Proceedings.

Citiport Developments Ltd. et al

ClosedFollow
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
2303 22240
Industry
Real estate
Filings held28
Last activity11 Jun 2025
On the record822 days
Secured debtSubscribers
OverviewSummary updated

Citiport Developments Ltd. and affiliated debtors have been under a court-appointed receivership since 6 August 2024. The proceeding was commenced under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and is before the Court of King's Bench of Alberta under court file number 2303 22240. The receivership remains active. No subsequent steps in the proceeding are recorded on this page.

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Case updates28 dated entries
Parties

Debtor

Citiport Developments Ltd. et al

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice LemaCourt of King's Bench of Alberta3 orders, Aug 2024 – Mar 202546 cases on record
Justice MahCourt of King's Bench of Alberta3 orders, Nov 202478 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYMcLennan Ross LLP26 Nov 2024Service list · 26 Nov 2024
DebtorCitiport Developments Ltd. et alReynolds Mirth Richards & Farmer LLP26 Nov 2024Service list · 26 Nov 2024
Creditor1978753 Alberta LtdReynolds Mirth Richards & Farmer LLP26 Nov 2024Service list · 26 Nov 2024
CreditorArtisan Residences LtdReynolds Mirth Richards & Farmer LLP26 Nov 2024Service list · 26 Nov 2024
CreditorChalton Hotel (St. Albert) LtdReynolds Mirth Richards & Farmer LLP26 Nov 2024Service list · 26 Nov 2024
CreditorKota Contracting IncReynolds Mirth Richards & Farmer LLP26 Nov 2024Service list · 26 Nov 2024
CreditorUMC Financial Management IncMiller Thomson LLP26 Nov 2024Service list · 26 Nov 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredUMC Financial Management Inc. · in 3 casesGuaranteed by each of the Companies (Citiport, Chalton, Artisan, 109 BC) — Related bankrupt entity (adjudged bankrupt Nov 16, 2023); plus ongoing interest and costs; Companies each provided guarantees of Careadon's debts to UMC — debtor: Careadon Corp. · as of 1 Apr 2024$31.3MReceiver's Second Report (Filed)
Secured
Secured
Secured
Secured

4 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: McLennan Ross LLP, to 29 Oct 2024, in feesReceiver's Third Report (Filed) · 4 Nov 2024

FirmPeriodHoursFeesRatesSource
Ernst & Young Inc.Receiverto 18 Oct 2024Sought6 peopleReceiver's Third Report (Filed) · 4 Nov 2024
6 people — Ernst & Young Inc., to 18 Oct 2024 · 20 blurred figures
NameTitleHoursRateFees
Matt McCullochPartner
Dan McCulloch—
Evan MacKinnon—
Paul Lim—
Robert Ferguson—
Trina Sorbara—
Total——
McLennan Ross LLPCounsel to the receiverto 29 Oct 2024—not statedReceiver's Third Report (Filed) · 4 Nov 2024

24 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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Documents
28 filings
DateDocumentFile
Receiver's Final Report (Subsection 246(3) of the Act)PDF · Subscribers
Amending Order
  • Presiding officer Justice M.J. Lema
PDF · Subscribers
Final Distribution & Discharge Order
  • Presiding officer Justice M.J. Lema
PDF · Subscribers
Receiver's Fifth ReportPDF · Subscribers
Approval and Vesting Order - 109 B.C. Ltd. (Filed)
  • Presiding officer Justice Burns
PDF · Subscribers
Approval and Vesting Order - Artisan Residences Ltd. (Filed)
  • Presiding officer Justice L.K. Harris
PDF · Subscribers
Service List
  • Counsel Registered Office Reynolds Mirth Richards & Farmer LLP
PDF · Subscribers
Receiver's Fourth ReportPDF · Subscribers
Approval and Vesting Order - Chalton Hotel (St. Albert) Ltd. (Filed)
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Approval and Vesting Order - Citiport Developments Ltd. (Filed)
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Restricted Court Access Order (Filed)
  • Counsel How: operator-correction · Firm: McLennan Ross LLP · Firm party id: 137901f0-55b7-4090-84f2-c55308c36bed
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Receiver's Third Report (Filed)
PDF · Subscribers
Second Supplement to Receiver's Second Report (Filed)PDF · Subscribers
Supplement to Receiver's Second Report (Filed)PDF · Subscribers
Affidavit of Terence Hodgson (Part 1)
PDF · Subscribers
Affidavit of Terence Hodgson (Part 2)PDF · Subscribers
Affidavit of Terence Hodgson (Part 3)PDF · Subscribers
Artisan Residences Ltd. - Offers to PurchasePDF · Subscribers
Receiver's Second Report (Filed)
PDF · Subscribers
Chalton Hotel (St. Albert) Ltd. - Offers to PurchasePDF · Subscribers
Citiport Developments Ltd. - Offers to PurchasePDF · Subscribers
1097016 BC Ltd - Offers to PurchasePDF · Subscribers
Notice and Statement of ReceiverPDF · Subscribers
Receiver's First Report (Filed)
PDF · Subscribers
Receivership Order - 1097016 BC Ltd
  • Commencement date 6 August 2024
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2303 22240
  • Presiding officer Justice M.J. Lerna
PDF · Subscribers
Receivership Order - Citiport Developments Ltd., Chalton Hotel (St. Albert) Ltd. & Artisan Residences Ltd
  • Presiding officer Justice M.J. Lema
PDF · Subscribers
Affidavit of D. PuechPDF · Subscribers
Affidavit of D Puech
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., “Citiport Developments Ltd. et al” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/citiport-developments-ltd-et-al

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/citiport-developments-ltd-et-al

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.