Farmers' Advocate Office Advises Lexin-Affected Landowners

  From the December 11, 2017 Issue of Agri-News
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 Landowners affected by the insolvency of Lexin Resources Limited and its subsidiary companies would have recently received a notice from the receiver and trustee, Grant Thornton, regarding the first meeting of creditors and submitting Proof of Claim forms.

The Farmers’ Advocate Office (FAO) is advising landowners to complete the Proof of Claim forms in addition their section 36 application to the Surface Rights Board.

“If a distribution is made to unsecured creditors in the receivership process, the Proof of Claim forms will entitle you to receive a portion,” explains Jeana Schuurman, rural engagement and communications specialist with the Farmers’ Advocate Office. “On the Proof of Claim forms, the landowner should include any amount due and unpaid as of October 25, 2017, even if an application has been submitted to the Surface Rights Board.”

“A landowner should not need the professional assistance of a lawyer, consultant or advisor to complete the Proof of Claim form,” Schuurman clarifies. More information on completing the Proof of Claim form is available on the FAO website.

Landowners may also know Lexin Resources Limited by the names 0989 Resource Partnership, Compton Petroleum Corporation, or MFC Energy Corporation.

Jeana Schuurman
310-FARM (3276)

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For more information about the content of this document, contact Jeana Schuurman.
This document is maintained by Stephanie Irvine.
This information published to the web on November 27, 2017.