#Order
Interim order pronounced, marking the commencement of the Division I proposal proceeding in the Court of King's Bench of Alberta under file 24-2746511.
Source: Order Discharging Trustee
12703131 Canada Ltd
ClosedFollow
- Proceeding
- ProposalSection 49 of the Bankruptcy and Insolvency Act
- File
- 24-2746511
- Industry
- Transportation & logistics · Marine & rail
OverviewSummary updated
12703131 Canada Ltd is the subject of a Division I proposal proceeding under the Bankruptcy and Insolvency Act, commenced on December 8, 2025 in the Court of King's Bench of Alberta under court file number 24-2746511. An interim order was pronounced the same day. The proceeding remains active. Nothing further has been recorded on the file: no subsequent orders, reports or hearing dates appear on the record, and the terms of the interim order have not been set out. Creditors following the matter have, to date, only the commencement and that first order to work from.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
#Order
Certificate of Appointment was filed. Court file 24-2746511.
Source: Certificate of Appointment
Parties
Debtor
12703131 Canada Ltd
Proposal trustee
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bridging Income Fund LP (c/o PwC) · in 2 casesOther – shares in 7198362 Manitoba Ltd., given 2021-03-03 — Estimated value of security stated at $1.00, producing an estimated $206,393,820.00 deficiency reported as an unsecured claim of the same creditor in List 'A' (bifurcated secured/unsecured claim by security valuation). — debtor: 12703131 Canada Ltd. · as of 12 Jul 2021 | $206M | Creditors Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
6 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments5 filings
| Date | Document | File |
|---|---|---|
Order Discharging Trustee
| PDF · Subscribers | |
Minutes of the First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Order Termination of Period for Filing a Proposal Payment of Professional Fees
| 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., “12703131 Canada Ltd” (Proposal), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/12703131-canada-ltd