Proceedings.

1704455 Alberta Ltd.

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Closed
Proceeding
Receivership (court-appointed)Subsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
File
2003 12798
Filings held2
Last activity22 Oct 2020
On the record2,161 days
Secured debt$827K
OverviewSummary updated

1704455 Alberta Ltd., operating as La Biche Inn, is in court-appointed receivership before the Court of King's Bench of Alberta. On October 22, 2020, Justice D.R. Mah granted a receivership order under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act, appointing MNP Ltd. receiver, which filed a notice of its appointment under sections 245 and 246 of the Bankruptcy and Insolvency Act. Servus Credit Union was owed an estimated $826,510. The receiver had not yet obtained appraisals of the real property and equipment. Its Notice and Statement of Receiver placed placeholder values of $1 on claims by the Canada Revenue Agency, Lac La Biche County, which holds a property tax lien, Alberta Finance, EPCOR and the Workers' Compensation Board, pending determination of the amounts owed.

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Case updates2 dated entries
#Filing

MNP Ltd. filed a notice of its private appointment under sections 245 and 246 of the Bankruptcy and Insolvency Act.

Source: Notice & Statement

#Order

Justice D.R. Mah granted a receivership order on October 22, 2020, appointing MNP Ltd. receiver of 1704455 Alberta Ltd., operating as La Biche Inn.

Source: Receivership Order

Parties

Debtor

1704455 Alberta Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesValue listed at $1.00 where current amount owed is not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement
4SecuredServus Credit Union · in 13 casesEstimated amount owed to secured creditor per Notice and Statement of Receiver — debtor: 1704455 Alberta Ltd. dba La Biche Inn$827KNotice & Statement
4SecuredLac La Biche County (Property Tax) · in 3 casesProperty tax lien — Value listed at $1.00 where current amount owed is not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement
8UnsecuredEPCOR · in 49 casesPlaceholder value of $1.00; exact amount not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement
8UnsecuredWCB · in 16 casesPlaceholder value of $1.00; exact amount not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement
8UnsecuredAlberta Finance · in 5 casesPlaceholder value of $1.00; exact amount not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement
8UnsecuredCRA · in 43 casesPlaceholder value of $1.00; exact amount not yet known — debtor: 1704455 Alberta Ltd. dba La Biche Inn$1Notice & Statement

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.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents2 filings
DateDocumentFile
Notice & Statement
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 22 October 2020
  • Financial position per Property values not yet known; listed as $TBD pending appraisal · 1704455 Alberta Ltd. dba La Biche Inn — Real Property and Chattels/Equipment amounts listed as '$TBD' as values not yet known; Receiver reviewing records for appraisal
  • + 3 more extracted facts
PDF
Receivership Order
  • Applicant Servus Credit Union Ltd.
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 22 October 2020
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1704455 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/1704455-alberta-ltd

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/1704455-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.