British Columbia · Bankruptcy
Canexia Health Inc. - Trustee's Report to Creditors on Preliminary Administration
Court officer report · 6 September 2023
What we verified from this filing7 verified
- provinceBritish Columbia
- appointeeFTI Consulting Canada Inc.
- appointee roleTrustee
- commencement date21 August 2023
- statutory basissection 49 of the Bankruptcy and Insolvency Act
- secured creditorsnote: Trustee states it 'has not received any secured claims' as at the date of the report but is aware of a potential secured claim from PacBridge; claim not yet substantiated/quantified, no amount or security stated. PacBridge is also the Trustee's fee guarantor ($50,000 limit) and has advanced $35,000 to fund the estate's initial activities, indicating a related-party/financing relationship. · page: 5 · as of: date of this report (September 6, 2023) · debtor: Canexia Health Inc. · creditor: PacBridge Partners II Investment Co. Ltd. · currency: CAD
- recovery outcomeentries: basis: unstated · quote: The Trustee is currently unable to provide an estimated realization and projected distribution to creditors as the lab equipment is highly specialized and there is significant uncertainty in respect of the value of intellectual property. · pct of: unstated · outcome: undetermined · stated by: trustee · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2023-09-06 · table missing: