Proceedings.

CatalX CTS Ltd. o/a Catalyx and Catalx Management Ltd.

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Proceeding
Receivership (court-appointed)section 13(2) of the Judicature Act, RSA 2000, c. J-2, section 99(a) of the Business Corporations Act, RSA 2000, c.B-9, and section 39 of the Law and Equity Act, RSBC 1996, c. 253
File
2401-00457
Filings held42
Last activity17 Sep 2026
On the record976 days
OverviewSummary updated

CatalX CTS Ltd., operating as Catalyx, and Catalx Management Ltd. are the subject of bankruptcy proceedings under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta, under court file B301 223290. The proceedings commenced on May 14, 2026, the date on which the Court pronounced an interim order. The matter remains active. That order is the only step recorded on the file to date.

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Case updates42 dated entries
#Report

The officer filed report no. Third Report. Catalx has ceased operations following the wind-down of its crypto trading platform; the Proposal has been fully performed and the Proposal Trustee is now seeking its discharge following resolution of a creditor objection and taxation hearing.

Source: Proposal Trustee's Third and Final Report

39 earlier updates, back to 19 January 2024 subscribers.

Parties

Debtor

CatalX CTS Ltd. o/a Catalyx and Catalx Management Ltd.

Receiver

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice NeufeldCourt of King's Bench of Alberta3 orders, Jan 2024 – Jun 202528 cases on record
Justice SimardCourt of King's Bench of Alberta2 orders, Jan 2026 – May 202625 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverDeloitteBurnet Duckworth & Palmer LLP17 Jan 2024Service list · 17 Jan 2024
ApplicantMiller Thomson LLP17 Jan 2024Service list · 17 Jan 2024
DebtorCatalX CTS Ltd. o/a Catalyx and Catalx Management Ltd.Miller Thomson LLP17 Jan 2024Factum · 17 Jan 2024
CreditorAddress for Service and Contact Information of Filing This DocumentBurnet Duckworth & Palmer LLP7 Nov 2025Receiver's Discharge Certificate · 7 Nov 2025
CreditorBittrex GlobalStikeman Elliott LLP17 Jan 2024Service list · 17 Jan 2024
CreditorJae Ho LeeJensen Shawa Solomon Duguid Hawkes LLP · Singleton Urquhart Reynolds Vogel LLP17 Jan 2024Service list · 17 Jan 2024
CreditorRelm InsuranceKissel Straton & Wilmer LLP17 Jan 2024Service list · 17 Jan 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesDeemed trust class - unremitted source deductions; approximate figure; CRA will not conduct payroll/GST audits due to lack of books and records but may schedule audits later, which could result in additional tax liabilities — debtor: Catalx CTS Ltd.$262KFirst Report of the Receiver

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.

2 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: a distribution.EstimatedProposal Trustee's Third and Final Report · 29 Jun 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecureda distributionEstimatedper the proposal trusteeProposal Trustee's Third and Final Report · 29 Jun 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

3 stated figures across 1 outcome, each sourcedSubscribe to view
Estate financialsReported figures — never derived

Cumulative receipts

$321K

As at 29 Jun 2026Proposal Trustee's Third and Final Report

2 more reported figures, as at 29 Jun 2026Subscribe to view
Documents
42 filings
DateDocumentFile
Order Discharging TrusteePDF · Subscribers
Order Adjourning Trustee's Discharge ApplicationPDF · Subscribers
Proposal Trustee's Third and Final Report
  • Operational summary Catalx has ceased operations following the wind-down of its crypto trading platform; the Proposal has been fully performed and the Proposal Trustee is now seeking its discharge following resolution of a creditor objection and taxation hearing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Order (Taxation Hearing)
  • Commencement date 14 May 2026
  • Court COURT OF KING’S BENCH OF ALBERTA
  • Court file no B301 223290
  • Presiding officer Justice C.D. Simard
PDF · Subscribers
Proposal Trustee's Second Report
  • Recovery outcome Entries: per plan; per plan; per liquidation_alternative · Table missing:
PDF · Subscribers
Letter to Commercial Coordinator encl Service List
  • Counsel Jensen Shawa Solomon Duguid Hawkes LLP
PDF · Subscribers
Order (Advice and Directions) granted by Justice Simard
  • Presiding officer Justice Simard
PDF · Subscribers
Letter to Commercial CoordinatorPDF · Subscribers
Letter to Commercial Coordinator encl ASC Reply BriefPDF · Subscribers
Letter to Commercial Coordinator encl Appendix A to ASC's BriefPDF · Subscribers
Letter to Commercial Coordinator from Respondents encl decision to be relied onPDF · Subscribers
ASC Reply BriefPDF · Subscribers
Reply BriefPDF · Subscribers
Respondent Book of AuthoritiesPDF · Subscribers
Secretarial AffidavitPDF · Subscribers
ApplicationPDF · Subscribers
Receiver's Discharge Certificate - filed November 7, 2025
  • Counsel Burnet, Duckworth & Palmer LLP
PDF · Subscribers
Proposed Form of OrderPDF · Subscribers
Affidavit of Regie AgcaoiliPDF · Subscribers
Affidavit of Justin DunphyPDF · Subscribers
Notice of HearingPDF · Subscribers
30 Day Notice to Unproven CreditorsPDF · Subscribers
Discharge Order
  • Presiding officer Justice R.A. Neufeld
PDF · Subscribers
Order (Approval of Proposal)
  • Presiding officer Justice R.A. Neufeld
  • Recovery outcome Entries: per plan · Table missing:
PDF · Subscribers
Amended Notice of Hearing of Application for Court approval of ProposalPDF · Subscribers
Second and Final Report of the Receiver
  • Recovery outcome Entries: per liquidation_alternative; per plan; per estimated · Stated on: 2025-06-06 · Table missing:
PDF · Subscribers
N otice of Hearing of Application for Court Approval of ProposalPDF · Subscribers
Report of Trustee on Proposal (Form 40)PDF · Subscribers
Certificate of FilingPDF · Subscribers
Creditors PackagePDF · Subscribers
Proposal Trustee's First ReportPDF · Subscribers
Application (Approval of Receiver's Activities) - Returnable May 28, 2024PDF · Subscribers
Order (Approval of Receiver's Fees and activities)PDF · Subscribers
First Report of the Receiver
PDF · Subscribers
ASC DecisionPDF · Subscribers
N otice and Statement of the ReceiverPDF · Subscribers
Receivership Order
  • Applicant CatalX CTS Ltd. and Hyuk Jae Park
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver-manager
  • Commencement date 19 January 2024
  • + 5 more extracted facts
PDF · Subscribers
Bench Brief
  • Counsel Miller Thomson LLP
PDF · Subscribers
Proposed Receiver's Report
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Service List
  • Counsel Jensen Shawa Solomon Duguid Hawkes LLP
PDF · Subscribers
Affidavit of Hyuk Jae Park
PDF · Subscribers
Originating Application
  • Applicant CatalX CTS Ltd. and Hyuk Jae Park
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver-manager
  • Court COURT OF KING'S BENCH OF ALBERTA
  • + 4 more extracted facts
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., “CatalX CTS Ltd. o/a Catalyx and Catalx Management Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/catalx-cts-ltd-and-catalx-management-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/catalx-cts-ltd-and-catalx-management-ltd

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.