Proceedings.

Citiport Developments Ltd. et al

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
2303 22240
Filings held28
Last activity11 Jun 2025
On the record776 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

25 earlier updates, back to 6 August 2024 subscribers.

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 Alberta2 orders, Mar 202526 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
CreditorAddress for ServiceMcLennan Ross LLP18 Nov 2024Order · 18 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
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)

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.

4 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

2 engagements · 2 firmslatest: McLennan Ross LLP, to 29 Oct 2024Receiver's Third Report (Filed) · 4 Nov 2024

FirmPeriodHoursFeesRatesSource
Ernst & Young Inc.Receiverto 18 Oct 2024Sought•••••••••6 peopleReceiver's Third Report (Filed) · 4 Nov 2024
McLennan Ross LLPCounsel to the receiverto 29 Oct 2024•••not statedReceiver's Third Report (Filed) · 4 Nov 2024

28 stated figures across 2 engagements, each sourced

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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)PDF · Subscribers
Approval and Vesting Order - Artisan Residences Ltd. (Filed)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)PDF · Subscribers
Approval and Vesting Order - Citiport Developments Ltd. (Filed)PDF · Subscribers
Restricted Court Access Order (Filed)
  • Counsel McLENNAN ROSS LLP
  • 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 LtdPDF · 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 20 September 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.