Interim order pronounced June 8, 2026, the date the bankruptcy proceeding commenced in the Court of King's Bench of Alberta under file B303-232284.
Source: Revised - Order (Advice and Direction and Approval of Fees and Conduct)
1375506 Alberta Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta, carried on court file B303-232284. The proceeding commenced on June 8, 2026, the same day an interim order was pronounced in the matter. No judicial centre is identified on the record, and no further steps have been recorded since commencement. The proceeding remains active.
Interim order pronounced June 8, 2026, the date the bankruptcy proceeding commenced in the Court of King's Bench of Alberta under file B303-232284.
Source: Revised - Order (Advice and Direction and Approval of Fees and Conduct)
The officer filed report no. First Report. The Company sold substantially all of its assets through the court-approved SAVO transaction in October 2025, failed to file a proposal and was deemed bankrupt; it now has no ongoing operations, with the Trustee winding up the estate and proposing a distribution to creditors.
Application (Advice and Direction and Approval of Fees and Conduct) — Application / notice of application
The officer filed a report. The company ceased operations after selling substantially all assets to a related stalking-horse bidder (closed October 29, 2025) and was deemed bankrupt on October 30, 2025; employee obligations were assumed by the purchaser and the company had no directors at bankruptcy.
The court granted an approval and vesting order for the sale to Edge Innovates Inc. Closing terms, as extracted: Vesting occurs upon delivery of a Proposal Trustee's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
Order: Approval of Priority Charge, Stalking Horse SISP, and Stay Extension was filed.
Source: Order: Approval of Priority Charge, Stalking Horse SISP, and Stay Extension
Form 30 - Report on Cash Flow Statement by the Person Making the Proposal — Cash-flow statement
Debtor
1375506 Alberta Ltd.
Proposal trustee
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Little | Court of King's Bench of Alberta | 2 orders, Jun 2026 | 59 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeMNP | McLennan Ross LLP | 12 Sep 2025 | Application · 1 Jun 2026 |
| Applicant1375506 Alberta Ltd. | Field Law | 24 Jun 2025 | Service list · 6 Aug 2025 |
| CreditorCorra Development and Construction Inc | Pushor Mitchell LLP | 1 Jun 2026 | Application · 1 Jun 2026 |
| CreditorEdge Innovations Inc | Dolden Wallace Folick LLP | 1 Jun 2026 | Application · 1 Jun 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Sublime Stables Inc., Bill Dory, and Sandy Doryas of NOI filing date — Individuals named are personal guarantors/co-claimants alongside corporate entity — debtor: Edge Innovations Inc. | $1.42M | Creditor Package - Notice of Intention to Make a Proposal |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
17 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans3 transactions · 2 closed · 1 proposed — The SAVO transaction closed on October 29, 2025.First Report to Court of MNP Ltd. · 1 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Stalking Horse LOI bidder, unnamedthe assets of Edge Innovations Inc. · asset sale | Subscribers | Proposed | Supplemental Report of the Proposal Trustee |
| unnamedthe Stalking Horse LOI deposit | not stated | Closeddate not stated | Supplemental Report of the Proposal Trustee |
| Edge Innovates Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 6 Aug 2025 | Subscribers | Closed29 Oct 2025 | First Report to Court of MNP Ltd. |
Unsecured creditors: a distribution.First Report to Court of MNP Ltd. · 1 Jun 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | proven | per the trustee | First Report to Court of MNP Ltd. · 1 Jun 2026 |
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 plans12 engagements · 3 firms — latest: Field LLP, 6 Aug 2025 – 6 Jun 2026, soughtAffidavit of Abiola Lamina · 5 Jun 2026
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Field LLPCounsel to the applicantperiod 5 of 5 | 6 Aug 2025 – 6 Jun 2026Sought | — | not stated | Affidavit of Abiola Lamina · 5 Jun 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Field LLPCounsel to the applicantperiod 1 of 5 | 1 Jun – 6 Aug 2025 | — | not stated | Fee Affidavit of Abiola Lamina · 6 Aug 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Field LLPCounsel to the applicantperiod 3 of 5 | — | — | 1 person | Affidavit of Abiola Lamina · 5 Jun 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 person — Field LLP · 3 blurred figures
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| Field LLPCounsel to the applicantperiod 3 of 5 | — | — | not stated | Affidavit of Abiola Lamina · 5 Jun 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Field LLPCounsel to the applicantperiod 3 of 5 | — | — | 2 people | Affidavit of Abiola Lamina · 5 Jun 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2 people — Field LLP · 6 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| MNP Ltd.Proposal trusteeperiod 5 of 5 | 1 Aug 2025 – 30 Apr 2026 | 12 people | First Report to Court of MNP Ltd. · 1 Jun 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12 people — MNP Ltd., 1 Aug 2025 – 30 Apr 2026 · 24 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| MNP Ltd.Proposal trusteeperiod 5 of 5 | 21 Oct 2025 – 30 Apr 2026 | 11 people | First Report to Court of MNP Ltd. · 1 Jun 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
11 people — MNP Ltd., 21 Oct 2025 – 30 Apr 2026 · 33 blurred figures
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| MNP Ltd.Proposal trusteeperiod 3 of 5 | 1 Oct – 30 Oct 2025 | 2 people | First Report to Court of MNP Ltd. · 1 Jun 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2 people — MNP Ltd., 1 Oct – 30 Oct 2025 · 6 blurred figures
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| MNP Ltd.Proposal trusteeperiod 2 of 5 | 1 Aug – 31 Aug 2025 | 5 people | First Report to Court of MNP Ltd. · 1 Jun 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Aug – 31 Aug 2025 · 15 blurred figures
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| MNP Ltd.Proposal trusteeperiod 1 of 5 | 1 Jun – 30 Jun 2025 | 3 people | Second Report of the Proposal Trustee · 6 Aug 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3 people — MNP Ltd., 1 Jun – 30 Jun 2025 · 12 blurred figures
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| McLennan Ross LLPCounselperiod 2 of 2 | 17 Jul 2025 – 4 May 2026 | — | not stated | First Report to Court of MNP Ltd. · 1 Jun 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| McLennan Ross LLPCounselperiod 1 of 2 | 9 Jun – 22 Jul 2025 | — | not stated | Second Report of the Proposal Trustee · 6 Aug 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
123 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$366K
As at 27 May 2026First Report to Court of MNP Ltd.
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals 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 |
|---|---|---|
| WebEx Confirmation | PDF · Subscribers | |
Affidavit of Abiola Lamina
| PDF · Subscribers | |
Affidavit of Service
| PDF · Subscribers | |
Revised - Order (Advice and Direction and Approval of Fees and Conduct)
| PDF · Subscribers | |
Application (Advice and Direction and Approval of Fees and Conduct)
| PDF · Subscribers | |
First Report to Court of MNP Ltd.
| PDF · Subscribers | |
Letter to Service List
| PDF · Subscribers | |
Order (Advice and Direction and Approval of Fees and Conduct)
| PDF · Subscribers | |
| Service Letter to Commercial Coordinator | PDF · Subscribers | |
Trustee's First Report to Creditors
| PDF · Subscribers | |
First Meeting of Creditors Notice Package
| PDF · Subscribers | |
| Certificate of Bankruptcy | PDF · Subscribers | |
Order - Approval and Vesting Order
| PDF · Subscribers | |
| Application - Sale Approval and Various Relief | PDF · Subscribers | |
Order
| PDF · Subscribers | |
| Affidavit of Russell Devenish | PDF · Subscribers | |
| Bench Brief | PDF · Subscribers | |
Fee Affidavit of Abiola Lamina
| PDF · Subscribers | |
Fee Affidavit of Kristin Gray
| PDF · Subscribers | |
Second Report of the Proposal Trustee
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Order: Approval of Priority Charge, Stalking Horse SISP, and Stay Extension
| PDF · Subscribers | |
Supplemental Report of the Proposal Trustee
| PDF · Subscribers | |
Application
| PDF · Subscribers | |
Proposal Trustee’s First Report to Court
| PDF · Subscribers | |
Affidavit of Russell Devenish sworn
| PDF · Subscribers | |
Brief
| PDF · Subscribers | |
| Cash Flow Forecast with Schedule A | PDF · Subscribers | |
Form 29 - Trustee's Report on Cash Flow Statement
| PDF · Subscribers | |
| Form 30 - Report on Cash Flow Statement by the Person Making the Proposal | PDF · Subscribers | |
Creditor Package - Notice of Intention to Make a Proposal
| PDF · Subscribers | |
| Amended Certificate of the Notice of Intention | PDF · Subscribers | |
| Certificate of the Notice of Intention | 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., “1375506 Alberta Ltd.” (NOI), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/1375506-alberta-ltd
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1375506-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.