Proceedings.

Alberta Foothills Properties Ltd.

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Closed
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act
File
2101 - 06388
Filings held33
Last activity19 Jul 2023
On the record1,953 days
Secured debtSubscribers
OverviewSummary updated

Alberta Foothills Properties Ltd. has been under court-appointed receivership since May 17, 2021, when the Court of King's Bench of Alberta appointed a receiver over all of the company's property, assets and undertakings. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and is carried on the Alberta court's file numbered 2101-06388. The receivership remains active, and no further steps have been recorded on this file.

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Case updates33 dated entries

30 earlier updates, back to 17 May 2021 subscribers.

Parties

Debtor

Alberta Foothills Properties Ltd.

Receiver

FTI

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice FeasbyCourt of King's Bench of Alberta2 orders, May 202321 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverFTIMLT Aikins LLP31 Aug 2021Application · 31 Aug 2021
DebtorAlberta Foothills Properties Ltd.Miles Davison LLP11 May 2021Application · 11 May 2021
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredATB Financial (Alberta Treasury Branches) · in 56 casesGeneral Security Agreement (Aug 17, 2015) over all present/after-acquired property; Collateral Mortgage against the Lands, registered principal amount $30,000,000 (originally $30,000,000, reduced to $10,300,000 by First Mortgage Amendment July 12, 2016, then increased back to $30,000,000 by Second Mortgage Amendment Sept 2017); General Assignment of Sales Agreements, Specific Assignment of Construction Contracts, and Specific Assignment of Development Agreements/Permits/Approvals (all Aug 17, 2015); first-in-time PPSA and Land Titles charge per Exhibits N and O — Indebtedness stated inclusive · as of 11 May 2021$13.9MAffidavit of J. Sullivan - sworn May 11, 2021

5 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived

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

Documents
33 filings
DateDocumentFile
Affidavit in Support of Receiver's Discharge
  • Commencement date 17 May 2021
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2101 - 06388
PDF · Subscribers
Order for Final Distribution, Approval of Receiver's Fees and Disbursements, Approval of Receiver's Activities and Discharge of ReceiverPDF · Subscribers
Application for Approval of Distribution and Discharge OrderPDF · Subscribers
Fifth Report of the ReceiverPDF · Subscribers
Receiver's CertificatePDF · Subscribers
Amended Approval and Vesting OrderPDF · Subscribers
Order Approving Receiver's Activities and Legal Fees
  • Presiding officer Justice C.J. Feasby
PDF · Subscribers
Sealing Order
  • Presiding officer Justice C.J. Feasby
PDF · Subscribers
Application (Sale Approval And Vesting Order, Sealing Order and Approval of Receiver's Activities)PDF · Subscribers
Fourth Report of the ReceiverPDF · Subscribers
Order Approving Receiver's Activities
  • Presiding officer Justice C.M. Jones
PDF · Subscribers
Sale Approval and Vesting OrderPDF · Subscribers
Application for Sales Approval and Vesting Order, Sealing Order and Order Approving Receiver's ActivitiesPDF · Subscribers
Third Report of the ReceiverPDF · Subscribers
Application for Advice and Direction - filed September 29, 2022PDF · Subscribers
Proof of Filing - Second Report of the Receiver, dated September 29, 2022PDF · Subscribers
Second Report of the ReceiverPDF · Subscribers
Former Wind Walk Lands, Okotoks, AB - Summary BrochurePDF · Subscribers
Affidavit of Colin Gainer, sworn September 2 2021PDF · Subscribers
Affidavit of Jeff Greene, sworn September 3 2021PDF · Subscribers
Appendix - List of AuthoritiesPDF · Subscribers
Appendix - List of Authorities to the Reply BriefPDF · Subscribers
Application for Advice and Direction - Filed August 31, 2021
  • Counsel MLT Aikins LLP
PDF · Subscribers
Brief of Receiver (Advise and Direction Application) - Filed August 31, 2021PDF · Subscribers
Brief of the Town of OkotoksPDF · Subscribers
First Report of the Receiver
PDF · Subscribers
Reply Brief of Receiver and Authorities - Advice and Direction Application
  • Counsel Mlt Aikins LLP
PDF · Subscribers
Service List
  • Counsel MLT Aikins LLP
PDF · Subscribers
Notice and Statement of the ReceiverPDF · Subscribers
Affidavit of J. Sullivan - sworn May 11, 2021
PDF · Subscribers
Application with form of OrderPDF · Subscribers
Receivership Order
  • Applicant ATB Financial
  • Appointee role receiver and manager
  • Court Court of Queen s Bench Of Alberta
  • Court file no 2101-06388
  • + 1 more extracted fact
PDF · Subscribers
Notice of Application
  • Counsel Miles Davison LLP
  • Financial position · Secured creditors Subscribers
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., “Alberta Foothills Properties Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/alberta-foothills-properties-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/alberta-foothills-properties-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.