2173381 Alberta Ltd.
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- B201 976059
2173381 Alberta Ltd., operating as Fatburger, reports total liabilities of $419,163.32 against estimated realizable assets of $77,000 per the Trustee's Schedule "A" Estimated Realization, yielding a deficit of $342,163.32 (Trustee estimate) versus $362,160.32 (Debtor's Statement of Affairs). Secured claims total $298,357.38: Royal Bank of Canada holds a general security agreement over all company property, and BMW Canada Inc. claims security in a 2020 BMW 330i, a claim under Trustee review after the director stated he personally purchased and registered the vehicle. CRA has an expected deemed trust claim of approximately $75,000 for unremitted source deductions, which would rank ahead of other claims if confirmed. Unsecured creditors total $120,805.94 per the Statement of Affairs, though proofs of claim received to date total only $23,367.79; former employees hold preferred claims of $11,425.00 under the WEPPA program.
Undated filings1 — no date appears on the document · show
Debtor
2173381 Alberta Ltd.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 986 casesDeemed trust property claim for unremitted source deductions; described as 'approximately $75,000' and expected, not confirmed. If accurate, ranks in priority to all other claimants (deemed trust class). CRA has not responded to Trustee's request for an administrative fee agreement. — debtor: 2173381 Alberta Ltd o/a Fatburger | $75K | Trustee's Report on Preliminary Administration |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
5 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Creditor Package
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Trustee's Report on Preliminary Administration
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CiteProceedings., “2173381 Alberta Ltd.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/2173381-alberta-ltd