The officer filed report no. Second Report. The Receiver continued winding down Crossline's operations, completing vehicle sales, pursuing collection of disputed accounts receivable, investigating a suspected fraudulent scheme involving 138 vehicles, and marketing the Company's real estate for sale.
Crossline Auto Group
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act
- File
- 1803-08949
Crossline Auto Group remains in court-appointed receivership in Alberta, commenced on May 19, 2017 under BIA s. 243 and provincial Judicature Act authority on the application of Alberta Treasury Branches, which holds security granted by the company. As of May 18, 2018, ATB was owed $22,341,262.33 by Crossline Consulting Ltd.; the Canada Revenue Agency is also recorded as a secured creditor, in an amount to be determined. At the same date the receiver put cash at nil, accounts receivable as to be determined, and vehicles at an estimated realization value of $1,300,000 at the Crossline Consulting Ltd. entity level. The unsecured creditor listing of the same date is headed by SVS Group LLP at $17,340.75 and Kijiji at $7,341.26, with most remaining claims under $2,000.
Application for Order Approving Sale and Vesting Order filed September 23, 2019 — Approval and vesting order
12 earlier updates, back to 19 May 2017 — subscribers.
Debtor
Crossline Auto Group
Receiver
PwC
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesAmount owed 'to be determined' — debtor: Crossline Consulting Ltd. · as of 18 May 2018 | — | Notice and Statement of Receiver (245/246) - Crossline Consulting Ltd. |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
2 transactions · 1 closed · 1 proposed — Receiver seeks court approval of the sale of the Property to the PurchaserReceiver's Second Report Dated September 23, 2019 · 23 Sep 2019
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Maynardsthe Vehicle Inventory · asset sale | Subscribers | Closeddate not stated | Receiver's Second Report Dated September 23,… |
| unnamed prospective purchaser of the Property, referred to as "the Purchaser"the Property · real property · agreement 15 May 2019 | Subscribers | Proposed | Receiver's Second Report Dated September 23,… |
Unsecured creditors: paid in full. ATB short.FinalReceiver's Second Report · 23 Sep 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | ATB | — | shortfall | Estimatedper the receiver | Receiver's Second Report · 23 Sep 2019 |
| Unsecured | priority creditors ranking ahead of ATB | — | paid in full | Finalper the receiver | Receiver's Second Report · 23 Sep 2019 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$4.82M
As at 23 Sep 2019Receiver's Second Report Dated September 23, 2019
| Date | Document | File |
|---|---|---|
| Application for Order Approving Sale and Vesting Order filed September 23, 2019 | PDF · Subscribers | |
| Brief of the Receiver filed September 23, 2019 | PDF · Subscribers | |
Receiver's Second Report Dated September 23, 2019
| PDF · Subscribers | |
| Maynards Approval and Vesting Order | PDF · Subscribers | |
Application for Approval of Receiver's Actions, Sealing Order, Maynards Sale Approval and Vesting Order
| PDF · Subscribers | |
Receiver's First Report Dated July 3, 2018 (Part 1/3)
| PDF · Subscribers | |
Receiver's First Report Dated July 3, 2018 (Part 2/3)
| PDF · Subscribers | |
Receiver's First Report Dated July 3, 2018 (Part 3/3)
| PDF · Subscribers | |
| Crossline Salient Fact Sheet | PDF · Subscribers | |
| Notice and Statement of Receiver (245/246) - 1406386 Alberta Ltd. | PDF · Subscribers | |
| Notice and Statement of Receiver (245/246) - 1599068 Alberta Ltd. | PDF · Subscribers | |
| Notice and Statement of Receiver (245/246) - 1978956 Alberta Ltd. | PDF · Subscribers | |
Notice and Statement of Receiver (245/246) - Crossline Consulting Ltd.
| PDF · Subscribers | |
| Notice and Statement of Receiver (245/246) - Crossline Truck & Auto Sales Ltd. | PDF · Subscribers | |
Receivership Order
| 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., “Crossline Auto Group” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/crossline-auto-group