receiver30 Apr – 15 May 20242 peopleAffidavit 1 of Jef Poulsen - FILED July 23, 2024 · 23 Jul 2024
17 stated figures across 1 engagement, each sourcedSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
15 filings
DateDocumentFile
Receivers Discharge Certificate-filed June 17, 2025
  • Counsel Kibben Jackson, Fasken Martineau DuMoulin LLP
PDF · Subscribers
Receiver Service List September 25, 2024
  • Counsel Poulsen & Company
PDF · Subscribers
Model Discharge Order - FILED July 30 2024
  • Counsel Kibben Jackson, Fasken Martineau DuMoulin LLP
  • Presiding officer Justice Stephens
PDF · Subscribers
Affidavit 1 of Huey Lee - FILED July 23, 2024PDF · Subscribers
Affidavit 1 of Jef Poulsen - FILED July 23, 2024
PDF · Subscribers
First and Final Report of the Receiver
PDF · Subscribers
Receiver Service List May 31, 2024
  • Counsel Poulsen & Company
PDF · Subscribers
Affidavit of Mailing - Notice and Statement of the ReceiverPDF · Subscribers
Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receiver Service List May 15, 2024
  • Counsel Dentons LLP
PDF · Subscribers
Order Made After Application Receivership Order
  • Commencement date 2 May 2024
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no S-237354
  • Presiding officer Justice Stephens
PDF · Subscribers
Affidavit 1 of Michael Wells sworn October 20 2023 (Part 1 of 3)PDF · Subscribers
Affidavit 1 of Michael Wells sworn October 20 2023 (Part 2 of 3)PDF · Subscribers
Affidavit 1 of Michael Wells sworn October 20 2023 (Part 3 of 3)PDF · Subscribers
Notice of Application
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 of Companies” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/tebo-group-of-companies

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/tebo-group-of-companies

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.