British Columbia · Winding-up (provincial)
First Report of Liquidator
Court officer report · 14 February 2022
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What we verified from this filing6 verified
- unsecured creditorsnote: Invoice rendered to Timothy Power, not to BGHI directly; related to Whistler Property goods/services · page: 11 · basis: Listing of Claims prepared by Liquidator (Appendix A) · amount: 1459.81 · debtor: Bryn Gwyrdd Holdings Inc. · creditor: Poolside Spa Services Ltd. · currency: CAD
- unsecured creditorsnote: Invoice rendered to SMA Investments Ltd., not to BGHI directly; related to Whistler Property goods/services · page: 11 · basis: Listing of Claims prepared by Liquidator (Appendix A) · amount: 9430 · debtor: Bryn Gwyrdd Holdings Inc. · creditor: Out On A Limb Landscaping Inc. · currency: CAD
- unsecured creditorsnote: Invoice rendered to SMA Investments Ltd., not to BGHI directly; related to Whistler Property goods/services · page: 11 · basis: Listing of Claims prepared by Liquidator (Appendix A) · amount: 3191.47 · debtor: Bryn Gwyrdd Holdings Inc. · creditor: Pipeline Plumbing & Heating Ltd. · currency: CAD
- unsecured creditorsnote: Invoice rendered to Andiamo Ltd., not to BGHI directly; related to Whistler Property goods/services · page: 11 · basis: Listing of Claims prepared by Liquidator (Appendix A) · amount: 21392.84 · debtor: Bryn Gwyrdd Holdings Inc. · creditor: JCF IV Culinary Inc. dba The Collective Kitchen · currency: CAD
- financial positionnote: Balance on hand as of February 8, 2022 was $85,814.86 CAD; estimated disbursements to dissolution total the same amount, resulting in nil final balance. MHI is stated to have no known creditors ('Liquidator is unaware of any creditors of MHI'; para 47, 54). MHI trust balance separately reported as approximately $2,777,400 (page 8), not part of this BGHI-specific accounting. · page: 13 · as at: 2022-02-08 · basis: Estimated Statement of Final Accounts (unaudited, prepared by Liquidator) · scope: Bryn Gwyrdd Holdings Inc. (BGHI) liquidation trust account only · currency: CAD · total assets: 85814.86
- recovery outcomeentries: basis: actual · quote: The Liquidator paid $3,570,000 to) PR Realisations, and currently maintains a balance of approximately $85,800 in the BGHI liquidation trust account, · pct of: unstated · outcome: distribution · currency: CAD · class key: equity · stated by: liquidator · amount low: 3570000 · cumulative: false · amount high: 3570000 · class label: PR Realisations (BGHI shareholder - interim distribution) · creditor name: PR Realisations 1 Limited · interim final: unstated · currency quote: All amounts included herein are in Canadian dollars unless otherwise stated. · claims qualifier: unstated; basis: actual · quote: In accordance with the Direction and Undertaking documents executed by the Receivers, the Liquidator distributed approximately $8,350 from funds held in trust br BGHI. · pct of: unstated · outcome: distribution · currency: CAD · stated by: liquidator · amount low: 8350 · cumulative: false · amount high: 8350 · class label: Farris LLP legal accounts (paid on account of PR Realisations - BGHI) · creditor name: Farris LLP · interim final: unstated · related party: false · currency quote: All amounts included herein are in Canadian dollars unless otherwise stated. · claims qualifier: unstated; basis: actual · quote: In accordance with Direction and Undertaking documents executed by the Receivers, the Liquidator disfributed approximately $8,100 from funds held in trust for MHI. · pct of: unstated · outcome: distribution · currency: CAD · stated by: liquidator · amount low: 8100 · cumulative: false · amount high: 8100 · class label: Farris LLP legal accounts (MHI) · creditor name: Farris LLP · interim final: unstated · related party: false · currency quote: All amounts included herein are in Canadian dollars unless otherwise stated. · claims qualifier: unstated; basis: unstated · quote: As the Liquidator is not aware of any creditors of Mlii, the Liquidator will proceed to distribute available funds to PR Realisations, prepare the Liquidator's final accounts and issue the requisite notice pursuant to section 341 of the I3CA. · pct of: unstated · outcome: nil · stated by: liquidator · class label: MHI creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: | Final Distribution to Shareholder TOTAL | 4,958.24 | $ 85,814.86 | · pct of: unstated · outcome: distribution · currency: CAD · class key: equity · stated by: liquidator · amount low: 4958.24 · cumulative: false · amount high: 4958.24 · class label: Final Distribution to Shareholder (BGHI, estimated disbursements to dissolution) · interim final: final · currency quote: All amounts included herein are in Canadian dollars unless otherwise stated. · claims qualifier: unstated · stated on: 2022-02-14 · table missing: