British Columbia · NOI
Third Report of the Proposal Trustee (Filed)
Court officer report · 4 November 2026
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 filing6 verified
- operational summarySonic is in NOI proceedings and, following a court-approved SISP, seeks approval of a going-concern sale of most of its assets and operations to Collicutt, which intends to continue operations uninterrupted and continue employing up to 15 workers.
- process resultsbids: 4 · ndas: 8 · note: Two parties attended the Company's facilities in Chilliwack. · solicited: 72
- purchaserCollicutt Energy Services Corp.
- report date3 November 2026
- report noThird Report of the Proposal Trustee
- sale outcometext: The Proposal Trustee determined the Collicutt APA was the best offer received in the SISP; the Company seeks court approval of it via an Approval and Vesting Order on November 3, 2026. · scope: whole_business · status: pending_approval