Newfoundland and Labrador · Receivership (court-appointed)
Foss Fishing Enterprise Limited - Third Statement of the Receiver
Court officer report · 18 July 2025
What we verified from this filing7 verified
- disbursementssince: January 12, 2024, the Date of Appointment · amount: 97602.75 · currency: CAD
- financial positionnote: Assets: Receivables, Equipment & Furniture, Fishing Gear, Fishing Vessel — Net Book Value: Unknown (Receiver not in possession of Debtor's books and records). Secured amounts owed: CIBC - Approx. $3,800,000; Quinlan Brothers Limited - Unknown. · basis: Net Book Value listed as Unknown for assets subject to appointing creditor's security; secured creditor amounts summarized · scope: Property of Foss Fishing Enterprise Limited subject to the appointing creditor's security (receivership estate) · currency: CAD
- operational summaryThe Receiver has completed realization of the Fishing Vessel and related equipment; the remaining property (receivables, equipment/furniture, fishing gear) was found not to exist or to have no realizable value. The receivership is nearing completion pending final distribution of estate funds.
- professional feesnote: Stated excluding HST; separate HST on Receiver's Fees of $4,960.89 also disbursed. · party: Receiver (BDO Canada Limited) · amount: 33072.63 · period: January 12, 2024 to July 18, 2025 · currency: CAD
- receipts cumulativesince: January 12, 2024, the Date of Appointment · amount: 192287.29 · currency: CAD
- report date18 July 2025
- report noThird Interim Report