Alberta · Receivership (court-appointed)
Second Report of the Inspector, Filed
Court officer report · 2 December 2011
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What we verified from this filing3 verified
- operational summaryThe Inspector reports on its ongoing investigation into TransCap's dealings with various payees, its difficulty locating TransCap's directors (particularly Mr. Tindall, who may have left Canada), and identifies potential value in Palladium Management Corp.'s minority stake in Dixon Lake Development Corp.'s land holdings. It recommends the Court appoint it as receiver over Palladium's assets given the apparent abandonment of the company by its principals.
- report date2 December 2011
- report noSecond Report