Alberta · Proposal
Report on the Trustee's Preliminary Administration
Court officer report · 20 July 2017
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 filing8 verified
- appointeeErnst & Young Inc.
- appointee roletrustee
- commencement date30 June 2017
- provinceALBERTA
- statutory basisBankruptcy and Insolvency Act
- cash on handnote: Cash is listed in Table 2.0 as an estimated value of SWP's assets as at the Assignment Date; the Trustee reports having had the funds transferred from SWP's bank account to the Estate's trust account. · as at: 2017-06-30 · amount: 454000 · currency: CAD · qualifier: estimated value
- operational summarySWP had three employees at the Assignment Date, was operating only the Battle Creek Property (which was running at a loss), and the Trustee is safely suspending that property, retaining two employees to complete the administration and the Swan Hills sale.
- report date20 July 2017