British Columbia · Receivership (court-appointed)
SOAP – Notice and Statement of the Receiver dated June 4, 2025
Notice of receiver (s. 245 / Form 87) · 4 June 2025
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
- financial positionnote: Furniture, furnishings and equipment and real property (the Purchased Assets) are recorded at nil book value; SOAP has not recorded these within its financial reporting, though sale proceeds were collected by the Receiver. No balance-sheet liabilities total is presented; a separate 'Listing of Creditors' (Schedule 'A') totals $2,111.40 in unsecured claims, though member claims within that total are not yet quantified. · page: 2 · as at: 2025-04-30 · basis: Draft internal financials reported by SOAP; book values not yet verified by the Receiver · scope: Shell Owners Association – Pacific (SOAP), entity-level only · currency: CAD · total assets: 568077
- secured creditorsnote: Interest vested off pursuant to the Approval and Vesting Order; security discharged. No registration amount stated. · page: 2 · as of: Approval and Vesting Order dated May 8, 2025 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Computershare Trust Company of Canada · currency: CAD · security: Registered interest on title to Purchased Assets (Land Title system)
- secured creditorsnote: Interest vested off pursuant to the Approval and Vesting Order; security discharged. No registration amount stated. Receiver states no other creditors hold a registered interest against the Property. · page: 2 · as of: Approval and Vesting Order dated May 8, 2025 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Hamsor Holding Corporation · currency: CAD · security: Registered interest under Personal Property Security Act (PPSA)
- secured creditorsnote: Interest vested off pursuant to the Approval and Vesting Order; security discharged. Registered party is also the debtor entity itself. No registration amount stated. · page: 2 · as of: Approval and Vesting Order dated May 8, 2025 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Shell Owners Association - Pacific · currency: CAD · security: Registered interest on title to Purchased Assets (Land Title system)
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver based on SOAP's books and records (Schedule 'A') · amount: 1 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: ComputerShare · currency: CAD
- unsecured creditorsnote: CRA claim; deemed-trust class not otherwise specified in document. · page: 4 · basis: Listing of Creditors compiled by the Receiver based on SOAP's books and records (Schedule 'A') · amount: 1 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Document states quantification of member claims is not determinable at this time and will be finalized through a Receiver's claims process; figure shown is as reported in Schedule 'A'. · page: 4 · basis: Listing of Creditors compiled by the Receiver based on SOAP's books and records (Schedule 'A') · amount: 2108.4 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Members of Shell Owners Association - Pacific · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver based on SOAP's books and records (Schedule 'A') · amount: 1 · debtor: Shell Owners Association – Pacific (SOAP) · creditor: Marsh Canada Limited · currency: CAD