Kraft & Venator
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3, and sections 13(2) of the Judicature Act, RSA 2000, c.J-2, 99(a) of the Business Corporations Act, RSA 2000, c.B-9, 65(7) of the Personal Property Security Act, RSA 2000, c.P-7, and 49(1) of the Law of Property Act, RSA 2000, c L
- File
- 2301-13606
Kraft & Venator has been under a court-appointed receivership since January 5, 2026, when the Court of King's Bench of Alberta granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding carries Alberta court file number 2301-13606 and remains active. The receivership order is the only step on the record to date; no subsequent reports, applications or orders have been recorded, and no judicial centre is identified.
18 earlier updates, back to 5 January 2026 — subscribers.
Debtor
Kraft & Venator
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Harris | Court of King's Bench of Alberta | 4 orders, Jan 2026 | 21 cases on record |
| Justice Mah | Court of King's Bench of Alberta | 2 orders, Apr 2026 | 57 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Cassels Brock & Blackwell LLP | 2 Jan 2026 | Service list · 2 Jan 2026 |
| Applicant | Lawson Lundell LLP | 2 Jan 2026 | Service list · 2 Jan 2026 |
| DebtorKraft & Venator | Code Hunter LLP | 2 Jan 2026 | Service list · 2 Jan 2026 |
| CreditorArmco Hotels LP | Bennett Jones LLP | 31 Mar 2026 | Service list · 31 Mar 2026 |
| CreditorMcDonald's Restaurants of Canada Limited | McMillan LLP | 31 Mar 2026 | Service list · 31 Mar 2026 |
| CreditorPending LTO Registrant | Witten LLP | 2 Jan 2026 | Service list · 2 Jan 2026 |
| CreditorPending Title Registrant | McCarthy Tétrault LLP | 31 Mar 2026 | Service list · 31 Mar 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Timbercreek Mortgage Servicing Inc. (with Computershare Trust Company of Canada as bare trustee/nominee) · in 7 casesFirst-ranking 2018 SCREO Gill Mortgage, 2018 SCREO Gill Assignment of Rents and Leases (first-priority), 2018 SCREO Gill Security Agreement (first-ranking PPSA, Reg. No. 18110827605), 2018 SCREO Gill Beneficial Owner's Agreement (charge of SCREO Gill LP's beneficial interest); also holds second-ranking security via limited recourse Guarantee of SCREO 700 dated March 31, 2022, secured by 2022 SCREO 700 Mortgage (principal $26,200,000, second-ranking), 2022 SCREO 700 Assignment (second-priority) and 2022 SCREO 700 Security Agreement (second-ranking) — Excludes legal costs to date; interest and c · as of 15 Oct 2023 | $26.9M | Affidavit of Appointment of Receiver |
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.
Timbercreek: shortfall.EstimatedFirst Report of the Receiver · 31 Mar 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Timbercreek | — | shortfall | Estimatedper the receiver | First Report of the Receiver · 31 Mar 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
1 engagement · 1 firm — MNP Ltd., —First Report of the Receiver · 31 Mar 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| MNP Ltd.Receiver | — | — | ••• | not stated | First Report of the Receiver · 31 Mar 2026 |
| Date | Document | File |
|---|---|---|
| Letter of Receivership & Reporting Duties of Receiver | PDF · Subscribers | |
Discharge Order
| PDF · Subscribers | |
| Sale Approval and Vesting Order | PDF · Subscribers | |
Sealing Order - Filed
| PDF · Subscribers | |
| Supplement to the First Report | PDF · Subscribers | |
| Application - Sale Approval and Vesting Order, Discharge and Sealing Order | PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
Service List for Application Materials
| PDF · Subscribers | |
| Notice and Statement of Receiver | PDF · Subscribers | |
| Frequently Asked Questions | PDF · Subscribers | |
Service list
| PDF · Subscribers | |
Order for Approval of Marketing Process and Listing Agreement
| PDF · Subscribers | |
Order - Approval of Listing Agreement
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Sealing Order
| PDF · Subscribers | |
Pre Filing Report of the Proposed Receiver
| PDF · Subscribers | |
Service List - Proof of Filing
| PDF · Subscribers | |
| Affidavit of Service of Regie Agcaoili | PDF · Subscribers | |
Application for Receiver
| PDF · Subscribers | |
| Notice of Change of Representation | PDF · Subscribers | |
Affidavit of Appointment of Receiver
| 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., “Kraft & Venator” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/kraft-venator