British Columbia · Receivership (court-appointed)
Form 87 Notice of Receiver 1385954 B.C. Ltd. and others
Notice of receiver (s. 245 / Form 87) · 28 February 2025
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What we verified from this filing31 verified
- appointeePricewaterhouseCoopers Inc.
- appointee rolereceiver and manager
- commencement date18 February 2025
- courtSupreme Court of British Columbia
- financial positionnote: Debtors have not cooperated and have not provided the Receiver with any books and records; equipment value listed as TBD and excluded from the stated total of $5,000 (in 000's) · page: 1 · as at: 2025-02-18 · basis: Estimated value, in thousands, as stated by Receiver at time of appointment · scope: Property of 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. taken into receivership · currency: CAD · total assets: 5000
- statutory basisSection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and Section 39 of the Law and Equity Act, R.S.B.C. 1996, c. 253, as amended
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: 0840133 B.C. Ltd. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: 1231440 B.C. Ltd. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: 1231443 B.C. Ltd. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Canadian Dealer Lease Services Inc. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Bank Of Nova Scotia - DLAC · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: On Deck Capital Canada, Inc. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Efsa Capital Inc. · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document; document lists a stated Total of $10,472,228 for secured creditors but this reflects only the itemized non-TBD amounts, per document's own total row · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: De Lage Landen Financial Services Canada Inc. · currency: CAD
- secured creditorspage: 2 · amount: 6993919 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Roynat Inc. · currency: CAD
- secured creditorspage: 2 · amount: 73773 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Canacap · currency: CAD
- secured creditorspage: 2 · amount: 62835 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Township of Langley · currency: CAD
- secured creditorspage: 2 · amount: 41700 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: 11302078 Canada Ltd. O/A Sheaves Capital · currency: CAD
- secured creditorspage: 2 · amount: 3300000 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Royal Bank of Canada · currency: CAD
- secured creditorsnote: Amount stated as TBD (to be determined) in the document · page: 2 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: 0840122 B.C. Ltd. · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: FortisBC · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Ministry of Finance · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: On Deck Capital Canada Inc. · currency: CAD
- unsecured creditorsnote: Amount stated as TBD; also listed as a secured creditor with a stated amount of $3,300,000 on page 2 · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Work Safe BC · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: EFSA Capital Inc. · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Dealer Lease Services Inc · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: De Large Landen Financial Services Canada Inc. · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Amount stated as TBD · page: 3 · basis: List of other creditors, estimated based on limited information · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: B.C. Hydro · currency: CAD
- unsecured creditorspage: 3 · basis: List of other creditors, estimated based on limited information · amount: 1827.74 · debtor: 1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. · creditor: Township of Langley (Water) · currency: CAD