Black Knight Inn Black Knight Inn
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act, and 65(7) of the Personal Property Security Act
- File
- 2003 11578
Black Knight Inn remains in court-appointed receivership in Alberta, with MNP Ltd. acting as Receiver over Black Knight Inn Ltd., Manwood Holdings Ltd. and BKI Holdings Ltd. Servus Credit Union Ltd. obtained the appointment on August 7, 2020 in the Court of King's Bench of Alberta, file 2003 11578, under section 243(1) of the Bankruptcy and Insolvency Act together with section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act. The Receiver put combined assets at approximately $3,424,172, with real property valued from BKI Holdings Ltd.'s 2019 financial statements and realizable values for chattels, equipment and accounts receivable not then known. Secured claims of approximately $4,338,455 exceed that figure, led by Servus at roughly $2,722,171 and Ernie Mandrusiak at $1,500,000.
The officer filed report no. Second Report. The Receiver continued to monitor and insure the Hotel property, addressed maintenance needs, pursued a property tax appeal, and negotiated a sale of the Hotel and Surplus Lands to Akoa Investments Ltd., culminating in an unconditional Amended Asset Purchase Agreement pending Court approval.
Source: Receiver's Second Report
The officer filed report no. First Report. The Hotel ceased operations shortly after the Receiver's appointment due to minimal bookings, and the Receiver has since focused on preserving the property and running a sales process, with a prior deal terminated and a new letter of intent being negotiated.
Source: Receiver's First Report
Order granted appointing a receiver over Black Knight Inn, commencing the Alberta proceeding under court file 2003 11578.
Source: Receivership Order
The officer filed report no. First Report. The Hotel had ceased renting rooms after July 31, 2020 with amenities closed, staff reduced from eleven to five employees, and utilities (power and gas) approximately three months in arrears, though no disconnection notices had been received.
Source: Interim Receiver's First Report
Debtor
Black Knight Inn Black Knight Inn
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesas of Receivership date (August 7, 2020) — Security interest in the property described — Estimated amount owed; approximation — debtor: Black Knight Inn Ltd., Manwood Holdings Ltd., and BKI Holdings Ltd. | $12K | Notice & Statement |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
60 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 engagements · 2 firms — latest: Parlee McLaws LLP, incl. GSTReceiver's First Report · 17 Jun 2021
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| MNP Ltd.Interim receiver | — | not stated4 people | Receiver's First Report · 17 Jun 2021 | ||
| Parlee McLaws LLPCounsel to the receiver | — | — | not stated | Receiver's First Report · 17 Jun 2021 | |
13 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$395K
As at 17 Jun 2021Receiver's First Report
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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See all plans| Date | Document | File |
|---|---|---|
Application September 22 2021
| PDF · Subscribers | |
| Service Letter Re: September 22, 2021 Hearing | PDF · Subscribers | |
Receiver's Second Report
| PDF · Subscribers | |
Receiver's First Report
| PDF · Subscribers | |
Notice & Statement
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Interim Receiver's First Report
| 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., “Black Knight Inn Black Knight Inn” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/black-knight-inn