Alberta · Bankruptcy
Trustee's Preliminary Report
Court officer report · undated
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What we verified from this filing8 verified
- appointeeHudson & Company Insolvency Trustees Inc.
- appointee roleTrustee
- commencement date1 September 2011
- court file noBKY 25-1535453
- proceeding typebia_bankruptcy
- statutory basisSection 16(3) of the Bankruptcy Act
- statutory basisSection 16(3) of the Bankruptcy Act
- secured creditorsnote: Approximately $211,000 was paid into Court by Empire Life; this figure is the amount held/paid into Court, not a separately stated loan balance. Some creditors disputed that BNS should be entitled to secured status; a court judgment issued September 13, 2011 confirmed BNS as a secured creditor entitled to the funds in Court, and the Trustee does not intend to appeal. · page: 3 · as of: 2011-09-13 (Edmonton court judgment date) · amount: 211000 · debtor: Sellars Financial Inc. · creditor: Bank of Nova Scotia · currency: CAD · security: Cash surrender value of one or more insurance policies with Empire Life