British Columbia · Receivership (court-appointed)

Receiver's First Report to Court - Filed May 22, 2026

Court officer report · 22 May 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

secured creditorsnote: Original loan advanced was $1,100,000; amount reported is the exact outstanding balance as at August 18, 2025, together with accrued interest thereon · page: 3 · as of: 2025-08-18 · amount: 1094398.53 · debtor: Kalum River Contracting Ltd. · creditor: Business Development Bank of Canada · currency: CAD · security: General Security Agreements dated April 29, 2024 over all present and after-acquired personal property, plus purchase money security interest against each Aircraft; Assignment of Aircraft Lease Agreements dated April 24, 2024