British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 27 March 2025
What we verified from this filing15 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date12 March 2025
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file no11-3197336
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Only assets reported were accounts receivable and other receivables of $102,697.95 (page 1); Trustee estimates realizable value at $50,000.00, pending completion of review; liabilities figure is the Statement of Affairs total (Secured Nil, Preferred Nil, Unsecured $2,600,001.00) (page 2) · page: 2 · as at: 2025-03-12 · basis: Statement of Affairs filed in the bankruptcy · scope: Whistler Water Inc. (single entity, bankrupt estate) · currency: CAD · total assets: 102697.95 · total liabilities: 2600001
- secured creditorsnote: Amount unknown; no proof of claim received from CRA to date; Trustee will engage in correspondence with CRA to confirm amount owing (deemed trust class) · page: 2 · debtor: Whistler Water Inc. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim/property claim over unremitted payroll source deductions, priority over all other creditors
- secured creditorsnote: Claim amount listed as 'Unknown' in PPR search; Trustee not in possession of secured asset; former landlord's legal action effectively dealt with all Company equipment; Trustee does not expect secured claims to be proven in this Estate · page: 2 · as of: 2025-03-27 (PPR search date) · debtor: Whistler Water Inc. · creditor: Linde Canada Inc. · currency: CAD · security: PPSA registration - Cryogenic Tanks and Freezers
- secured creditorsnote: Claim amount listed as 'Unknown' in PPR search; Trustee not in possession of secured asset; former landlord's legal action effectively dealt with all Company equipment; Trustee does not expect secured claims to be proven in this Estate · page: 2 · as of: 2025-03-27 (PPR search date) · debtor: Whistler Water Inc. · creditor: Clearly Food & Beverage Company ULC · currency: CAD · security: PPSA registration - Isobaric Filler – Capper
- secured creditorsnote: Claim amount listed as 'Unknown' in PPR search; Trustee not in possession of secured asset; former landlord's legal action effectively dealt with all Company equipment; Trustee does not expect secured claims to be proven in this Estate · page: 2 · as of: 2025-03-27 (PPR search date) · debtor: Whistler Water Inc. · creditor: TFG Financial Corporation · currency: CAD · security: PPSA registration - Motor vehicle – Hamrick 360 Case Packer
- secured creditorsnote: Claim amount listed as 'Unknown' in PPR search; Trustee not in possession of secured asset; former landlord's legal action effectively dealt with all Company equipment; Trustee does not expect secured claims to be proven in this Estate · page: 2 · as of: 2025-03-27 (PPR search date) · debtor: Whistler Water Inc. · creditor: TFG Financial Corporation · currency: CAD · security: PPSA registration - Krones Palletizer Hytrol Case Conveyor
- unsecured creditorsnote: Document names no individual unsecured creditors; only one proof of claim filed to date (by the former factory manager, for severance/termination, amount not stated), though the Statement of Affairs/Filed comparison table shows 'Filed' as Nil; unremitted GST owing to CRA, if any, would also rank as general unsecured · page: 2 · as of: date of bankruptcy (2025-03-12), Statement of Affairs · basis: Statement of Affairs as reported · amount: 2600001 · debtor: Whistler Water Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceBritish Columbia