1287838 Alberta Ltd. Kopala Environmental Serivces
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3; sections 13(2) of the Judicature Act, R.S.A. 2000, c.J-2; and 65(7) of the Personal Property Security Act, R.S.A. 2000, c.P-7
- File
- 1803 05959
- Industry
- Energy · Oilfield services
1287838 Alberta Ltd. (Kopala Environmental Services) has been under the receivership of MNP Ltd. since March 29, 2018, when the Court of King's Bench of Alberta granted the appointment on the application of The Toronto Dominion Bank under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act and section 65(7) of the Personal Property Security Act, in court file 1803 05959. On a consolidated basis with related entities 1287839 Alberta Ltd., Pricope Matwychuk Holdings Ltd., Fehr Quality Contracting Inc. and 101279740 Saskatchewan Ltd., internal statements put assets at approximately $10,087,240 as at the appointment date: real property $5,460,610, equipment and machinery $3,126,630, and accounts receivable of $1,500,000 whose collectability the Receiver has not yet ascertained. Toronto Dominion Bank was owed an estimated $4,829,030 and the Business Development Bank of Canada $5,131,960. The Receiver's claims register of March 30, 2018 records unsecured claims led by Lakeland Co-op at $346,409.02, Cougar Fuels Ltd. at $230,167.78 and MJ's Water Hauling Co. Ltd. at $194,866.99. The receivership remains active.
The officer filed report no. Third Report. The Company's oilfield services operations have ceased; the Receiver has been realizing assets (real property listings, equipment auction, A/R collection) and administering priority creditor claims rather than continuing business operations.
Application filed in the Alberta court under file no. 1803 05959, commencing the receivership proceeding against 1287838 Alberta Ltd.
Source: Application Document
The officer filed report no. Second Report. The Company's oilfield water/waste management operations were substantially halted prior to receivership; the Receiver took possession of assets, terminated employees, is winding down via collection of accounts receivable, has solicited and accepted an auction proposal for equipment liquidation, and is pursuing sale of real property.
The officer filed report no. First Report. The Receiver took possession of the Company's premises and assets, addressed the status of the Company's insurance policies with the broker MHK, and replaced the Northbridge policy with its own blanket coverage; the report focuses on resolving the unearned insurance premium issue rather than ongoing business operations.
Court appointed MNP Ltd. as Receiver over Kopala on The Toronto Dominion Bank's application, invoking BIA s. 243(1), Judicature Act s. 13(2) and PPSA s. 65(7).
Source: March 29, 2018 Appointing Order
Debtor
1287838 Alberta Ltd. Kopala Environmental Serivces
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Graesser | Court of King's Bench of Alberta | 1 order, Oct 2018 | 16 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorCanada Revenue Agency McLENNAN ROSSLLP | McLennan Ross LLP | 29 Aug 2018 | Order · 29 Aug 2018 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesValue listed as $1.00 - amount unknown; Receiver to obtain current balance from secured creditor; also appears as unsecured claim of $1.00 on Claims Register (page 3) — debtor: Kopala · as of 29 Mar 2018 | $1 | Notice & Statement of the Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
90 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansBDC: a distribution.Filed Third Report of the Receiver · 20 Aug 2018
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | BDC | — | per the receiver | Filed Third Report of the Receiver · 20 Aug 2018 | |
| Secured | TD Bank | — | interimconditional | per the receiver | Filed Third Report of the Receiver · 20 Aug 2018 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans1 engagement · 1 firm — Ogilvie LLP, incl. taxFiled Third Report of the Receiver · 20 Aug 2018
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Ogilvie LLPCounsel to the receiver | — | — | not stated | Filed Third Report of the Receiver · 20 Aug 2018 |
1 blurred figure above
What the firm billed — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$5.37M
As at 20 Aug 2018Filed Third Report of the Receiver
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Filed Fifth Report of the Receiver
| PDF · Subscribers | |
October 2 2018 Court Order
| PDF · Subscribers | |
Filed Fourth Report of the Receiver
| PDF · Subscribers | |
August 29, 2018 Court Order
| PDF · Subscribers | |
Filed Third Report of the Receiver
| PDF · Subscribers | |
May 14, 2018 Court Order
| PDF · Subscribers | |
Filed First Report of the Receiver
| PDF · Subscribers | |
Application Document
| PDF · Subscribers | |
Filed Second Report of the Receiver
| PDF · Subscribers | |
Notice & Statement of the Receiver
| PDF · Subscribers | |
March 29, 2018 Appointing Order
| 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., “1287838 Alberta Ltd. Kopala Environmental Serivces” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/1287839-alberta-ltd-oa-kopala-environmental