Saskatchewan · NOI
Trustee's Report dated October 31, 2022
Court officer report · 31 October 2022
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
- financial positionnote: Assets and liabilities carry different as-at dates: assets are book value as at August 31, 2022; liabilities are as at the Initial Filing Date (May 9, 2022) and cover only creditors with claims of $250 or more (First Nations Bank of Canada $3,159,834; Related Entities $1,065,340; Other Payables $4,150,072). The report states related-party claims are significantly higher than listed in the NOIs due to inter-company loan balances identified by the Proposal Trustee (approx. $7.7 million total Related Creditor claims). Estimated unsecured claims total approx. $3.18 million, excluding the BP Damages Claim ($13.5 million estimate, unverified). · basis: Unaudited internal financial information; assets shown at book value as at August 31, 2022; liabilities per the NOIs (claims of $250 or more) as at the Initial Filing Date. Proposal Trustee states it has not audited or verified the information. · scope: Consolidated Proceedings of Tron Construction & Mining Limited Partnership and Tron Construction & Mining Inc.; operations are conducted through Tron LP and Tron Inc.'s transactions are described as negligible. · currency: CAD · total assets: 13203332 · total liabilities: 8375246