Proceedings.

Independent Energy Corp.

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Closed
Proceeding
CCAACOMPANIES' CREDITORS ARRANGEMENT ACT, RSC 1985, c C-36, as amended
File
2301-08292
Filings held43
Last activity5 Apr 2024
On the record1,217 days
OverviewSummary updated

Independent Energy Corp. has been under Companies' Creditors Arrangement Act protection in the Court of King's Bench of Alberta since June 21, 2023, on its own application, with Ernst & Young Inc. acting as Monitor. A listing of creditors prepared pursuant to the Initial Order and current to June 22, 2023 puts Cortland Credit Group Inc. at the head of the unsecured claims at $148,569,476.19, with Canadian Pacific Railway Company - Freight at $19,197,921.60, Independent Group of Companies Inc. at $16,069,520.55, the Saskatchewan Ministry of Finance at $5,728,147.90 and League Projects Ltd. at $5,572,891.53. The proceedings remain active.

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Case updates43 dated entries
Parties

Debtor

Independent Energy Corp.

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SidnellCourt of King's Bench of Alberta3 orders, Sep 2023 – Apr 202429 cases on record
Justice HollinsCourt of King's Bench of Alberta3 orders, Nov 2023 – Mar 202426 cases on record
Justice HornerCourt of King's Bench of Alberta2 orders, Jun 2023 – Jul 202378 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYNorton Rose Fulbright Canada LLP30 Jun 2023Application · 30 Jun 2023
DebtorIndependent Energy Corp.Fasken Martineau DuMoulin LLP · McDougall Gauley LLP30 Jun 2023Service list · 21 Oct 2023
CreditorBuilder's LienMcKercher LLP27 Feb 2024Service list · 27 Feb 2024
CreditorBuilders' LienChow McLeod · Kanuka Thuringer LLP · KMSC Law LLP · Kohaly, Elash & Ludwig Law Firm LLP · Matrix Law Group · Miller Thomson LLP30 Jun 2023Service list · 21 Oct 2023
CreditorCave Inspection LtdMcLennan Ross LLP30 Jun 2023Application · 30 Jun 2023
CreditorContractual CounterpartyDLA Piper (Canada) LLP · Lawson Lundell LLP · McLeod Law LLP30 Jun 2023Service list · 21 Oct 2023
CreditorCortland Credit Lending CorporationCassels Brock & Blackwell LLP30 Jun 2023Application · 30 Jun 2023
CreditorGround Effects Environmental Solutions IncMLT Aikins LLP30 Jun 2023Application · 30 Jun 2023
CreditorLandlordBlake, Cassels & Graydon LLP21 Oct 2023Service list · 21 Oct 2023
CreditorLeague Projects LtdAnova Law Group30 Jun 2023Application · 30 Jun 2023
CreditorMaviro Catalyst Canada IncBorden Ladner Gervais LLP30 Jun 2023Application · 30 Jun 2023
CreditorPerformance Pump Service LtdBridges & Company LLP30 Jun 2023Application · 30 Jun 2023
CreditorPlains Midstream Canada ULC and Plains Marketing LPBennett Jones LLP21 Oct 2023Service list · 21 Oct 2023
CreditorShareholderLakefield LLP21 Oct 2023Service list · 21 Oct 2023
CreditorUnsecuredWitten LLP21 Oct 2023Service list · 21 Oct 2023
CreditorUnsecured ClaimantBorden Ladner Gervais LLP · Court Stults Johnson LLP · Emery Jamieson LLP · KMSC Law LLP · Maclean Wiedemann LLP · Warren Kachur Osadetz LLP · McLeod Law LLP30 Jun 2023Service list · 21 Oct 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredCortland Credit Group Inc. · in 2 caseslargest creditor on the listing; security status not stated on these pages (appears on a creditors listing, not classified as secured here) — debtor: Independent Energy Corp. · as of 22 Jun 2023$149MIndependent Energy Corp. - Creditor List as at June 22, 2023 (Updated June 23, 2023)
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

250 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
43 filings
DateDocumentFile
Order re Unresolved lien Claims (Cassels), filed April 5, 2024
  • Presiding officer Justice E.J. Sidnell
PDF · Subscribers
Monitor's CertificatePDF · Subscribers
Order - Stay Extension; Discharge of Monitor; etc
  • Presiding officer Justice M. Hollins
PDF · Subscribers
Reverse Vesting Order
  • Presiding officer Justice M. Hollins
PDF · Subscribers
Revised Service List - 2301-08292 - last update February 27, 2024
  • Counsel Matrix Law Group
PDF · Subscribers
Independent Energy Corp. - Fifth Report of the Monitor (February 22, 2024)PDF · Subscribers
Affidavit No. 3 of Mathew TrickeyPDF · Subscribers
Application for Approval of Sale and Vesting OrderPDF · Subscribers
Brief and Authorities of the ApplicantPDF · Subscribers
ORDER (Stay Extension - Nov 29) - Signed by Justice Hollins
  • Presiding officer Justice Hollins
PDF · Subscribers
Independent Energy Corp. - Fourth Report of the MonitorPDF · Subscribers
Affidavit of Bryce Karl, Sworn Nov 13, 2023PDF · Subscribers
Brief of the ApplicantPDF · Subscribers
Notice of ApplicationPDF · Subscribers
LT Service List re extension of SISP deadlines
  • Counsel Witten LLP
PDF · Subscribers
Creditor List as at June 22, 2023 (Updated October 17, 2023)PDF · Subscribers
IEC - SISP ProceduresPDF · Subscribers
IEC - SISP TeaserPDF · Subscribers
SISP Notice AdvertisementPDF · Subscribers
Order Approving SISP
  • Presiding officer Justice E. J. Sidnell
PDF · Subscribers
Order Approving Stay Extension, KERP_KEIP & Restricted Court Acces
  • Presiding officer Justice E. J. Sidnell
PDF · Subscribers
Independent Energy Corp - Third Report of the Monitor Dated September 1 2023PDF · Subscribers
Affidavit #2 of Mathew Trickey, Sworn Aug. 30, 2023PDF · Subscribers
Application September 6 - Various Relief (SISP_KERP)PDF · Subscribers
Brief - IEC Application September 6, 2023 - KERP_KEIP & SISPPDF · Subscribers
Order - 2301-08292 Filed Aug. 14, 2023 (Stay Extension and DIP Increase)
  • Presiding officer Justice G.A. Campbell
PDF · Subscribers
Affidavit of Mathew Trickey - Sworn July 31, 2023 - 2301-08292 - unfiledPDF · Subscribers
Application for Various Relief - 2301-08292 - unfiledPDF · Subscribers
Brief of the Applicant - 2301-08292 - unfiledPDF · Subscribers
Independent Energy Corp - Second Report of the Monitor Dated July 31, 2023PDF · Subscribers
ARIO July 4 2023
  • Presiding officer Justice K.M. Horner
PDF · Subscribers
Affidavit #2 of B. Karl, sworn June 30, 2023PDF · Subscribers
Application for ARIO
  • Counsel Norton Rose Fulbright Canada LLP
PDF · Subscribers
Blackline - ARIO to Initial Order
  • Applicant INDEPENDENT ENERGY CORP.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 4 July 2023
  • + 3 more extracted facts
PDF · Subscribers
First Report of the Monitor Dated June 30, 2023PDF · Subscribers
IEC - FAQPDF · Subscribers
Independent Energy Corp. - Creditor List as at June 22, 2023 (Updated June 23, 2023)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice to CreditorsPDF · Subscribers
Initial CCAA Order June 22, 2023
  • Presiding officer Justice K. Horner
PDF · Subscribers
Bench Brief - CCAA Initial Order
  • Applicant Independent Energy Corp.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 21 June 2023
  • + 3 more extracted facts
PDF · Subscribers
Karl Affidavit #1 (Sworn June 21, 2023)PDF · Subscribers
Originating Application
  • Proceeding type ccaa
  • Statutory basis COMPANIES' CREDITORS ARRANGEMENT ACT, RSC 1985, c C-36, as amended
PDF · Subscribers
Pre-Filing Report of the Proposed Monitor Dated June 21, 2023PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Independent Energy Corp.” (CCAA), Court of King's Bench of Alberta. Retrieved 2 November 2026, https://proceedings.ca/case/independent-energy-corp

Sources last checked · summary updated 1 October 2026 · Report a correction · Printed from proceedings.ca/case/independent-energy-corp

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.