British Columbia · Bankruptcy
Merritt FuelCo LP and Nicola Valley FuelCo Inc. Notice to Creditors Package
Notice to creditors · 13 June 2022
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 filing11 verified
- financial positionnote: Statement of Affairs also reports a Deficiency of $11,198,012.93 (Total liabilities less Total assets); Secured creditors per List "B" total $0.00 and Preferred creditors per List "C" total $0.00; document states no secured creditors. · page: 4 · as at: 2022-06-07 · basis: Statement of Affairs (Form 78, Business Bankruptcy) - as stated and estimated by the officer, sworn/declared June 13, 2022 · scope: Consolidated - Merritt FuelCo LP and Nicola Valley FuelCo Inc. (administered on a consolidated basis per Court Order) · currency: CAD · total assets: 4113216.14 · total liabilities: 15311229.07
- unsecured creditorsnote: Related party - shares registered office address with other affiliated entities in Montreal (same address as GP/related Veolia group entities) · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 247962.14 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Fort St. James FuelCo LP (V262) · currency: CAD
- unsecured creditorsnote: Related party - shares registered office address with other affiliated entities in Montreal · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 63516.03 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Fort St. James Operations Services LP (V261) · currency: CAD
- unsecured creditorsnote: Related party - general partner entity, same address as affiliated group · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 159041.06 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Merritt Fuel HoldCo Inc. (GP) (V266) · currency: CAD
- unsecured creditorsnote: Related party - shares registered office address with other affiliated entities in Montreal · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 169690.91 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Merritt Operations Services LP (V269) · currency: CAD
- unsecured creditorsnote: Related party - Veolia group entity, same address as affiliated group; largest unsecured claim · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 13751727.79 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Veolia ES Canada (R274) · currency: CAD
- unsecured creditorsnote: Related party - Veolia group entity, same address as affiliated group · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 72.65 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Veolia North America LLC (2407) · currency: CAD
- unsecured creditorsnote: Related party - Veolia group entity, same address as affiliated group · page: 5 · as of: 2022-06-07 · basis: Statement of Affairs List "A" - Unsecured Creditors, as stated and estimated by the officer · amount: 919216.49 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Veolia Energy Canada Inc. (V327) · currency: CAD
- unsecured creditorsnote: Contingent claim; nature of liability listed as "Other" · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs List "D" - Contingent or Other Liabilities, as stated and estimated by the officer · amount: 1 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Basran Freight & Lumber, a division of Basran Ind. Ltd. · currency: CAD
- unsecured creditorsnote: Contingent claim; nature of liability listed as "Other" · page: 8 · as of: 2022-06-07 · basis: Statement of Affairs List "D" - Contingent or Other Liabilities, as stated and estimated by the officer · amount: 1 · debtor: Merritt FuelCo LP and Nicola Valley FuelCo Inc. · creditor: Cloverdale Fuel Ltd. · currency: CAD
- secured creditors