Alberta · Bankruptcy
Ventures West Transport Limited Partnership - Minutes of the First Meeting of Creditors
Meeting materials · 20 October 2020
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 filing1 verified
- financial positionnote: Table shows separate Statement of Affairs totals: Tlicho Landtran $608,741 (Unsecured $358,741 + Contingent $250,000), 1456982 $2,500,839 (Unsecured $839 + Contingent $2,500,000), Ventures West $4,147,768 (Unsecured $4,147,768, contingent shown as '1'/nil); combined total across all three Companies $7,257,348. Separately, a pre-filing GST refund of approximately $202,000 is a potential (contingent) asset for Ventures West, and the Bankruptcy Pool available to the bankrupt estates from the CCAA proceeds is estimated at between $700,000 and $825,000 (net of administration costs). · as at: 2020-10-02 · basis: Statement of Affairs prepared based on the books and records for each of the Companies · scope: Entity-specific: Ventures West Transport Limited Partnership (one of three related Companies — Tlicho Landtran, 1456982 Alberta Ltd., and Ventures West — each with separate Statement of Affairs totals reported in the same table) · currency: CAD · total liabilities: 4147768