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Newfoundland Career Academy Limited

In Bankruptcy

Page last updated: July 3, 2014

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of June 30, 2014

That on the application of John Mastropietro and Lorraine Mastropietro, under s.41(11) of the Bankruptcy and Insolvency Act, on the 11th day of June, 2013 the Supreme Court of Newfoundland and Labrador issued an Order appointing PricewaterhouseCoopers Inc, as Trustee in the Bankruptcy estate of Newfoundland Career Academy Limited, for the purpose of completing the administration of the bankruptcy estate.

Newfoundland Career Academy Limited became bankrupt by petition or assignment on September 1, 1998 with Ernst and Young appointed as Trustee of the bankruptcy estate. During administration the bankruptcy estate was transferred to Janes and Noseworthy Limited as Trustee. Janes and Noseworthy Limited obtained a discharge on December 27, 2006 and Newfoundland Career Academy remained undischarged.

On 21st day of May, 2014, John Mastropietro and Lorraine Mastropietro made an application under s.38 of the BIA for an assignment of the Trustee's rights in an action by Newfoundland Career Academy Limited against the Province of Newfoundland and Labrador.

This Web site will be updated as information becomes available.

For more information, please contact: Matthew Snow, Telephone: +1 902 428 2419, or via Email.

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Matthew Snow

Tel: +1 902 428 2419

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