British Columbia · Receivership (court-appointed)
First Report of the Receiver dated October 7, 2026
Court officer report · 7 October 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 filing5 verified
- operational summaryThe Debtors' business continues operating on active projects while the Receiver seeks court approval of a sale to Premium Restoration Ltd. via share purchase agreement and reverse vesting order, targeted to close October 9, 2026; most employees are to be retained and trade liabilities on active projects assumed by the purchaser.
- purchaserPremium Restoration Ltd.
- report date7 October 2026
- report noFirst Report
- sale outcometext: Receiver seeks approval on October 8, 2026 of the sale of the Debtors' business to Premium Restoration Ltd. under an SPA and RVO, with closing targeted for October 9, 2026. · scope: whole_business · status: pending_approval