Proceedings.

HOTEL BO GOUP LTD.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act
File
2603 07354
Filings held21
Last activity26 Jun 2026
On the record166 days
Secured debtSubscribers
OverviewSummary updated

Hotel Bo Goup Ltd. has been in court-appointed receivership since April 8, 2026, when the Court of King's Bench of Alberta pronounced a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding is carried under court file number 2603 07354 in Alberta and remains active. No further steps have been recorded on the file.

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Case updates21 dated entries

18 earlier updates, back to 8 April 2026 subscribers.

Parties

Debtor

HOTEL BO GOUP LTD.

Receiver

Harris & Partners

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal (BMO) · in 279 casesas of Receivership Date (April 8, 2026) — Standard Form Mortgage (Land Titles #161 070 428 / registered as 242 000 798, Jan 2, 2024); General Security Agreement dated Nov 16, 2023 (PPSA registration #23112919574, perfected Nov 29, 2023, covering present/future inventory, intangibles, securities, receivables and proceeds); Caveat re: Assignment of Rents and Leases (also BMO) - per Security Opinion of Spetter Zeitz Klaiman — Stated as 'approximately $906,000' owed as of the Receivership Date; described as most significant secured creditor of Motel Bo; BMO supportive of the PSA — debtor: Motel Bo$906KFIRST REPORT OF THE RECEIVER 1-June-2026

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.

1 more claim across lower-ranking classes

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Sale processAs stated in the filings

2 transactions · 1 proposed · 1 approvedThe Transaction is approvedApproval and Vesting Order (Sale by the Receiver) 26-June-2026 · 26 Jun 2026

PurchaserPriceStatusSource
GS Hospitality Group Ltd.the Debtor's right, title and interest in and to the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · nominee/assignee: or its nominee · agreement 29 Apr 2026SubscribersProposed12 Jun 2026Signed Order 2 12-June-2026
Marwan Elgwarshathe assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · nominee/assignee: company to be named/assigned before completion · agreement 12 Jun 2026SubscribersApproved26 Jun 2026Receiver’s Conduct Order 26-June-2026
AdvisorsKellie Rodriguez, Vice-President and Associate Broker, Liang Commercial Real Estate / Century 21 Bravo Realty (listing broker); Colin Clarke of Century 21 Hi-Point Realty (listing broker)SECOND REPORT OF THE RECEIVER 15-June-2026
Closing termsVesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditionsApproval and Vesting Order (Sale by the Receiver) 26-June-2026
Sealed materialsConfidential Addendum to the first Report of the Receiver; Confidential AddendumSigned Order 1 12-June-2026
Estate financialsReported figures — never derived

Cumulative receipts

$36.5K

As at 15 Jun 2026SECOND REPORT OF THE RECEIVER 15-June-2026

3 more reported figures, as at 15 Jun 2026

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Documents
21 filings
DateDocumentFile
Approval and Vesting Order (Sale by the Receiver) 26-June-2026
  • Closing terms Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions
  • Order date 26 June 2026
  • Presiding officer Justice Gill
  • Purchaser Marwan Elgwarsha · nominee/assignee company to be named/assigned before completion · the Debtor's right, title and interest in and to the assets described in the Purchase Agreement (the 'Purchased Assets') · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Receiver’s Conduct Order 26-June-2026
  • Order date 26 June 2026
  • Presiding officer Justice Gill
  • Purchaser Marwan Elgwarsha · nominee/assignee company to be named/assigned before completion · the Debtor's right, title and interest in and to the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Restriction Order 26-June-2026
  • Order date 26 June 2026
  • Presiding officer Justice Gill
  • Purchaser Marwan Elgwarsha · nominee/assignee company to be named/assigned before completion · the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · approved
  • Sealed items Confidential Addendum
  • + 1 more extracted fact
PDF · Subscribers
BENCH BRIEF OF THE RECEIVER HARRIS & PARTNERS INC.PDF · Subscribers
SECOND REPORT OF THE RECEIVER 15-June-2026
  • Operational summary Motel Bo continues to operate as a going-concern motel under the Receiver's oversight, while the Breton Hotel remains abandoned, vandalized and non-operational; the Receiver has now negotiated an unconditional 'as-is, where-is' sale of the Breton Hotel property, subject to court approval.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Signed Order 1 12-June-2026
  • Order date 12 June 2026
  • Presiding officer Justice Little
  • Sealed items Confidential Addendum to the first Report of the Receiver
  • Stalking horse Subscribers
PDF · Subscribers
Signed Order 2 12-June-2026
  • Closing terms Vesting effective upon delivery of Receiver's Closing Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction.
  • Order date 12 June 2026
  • Presiding officer Justice Little
  • Purchaser GS Hospitality Group Ltd. · nominee/assignee or its nominee · the Debtor's right, title and interest in and to the assets described in the Purchase Agreement (the 'Purchased Assets') · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Signed Order 3 12-June-2026
  • Order date 12 June 2026
  • Presiding officer Justice Little
  • Purchaser GS Hospitality Group Ltd. · the Debtor's right, title and interest in and to the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
APPLICATION BY RECEIVER FOR APPROVAL AND VESTING, AND INTERIM DISTRIBUTIONPDF · Subscribers
Notice and Statement of Receiver Motel BoPDF · Subscribers
Order of Justice M.H. Bourque - Amending Receivership of Motel to add Hotel Bo April 27, 2026
  • Presiding officer Justice M.H. Bourque
PDF · Subscribers
Application Record of the Applicant, FVP Servicing LLC April 22, 2026PDF · Subscribers
APPLICATION TO AMEND CONSENT RECEIVERSHIP ORDER April 21, 2026
  • Presiding officer Justice Bourque
PDF · Subscribers
Affidavit of Sonu Grewal April 21, 2026PDF · Subscribers
Application to Amend Receivership Order April 21, 2026
  • Applicant Bank of Montreal
  • Appointee Harris & Partners Inc.
  • Appointee role receiver and manager
  • Court COURT OF KING'S BENCH OF ALBERTA
  • + 3 more extracted facts
PDF · Subscribers
BENCH BRIEF OF THE APPLICANTS BMO AND HARRIS & PARTNERS INC. April 21, 2026PDF · Subscribers
Consent Receivership Order April 8, 2026
  • Applicant Bank of Montreal
  • Appointee Harris & Partners Inc.
  • Appointee role receiver
  • Commencement date 8 April 2026
  • + 4 more extracted facts
PDF · Subscribers
Supplemental Bench Brief April 8, 2026PDF · Subscribers
Affidavit of Sonu Grewal April 1, 2026
PDF · Subscribers
Originating Application April 1, 2026
PDF · Subscribers
FIRST REPORT OF THE RECEIVER 1-June-2026
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., “HOTEL BO GOUP LTD.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/hotel-bo-goup-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/hotel-bo-goup-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.