British Columbia · Receivership (court-appointed)
Third and Final Report to Court dated June 29, 2020.pdf
Court officer report · 29 June 2020
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What we verified from this filing7 verified
- secured creditorsnote: Security registered against 095 but no separate balance stated for this debtor. · page: 12 · debtor: 0951980 B.C. Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: One PPSA security registration dated March 17, 2015 (per BC PPR search as at March 12, 2019)
- unsecured creditorsnote: Deemed trust claim; only partially satisfied from 095's realizations of $977 (full amount of the proven claim not stated). · page: 12 · basis: Source deductions deemed trust claim proven against 095 · debtor: 0951980 B.C. Ltd. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Super priority employee wage claim; paid in full by the Receiver. · page: 12 · as of: Bankruptcy Order date (2019-11-20) · basis: WEPP super priority claim against WRMI · amount: 1591 · debtor: Western Rocky Mountain Industries Ltd. · creditor: Wage Earner Protection Program (WEPP) claimants · currency: CAD
- unsecured creditorsnote: Deemed trust claim; paid in full by the Receiver as a known priority claim ahead of ordinary unsecured claims. · page: 12 · as of: Bankruptcy Order date (2019-11-20) · basis: Source deductions deemed trust claim proven against WRMI · amount: 28760 · debtor: Western Rocky Mountain Industries Ltd. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Approximate amount owed 'according to its Bankruptcy Application' as at October 24, 2019; Receiver states RBC will suffer significant shortfall given funds available for distribution. · page: 13 · as of: 2019-10-24 · amount: 2500000 · debtor: Western Rocky Mountain Industries Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Two PPSA security registrations dated March 17, 2015 (per BC PPR search as at March 12, 2019)
- secured creditorsnote: Province later filed an unsecured claim in the WRMI bankruptcy proceedings in respect of its PST claim, indicating the Crown Charge claim was ultimately pursued as unsecured. · page: 13 · as of: 2018-11-06 · debtor: Western Rocky Mountain Industries Ltd. · creditor: Her Majesty the Queen in Right of the Province of British Columbia · currency: CAD · security: Crown Charge registered November 6, 2018 in respect of BC provincial sales tax (PST)
- unsecured creditorsnote: Amount of the filed unsecured PST claim not stated in this report. · page: 13 · basis: Unsecured claim filed in the WRMI bankruptcy proceedings in respect of PST · debtor: Western Rocky Mountain Industries Ltd. · creditor: Her Majesty the Queen in Right of the Province of British Columbia · currency: CAD