#Order
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.
ClosedFollow
- Proceeding
- Receivership (court-appointed)section 49(2) of the Law of Property Act and sections 13(2) of the Judicature Act
- File
- 2403 09023
- Industry
- Real estate · Rental & income property
OverviewSummary updated
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.
Proceedings AIOpen Proceedings AI
Case updates16 dated entries
#Order
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
Parties
Debtor
Blackstone Investments (AB) Ltd.
Receiver
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Gill | Court of King's Bench of Alberta | 1 order, Mar 2025 | 53 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 (Canada) LLP | 3 Mar 2025 | Service list · 3 Mar 2025 |
| CreditorThe Owners: Condominium Plan No. 9521451 | Witten LLP | 3 Mar 2025 | Service list · 3 Mar 2025 |
Capital structureAs asserted in the filings
| 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 | |||
| Secured |
2 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansThis 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.
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Fees and ratesAs stated in the filings
10 engagements · 2 firms — latest: Dentons Canada LLP, 8 Jul 2024 – 31 Mar 2025, 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 | — | 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 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
| Dentons Canada LLPCounsel to the receiverperiod 1 of 3 | — | — | 3 people | Fee Affidavit of Kristin Gray · 5 May 2025 | |||||||||||||||||||||||||||||||
| 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 | 5 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Mar – 31 Mar 2025 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 5 of 7 | 1 Feb – 28 Feb 2025 | 4 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
4 people — MNP Ltd., 1 Feb – 28 Feb 2025 · 12 blurred figures
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| MNP Ltd.Receiverperiod 4 of 7 | 1 Dec – 31 Dec 2024 | 5 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Dec – 31 Dec 2024 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 3 of 7 | 1 Oct – 31 Oct 2024 | 5 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
5 people — MNP Ltd., 1 Oct – 31 Oct 2024 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 2 of 7 | 1 Aug – 31 Aug 2024 | 4 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
4 people — MNP Ltd., 1 Aug – 31 Aug 2024 · 12 blurred figures
| |||||||||||||||||||||||||||||||||||
| MNP Ltd.Receiverperiod 1 of 7 | 24 Jul – 31 Jul 2024 | 4 people | Fee Affidavit of Kristin Gray · 5 May 2025 | ||||||||||||||||||||||||||||||||
4 people — MNP Ltd., 24 Jul – 31 Jul 2024 · 12 blurred figures
| |||||||||||||||||||||||||||||||||||
120 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 plansDocuments
16 filings
| Date | Document | File |
|---|---|---|
Order for Final Distribution and Discharge
| PDF · Subscribers | |
| Webex Information | PDF · Subscribers | |
Fee Affidavit of Kristin Gray
| PDF · Subscribers | |
| Receiver's Second Report to Court | PDF · Subscribers | |
| Amended Sale Approval and Vesting Order | PDF · Subscribers | |
| Application | PDF · Subscribers | |
Sealing Order
| PDF · Subscribers | |
| Webex Confirmation | PDF · Subscribers | |
| Supplemental Report to Court | PDF · Subscribers | |
Brief of Law
| PDF · Subscribers | |
Receiver's First Report to Court
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Amended Application
| PDF · Subscribers | |
| Bench Brief | PDF · Subscribers | |
Consent Receivership Order
| PDF · Subscribers | |
Affidavit of Parmeet Roopra
| 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., “Blackstone Investments (AB) Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/blackstone-investments-ab-ltd