Demolition and Environmental Remediation (Terrasan Environmental Solutions Inc., WCL Management Inc., Terrasan Metal Fabricators Inc.)


Nature of Engagement

Bankruptcy Trustee of 3 related companies providing demolition and environmental remediation contracting services with total liabilities of $45 million and substantial priority trust claims owing to Canada Revenue Agency

Summary of Strategy Employed & Outcome

Engaged by Canada Revenue Agency to realize on the capital assets and accounts receivable in order to maximize realizations for all creditors.

Trustee In Charge

Mukul Manchanda

Managing Partner, Corporate Restructuring & Insolvency

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