The Plumb-Line Group of Companies
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 25-1799518
The Plumb-Line Group of Companies has been in bankruptcy under the BIA since November 10, 2014, with Deloitte Restructuring Inc. acting as trustee in bankruptcy across six related estate files in the Court of King's Bench of Alberta. The proceedings remain active. A Statement of Affairs sworn by a director for Plumb-Line Group Holdings Inc., as at October 16, 2013, put entity-level assets at $238,691.00 against liabilities of $7,115,604.00, with a corresponding deficiency to creditors of $7,115,604.00 and no preferred or contingent claims listed. Secured claims on List B totalled $7,354,005.00, dominated by a $6,800,000.00 claim of Longwood Asset Management secured on vehicles, equipment and tools valued at $494,000.00, leaving $6,306,000.00 of that claim unsecured. Six further secured creditors, among them AXA Canada, BMO Financial Group, PMO Bank, Elemental Financial Corporation, Jevco Insurance and Shaw GMC, were each listed at a nominal $1.00.
Commenced the Alberta bankruptcy proceedings for the group under the BIA, opening six related court files that remain active.
Con-Forte Contracting Company Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
PLG Corporate Services, Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
PLG Residential Services, Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Sas-Can Masonry and Restoration Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Sas-Can Masonry and Restoration Inc. - Certificate of Appointment — Court officer certificate
The officer filed a report. Court file 25-1799518.
Source: PLG Corporate Services, Inc. - Certificate of Appointment
Asty Construction Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Undated filings7 — no date appears on the document · show
Con-Forte Contracting Company Inc. - Trustee's Preliminary Report — Court officer report filed
Plumb-Line Group Holdings, Inc. - Trustee's Preliminary Report — Court officer report filed
Sas-Can Masonry and Restoration Inc. - Trustee's Preliminary Report — Court officer report filed
Debtor
The Plumb-Line Group of Companies
Trustee in bankruptcy
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Eidsvik | Court of King's Bench of Alberta | 1 order, Sep 2016 | 30 cases on record |
Counsel of record
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Longwood Asset ManagementOther - Vehicles, equipment and tools — Estimated value of security $494,000.00; balance of claim unsecured $6,306,000.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $6.8M | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | Elemental Financial CorporationDebts Due - Business - Accounts Receivable — Amount of claim listed as $1.00 (nominal) — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | Jevco Insurance - Mississauga BranchDebts Due - Business - Accounts Receivable; Other - Prepaid Expenses — Amount of claim listed as $1.00 (nominal) — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | Shaw GMC Pontiac Buick Hummer Inc., Attn: Peart BambergerOther - Vehicles, equipment and tools — Amount of claim listed as $1.00 (nominal) — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | BMO Financial Group c/o Dentonhydro/Highway.comDebts Due - Business - Accounts Receivable — Amount of claim listed as $1.00 (nominal); estimated value of security $0.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | PMO BankDebts Due - Business - Accounts Receivable — Amount of claim listed as $1.00 (nominal); estimated value of security $228,500.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 4 | Secured | AXA CanadaDebts Due - Business - Accounts Receivable; Debts Due - Prepaid Expenses — Amount of claim listed as $1.00 (nominal); estimated value of security $0.00; balance of claim unsecured $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Longwood Asset ManagementBalance of claim unsecured (bifurcated from total claim of $6,821,499.00); security valued but claim exceeds security — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $494K | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | AXA CanadaBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | BMO Financial Group c/o Dentonhydro/Highway.comBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Shaw GMC Pontiac Buick Hummer Inc., Attn: Peart BambergerBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | PMO BankBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Jevco Insurance - Mississauga BranchBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
| 8 | Unsecured | Elemental Financial CorporationBalance of claim unsecured; total claim $1.00 — debtor: Plumb-Line Group Holdings Inc. · as of 15 Oct 2013 | $1 | Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors |
Secured creditors: shortfall. HRDC paid in full · CRA paid in full.EstimatedCon-Forte Contracting Company Inc. - Trustee's Preliminary Report · 1 Nov 2013
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPAWEPP Claims for Con-Forte, Asty and PLG Residential | HRDC | — | paid in full | Finalper the trustee | Sixth Report of the Trustee · 12 Sep 2016 |
| Deemed trust | CRA | — | paid in full | Finalper the trustee | Sixth Report of the Trustee · 12 Sep 2016 |
| Secured | — | — | shortfall | Estimatedper the trustee | Con-Forte Contracting Company Inc. - Trustee's Preliminary Report · 1 Nov 2013 |
| PreferredPension Claims for Asty | Labourers Pension Fund of Western Canada / Labourers' Health and Welfare Fund of Western Canada | — | paid in full | Finalper the trustee | Sixth Report of the Trustee · 12 Sep 2016 |
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.
As at 16 Oct 2013 · per Statement of Affairs (Subsections 49(2) and Paragraph 158(d) of the Act) as sworn/declared by director · Plumb-Line Group Holdings Inc. (entity level, pre-bankruptcy) — Secured claims per List B: $7,354,005.00 (total of listed claims); Unsecured creditors per List B (balance of claim unsecured): $7,115,604.00; Preferred creditors: $0.00 (List C nil); Contingent/trust/other liabilities: $0.00 (List D nil); Trade fixtures/accounts receivable listed as $477,000.00; deficiency to creditors $7,115,604.00 per statement
Cumulative receipts
$5M
As at 12 Sep 2016Sixth Report of the Trustee
Cumulative disbursements
$4.9M
As at 12 Sep 2016Sixth Report of the Trustee
Cash on hand
$63.6K
As at 12 Sep 2016Sixth Report of the Trustee
Professional fees to date
$678K
As at 12 Sep 2016Sixth Report of the Trustee
| Date | Document | File |
|---|---|---|
| Application returnable September 19, 2016 | ||
Order granted September 19, 2016
| ||
Sixth Report of the Trustee
| ||
| Application returnable February 9, 2016 | ||
Order granted on February 9, 2016
| ||
Fifth Report of the Trustee
| ||
| Letter to Service List | ||
| Trustee's Supplement to the Fourth Report | ||
| Application returnable June 17, 2015 | ||
Service List
| ||
Fourth Report of the Trustee
| ||
| Letter to Paula Lorenz | ||
Application (Ashton) returnable November 24, 2014
| ||
Application returnable November 24, 2014
| ||
| Third Report of the Trustee | ||
| Service Letter | ||
| Second Report of the Trustee | ||
Service Letter with Reply Brief
| ||
| Order granted December 17, 2013 | ||
| CPA Auction Brochure | ||
| First Report of the Trustee | ||
| Order re Sas-Can Masonry Ltd. | ||
| Con-Forte Contracting Company Inc. – Notice of Bankruptcy and First Meeting of Creditors | ||
| PLG Corporate Services, Inc. – Notice of Bankruptcy and First Meeting of Creditors | ||
| PLG Residential Services, Inc. – Notice of Bankruptcy and First Meeting of Creditors | ||
| Sas-Can Masonry and Restoration Inc. – Notice of Bankruptcy and First Meeting of Creditors | ||
| Asty Construction Inc. - Certificate of Appointment | ||
| Con-Forte Contracting Company Inc. - Certificate of Appointment | ||
PLG Corporate Services, Inc. - Certificate of Appointment
| ||
| PLG Residential Services, Inc. - Certificate of Appointment | ||
| Plumb-Line Group Holdings, Inc. - Certificate of Appointment | ||
| Sas-Can Masonry and Restoration Inc. - Certificate of Appointment | ||
| Asty Construction Inc. – Notice of Bankruptcy and First Meeting of Creditors | ||
Plumb-Line Group Holdings, Inc. – Notice of Bankruptcy and First Meeting of Creditors
| ||
Asty Construction Inc. - Trustee's Preliminary Report
| ||
| Bench Brief re Jurisdiction - January 2014 | ||
Con-Forte Contracting Company Inc. - Trustee's Preliminary Report
| ||
| PLG Corporate Services, Inc. - Trustee's Preliminary Report | ||
PLG Residential Services, Inc. - Trustee's Preliminary Report
| ||
Plumb-Line Group Holdings, Inc. - Trustee's Preliminary Report
| ||
Sas-Can Masonry and Restoration Inc. - Trustee's Preliminary Report
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “The Plumb-Line Group of Companies” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/the-plumb-line-group-of-companies