Skeena Sawmills Ltd., Skeena Bioenergy Ltd. and ROC Holdings Inc., Vancouver, British Columbia-based producers and sellers of timber, lumber and other wood products, were placed into receivership on September 20, 2023, on application by 1392752 B.C. Ltd., owed over $135 million. The companies were adversely affected by high operating costs, poor market conditions, insufficient funding and the increasing cost of materials. A&M was appointed receiver. Counsel is Lawson Lundell for 1392752 B.C. Ltd. and Fasken for the receiver.

By: Dina Milivojevic