Yarmouth Forklift Ltd, B&D Rentals Ltd & Yarmouth Liquidators Ltd
Follow- Proceeding
- Receivership (private)Subsection 245(1) and 246(1) of the Bankruptcy & Insolvency Act
- File
- 43775
Yarmouth Forklift Ltd, B&D Rentals Ltd and Yarmouth Liquidators Ltd have been under the administration of Ernst & Young Inc. as Receiver since November 7, 2019, appointed under subsections 245(1) and 246(1) of the Bankruptcy & Insolvency Act pursuant to security granted to Bank of Montreal. The matter is active in Nova Scotia. At the entity level, B & D Rentals Ltd. showed total assets of $523,287 as at November 7, 2019, on a statement of assets at estimated net book value prepared without audit from information supplied by the debtor. Bank of Montreal is listed as secured for $216,309, with Canada Revenue Agency, BDC Capital Inc. and CWB National Leasing also listed among secured creditors in amounts recorded as unknown. Unsecured claims listed against B & D Rentals Ltd. include Yarmouth Forklift at $21,591 and Atlantic Crane at $318.
Ernst & Young Inc. became Receiver of the three Yarmouth-area companies on November 7, 2019, under subsections 245(1) and 246(1) of the Bankruptcy & Insolvency Act.
Debtor
Yarmouth Forklift Ltd, B&D Rentals Ltd & Yarmouth Liquidators Ltd
Receiver
EY
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesAmount listed as Unknown in Listing of Creditors; listed among secured creditors — debtor: B & D Rentals Ltd. · as of 7 Nov 2019 | — | Notice and Statement of the Receiver |
| 4 | Secured | Bank of Montreal · in 279 casesReceiver appointed pursuant to security granted to Bank of Montreal; figure from Listing of Creditors prepared without audit — debtor: B & D Rentals Ltd. · as of 7 Nov 2019 | $216K | Notice and Statement of the Receiver |
| 4 | Secured | BDC Capital Inc. · in 30 casesAmount listed as Unknown in Listing of Creditors — debtor: B & D Rentals Ltd. · as of 7 Nov 2019 | — | Notice and Statement of the Receiver |
| 4 | Secured | CWB National Leasing · in 21 casesAmount listed as Unknown in Listing of Creditors — debtor: B & D Rentals Ltd. · as of 7 Nov 2019 | — | Notice and Statement of the Receiver |
| 8 | Unsecured | Yarmouth Forkliftdebtor: B & D Rentals Ltd. · as of 7 Nov 2019 | $21.6K | Notice and Statement of the Receiver |
| 8 | Unsecured | Atlantic Cranedebtor: B & D Rentals Ltd. · as of 7 Nov 2019 | $318 | Notice and Statement of the Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
As at 7 Nov 2019 · per Statement of Assets at Estimated Net Book Value, prepared without audit from information provided by the Debtor · B & D Rentals Ltd. (entity level)
| Date | Document | File |
|---|---|---|
Tender Information Package
| ||
Notice of Bankruptcy, First Meeting of Creditors
| ||
Notice and Statement of the Receiver
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Yarmouth Forklift Ltd, B&D Rentals Ltd & Yarmouth Liquidators Ltd” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/yarmouth-forklift-ltd-b-d-rentals-ltd-yarmouth-liquidators-ltd