Page last updated: December 20, 2023
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.
On December 19, 2023, the Court granted the Sales Process Approval Order, among other things, approving the Sales Process in respect of the Company. Further information is available on the "Sales Process" subpage.
On December 13, 2023, the Receiver filed its motion for an order (the “Sales Process Approval Order”) to, among other things:
On the same date, December 13, 2023, the Receiver filed its First Report (the “First Report”) to provide the Court with information concerning:
The motion will be heard on December 19, 2023.
On November 24, 2023, on an application made by the Bank of Nova Scotia and pursuant to section 243(1) of the Bankruptcy and Insolvency Act, the Supreme Court of Nova Scotia in Bankruptcy & Insolvency (the "Court") granted an order (the “Receivership Order”), appointing PricewaterhouseCoopers Inc., LIT as Receiver (the “Receiver”), without security, of certain assets and undertakings of Maritime Fuels Limited (“Maritime” or the “Company”).
On November 16, 2023, Maritime Fuels Limited (the “Company”) made an assignment into bankruptcy for the general benefit of creditors pursuant to the provisions of the Bankruptcy and Insolvency Act (“BIA”) and PricewaterhouseCoopers Inc., LIT (“PwC”) was appointed as Licensed Insolvency Trustee, of the bankruptcy estates of the Company (“Trustee”).
On November 20, 2023, a notice of the bankruptcy and the first meeting of creditors (the "Notice"), a proof of claim form and materials relating to the bankruptcy proceedings was sent to all known creditors of the Company pursuant to the provisions of the BIA. The Notice is available on the "Bankruptcy Notices" subpage.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.