Overview
Pirate Industries Ltd. filed an assignment into bankruptcy naming Crowe MacKay & Company as its Licensed Insolvency Trustee on January 18, 2022. They operated as a holding company, leasing construction equipment to Pirate Excavating Ltd.
RBC holds first charge against all present and after-acquired property (“AllPAAP”) of Pirate Industries Ltd. They have appointed BDO as Receiver pursuant to their AllPAAP security. The Receivership appointment occurred on or about January 31, 2022. Contact for the Receiver is: Martin Chan – phone: (604) 646 6556 or email: mchan@bdo.ca