Proceedings.

Bennette Chase Inc.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and sections 13(2) of the Judicature Act
File
2501-16951
Filings held13
Last activity21 Sep 2026
On the record218 days
Secured debtSubscribers
OverviewSummary updated

Bennette Chase Inc. is in court-appointed receivership in Alberta following a receivership order pronounced on April 1, 2026 in the Court of King's Bench of Alberta in Bankruptcy and Insolvency, under Court File No. 2501-16951. The proceeding is grounded in section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and it remains active. The record in this matter presently begins and ends with the April 1, 2026 order; no later milestone has been entered against the file.

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Case updates13 dated entries
#Report

MNP Ltd.'s First Report: the first sale process drew over 40 signed NDAs but no sale, so a second process follows through NAI Commercial Real Estate Inc.; receipts were $234,752 and disbursements $174,541 to September 4, 2026.

Source: First Report of the Receiver

#Order

Placed Bennette Chase Inc. into court-appointed receivership, the order being pronounced April 1, 2026 in Court of King's Bench of Alberta file 2501-16951.

Source: Receivership Order

Case update

Bennette Chase: a second sale process, and a bigger charge

Justice Marion approved a thirty-day process for the closed Calgary Esso on September 18: bids close at 5:00 p.m. on October 19 with a ten per cent deposit, no condition but court approval, and the receiver free to waive any requirement it sets. A second order raised the Receiver's Charge to $500,000 against $248,467 of unpaid professional fees and sealed the supplement holding the first process's offers.

Case update

Bennette Chase: forty interested parties and no sale

A four-pump Esso on 34 Avenue SE in Calgary has been closed since the receiver took it over in April. Forty parties signed non-disclosure agreements, four thousand people looked at it online, and nobody bought it. On September 8 the receiver asked to relist $405,000 lower and to raise its own charge from $300,000 to $500,000 — against professional fees of $248,467 and $60,200 left in the account.

Parties

Debtor

Bennette Chase Inc.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MarionCourt of King's Bench of Alberta2 orders, Sep 202628 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPBurnet Duckworth & Palmer LLP20 Mar 2026Service list · 20 Mar 2026
ApplicantDentons Canada LLP20 Mar 2026Service list · 20 Mar 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredServus Credit Union Ltd. · in 25 casesIdentified on Alberta Personal Property Registry / Alberta Land Title search — Schedule A table lists a rounded figure of $1,312,915; the affidavit of W.J. (Bill) Moore sworn March 3, 2026 states the exact amount of approximately $1,312,914.58 CAD, which is used as the amount here per the more precise dated figure. — debtor: Bennette Chase Inc. · as of 3 Mar 2026$1.31MNotice and Statement of Receiver - Bennette Chase Inc
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

16 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Sale process approved — The Sale Process is hereby approvedOrder (Approval of Sale Process) · 21 Sep 2026

Bid deadline

19 October 2026

Order (Approval of Sale Process)

PurchaserPriceStatusSource
First Sale Process did not result in a salethe Property · real propertySubscribersNot completedFirst Report of the Receiver
AdvisorsNAI Commercial Real Estate Inc. (sale agent)Order (Approval of Sale Process)
Estate financialsReported figures — never derived
Total assets at filing

As at ·

Cumulative receipts

$235K

As at 8 Sep 2026First Report of the Receiver

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
13 filings
DateDocumentFile
Order (Approval of Activities, Fees, Restricted Court Access, and Related Relief)
  • Presiding officer Justice M.A. Marion
PDF · Subscribers
Order (Approval of Sale Process)
  • Bid deadline 19 October 2026
  • Order date 18 September 2026
  • Presiding officer Justice M.A. Marion
  • Sale advisor NAI Commercial Real Estate Inc. (sale agent)
  • + 2 more extracted facts
PDF · Subscribers
Application (Sale Process)PDF · Subscribers
First Report of the Receiver
  • Operational summary The Receiver took possession of the Gas Station and shut it down on the Receivership Date, and has not operated it since; the Receiver is conducting a second sale process to market and sell the Property after an unsuccessful first sale process.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Confidentiality Agreement
  • Sale outcome Marketed — The Receiver intends to sell the real property of Bennette Chase Inc. at 3101 34 Avenue SE, Calgary, Alberta, under a Sale Process; interested parties must sign this confidentiality agreement to receive confidential information.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Real Property Sale Process
  • Bid deadline 31 July 2026
  • Sale advisor NAI Commercial Real Estate Inc. (sale agent)
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Sale Process Disclosure LetterPDF · Subscribers
Notice and Statement of Receiver - Bennette Chase Inc
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant Servus Credit Union Ltd.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 1 April 2026
  • + 4 more extracted facts
PDF · Subscribers
Application (Appoint Receiver)PDF · Subscribers
Bench Brief of Law
  • Applicant SERVUS CREDIT UNION LTD.
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Court COURT OF KING’S BENCH OF ALBERTA IN BANKRUPTCY AND INSOLVENCY
  • + 4 more extracted facts
PDF · Subscribers
Service List
  • Counsel Dentons Canada LLP
PDF · Subscribers
Affidavit of B. Moore Sworn
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., “Bennette Chase Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/bci

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/bci

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.