British Columbia · Receivership (court-appointed)
Eighth Report of the Receiver dated August 21, 2025
Court officer report · 21 August 2025
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What we verified from this filing5 verified
- cash on handnote: Includes the full Donor Payment of approximately $3.57 million; if the US Settlement is approved, LT Funds of approximately $1.79 million plus interest will be paid to the Kal LT. · as at: 2025-08-21 · amount: 8970000 · currency: CAD · qualifier: approximately
- operational summaryThe Receiver continues to wind down Big Rig's estate through asset auctions, collection of leased-unit arrears, litigation/settlement with US claimants, and proposed interim distributions to secured creditors; Big Rig itself has ceased operations under receivership.
- recovery outcomeentries: basis: unstated · quote: This is largely responsible for further amounts to be distributed to RBC as first-ranking secured creditor with respect to BR Tires and BR Partz in the amount of approximately $349,412. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 349412 · amount high: 349412 · class label: RBC as first-ranking secured creditor (BR Tires and BR Partz) · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As such, there is approximately $1.09 million to be distributed to RBC as first-ranking secured creditor with respect to the Second Distribution Assets. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1090000 · amount high: 1090000 · class label: RBC as first-ranking secured creditor (Second Distribution Assets) · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated · table missing:
- report date21 August 2025
- report noEighth Report