We wish to advise you that Tyee Electric Ltd. filed a Notice of Intention to Make a Proposal on February 6, 2012 and that Boale, Wood & Company Ltd. was appointed Trustee.
For further information, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Tyee Electric Ltd.
February 7, 2012 By
NxtGen Emission Controls Inc. & NxtGen Emission Controls USA Inc.
February 7, 2012 By
We wish to advise you that Boale, Wood & Company Ltd. was appointed Receiver of NxtGen Emission Controls Inc. and NxtGen Emission Controls USA Inc. on June 7, 2011 pursuant to a security agreement in favour of Comerica Inc.
A copy of the Notice of Receiver can be obtained by clicking on the link below. For further information, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
618061 B.C. Ltd.
February 7, 2012 By
We wish to advise you that Boale, Wood & Company Ltd. was appointed Receiver of 618061 B.C. Ltd. on November 24, 2011 pursuant to a Court Order dated November 24, 2011.
Copies of both the Court Order and the Notice of Receiver can be obtained by clicking on the links below. For further information, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Initial Court Order
First Report of Receiver
Notice of Application
Court Order – Expanding Powers
Form 87 – Notice of Receiver
0816985 B.C. Ltd dba Mastercraft Autobody and Richmond Carstar
December 19, 2011 By
0816985 B.C. Ltd. dba Mastercraft Autobody and Richmond Carstar made an assignment in bankruptcy on November 4, 2011 and Boale, Wood & Company Ltd. was appointed as Trustee.
A copy of the creditors’ package can be obtained by clicking on the link below.
For further information on this bankruptcy, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Shaw Installations Ltd.
December 19, 2011 By
Shaw Installations Ltd. made an assignment in bankruptcy on November 21, 2011 and Boale, Wood & Company Ltd. was appointed as Trustee.
A copy of the creditors’ package can be obtained by clicking on the link below.
For further information on this bankruptcy, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
4th Ave. Holdings Inc.
December 19, 2011 By
4th Ave. Holdings Inc. made an assignment in bankruptcy on November 25, 2011 and Boale, Wood & Company Ltd. was appointed as Trustee.
A copy of the creditors’ package can be obtained by clicking on the link below.
For further information on this bankruptcy, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Worldspan Marine Inc. et al
June 6, 2011 By
Updated December 2011
Worldspan Marine Inc., Crescent Custom Yachts Inc., Queenship Marine Industries Ltd., 27222 Developments Ltd. and Composite FRP Products Ltd. (the “Companies”) obtained a Court Order from The Supreme Court of British Columbia on Monday, June 6, 2011 pursuant to the Companies’ Creditors Arrangement Act (“CCAA”). Boale, Wood & Company Ltd. has been appointed the Monitor. The Initial Order provides the companies with a Stay of Proceedings against all actions and creditors. A copy of this Court Order can be obtained by clicking on the link below.
At the comeback hearing held on June 23, 2011, the Stay of Proceedings was extended to July 22, 2011. A copy of this Court Order can be obtained by clicking on the appropriate link below. The Monitors initial report dated June 21, 2011 can be accessed by clicking on the link below.
At the hearing held on July 22, 2011, the Stay of Proceedings was extended to September 20, 2011. A copy of this Court Order dated July 22, 2011 can be obtained by clicking on the appropriate link below. The Monitor’s second report dated July 20, 2011 can be accessed by clicking on the link below. The Court also approved a claims procedure to be followed by creditors of the Companies. Please refer to the Notice to Creditors regarding the claims process and Proof of Claim package by clicking the appropriate links below.
At the hearing on August 11, 2011, Wolrige Mahon Limited was appointed as Vessel Construction Officer (VCO), with a mandate to conduct an analysis of the cost to complete the construction of the Vessel “QE014226C010” (the “Vessel”). It is currently anticipated that the report of VCO will be ready by the end of October, 2011. The order appointing the VCO can be accessed by clicking the link below.
At the hearing on September 19, 2011, the Stay of Proceedings was extended to December 16, 2011. The Companies sought at that hearing the right to market the Vessel to other purchasers, other than the main intended purchaser of the vessel, Harry Sargeant III. The Court gave the Companies that right unless Mr. Sargeant posted $4.0 million (US) in trust by September 29, 2011.
As a result of Mr. Sargeant not posting the funds, the Federal Court ordered on October 7, 2011 that the Companies may market the Vessel to others. The court then set out numerous terms and conditions upon which this may be done. The order regarding marketing can be accessed by clicking the link below.
At the hearing on November 7, 2011 the Supreme Court of British Columbia approved the sale of the land and building owned by 27222 Developments Ltd.
On December 16, 2011, on the application of the petitioners, the Supreme Court of British Columbia granted an order confirming and extending the Initial Order and stay pronounced June 6, 2011, and subsequently confirmed and extended to December 16, 2011, by a further 119 days to April 13, 2012. The petitioners applied for the extension of the Initial Order to April 13, 2012 in order to permit them additional time to work toward a plan of arrangement by continuing the marketing of the Vessel with Fraser Yachts, to explore potential Debtor In Possession (“DIP”) financing to complete construction of the Vessel pending a sale, and to resolve priorities among in rem claims against the Vessel.
For further information regarding this matter, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Creditors
Creditor List
Notice to Creditors
Proof of Claim Package
Notice to Creditors re: Maritime Claims
Notice to Creditors re: Filing Affidavit to Federal Court
Court Orders
Initial Order dated June 6, 2011
Extension Order dated June 23, 2011
Order extending stay to September 20, 2011
Claims Process Order dated July 22, 2011
Federal Court Order dated August 29, 2011
Order appointing Vessel Construction Officer
Federal Court Order re: Listing Vessel for Sale
Order US Chapter 15 Recognizing Foreign Proceeding
Order extending stay to December 16, 2011
Order extending stay to April 13, 2012
Monitors Reports
Report #1 dated June 21, 2011
Report #2 dated July 20,2011
Report #3 dated August 17, 2011
Report #4 dated September 16, 2011
Report #5 dated November 4, 2011
Report #6 dated December 15, 2011
Other Information
Petition to the Court
Service List
Vessel Listing Agreement
Vessel Construction Officer Report #1 dated September 16, 2011
Vessel Construction Officer Report #2 dated October 31, 2011
Alchemy Systems Limited Partnership II
April 20, 2011 By
Updated May 2011
To the Creditors of Alchemy Systems Limited Partnership II, a Limited Liability Partnership, doing business as Shortstop Auto Service with locations in Vancouver, Delta and Surrey.
Please be advised that Alchemy Systems Limited Partnership II and each of its partners, Paul George Inc., Sean George Inc., and Salt Air Management Corp., did not file the requisite proposal within the required time frames and have deemed to have made an assignment in bankruptcy. A copy of the bankruptcy creditors package can be obtained by clicking on the link below.
For creditors wishing to file a proof of claim, please refer to Form 31 (proof of claim), Form 36 (general proxy) and the instructions for completing a proof of claim in the forms section of our website.
Please be advised that Alchemy Systems Limited Partnership II and each of its partners, Paul George Inc., Sean George Inc., and Salt Air Management Corp., have filed a Notice of Intention to Make a Proposal (“NOI”) on April 18, 2011 pursuant to the provisions of the Bankruptcy & Insolvency Act. A copy of the creditor package can be obtained by clicking on the link below. For further information in this matter, please contact John McEown at (604) 605-3335 or by email at jmceown@boalewood.ca
Alchemy Systems Limited Partnership II bankruptcy creditors package
Alchemy Systems Limited Partnership II Notice of Intention creditor package
R.P.M. Erectors Ltd.
April 1, 2011 By
Updated April 2011
On April 1, 2011, R.P.M. Erectors Ltd. made an assignment in bankruptcy and Boale, Wood & Company Ltd. was appointed as Trustee. A copy of the creditors’ package can be obtained by clicking on the link below. For further information on this estate, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
For creditors wishing to file a proof of claim, please refer to Form 31 (proof of claim), Form 36 (general proxy) and the instructions for completing a proof of claim in the forms section of our website.
3S Printers Inc. and Gamma Investments Ltd.
January 24, 2011 By
Updated June 2011
3S Printers Inc. and Gamma Investments Ltd. obtained a Court Order from The Supreme Court of British Columbia on Monday, January 24, 2011 pursuant to the Companies’ Creditors Arrangement Act (“CCAA”). The Initial Order provides 3S Printers Inc. and Gamma Investments Ltd. with a stay of proceedings against all actions and creditors. A copy of this Court Order can be obtained by clicking on the link below.
At the comeback hearing held on February 18, 2011, the Stay of Proceedings was extended to May 20, 2011. A copy of this Court Order can be obtained by clicking on the appropriate link below.
The Monitor has issued two reports in April, 2011. The reports can be accessed by clicking on the links below.
On May 4, 2011, the Supreme Court of British Columbia terminated the relief that was initially granted to the Companies. Boale, Wood & Company Ltd. was also discharged as Monitor. A copy of the May 4, 2011 reasons for judgment can be obtained by clicking on the link below. A copy of the Court Order has now been added to this site. It may be obtained by clicking on the link below.
Boale, Wood & Company Ltd. has been appointed the Monitor. For further information regarding this matter, please contact John McEown at (604) 605-3335 or at jmceown@boalewood.ca
Court Orders
Initial Court Order dated January 24, 2011
Court Order dated February 18, 2011
Reasons for Judgement, May 4, 2011
Court Order dated May 4, 2011
Monitor’s Reports
Report #3 dated April 27, 2011
Report #2 dated April 4, 2011
Report #1 dated February 15, 2011
Other Information
Petition to the Court
Sandhu Affidavit #1 (less exhibits)
(Exhibits are available upon request by contacting the Monitor)
Service List
Creditor List