Proceedings.

1761112 Alberta Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, sections 13(2) of the Judicature Act, and 65(7) of the Personal Property Security Act
File
2203 12369
Filings held22
Last activity19 Jun 2023
On the record1,494 days
Secured debtSubscribers
OverviewSummary updated

1761112 Alberta Ltd. is in court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, on the application of the Royal Bank of Canada, which was owed approximately $663,076 as of the August 19, 2022 appointment date. The Receiver has also recorded other secured creditors at a nominal $1, their identities and amounts not yet determined. The company's Property consists of a building carried at $350,829.00 and land at $300,000.00 on a book-value basis as at May 31, 2021, a stated total of $650,829 for those two components alone rather than a full balance sheet. The receivership remains active.

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Case updates23 dated entries
#Report

The officer filed report no. Receiver's Second Report. The Receiver completed the sale and transfer of possession of the Building on April 28, 2023, and has since focused on winding up creditor matters (GST refund, property taxes), finalizing fees, and preparing a proposed distribution to RBC before seeking its discharge.

Source: 20230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED)

20 earlier updates, back to 19 August 2022 subscribers.

Parties

Debtor

1761112 Alberta Ltd.

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice LittleCourt of King's Bench of Alberta1 order, Mar 202339 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorClientCertificate Of Independent Legal Advice8 Aug 2022Affidavit · 8 Aug 2022
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesas of receivership appointment date (August 19, 2022) — Approximate amount owed as stated by Receiver; RBC applicant for receivership order — debtor: 1761112 Alberta Ltd.$663KNotice and Statement of Receiver

2 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale closedsale of the Building closed on April 28, 202320230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED) · 19 Jun 2023

PurchaserPriceStatusSource
2218315 Alberta Ltd.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · nominee/assignee: its nominee · agreement 20 Jan 2023not statedClosed28 Apr 202320230619 - 1761112 Receiver's 2nd Report (FINAL…
Closing termsVesting effective upon payment of Net Sale Proceeds and delivery of Receiver's Certificate2203-12369-Filed-2023-03-30-Approval and Vesting Order
RecoveriesAs stated in the filings

Unsecured creditors: no distribution. Royal Bank of Canada a distribution.Estimated20230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED) · 19 Jun 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredRBCRoyal Bank of Canadaa distributionEstimatedper the receiver20230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED) · 19 Jun 2023
Unsecuredno distributionEstimatedper the receiver20230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED) · 19 Jun 2023

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 stated figures across 2 outcomes, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$619K

As at 19 Jun 202320230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED)

3 more reported figures, as at 19 Jun 2023

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Documents
22 filings
DateDocumentFile
(20230627)-2203-12369-Filed-2023-06-19-Application (front page)PDF · Subscribers
(20230627)-2203-12369-Filed-2023-06-19-RecieversSecondReport (front page)PDF · Subscribers
20230619 - 1761112 Receiver's 2nd Report (FINAL COMBINED)
  • Closing confirmed Closed · 28 Apr 2023 · 2218315 Alberta Ltd.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
2203-12369-Filed-2023-06-19-ApplicationPDF · Subscribers
2203-12369-Filed-2023-06-19-OrderPDF · Subscribers
Webex InformationPDF · Subscribers
2203-12369-Filed-2023-05-03-Receiver's-Certificate
  • Closing confirmed Closed · 28 Apr 2023 · 2218315 Alberta Ltd.
PDF · Subscribers
2203-12369-Filed-2023-03-30-Approval and Vesting Order
  • Closing terms Vesting effective upon payment of Net Sale Proceeds and delivery of Receiver's Certificate
  • Order date 28 March 2023
  • Purchaser 2218315 Alberta Ltd. · nominee/assignee its nominee · the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · approved
  • Sale outcome Sale approved — The Transaction is hereby approved
  • + 1 more extracted fact
PDF · Subscribers
2203-12369-Filed-2023-03-30-Sealing Order
  • Presiding officer Justice J.S. Little
PDF · Subscribers
(20230328)-2203-12369-Filed-2023-03-14-APPDF · Subscribers
(20230328)-2203-12369-Filed-2023-03-14-BriefPDF · Subscribers
(20230328)-2203-12369-Filed-2023-03-14-RecieversFirstReport
  • Financial position · Secured creditors · Stalking horse · Unsecured creditors Subscribers
PDF · Subscribers
1761112 Alberta Ltd. - 10856 97 ST RFPPDF · Subscribers
24-116241 176112 Alberta Ltd. Certificate - CopyPDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
2203-12369-Filed-Consent Receivership Order - August 19, 2022PDF · Subscribers
Brief in support of Receivership Application (signed with Authorities and bookmarked)_1PDF · Subscribers
Brief in support of Receivership Application (signed with Authorities and bookmarked)_2PDF · Subscribers
Statement of Claim - 1761112 Alberta LtdPDF · Subscribers
Consent Receivership Order - 1761112 Alberta Ltd
  • Applicant Royal Bank of Canada
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Statutory basis section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, and 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
PDF · Subscribers
Affidavit of Debra Cerny (bookmarked)_1PDF · Subscribers
Affidavit of Debra Cerny (bookmarked)_2
  • Counsel Certificate Of Independent Legal Advice
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., “1761112 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/1761112-alberta-ltd

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/1761112-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.