Newfoundland and Labrador · Receivership (court-appointed)
Jimmy Lee Gerald Foss - Second Statement of the Receiver
Court officer report · 10 April 2025
What we verified from this filing9 verified
- commencement date18 March 2024
- provinceNEWFOUNDLAND AND LABRADOR
- disbursementssince: March 18, 2024 (Date of Appointment) · amount: 62909.33 · currency: CAD
- financial positionnote: Assets listed as Fishing Licenses and related Quota with Net Book Value stated as 'Unknown'; Receiver not in possession of any books and records of the Debtor. · as at: 2025-04-04 · basis: Net Book Value (unknown); Receiver not in possession of Debtor's books and records · scope: Property of the Debtor subject to the appointing secured creditor's security · currency: CAD
- operational summaryAs of the report date, the Receiver had not yet realized upon the Debtor's fishing licenses and quota, and had engaged Trinav Marine Brokerage to market and sell the Property; the receivership will conclude once the Property is sold and remaining duties, including fund distribution, are completed.
- professional feesnote: Excludes HST; HST on Receiver's Fees of $3,196.69 shown separately. · party: Receiver (BDO Canada Limited) · amount: 21311.25 · period: March 18, 2024 to April 4, 2025 · currency: CAD
- receipts cumulativesince: March 18, 2024 (Date of Appointment) · amount: 168016.72 · currency: CAD
- report date10 April 2025
- report noSecond Interim Report