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R.D.E. Ventures Inc.
R.D.E. Ventures Inc. (the "Company") is an equipment rental company operating out of Spruce Grove, Alberta.
On July 19, 2019, the Company filed a Notice of Intention to Make A Proposal ("NOI") under subsection 50.4(1) of the Bankruptcy and Insolvency Act.
The Company has filed an Application seeking an Order extending the time in which R.D.E is to file a proposal to their creditors. The Application will be heard on Monday, August 19, 2019 at 2:00 pm at the Law Courts Building in Edmonton, Alberta.
On August 19, 2019, the Company applied for and received an Order extending the time to file a Proposal to September 3, 2019.
On September 3, 2019 the Company filed a Proposal with The Bowra Group Inc. under the Bankruptcy and Insolvency Act.
On September 19, 2019 the Company’s Proposal was rejected by its creditors. As a result of the forgoing the Company was deemed bankrupt as of September 19 2019.
1. National Bank of Canada Receivership Application
2. Wells Fargo Equipment Finance Company Application
3. Meridian OneCap Credit Corp. Application
4. Extension Application
Reports of the Trustee