British Columbia · Bankruptcy
Trustee's preliminary report Est No
Court officer report · 24 June 2022
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What we verified from this filing21 verified
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file noB-220207
- applicantVeolia ES Canada Inc.
- appointeeDeloitte Restructuring Inc.
- appointee roleLicensed Insolvency Trustee
- commencement date7 June 2022
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- statutory basisthe Bankruptcy and Insolvency Act
- financial positionnote: SoA shows an estimated deficiency of approximately $65,847,783, before costs of realization; no proofs of claim had been received by the Trustee at time of report; contingent claims from other third parties reported on SoA but not quantified · page: 8 · as at: 2022-06-07 · basis: Statement of Affairs (SoA), unaudited, prepared by Trustee with former directors · scope: Consolidated basis - Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. (procedurally and substantively consolidated) · currency: CAD
- secured creditorsnote: Amount owed is under dispute between the parties; K&D will be filing a secured proof of claim; Trustee will review claim and security after filed · page: 8 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: K&D Logging Ltd. · currency: CAD · security: General security agreement and related letter of credit
- unsecured creditorsnote: Related party; petitioning creditor; notice of default dated May 9, 2022 demanded $62,899,191 as of April 30, 2022 plus continuing interest (prose approximation) · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 62899191 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia ES Canada Inc. · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 2034672 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia Energy Canada Inc. · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 2818359 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Fort St. James Operations Services LP · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 195492 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: FSJ Fuel HoldCo Inc · currency: CAD
- unsecured creditorsnote: Document names no individual third-party unsecured creditors · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported · amount: 157342 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Unsecured creditors owed to third parties (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 5964 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia ES Canada Industrial Services Inc. · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 704 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia North America, LLC · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 104 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia Services Drummondville Inc. · currency: CAD
- unsecured creditorsnote: Related party · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 70 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia Infrastructure Services Canada Inc. · currency: CAD
- unsecured creditorsnote: Related party (ultimate parent) · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs as of Date of Bankruptcy, as reported (related party payable) · amount: 49068 · debtor: Fort St. James FuelCo Limited Partnership and Prince George FuelCo Inc. · creditor: Veolia Environnement S.A. · currency: CAD