British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 7 October 2022
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What we verified from this filing9 verified
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file no11-2866898
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date20 September 2022
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Statement of Affairs also broken down as Secured creditors $276,244.59, Preferred creditors Nil, Unsecured creditors $405,107.71 (Total $1,312,038.07); as of the report date, proofs of claim filed to date totalled $435,567.54, less than the Statement of Affairs estimate. · basis: Statement of Affairs filed in the bankruptcy (management estimate) · scope: entity - Spider Lake Rock and Gravel Ltd. · currency: CAD · total assets: 658426 · total liabilities: 1312038.07
- operational summarySLRG ceased normal operations after the land owner locked the gates to the Quarry in June 2022 following termination of the operating agreement; the Trustee is now working to secure and realize the company's remaining assets and collect receivables.
- report date7 October 2022