1751437 Alberta Ltd., 2416641 Alberta Ltd., 2461394 Alberta Ltd. et al. - o/a The Sweetpal Entities
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2503-08844
1751437 Alberta Ltd., 2416641 Alberta Ltd., 2461394 Alberta Ltd. and the other companies operating as The Sweetpal Entities were placed under a receivership order pronounced by the Court of King's Bench of Alberta on May 8, 2025, the date the proceeding commenced. The matter proceeds under the Bankruptcy and Insolvency Act in Alberta, in court file 2503-08844. The record of this proceeding is closed, and it contains no further steps after the May 8, 2025 order.
Order pronounced May 8, 2025 placing the Sweetpal Entities into receivership, commencing the Alberta proceeding under court file 2503-08844.
Source: Receivership Order
Debtor
1751437 Alberta Ltd., 2416641 Alberta Ltd., 2461394 Alberta Ltd. et al. - o/a The Sweetpal Entities
Receiver
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | National Bank of Canada (as successor to Canadian Western Bank) (the "Lender") · in 101 casesGeneral Security Agreement dated July 28, 2023 (security interest in all present and after-acquired personal and real property, assets and undertakings) — One of three components of total Obligors' indebtedness to the Lender of $16,085,019.09 as at May 2, 2025, per the Lender's payout statements (Exhibit BB); owed under the Burger King Commitment Letter and Burger King Credit Agreement; also secured by Guarantee and Indemnity of the Personal Guarantor (individual, Sherwood Park AB) — debtor: Burger King Borrower and Burger King Corporate Guarantors · as of 2 May 2025 | $10.6M | Sworn Affidavit of Vera Watson_part 1 |
| Secured | |||
| Secured |
2 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
Unsecured creditors: no distribution. National Bank of Canada a distribution.EstimatedFourth Report of the Receiver · 19 May 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredNBC | National Bank of Canada | — | interim | per the receiver | Fourth Report of the Receiver · 19 May 2026 |
| Unsecured | other creditors of the Debtors | — | no distribution | Estimatedper the receiver | Fourth Report of the Receiver · 19 May 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.
1 blurred figure 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 plans| Date | Document | File |
|---|---|---|
Distribution, Approval of Activities and Discharge Order
| PDF · Subscribers | |
Fourth Report of the Receiver
| PDF · Subscribers | |
| Fourth Report of the Receiver Appendices A to B | PDF · Subscribers | |
| Fourth Report of the Receiver Appendices E to J | PDF · Subscribers | |
| Fourth Report of the Receiver Appendix C | PDF · Subscribers | |
| Fourth Report of the Receiver Appendix D | PDF · Subscribers | |
Approval of the Receiver's Activities, Fees and Other Relief
| PDF · Subscribers | |
The Denny's Businesses - SAVO
| PDF · Subscribers | |
| 3. Third Report of the Receiver | PDF · Subscribers | |
| Application Materials for January 22, 2026 | PDF · Subscribers | |
| Brief of Law | PDF · Subscribers | |
| Franchise Restaurants - Request for Offers to Purchase | PDF · Subscribers | |
| Application Returnable September 17, 2025 | PDF · Subscribers | |
| Second Report of the Receiver | PDF · Subscribers | |
Compelling Order
| PDF · Subscribers | |
Consolidation Order
| PDF · Subscribers | |
Application - Request for Information & Records
| PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
| Notice and Statement of Receiver 245 256 | PDF · Subscribers | |
| Filed Lender's Certificate (Default and Appointment of Receiver) | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Sworn Affidavit of V Watson (National Bank of Canada) - part 2 | PDF · Subscribers | |
Sworn Affidavit of Vera Watson_part 1
| 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., “1751437 Alberta Ltd., 2416641 Alberta Ltd., 2461394 Alberta Ltd. et al. - o/a The Sweetpal Entities” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/1751437-alberta-ltd-2416641-alberta-ltd-2461394-alberta-ltd-et-al-o-a-the-sweetp