February 3, 2010 - On February 3, 2010, Deloitte & Touche Inc. was appointed by the Court of Queen's Bench of Alberta, Judicial District of Calgary (the "Court") as receiver and manager (the "Receiver") of the assets and property of Euro-tech Services Ltd. ("Euro-tech" or the "Company"). A copy of the Court Order is provided below.
Euro-tech was a distributor of woodworking machinery with locations in Surrey, B.C., Winnipeg, Manitoba, Saskatoon, Saskatchewan, and its head office in Calgary, Alberta.
February 22, 2010 - Deloitte & Touche Inc. was also appointed as Trustee in Bankruptcy of Euro-Tech Services Ltd. pursuant to a Certificate of Appointment issued by the Office of the Superintendent of Bankruptcy on February 22, 2010.
Euro-Tech Services Ltd. is currently in both Receivership and Bankruptcy.
General and creditor inquiries may be directed to David Adams, Deloitte & Touche Inc.,
Euro-Tech Services Ltd. filed an assignment on February 17, 2010 and Deloitte & Touche Inc. was appointed as Trustee in Bankruptcy by the Office of the Superintendent of Bankruptcy, subject to the affirmation of the Trustee’s appointment by the creditors.
The First Meeting of Creditors to consider the affairs of Euro-Tech Services Ltd. will be held on Tuesday, March 9, 2010 at 10:00 a.m. at the following location:
Deloitte & Touche Inc.
3000 Scotia Centre
700 – 2 Street SW
In order to be eligible to vote at the First Meeting of Creditors, creditors must have filed, prior to the meeting, a valid proof of claim form and, where necessary, a proxy.
A Creditors' Package is attached below containing a Proof of Claim/Proxy Form.
Deloitte and Touche Inc., in its capacity as Court-appointed Receiver of Euro-Tech Services Ltd. is offering for sale the Company’s various assets. See the following document for information pertaining to the sale of the assets.
DEADLINE FOR OFFERS: MARCH 12, 2010, 11:00 AM MST
For further information, please contact David Huggins, Deloitte & Touche Inc., at 403-503-1431,