Vertex Downhole Ltd.
Filing Date: July 15, 2022
On February 4, 2022, Vertex Downhole Ltd. filed a Notice of Intention to make a Proposal. Grant Thornton was named Trustee in the Proceedings. On March 4, 2022 an extension of time of 45 days was granted and MNP Ltd. was substituted to act as Trustee under the Proposal. As a result of the court not extending Vertex's stay of proceedings, the company is now deemed bankrupt as of July 14, 2022.
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Rick Anderson
CIRP, LIT, CPA, CMA, CFE
CIRP, Licensed Insolvency Trustee (LIT), Vice-President
Servicing Calgary and 1 other offices.