#Filing
Application of Receiver for Discharge returnable July 15, 2026 — Application / notice of application
Kitimat Development Group Inc. and Hotels and Resorts of Kitimat
FollowClosed
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Filings held17
Last activity15 Jul 2026
On the record4,115 days
Secured debt$4.25M
OverviewSummary updated
Kitimat Development Group Inc., together with Hotels and Resorts of Kitimat, was placed in court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, with the Receiver taking possession of the company's property on June 16, 2015. As at that date, the property over which the Receiver was appointed carried a net book value per company records of CAD 4,711,463, including investments in and amounts due from the related entities Hotels and Resorts of Kitimat (AB/BC) Inc. and Albatross/Stonebridge Holdings (AB/ON) Inc.; no liabilities figure was stated. Secured claims registered in the Alberta Personal Property Registry comprise CAD 4,252,443 owing to Backstop Holdings Corp. and an amount recorded as unknown owing to related party Stonebridge Holdings (AB/ON) Inc. Company accounting records list CAD 388,434 owing to Aberfeld Inc. on an unsecured basis. The proceeding is closed.
Proceedings AIAsk this case — answers cite the filings
Case updates13 dated entries · 4 undated
#Sale
Approval and Vesting Order (Sale by Receiver) filed November 5, 2015.pdf — Approval and vesting order
#Filing
Application of Grant Thornton - Advise and Directions - filed October 23, 2015.PDF — Application / notice of application
Undated filings4 — no date appears on the document · show
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Claims
Notice and Statement of the Receiver for Hotels and Resorts of Kitimat.pdf — Claims process approved
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Claims
Notice and Statement of the Receiver for Kitimat Development Group Inc..pdf — Claims process approved
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Parties
Debtor
Kitimat Development Group Inc. and Hotels and Resorts of Kitimat
Receiver
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Backstop Holdings Corp.Personal Property Registry (Alberta) registration — Amount owed as obtained from Company records and the Personal Property Registry (Alberta); no specific date stated. — debtor: Kitimat Development Group Inc. | $4.25M | Notice and Statement of the Receiver for Kitimat Development Group Inc..pdf |
| 4 | Secured | Stonebridge Holdings (AB/ON) Inc.Personal Property Registry (Alberta) registration — Amount owed listed as 'Unknown' in the document; related party (also appears as a debtor of the Company per the asset schedule). — debtor: Kitimat Development Group Inc. | — | Notice and Statement of the Receiver for Kitimat Development Group Inc..pdf |
| 8 | Unsecured | Aberfeld Inc.debtor: Kitimat Development Group Inc. | $388K | Notice and Statement of the Receiver for Kitimat Development Group Inc..pdf |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Fees and ratesAs stated in the filings
2 engagements · 2 firms — latest: Miller Thomson LLP, to 6 Jul 2026, $110,226.00 in feesReceiver's Fourth Report · 6 Jul 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Grant Thornton LimitedReceiver | — | — | $109,475.00ex. tax | not stated | Receiver's Fourth Report · 6 Jul 2026 |
| Miller Thomson LLPCounsel to the receiver | to 6 Jul 2026 | — | $110,226.00ex. tax | not stated | Receiver's Fourth Report · 6 Jul 2026 |
Estate financialsReported figures — never derived
Total assets at filing$4.71M
As at 16 Jun 2015 · per Net Book Value Per Company · Entity - Kitimat Development Group Inc. (property over which Receiver was appointed, including investment in and amounts due from related entities Hotels and Resorts of Kitimat (AB/BC) Inc. and Albatross/Stonebridge Holdings (AB/ON) Inc.) — Figures represent Net Book Value per Company records of the property taken into receivership as of the date the Receiver took possession (June 16, 2015); no liabilities figure stated in this schedule.
Documents
17 filings
| Date | Document | File |
|---|---|---|
| Application of Receiver for Discharge returnable July 15, 2026 | ||
Order Approving Receiver's Activities and Discharge filed July 15, 2026
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Receiver's Fourth Report dated July 6, 2026
| ||
| Approval and Vesting Order (Sale by Receiver) filed November 5, 2015.pdf | ||
| Receiver Third Report Filed - November 2, 2015.pdf | ||
Order re Approval of a Successful Offer and Approval of Receivers Activities to date - October 29, 2015.PDF
| ||
| Application of Grant Thornton - Advise and Directions - filed October 23, 2015.PDF | ||
| Receivers Second Report - filed October 23, 2015.PDF | ||
| Kitimat Resorts Teaser Sheet.pdf | ||
| Follow up brochure - August 21, 2015.pdf | ||
| Receivers First Report.pdf | ||
Receivership Order - June 16, 2015.pdf
| ||
| Affidavit of Michael Steele - filed July 25, 2014.pdf | ||
| Application of Grant Thornton re Sale Procedures Approval.pdf | ||
| Notice and Statement of the Receiver for Hotels and Resorts of Kitimat.pdf | ||
Notice and Statement of the Receiver for Kitimat Development Group Inc..pdf
| ||
| Order re Approval of Sale Procedure.PDF | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Kitimat Development Group Inc. and Hotels and Resorts of Kitimat” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/kitimat-development-group-inc-and-hotels-and-resorts-of-kitimat