Proceedings.

Alvaro Developers Inc. and Alvaro Limited Partnership

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Filings held18
Last activity10 May 2023
On the record1,444 days
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Case updates18 dated entries
Parties

Debtor

Alvaro Developers Inc. and Alvaro Limited Partnership

Receiver

Alvarez & Marsal

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice LittleCourt of King's Bench of Alberta2 orders, Mar 202359 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlvarez & MarsalTorys LLP27 Apr 2023Service list · 27 Apr 2023
ApplicantFasken Martineau DuMoulin LLP27 Apr 2023Service list · 27 Apr 2023
DebtorAlvaro Developers Inc. and Alvaro Limited PartnershipDouglas Robertson LLP27 Apr 2023Service list · 27 Apr 2023
Purchaserpotential interestedDD West LLP27 Apr 2023Service list · 27 Apr 2023
CreditorCertificate of Title 181 195 112, Registration No. 211 062 027 Registration No. 211 087 552 (Builder's Lien)Field Law27 Apr 2023Service list · 27 Apr 2023
CreditorCertificate of Title 181 195 112, Registration No. 211 064 408 (Builder's Lien)Carscallen Leitch LLP27 Apr 2023Service list · 27 Apr 2023
CreditorCourierAndrea Henderson, Barrister & Solicitor27 Apr 2023Service list · 27 Apr 2023
CreditorCustomer File Number: 11562/SARHANFares Law Firm27 Apr 2023Service list · 27 Apr 2023
CreditorDaniel Rodolfo Astete- Cruz and Cruz Custom Homes LtdBurnet Duckworth & Palmer LLP27 Apr 2023Service list · 27 Apr 2023
CreditorKang Construction LtdDLA Piper (Canada) LLP27 Apr 2023Service list · 27 Apr 2023
CreditorLisa Kantor Customer File Number: 157778 Certificate of Title 181 195 112 Certificate of Lis Pendens (231 060 661 and 231 074 550)McLeod Law LLP27 Apr 2023Service list · 27 Apr 2023
CreditorRegent Protection Services LtdDentons Canada LLP27 Apr 2023Service list · 27 Apr 2023
CreditorWRIT OF ENFORCEMENT Creditor of ADI, PPR Registration No. 21072211925Walsh Wilkins Creighton LLP27 Apr 2023Service list · 27 Apr 2023
RecoveriesAs stated in the filings

Bancorp: a distribution.EstimatedReceiver's Second Report (May 2, 2023) · 2 May 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredBancorp—a distributionfinalconditionalEstimatedper the receiverReceiver's Second Report (May 2, 2023) · 2 May 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.

Fees and ratesAs stated in the filings

4 engagements · 2 firms — latest: Alvarez & Marsal Canada Inc., 2 Dec 2022 – 31 Mar 2023, soughtReceiver's Second Report (May 2, 2023) · 2 May 2023

FirmPeriodHoursFeesRatesSource
Alvarez & Marsal Canada Inc.Receiverperiod 2 of 22 Dec 2022 – 31 Mar 2023Sought—not statedReceiver's Second Report (May 2, 2023) · 2 May 2023
Alvarez & Marsal Canada Inc.Receiverperiod 1 of 22 Dec 2022 – 28 Feb 2023Sought—not statedFirst Report of the Receiver (March 21, 2023) · 21 Mar 2023
Torys LLPCounsel to the receiverperiod 2 of 22 Dec 2022 – 31 Mar 2023Sought—not statedReceiver's Second Report (May 2, 2023) · 2 May 2023
Torys LLPCounsel to the receiverperiod 1 of 22 Dec 2022 – 28 Feb 2023Sought—not statedFirst Report of the Receiver (March 21, 2023) · 21 Mar 2023

4 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Documents
18 filings
DateDocumentFile
Approval and Vesting Order (May 10, 2023)PDF · Subscribers
Discharge Order (May 10, 2023)PDF · Subscribers
Restricted Court Access Order (May 10, 2023)PDF · Subscribers
Receiver's Second Report (May 2, 2023)
  • Recovery outcome Entries: per estimated · Stated on: 2023-05-02 · Table missing: The unredacted Forecast Receipts and Disbursements can be found in the Confidential Appendices.
  • Fee schedule Subscribers
PDF · Subscribers
Application of the Receiver (May 1, 2023)PDF · Subscribers
Service List (April 27, 2023)
  • Counsel McLeod Law LLP
PDF · Subscribers
Order re: Approval of SISP and other matters (March 29, 2023)
  • Presiding officer Justice J.S. Little
PDF · Subscribers
Restricted Court Access Order (March 29, 2023)
  • Presiding officer Justice J.S. Little
PDF · Subscribers
Affidavit of Service (March 28, 2023)PDF · Subscribers
Application of the Receiver (March 21, 2023)PDF · Subscribers
First Report of the Receiver (March 21, 2023)
PDF · Subscribers
Alvaro – Notice of Statement of Receiver (December 12, 2022)PDF · Subscribers
Receivership Order (December 6, 2022)
  • Presiding officer Justice D. Mah
PDF · Subscribers
Affidavit of Service (November 28, 2022)PDF · Subscribers
Second Affidavit of Michael Saba (November 28, 2022)PDF · Subscribers
Affidavit of Michael Saba (November 22, 2022)PDF · Subscribers
Application for Receivership Order and Sealing Order (November 22, 2022)
  • Applicant Bancorp Financial Services Inc., Bancorp Balanced Mortgage Fund II Ltd., and Bancorp Growth Mortgage Fund II Ltd.
  • Appointee Alvarez & Marsal Canada Inc.
  • Appointee role receiver-manager
  • Court Court of King’s Bench of Alberta
PDF · Subscribers
Statement of Claim (November 22, 2022)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., “Alvaro Developers Inc. and Alvaro Limited Partnership” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/alvaro-developers-inc-and-alvaro-limited-partnership

Sources last checked · record updated 31 August 2026 · Report a correction · Printed from proceedings.ca/case/alvaro-developers-inc-and-alvaro-limited-partnership

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.

Alvaro Developers Inc. et al. — Receivership | Proceedings.