MNP Insolvency

MNP CORPORATE ENGAGEMENTS

The Diamond Bullet Corporation

On October 27, 2008, The Diamond Bullet Corporation, its wholly owned subsidiaries Hat Bit Supply Ltd. and Premiere Manufacturing Ltd., and related companies Dunn Trucking Ltd., R Environmental Labs Ltd., and DBC International Inc. (collectively, the "Debtor Companies") filed Notices of Intention to Make a Proposal and Meyers Norris Penny Limited consented to act as Trustee.

The Debtor Companies, based in Taber, Alberta, manufacture, repair and rent drill bits for use in the oil and gas industry.

On November 25, 2008, Orders were granted to extend the time for the Debtor Companies to file Proposals to January 9, 2009.

On December 4, 2008, Meyers Norris Penny Limited was appointed as interim receiver of the assets, property and undertakings of Premiere Manufacturing Ltd.

On January 9, 2009, an Order was granted to extend the time for the Debtor Companies to file Proposals to February 23, 2009.

On February 20, 2009, an Order was granted to extend the time for the Debtor Companies to file Proposals to March 2, 2009.

On February 26, 2009, Meyers Norris Penny Limited was appointed as receiver of the assets, property, and undertaking of The Diamond Bullet Corporation, R Environmental Labs, Ltd., Hat Bit Supply Ltd., Premiere Manufacturing Ltd., and DBC International Inc.

On March 3, 2009, as the Debtor Companies did not file Proposals and the time for the Debtor Companies to file Proposals was not extended, the Debtor Companies were deemed to have made an assignment in bankruptcy.


Receivership Proceedings

Court Documents
Order Granted - May 7, 2009

Notice of Motion - May 5, 2009

March 31, 2009 Order

Order of Taxation and Discharge of Interim Receiver of Premiere Manufacturing Ltd. - September 3, 2009

Receiver's Report

First Report to Court (Part 1) - May 4, 2009

First Report to Court (Part 2) - May 4, 2009

First Report to Court (Part 3) - May 4, 2009

First Report to Court (Part 4) - May 4, 2009

Receiver's Interim Report - August 24, 2009

Receiver's Interim Report - May 10, 2010

Interim Receivership Proceedings

Interim Receiver's Interim Report

Trustee's Preliminary Report - March 20, 2009

Notice and Statement of Receiver - March 9, 2009


Receivership Order - February 26, 2009


Receiver's Second Report to the Court - February 17, 2009


Receiver's First Report to Court - January 8, 2009

Receiver's First Report to Court - January 8, 2009 - Exhibit A (Part 1)

Receiver's First Report to Court - January 8, 2009 - Exhibit A (Part 2)

Receiver's First Report to Court - January 8, 2009 - Exhibit A (Part 3)

Receiver's First Report to Court - January 8, 2009 - Exhibits B and C

Notice of Invitation for Offers to Purchase

Notice and Statement of Receiver - December 12, 2008

Order Appointing Interim Receiver - December 4, 2008

List of Creditors - December 19, 2008


Bankruptcy Proceedings

Ex Parte Order for Procedural Consolidation - March 19, 2009

Certificates of Assignment - March 10, 2009


DBC International Inc. - Notice to Creditors

Dunn Trucking Ltd. - Notice to Creditors

Hat Bit Supply Ltd. - Notice to Creditors

Premiere Manufacturing Ltd. - Notice to Creditors

R. Environmental Labs Ltd. - Notice To Creditors

The Diamond Bullet Corporation - Notice To Creditors


Notice of Intention - Documents

Trustee's Report to Official Receiver on Non-Filing of Proposal - March 3, 2009

Trustee's Report to Official Receiver - February 24, 2009

Trustee's Third Report to the Court - February 19, 2009 - Schedules 2 and 3


Trustee's Third Report to the Court - February 19, 2009

Trustee's Second Report to the Court - January 8, 2009 - Diamond Bullet Corporation et al

Revised List of Known Creditors as at October 27, 2008 - Diamond Bullet Corporation et al

Trustee's Report to the Court - November 24, 2008 - Diamond Bullet Corporation, Hat Bit Supply Ltd., and Premiere Manufacturing Ltd.

Trustee's Report to the Court - November 24, 2008 - R Environmental Labs Ltd.

Trustee's Report to the Court - November 24, 2008 - DBC International Inc.

Trustee's Report to the Court - November 24, 2008 - Dunn Trucking Ltd. 


Notice of Motion - February 25, 2009

Extension Order - February 20, 2009

Affidavit of Rick Souther - February 20, 2009

Notice of Motion - February 19, 2009

Affidavit of Rick Souther - February 17, 2009

Extension Order - January 9, 2009

Notice of Motion - January 7, 2009

Affidavit of Rick Souther - January 7, 2009

Consent Order - December 4, 2008 - Diamond Bullet Corporation

Consent Order - December 4, 2008 - Hat Bit Supply Ltd.

Consent Order for Procedural Consolidation - December 4, 2008 - Diamond Bullet Corporation et al

Affidavit in Reply, Rick Souther, sworn - December 3, 2008

Notice of Motion - November 28, 2008

Affidavit of Rick Souther_Pages 1 to 51_November 28, 2008

Affidavit of Rick Souther_Pages 52 to 104_November 28, 2008

Order, November 25, 2008 - Diamond Bullet Corporation, Hat Bit Supply Ltd. and Premiere Manufacturing Ltd.

Order, November 25, 2008 - DBC International Inc.

Order, November 25, 2008 - R Environmental Labs Ltd.

Order, November 25, 2008 - Dunn Trucking Ltd.

Notices of Motion - November 21, 2008

Affidavit of Rick Souther - November 20, 2008 - Diamond Bullet Corporation, Hat Bit Supply Ltd., and Premiere Manufacturing Ltd.

Affidavit of Rick Souther - November 20, 2008 - R Environment Labs Ltd.

Affidavit of Rick Souther - November 20, 2008 - DBC International Inc.

Affidavit of Rick Souther - November 20, 2008 - Dunn Trucking Ltd.

Exhibit A to Affidavit of Rick Souther

Exhibits B through E to Affidavit of Rick Souther

Exhibit F of Affidavit to Rick Souther

Exhibits G through J to Affidavit of Rick Souther

Exhibits K through N to Affidavit of Rick Souther

Exhibits O through T to Affidavit of Rick Souther

Exhibits U and V to Affidavit of Rick Souther

Exhibits W and X to Affidavit of Rick Souther

Notice of Intention to Make a Proposal - DBC International Inc.

Notice of Intention to Make a Proposal - R Environmental Labs Ltd.

Notice of Intention to Make a Proposal - Dunn Trucking Ltd.

Notice of Intention to Make a Proposal - The Diamond Bullet Corporation, Premiere Manufacturing Ltd., Hat Bit Supply Ltd.

 

Contact Information

If you require further information, please contact Katherine Bujold at 403.537.7622.


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