British Columbia · Receivership (court-appointed)
Receiver's Second Report to Court dated June 25, 2026
Court officer report · 25 June 2026
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What we verified from this filing7 verified
- cash on handnote: Excludes deposits received from offerors, which are potentially refundable pending Court approval of the Transaction. · as at: 2026-06-23 · amount: 81889 · currency: CAD · qualifier: approximately
- disbursementssince: commencement of receivership proceedings · amount: 223772 · currency: CAD
- operational summaryThe Receiver has continued to operate and secure the leased premises, conduct a sale process resulting in an asset purchase agreement for a portion of Lifetec's assets, and intends to continue liquidating the remaining assets while facing difficulties obtaining records and cooperation from former Management.
- professional feesnote: Also lists estimated Legal Fees - The Receiver's Counsel of $42,884; as at May 15, 2026 the Receiver had invoiced $38,427.73 and incurred approximately $79,238.08 in work in progress, and as at May 31, 2026 Receiver's counsel had invoiced $42,884.25. · party: Receiver (Grant Thornton Limited) · amount: 38428 · period: estimated to August 31, 2026 · currency: CAD
- receipts cumulativesince: commencement of receivership proceedings · amount: 305661 · currency: CAD
- report date25 June 2026
- report noSecond Report