Saskatchewan · Bankruptcy
856 Sask - Trustee's Preliminary Report
Court officer report · 16 June 2025
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 filing6 verified
- appointeeErnst & Young Inc.
- appointee roletrustee
- commencement date28 May 2025
- financial positionnote: Assets comprise Cash (TBD), Investments-Term Deposit $150,000, Due from related parties $724,179 (loan to 101291837 Saskatchewan Ltd., related party - sole director Cheryl Robinson is spouse of Bruce Robinson). No total liabilities figure stated; accounts payable balance per financial statements is $5,363 but aged accounts payable ledger totals $4,674 (discrepancy noted by Trustee) comprising three vendors: Gordon Dillon CPA Professional Corp $2,428, Miller Thomson LLP $2,664, Valley Industries LLP credit $417. Separately, Roof Maxx (judgment creditor) filed an unsecured proof of claim dated 2025-06-11 for $11,500,185.83 (judgment obtained 2022-07-25 was $10,521,538.61, prose figure). · page: 1 · as at: 2024-10-31 · basis: estimated net book value based on 856 Sask's balance sheet as at October 31, 2024; Trustee unable to obtain updated financial information as at June 11, 2025 · scope: entity-level (102063856 Saskatchewan Ltd.) · currency: CAD · total assets: 874179
- provinceSASKATCHEWAN
- statutory basissection 43 of the Bankruptcy and Insolvency Act