Edmonton-based A.S.K. Courier Express has been adjudged bankrupt Aug. 13, and MNP appointed its insolvency trustee.
A.S.K. was indebted to Servus Credit Union in the amount of $462,125 as of Jan. 9, plus interest and costs, Servus proved in court.
The company also owes:
- $2 million to Royal Bank of Canada
- $180,579 to 4Refuel
- $17,820 to J8JM Trucking
- $281,923 to Business Development Bank of Canada
- $115,796 to Cadx Group;
- $74,711 to Thunder 5 Corporation
- $5,024 to West Wing Financial
Court documents also suggest the company owes the Alberta Workers’ Compensation Board $75,204, and Canada Revenue Agency $1.17 million.
The trucking and logistics company was founded in October 2014. It began defaulting on its payment obligations to Servus in mid-2024. The company attempted to realize its securities but was only able to recover $15,750 from the sale of two trucks.
Court documents indicate the company has ceased operations. The first meeting of creditors will take place Sept. 3.
