Interim order granted, the commencement step in this Alberta receivership under court file 2403 09023; it is the only order the record reflects.
Blackstone Investments (AB) Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 49(2) of the Law of Property Act and sections 13(2) of the Judicature Act
- File
- 2403 09023
Blackstone Investments (AB) Ltd. is the subject of a court-appointed receivership in the Court of King's Bench of Alberta, court file 2403 09023, commenced on 12 May 2025 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The record carries a single step: an interim order granted on the commencement date. The proceeding is recorded as closed. Nothing further appears on the record — no receiver's reporting, no claims process, no sale or distribution, and no scheduled attendance.
The court appointed MNP Ltd. as receiver and manager, on the application of Ironwood Mortgage Investment Corporation. Court file 2403 09023.
Source: Consent Receivership Order
Debtor
Blackstone Investments (AB) Ltd.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Gill | Court of King's Bench of Alberta | 1 order, Mar 2025 | 37 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Dentons Canada LLP | 3 Mar 2025 | Application · 3 Mar 2025 |
| CreditorIronwood Mortgage Investment Corporation | Dla Piper LLP | 3 Mar 2025 | Service list · 3 Mar 2025 |
| CreditorOwners: Condominium Plan No. 9521451 Caveat re: Condo Fees Instrument No. 242 173 733 Instrument No. 242 177 536 Instrument No. 242 173 754 Instrument No. 2 | Witten LLP | 3 Mar 2025 | Service list · 3 Mar 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Ironwood Mortgage Investment Corporation · in 2 casesFirst-charge Memorandum of Mortgage dated May 30, 2023 (registered No. 232 226 820 on July 26, 2023) against the Blackstone Mortgaged Lands (Condominium Plan 9521451, Units 13-16); General Security Agreement dated May 30, 2023; General Assignment of Rents and Leases dated May 30, 2023; plus collateral mortgages granted by guarantors over their personal residential condo units securing their Personal Guarantees (Aarti Mortgage, registered No. 232 226 823; Pawandeep and Sonia Mortgage, registered No. 232 226 824) — Personal Guarantees (joint and several) given by guarantors Pawandeep Dhunna, Son · as of 24 Apr 2024 | $2.38M | Affidavit of Parmeet Roopra |
| Secured | Condominium Corporation No. 9521451Pending registration against title to the Blackstone Mortgaged Lands in respect of outstanding condominium contributions — Amount not stated; registration is subordinate to Ironwood's first-charge Blackstone Mortgage — debtor: Blackstone Investments (AB) Ltd. | — | Affidavit of Parmeet Roopra |
| Secured | City of Edmonton · in 27 casesTax Notification registered against title to the Pawandeep and Sonia Mortgaged Lands — Amount not stated; registration is subordinate to Ironwood's first-charge Pawandeep and Sonia Mortgage; property owned by individual guarantors — debtor: Pawandeep Dhunna and Sonia Dhunna · as of 22 Apr 2024 | — | Affidavit of Parmeet Roopra |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Closed · the record states no distribution outcome.
10 engagements · 2 firms — latest: Dentons Canada LLP, 8 Jul 2024 – 31 Mar 2025, $30,448.18 soughtFee Affidavit of Kristin Gray · 5 May 2025
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dentons Canada LLPCounsel to the receiverperiod 3 of 3 | 8 Jul 2024 – 31 Mar 2025Sought | — | $30,448.18ex. tax | not stated | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
| Dentons Canada LLPCounsel to the receiverperiod 2 of 3 | 1 Jan – 31 Jan 2025 | 2.3 | $1,323.50 | $575 – $5802 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
2 people — Dentons Canada LLP, 1 Jan – 31 Jan 2025
| |||||||||||||||||||||||||||||||||||
| Dentons Canada LLPCounsel to the receiverperiod 1 of 3 | — | 21.1 | — | $250 – $6403 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
3 people — Dentons Canada LLP, —
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 7 of 7 | 24 Jul 2024 – 31 Mar 2025Sought | — | — | not stated | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 7 of 7 | 1 Mar – 31 Mar 2025 | 19 | $9,469.70ex. tax | $256 – $6855 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Mar – 31 Mar 2025
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 5 of 7 | 1 Feb – 28 Feb 2025 | 24.7 | $12,277.10ex. tax | $256 – $6854 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
4 people — MNP Ltd., 1 Feb – 28 Feb 2025
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 4 of 7 | 1 Dec – 31 Dec 2024 | 7.8 | $3,774.60ex. tax | $256 – $6855 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Dec – 31 Dec 2024
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 3 of 7 | 1 Oct – 31 Oct 2024 | 13 | $5,288.30ex. tax | $256 – $6855 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Oct – 31 Oct 2024
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 2 of 7 | 1 Aug – 31 Aug 2024 | 23.2 | $10,822.00ex. tax | $255 – $6854 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
4 people — MNP Ltd., 1 Aug – 31 Aug 2024
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 1 of 7 | 24 Jul – 31 Jul 2024 | 17.8 | $7,878.00ex. tax | $255 – $6854 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||
4 people — MNP Ltd., 24 Jul – 31 Jul 2024
| |||||||||||||||||||||||||||||||||||
Top rate $685 · 33rd percentile of receiver rates, 2025 · of 49
| Date | Document | File |
|---|---|---|
Order for Final Distribution and Discharge
| ||
| Webex Information | ||
Fee Affidavit of Kristin Gray
| ||
| Receiver's Second Report to Court | ||
| Amended Sale Approval and Vesting Order | ||
| Application | ||
Sealing Order
| ||
| Webex Confirmation | ||
| Supplemental Report to Court | ||
Brief of Law
| ||
Receiver's First Report to Court
| ||
Service List
| ||
Amended Application
| ||
| Bench Brief | ||
Consent Receivership Order
| ||
Affidavit of Parmeet Roopra
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Blackstone Investments (AB) Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/blackstone-investments-ab-ltd