Hill Plain Construction Services Limited Partnership

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.