British Columbia · Receivership (court-appointed)
Notice of Application for December 4, 2025 Hearing
Application / notice of application · 4 December 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: completing an interim distribution to RBC of $700,000 on January 16, zozs, (the "RBC lnitial Distribution") and a distribution to FWCU capital corp, ("FWC") of $250,000 on December 19, 2024 (the "FWC Distribution"); · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 700000 · cumulative: false · amount high: 700000 · class label: RBC (Royal Bank of Canada) · creditor name: Royal Bank of Canada · interim final: interim · claims qualifier: unstated; basis: actual · quote: completing an interim distribution to RBC of $700,000 on January 16, zozs, (the "RBC lnitial Distribution") and a distribution to FWCU capital corp, ("FWC") of $250,000 on December 19, 2024 (the "FWC Distribution"); · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 250000 · cumulative: false · amount high: 250000 · class label: FWC Capital Corp · creditor name: FWCU Capital Corp · interim final: unstated · claims qualifier: unstated; basis: actual · quote: attending to various statutory matters, including filing final GST and psr returns, paying final PST amounts, paying $21,165 (the "WEppA priority claim")to service canada in late June 2025, and confirming no worksafe BC reports were required to be filed or amounts paid; and · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 21165 · cumulative: false · amount high: 21165 · class label: WEPPA priority claim (Service Canada) · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: approving and authorizing the Receiver to pay to Royal Bank of Canada ("RBC') all funds remaining in its hands after completing its administration of the estate (the "Final Distribution"); · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · cumulative: false · class label: RBC (Final Distribution) · creditor name: Royal Bank of Canada · interim final: final · claims qualifier: unstated · table missing: