Brand International Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3 and section 13(2) of the Judicature Act, RSA 2000, c.J-2
- File
- 2314 00093
- Industry
- Real estate · Rental & income property
Brand International Ltd. has been under court-appointed receivership in Alberta since October 4, 2024, when Justice Lema of the Court of King's Bench of Alberta pronounced a receivership order on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act. Grant Thornton Limited is the Receiver, and the proceeding is active under court file 2314 00093. The Receiver's creditor mailing list records Royal Bank of Canada as a secured creditor claiming $1,100,000, supported by a PPSA registration, against a debtor whose sole asset is the property at 5897 47 Avenue, Bonnyville, Alberta. Duncan Craig LLP is identified as a PPSA secured party with a claim of $20,784.00, and the Canada Revenue Agency is listed as an unsecured creditor. The Receiver makes no acknowledgement of amounts owing or security claimed.
Justice Lema pronounced the order appointing Grant Thornton Limited as Receiver of Brand International Ltd. on Royal Bank of Canada's application, commencing the proceeding.
Source: Receivership Order of Justice Lema dated October 4, 2024.pdf
Debtor
Brand International Ltd.
Receiver
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 574 casesPPSA registration (collateral not specified); Property at 5897 47 Avenue, Bonnyville, AB is the Debtor's sole asset — Claim amount per Receiver's creditor mailing list (Creditor Type: Secured); no date stated for the figure. Receiver makes no acknowledgement of amounts owing or security claimed. — debtor: Brand International Ltd. | $1.1M | Notice and Statement of Receiver dated October 17, 2024.pdf |
| 4 | Secured | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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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.
| Date | Document | File |
|---|---|---|
Order dated October 22, 2024.pdf
| PDF · Subscribers | |
Notice and Statement of Receiver dated October 17, 2024.pdf
| PDF · Subscribers | |
Receivership Order of Justice Lema dated October 4, 2024.pdf
| 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., “Brand International Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 16 October 2026, https://proceedings.ca/case/brand-international-ltd