Saskatchewan · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 27 January 2025
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What we verified from this filing10 verified
- secured creditorsnote: Municipal property tax arrears; priority creditor · page: 5 · as of: 2024-09-05 · amount: 70048.81 · debtor: 101079936 Saskatchewan Ltd. · creditor: City of Regina · currency: CAD · security: Tax lien registered against Business Premises (April 18, 2024)
- secured creditorsnote: Payroll source deductions arrears; deemed trust class; CRA had not filed a claim as of report date and intends to conduct a trust examination · page: 5 · as of: 2024-11-28 · amount: 392947.07 · debtor: 101079936 Saskatchewan Ltd. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: GST arrears; deemed trust class; CRA had not filed a claim as of report date · page: 5 · as of: 2024-11-28 · amount: 2719.86 · debtor: 101079936 Saskatchewan Ltd. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Estimated balance owing, plus interest and costs; described as primary secured creditor · page: 5 · as of: 2024-10-31 · amount: 1949782.25 · debtor: 101079936 Saskatchewan Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Two mortgages registered on title of Business Premises (July 8, 2008 and October 22, 2015) and General Security Agreement over all present and after-acquired personal property (registered June 14, 2012)
- secured creditorsnote: Component balances: Conexus - $53,029.10, $46,577.38, and $35,139.29 (as of Dec 3, 2024) on three Dodge Rams; DLL - $39,180.04 (as of Jan 9, 2025) on forklift. Not summed per document. · page: 5 · debtor: 101079936 Saskatchewan Ltd. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized-equipment PPSA security interests: CU Dealer Finance Corp (Conexus) - three 2022 Dodge Ram 1500s registered Feb 23, 2022; De Lage Landen Financial Services Canada Inc. (DLL) - 2023 Manitou/MI25G Forklift registered Jan 23, 2023
- secured creditorsnote: Judgment creditor · page: 6 · as of: 2024-08-07 · amount: 19912.96 · debtor: 101079936 Saskatchewan Ltd. · creditor: The Ultimate Deck Shop Inc. · currency: CAD · security: Enforcement Charge – Provincial Judgment registered against Business Premises
- secured creditorsnote: Regulatory/government judgment charge; amount not stated · page: 6 · as of: 2024-09-25 · debtor: 101079936 Saskatchewan Ltd. · creditor: Saskatchewan Finance – Revenue Division · currency: CAD · security: Enforcement Charge – Provincial Judgment registered against all personal property and lands of debtor in Saskatchewan (Personal Property Registry)
- purchaserVetscape Holdings Inc.; price: sealed: false · scope: 936's equipment and chattels and inventory · status: proposed · name note: equipment, chattels and inventory sold via online auction; purchasers unnamed · structure: auction · name source: operative · relationship: unstated
- sale advisorMcDougall Auctioneers
- sale outcometext: Receiver seeks Court approval of the Vetscape Amended Offer and a vesting order; equipment auction pending · scope: parcel · status: pending_approval