Dannburg Holdings Corporation Limited
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3, and sections 13(2) of the Judicature Act, RSA 2000, c.J-2, 99(a) of the Business Corporations Act, RSA 2000, c.B-9, and 65(7) of the Personal Property Security Act, RSA 2000, c.P-7
- File
- 2301 15155
Dannburg Holdings Corporation Limited has been under court-appointed receivership in Alberta since November 23, 2023, when the Court of King's Bench of Alberta pronounced a receivership order in Court File No. 2301 15155. The proceeding rests on the security of Connect First Credit Union Ltd., which holds a General Security Agreement over the company and a loan agreement with an original principal amount of $2,250,000.00. Indebtedness to the credit union was stated at $2,078,613.63 as at October 31, 2023, plus accruing fees, costs and interest; the $2,250,000.00 figure is the facility amount rather than the balance owing. The receivership remains active.
Court of King's Bench of Alberta pronounced the order placing Dannburg Holdings Corporation Limited into receivership, on the security held by Connect First Credit Union Ltd.
Application for the Appointment of Receiver dated November 23, 2023 — Application / notice of application
Debtor
Dannburg Holdings Corporation Limited
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Whitling | Court of King's Bench of Alberta | 2 orders, Mar 2024 – Apr 2024 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | Bennett Jones LLP | 22 Apr 2024 | Order · 22 Apr 2024 |
| CreditorBuckwold Western Ltd | MLT Aikins LLP | 20 Mar 2024 | Order · 20 Mar 2024 |
| CreditorCapital City Shopping Centre | Bennett Jones LLP | 20 Mar 2024 | Order · 20 Mar 2024 |
| CreditorCapital City Shopping Centre Limited | Carscallen Leitch LLP · Bennett Jones LLP | 20 Mar 2024 | Order · 22 Apr 2024 |
| CreditorConnect First Credit Union | MLT Aikins LLP | 22 Apr 2024 | Order · 22 Apr 2024 |
| CreditorConnect First Credit Union Brent Mescall | Parlee McLaws LLP | 20 Mar 2024 | Order · 20 Mar 2024 |
| CreditorJohn C | Parlee McLaws LLP · Bennett Jones LLP · Miles Davison LLP | 20 Mar 2024 | Order · 22 Apr 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Connect First Credit Union Ltd. · in 8 casesGeneral Security Agreement (collectively, the "Security"); Loan Agreement original principal amount $2,250,000.00 — Original loan principal ($2,250,000) is facility amount, not balance; outstanding indebtedness stated as at Oct 31, 2023 plus accruing fees, costs and interest — debtor: Dannburg Holdings Corporation Limited · as of 31 Oct 2023 | $2.08M | Application for the Appointment of Receiver dated November 23, 2023 |
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.
| Date | Document | File |
|---|---|---|
Order dated December 10, 2024
| ||
Order of Justice Jeffrey filed Aug 7, 2024
| ||
| Order filed July 30, 2024 | ||
Order of Justice Whitling dated April 22, 2024
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Consent Order dated March 20, 2024
| ||
Application for the Appointment of Receiver dated November 23, 2023
| ||
Receivership Order dated November 23, 2023
| ||
| Affidavit of Mercy Uche Oduah dated November 17, 2023 | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Dannburg Holdings Corporation Limited” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/dannburg-holdings-corporation-limited