Alberta · Receivership (court-appointed)
Creditor Package
Meeting materials · 17 September 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing2 verified
- financial positionnote: Total assets $12.00 (nominal $1 placeholder values per asset line). Liabilities: secured $4.00, preferred $1.00, unsecured $6,575,012.00, contingent $0.00; the form shows a deficiency/surplus line of 6,575,005 (deficit). Trustee notes it does not yet have a sworn SofA and a replacement will be circulated upon receipt. Statement date is Sept 16, 2026; bankruptcy date Sept 17, 2026. · as at: 2026-09-16 · basis: Statement of Affairs (Form 78) prepared by the Receiver from the Company's unaudited books and records as at the date of the receivership; asset realizations 'nominally estimated at $1'; not yet sworn or affirmed by a Company representative (signed 'unsigned') · scope: Jay's Metal Products Ltd. only (single-entity corporate bankruptcy) · currency: CAD · total assets: 12 · total liabilities: 6575017
- recovery outcomeentries: basis: unstated · quote: At this time, it is uncertain whether any funds will be available for distribution to unsecured creditors. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-09-22 · table missing: