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WEQ Holdings Inc. (formerly WesternOne Inc.) – Liquidation
The Bowra Group Inc. was appointed Liquidator (the “Liquidator”) of WEQ Holdings Inc., (“WEQ”), formerly WesternOne Inc., on December 17, 2018 pursuant to an order of the Supreme Court of British Columbia (the “Liquidation Order”).
The Supreme Court of British Columbia also granted an order on December 17, 2018 detailing the claims procedure to be followed in the Liquidation of WEQ (the “Claims Procedure Order”).
Copies of the Liquidation Order and Claims Procedure Order are available under WEQ – Court Documents section of this webpage.
Pursuant to the terms of the Claims Procedure Order a copy of the Claims Procedure Notice and Proof of Claim Form are available under WEQ – Claims Procedure section of this webpage.
On September 24, 2019 the liquidator provided an update as to the liquidation proceedings. As announced in its news release dated July 23, 2019, WEQ made an interim distribution pursuant to a Liquidation Plan dated December 17, 2018 (the “Plan”). The Plan was approved by the Supreme Court of British Columbia (the “Court”) pursuant to an Order dated December 17, 2018 (the “Liquidation Order”).
WEQ is continuing in its efforts to address remaining outstanding matters relating to its liquidation, including tax matters. At this time, WEQ is not aware of the anticipated date of an additional distribution, if any, or the date of its dissolution.
A copy of this Press Release is available under the WEQ – Press Release section of this website.
WEQ – Press Releases
iii. July 23, 2019)
WEQ – Court Documents
WEQ – Claims Procedure