#Distribution
Order for Final Distribution, Approval of Receiver's Fees and Disbursements et al and Discharge of the Receiver — Distribution order
Enterra Feed Corporation
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, and sections 13(2) of the Judicature Act, R.S.A. 2000, c. J-2, 99(a) of the Business Corporations Act, R.S.A. 2000, c. B-9, and 65(7) of the Personal Property Security Act, R.S.A. 2000, c. P-7
- File
- 2201-12935
OverviewSummary updated
Enterra Feed Corporation has been in court-appointed receivership since November 14, 2022, when the Court of King's Bench of Alberta appointed a receiver over all of the company's property, assets and undertakings. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and is carried on the Alberta court's file as number 2201-12935. The receivership remains active on the record, which discloses no further steps to date.
Proceedings AIAsk this case — answers cite the filings
Case updates15 dated entries
#Report
The officer filed report no. Second Report. The Receiver completed the previously approved sale transaction (Reverse Vesting Order) and collected the proceeds, finalized customer billings, and continued collecting outstanding accounts receivable, with administration now substantially complete pending final wind-up steps.
Source: Second Report of the Receiver
12 earlier updates, back to 8 November 2022 — subscribers.
Parties
Debtor
Enterra Feed Corporation
Receiver
FTI
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Jones | Court of King's Bench of Alberta | 1 order, Nov 2022 | 63 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFTI | MLT Aikins LLP | 7 Feb 2023 | Service list · 7 Feb 2023 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Forage Subordinated Debt LP III (formerly Avrio Subordinated Debt LP III)General Security Agreement dated May 15, 2019, and Assignment of Intellectual Property dated May 15, 2019, granted by Enterra Feed Corporation to the Lender — Exact dated balance per Demand/Notice of Intention to Enforce Security (Term Loan Facility outstanding principal $10,000,000.00, less interest prepaid $201,643.84, plus interest expense to Sept 8, 2022 of $153,424.66 = Total Indebtedness $9,951,780.82); affidavit para 5 cites rounded prose figure of $9,951,781 as of the same date. Debt also guaranteed by Enterra Feed US Corporation, Enterra Feed US Sales Corporation, and Enterra Feed Mar · as of 8 Sep 2022 | $9.95M | Affidavit of Jim Taylor, sworn on November 7, 2022 |
1 more claim across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
Sale approved — Transaction and Reorganization approved by the CourtApproval and Reverse Vesting Order · 2 Mar 2023
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Forage Subordinated Debt LP IIIthe sale transaction (the "Transaction") contemplated by a second amended subscription agreement dated February 22, 2023 · share subscription · ResidualCo: 2488172 Alberta Ltd. · agreement 22 Feb 2023 | Subscribers | Closed31 Mar 2023 | Receiver's Certificate |
Closing termsVesting and release of Enterra occur upon delivery of the Receiver's Certificate to Enterra and the PurchaserApproval and Reverse Vesting Order
RecoveriesAs stated in the filings
Forage Subordinated Debt LP III: a distribution.EstimatedApplication for Discharge of the Receiver · 15 May 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Forage Subordinated Debt LP III | — | a distributionfinal | Estimatedper the receiver | Application for Discharge of the Receiver · 15 May 2023 |
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
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cumulative receipts
$1.53M
As at 16 May 2023Second Report of the Receiver
3 more reported figures, as at 16 May 2023Subscribe to view
Documents
15 filings
| Date | Document | File |
|---|---|---|
Affidavit in Support of Receiver's Discharge
| PDF · Subscribers | |
| Order for Final Distribution, Approval of Receiver's Fees and Disbursements et al and Discharge of the Receiver | PDF · Subscribers | |
Application for Discharge of the Receiver
| PDF · Subscribers | |
Second Report of the Receiver
| PDF · Subscribers | |
Receiver's Certificate
| PDF · Subscribers | |
Approval and Reverse Vesting Order
| PDF · Subscribers | |
| Application for Sale Approval and Reverse Vesting Order | PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
Letter to Service List
| PDF · Subscribers | |
| Proposed form of Approval and Reverse Vesting Order | PDF · Subscribers | |
| Proposed form of Sealing Order | PDF · Subscribers | |
| Notice and Statement of Receiver with Creditor Listings | PDF · Subscribers | |
Affidavit of Jim Taylor, sworn on November 7, 2022
| PDF · Subscribers | |
Application
| 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., “Enterra Feed Corporation” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/enterra-feed-corporation