Newfoundland and Labrador · Receivership (court-appointed)
Notice and Statement of the Receiver (In accordance with Subsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act) In the Matter of the Court-Appointed Receivership of Innovative Capital Investments Inc. and Dominion Trading Ltd
Notice to creditors · 30 January 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 filing1 verified
- financial positionnote: Components: Inventory 241,062; Vehicles 27,739; Fishing Equipment 137,952; Ground Fishing License 1,959,299; Vessel - RS Journey II 1,111,917. Receiver was unable to obtain adequate corporate books and records. Separately, the Receiver collected $2,451,193 from the Monitor in net asset recoveries during the CCAA administration. Liabilities are not stated as a total in this extraction scope (creditor listing owned by another lane). The statement is dated February 11, 2025 although the Receivership Order is dated January 21, 2026 (possible date inconsistency in the source). · as at: 2025-02-11 · basis: Statement of Assets at Net Book Value, 'Prepared without audit from information provided by the Monitor'; values 'have not been reviewed nor audited by the Receiver and are being provided for illustrative purposes only' · scope: Combined statement for Innovative Capital Investments Inc. and Dominion Trading Limited (the Debtor) · currency: CAD · total assets: 3477970