British Columbia · Receivership (court-appointed)
Trustees First Report to Court
Court officer report · 27 May 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Bank of China has advised the Trustee that the Company's indebtedness was repaid in full in 2015 and that there is no further indebtedness. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Bank of China (Canada) · creditor name: Bank of China (Canada) · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: However, given the large amounts owing to the Province as well as the significant future costs to be incurred in addressing the existing environmental issues, there is no prospect of any recovery to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-05-27 · table missing: