Proceedings.

Liquid Capital Alberta Corp.

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Closed
Proceeding
Receivership (court-appointed)Subsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity24 Oct 2017
On the record3,254 days
Secured debtSubscribers
OverviewSummary updated

Liquid Capital Alberta Corp. remains in active insolvency proceedings, with the company's balance sheet as at October 20, 2017 showing total assets of $4,308,152 at net book value, made up of accounts receivable of $4,293,276 and computer hardware and office equipment of $14,876. All of those assets are subject to registered security interests, and a legal opinion on the validity and enforceability of that security has not yet been obtained. A claims register dated November 6, 2017 records claims totalling $17,146,044.76, none proved as of the register date. Secured claims are asserted by Roynat Inc. and by related party Liquid Capital WGP Inc. at $2,429,662.15. Unsecured claims are led by an aggregate group reported as Private Investors at $9,197,500, followed by 1006187 Alberta Ltd. at $2,050,000 and Adnap Group Inc. at $950,000.

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Case updates1 dated entry
Parties

Debtor

Liquid Capital Alberta Corp.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredLiquid Capital WGP Inc. · in 2 casesas of Statement of Affairs amount, as of Claims Register dated November 6, 2017 — Registered personal property security or other secured interest — Related party (licensor/affiliate 'Liquid Capital'); claim not proved as of register date; legal opinion on validity/enforceability of security not yet obtained per receiver's notice (p.1) — debtor: Liquid Capital Alberta Corp.$2.43MNotice and statement of receiver
20 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents1 filing
DateDocumentFile
Notice and statement of receiver
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 24 October 2017
  • Court Court of Queen's Bench of Alberta
  • + 6 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Liquid Capital Alberta Corp.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/liquid-capital-alberta-corp

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/liquid-capital-alberta-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.