Hansen Company Limited
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2301-14843
Hansen Company Limited is in court-appointed receivership under BIA s. 243 and the provincial Judicature Acts. The Receiver has disclaimed any interest in a 2023 Land Rover Defender 110 securing Scotiabank's purchase-money security interest, finding no equity for the estate. Royal Bank of Canada holds a general security agreement over all present and after-acquired property, with a claim stated at in excess of $1,250,000, validated by legal opinion; RBC's claim ranks ahead of all other claims against Net Funds Remaining and is expected to leave RBC with a shortfall. The Receiver has paid Canada Revenue Agency deemed trust claims of $2,499.41 for payroll source deductions and $6,853.12 for GST from the estate.
5 earlier updates, back to 23 November 2023 — subscribers.
Debtor
Hansen Company Limited
Receiver
Hudson & Company Insolvency Trustees
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Bourque | Court of King's Bench of Alberta | 1 order, Aug 2024 | 28 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorHansen Company Limited | Beaumont Church LLP | 23 Nov 2023 | Order · 23 Nov 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada (RBC) · in 556 casesGeneral security agreement over all present and after acquired property — Stated as 'in excess of $1,250,000' (floor); legal opinion confirms validity/enforceability of security; RBC's claim has priority over all other claims against Net Funds Remaining, which are unsecured; distribution will leave RBC with a shortfall — debtor: Hansen Company Limited | $1.25M | Second and Final Report of the Receiver - August 2024 |
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.
Royal Bank of Canada: shortfall.EstimatedSecond and Final Report of the Receiver - August 2024 · 16 Aug 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredRBC | Royal Bank of Canada | — | shortfall | Estimatedper the receiver | Second and Final Report of the Receiver - August 2024 · 16 Aug 2024 |
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.
| Date | Document | File |
|---|---|---|
| Discharge Certificate | PDF · Subscribers | |
Order for Discharge of Receiver
| PDF · Subscribers | |
Second and Final Report of the Receiver - August 2024
| PDF · Subscribers | |
| Receiver's Certificate | PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
| First Report of the Receiver - April 2024 | PDF · Subscribers | |
| Notice of Statement of Receiver | 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., “Hansen Company Limited” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/hansen-company-limited