Notice of Bankruptcy and First Meeting of Creditors dated January 30, 2026 — Notice to creditors
Hill Plain Construction Services Limited Partnership
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act, RSC 1985, c B-3
- File
- 24-3325764
Hill Plain Construction Services Limited Partnership went into bankruptcy on an application filed January 9, 2026 by Royal Bank of Canada in the Court of King's Bench of Alberta in Bankruptcy and Insolvency, with KSV Restructuring Inc. appointed trustee in bankruptcy under the Bankruptcy and Insolvency Act. A Statement of Affairs sworn January 28, 2026 shows the partnership's only asset as accounts receivable with a book value of approximately $6.61 million, no real property, and leased assets returned to lessors before the filing date; ultimate recovery is uncertain. RBC, the largest and senior secured creditor, filed a secured claim of $1,085,520 as at December 22, 2025 against security valued at $814,400. The Canada Revenue Agency claims a deemed trust of $865,290 for source deductions and $82,168 in GST as at February 9, 2026. Unsecured claims are reported at approximately $3.15 million.
KSV Restructuring Inc. reported as trustee pursuant to a January 19, 2026 order of the Court, setting out the receivables position and the secured claims asserted against the estate.
Source: Trustee's Report on Preliminary Administration dated February 12, 2026
Royal Bank of Canada, the partnership's largest and senior secured creditor, brought the application commencing these bankruptcy proceedings in the Alberta Court of King's Bench.
Source: Application for Bankruptcy Order filed January 15, 2026
The Court of King's Bench of Alberta granted an interim order, two weeks after the December 15, 2025 third-party guarantee in favour of the Trustee for fees and costs.
Source: Application for Bankruptcy Order filed January 15, 2026
Debtor
Hill Plain Construction Services Limited Partnership
Trustee in bankruptcy
AlixPartners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesStatutory deemed trust claim — Deemed trust claim (source deductions); CRA may conduct trust examination later to confirm amounts owing — debtor: Hill Plain Construction Services Limited Partnership · as of 9 Feb 2026 | $865K | Trustee's Report on Preliminary Administration dated February 12, 2026 |
| 4 | Secured | Royal Bank of Canada · in 556 casesGeneral security agreement (secured proof of claim values security at $814,400) — Largest and senior secured creditor; proof of claim filed for $1,085,520, security valued at $814,400 resulting in remaining unsecured claim of $271,380 (also listed in unsecured); Third-Party Guarantee dated Dec 15, 2025 in favour of Trustee for fees/costs — debtor: Hill Plain Construction Services Limited Partnership · as of 22 Dec 2025 | $1.09M | Trustee's Report on Preliminary Administration dated February 12, 2026 |
| 4 | Secured | Carvel Electric Ltd.Registered writ of enforcement, Alberta Personal Property Registry — Judgement-based writ registration; Trustee still obtaining information regarding registration — debtor: Hill Plain Construction Services Limited Partnership | $252K | Trustee's Report on Preliminary Administration dated February 12, 2026 |
| 4 | Secured | Government of Alberta (Employment Standards Collections Unit) · in 19 casesRegistered writs of enforcement (six judgements), Alberta Personal Property Registry — Aggregate of six judgements; Trustee still obtaining information regarding registration — debtor: Hill Plain Construction Services Limited Partnership | $17.6K | Trustee's Report on Preliminary Administration dated February 12, 2026 |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs sworn January 28, 2026 — Approximate figure from Debtor's records; formal claims process ongoing and amounts subject to change; document names no individual creditors — debtor: Hill Plain Construction Services Limited Partnership | $3.15M | Trustee's Report on Preliminary Administration dated February 12, 2026 |
| 8 | Unsecured | Royal Bank of Canada · in 556 casesRemaining unsecured portion after RBC's secured claim of $1,085,520 valued against security of $814,400 — debtor: Hill Plain Construction Services Limited Partnership · as of 22 Dec 2025 | $271K | Trustee's Report on Preliminary Administration dated February 12, 2026 |
As at 19 Jan 2026 · per totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor (Statement of Affairs, Form 78) · Hill Plain Construction Services Limited Partnership (the Debtor, entity-level) — Statement of Affairs shows accounts receivable as the sole asset category (total amount $6,609,635.69, estimated realizable value $814,140.00); Deficiency stated as -$3,695,817.62.
| Date | Document | File |
|---|---|---|
Trustee's Report on Preliminary Administration dated February 12, 2026
| ||
Notice of Bankruptcy and First Meeting of Creditors dated January 30, 2026
| ||
| Bankruptcy Order filed January 26, 2026 | ||
Application for Bankruptcy Order filed January 15, 2026
| ||
| Consent to Act dated January 9, 2026 | ||
| Affidavit of Jessica Chohan sworn December 23, 2025 | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Hill Plain Construction Services Limited Partnership” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/hill-plain-construction-services-limited-partnership