Proceedings.

1043569 Alberta Ltd.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, 65(7) of the Personal Property Security Act, and section 49 of the Law of Property Act
File
2503 23336
Filings held15
Last activity30 Jul 2026
On the record241 days
OverviewSummary updated

1043569 Alberta Ltd. is the subject of a court-appointed receivership that remains active. The proceeding was commenced on July 20, 2026, the same date on which an interim order was pronounced, and is carried under court file number 2503 23336. The receivership proceeds on the basis of section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. No further milestones have been recorded in the proceeding since commencement.

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Case updates16 dated entries

13 earlier updates, back to 23 January 2026 subscribers.

Parties

Debtor

1043569 Alberta Ltd.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice LittleCourt of King's Bench of Alberta1 order, Jul 202639 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPMcLennan Ross LLP13 Jul 2026Service list · 13 Jul 2026
ApplicantServus Credit Union LtdDentons Canada LLP13 Jul 2026Service list · 13 Jul 2026
PurchaserGravity Centre Sprucewood Ltd. , c / o Registered Office Rosekamal Girdhar #308Maple Legal Services LLP13 Jul 2026Service list · 13 Jul 2026
CreditorServus Credit Union LtdDentons Canada LLP9 Jan 2026Factum · 9 Jan 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Minister of National Revenue (Canada Revenue Agency) · in 4 casesWrit of Enforcement registered against the Lands (title) on December 5, 2024. — Quasi-governmental/CRA arrears claim registered as a writ of enforcement against the Borrower's title; document does not characterize it further as deemed trust. — debtor: 1043569 Alberta Ltd. · as of 5 Dec 2024$32.8KAffidavit

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

1 more claim across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Sale approvedApproval and Vesting Order granted July 20, 2026, stay of that order not yet satisfied as of report dateSupplement to the Receiver's First Report to Court · 30 Jul 2026

PurchaserPriceStatusSource
Gravity Centre Sprucewood Ltd.the Debtor's right, title and interest in and to the Purchased Assets · real property · nominee/assignee: its nominee · agreement 1 Jun 2026SubscribersApproved20 Jul 2026Approval and Vesting Order
AdvisorsMarcus & Millichap Real Estate Investment Services Canada Inc. (sale agent)Supplement to the Receiver's First Report to Court
Closing termsVesting occurs upon delivery of Receiver's Closing Certificate confirming payment of Purchase Price and satisfaction of closing conditionsApproval and Vesting Order
Fees and ratesAs stated in the filings

6 engagements · 2 firmslatest: McLennan Ross LLP, 20 Jan – 19 Jun 2026Fee Affidavit · 13 Jul 2026

FirmPeriodHoursFeesRatesSource
MNP Ltd.Receiverperiod 4 of 421 Jan – 31 May 2026Sought11 peopleReceiver's First Report to Court · 13 Jul 2026
MNP Ltd.Receiverperiod 3 of 41 Apr – 30 Apr 2026Fee Affidavit · 13 Jul 2026
MNP Ltd.Receiverperiod 2 of 41 Mar – 31 Mar 20268 peopleFee Affidavit · 13 Jul 2026
MNP Ltd.Receiverperiod 1 of 421 Jan – 28 Feb 202610 peopleFee Affidavit · 13 Jul 2026
McLennan Ross LLPCounsel to the receiverperiod 2 of 220 Jan – 19 Jun 2026Fee Affidavit · 13 Jul 2026
McLennan Ross LLPCounsel to the receiverperiod 2 of 2to 19 Jun 2026Receiver's First Report to Court · 13 Jul 2026
121 stated figures across 6 engagements, each sourcedSubscribe to view
Documents
15 filings
DateDocumentFile
Supplement to the Receiver's First Report to Court
  • Sale advisor Marcus & Millichap (sale agent)
  • Sale outcome Sale approved — Approval and Vesting Order granted July 20, 2026, stay of that order not yet satisfied as of report date
  • Financial position · Stalking horse Subscribers
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting occurs upon delivery of Receiver's Closing Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Commencement date 20 July 2026
  • Court file no 2503 23336
  • Order date 20 July 2026
  • + 4 more extracted facts
PDF · Subscribers
Restricted Court Access Order
  • Presiding officer Justice J. S. Little
PDF · Subscribers
Book of AuthoritiesPDF · Subscribers
Brief of LawPDF · Subscribers
Fee Affidavit
PDF · Subscribers
Letter to Commercial Coordinator
PDF · Subscribers
Letter to Service List
  • Counsel Maple Legal Services LLP
PDF · Subscribers
Receiver's First Report to Court
  • Process results 30 NDAs · 1 qualified bids · 1 bids
  • Purchaser Gravity Centre Sprucewood Ltd. · the Property · real property · proposed
  • Fee schedule · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver - Form 87PDF · Subscribers
Receivership Order
  • Applicant SERVUS CREDIT UNION LTD.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 23 January 2026
  • + 4 more extracted facts
PDF · Subscribers
Application
  • Applicant Servus Credit Union Ltd.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Court COURT OF KING'S BENCH OF ALBERTA
  • + 4 more extracted facts
PDF · Subscribers
Bench Brief
  • Counsel Dentons Canada LLP
PDF · Subscribers
Consent to Act As ReceiverPDF · Subscribers
Affidavit
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1043569 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/1043569-alberta-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1043569-alberta-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.