Proceedings.

Mayfield Investments Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act
Court
Court of King's Bench of Alberta
File
2403-12343
Industry
Hospitality & leisure · Hotels, resorts & campgrounds
Filings held110
Last activity21 Sep 2026
On the record791 days
Secured debtSubscribers
OverviewSummary updated

Mayfield Investments Ltd. remains under court-appointed receivership commenced September 6, 2024 in the Court of King's Bench of Alberta under BIA s. 243 and provincial Judicature Act authority, court file 2403-12343. ATB Financial, the senior secured creditor, served demands for payment and Notices of Intention to Enforce Security under s. 244 of the BIA; its indebtedness stood at $38,902,672.68 as of September 3, 2024, and at approximately $38,800,000 as of the Appointment Date of October 24, 2024, supported by credit facility, general and additional security and a guarantee from Howard Pechet. Other registrations include a $2,896,339.73 builder's lien filed by ServiceMaster against the Medicine Hat Lodge title and a $1,500,000 original-principal mortgage held by Camrose Regional Exhibition & Agricultural Society over the Camrose Casino and Excess Lands. Orders were granted January 14 and February 21, 2025; the claims bar date was April 7, 2025, with a first-phase deadline of March 31, 2025 and a bid deadline of May 30, 2025.

Claims processIf you are owed money

The claims bar date has passed — claims were due by

Per the Camrose Casino Claims Process - Proof of Claim Instruction Letter dated 28 February 2025.

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Case updates110 dated entries
#Sale

The court granted an approval and vesting order for the sale to Salt & Pepper Farms Ltd. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate to the Purchaser confirming payment of the Purchase Price and satisfaction/waiver of Article 8 closing conditions. Sealed: Confidential Appendix to the Tenth Report containing the unredacted Sale Agreement disclosing the deposit and purchase price.

Source: Application (Approval and Vesting Order, Distribution Order, and Sealing Order)

#Sale

The court granted an approval and vesting order for the sale to Salt & Pepper Farms Ltd. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.

Source: Approval and Vesting Order (Camrose Lands)

#Report

The officer filed report no. Tenth Report of the Receiver. The Receiver operated the Medicine Hat Lodge until the closing of its sale (1004 Transaction) in February 2026, and has since focused on transition matters, evaluating the residual Chalmers/777 AB equity interest, pursuing insurance litigation matters, and completing distributions to ATB and creditors.

Source: Tenth Report of the Receiver, August 10, 2026

#Report

The officer filed report no. Ninth Report. The report focuses on the Director Application concerning access to CCC Corporation information rather than ongoing operations; it notes Mayfield sold its interests in 1995 and 205 via the 1004 Transaction, which closed February 2, 2026, and Mayfield now has no interest in the CCC Corporations.

Source: Ninth Report of the Receiver, March 5, 2026

#Sale

The court granted an approval and vesting order for the sale to 10042123 Manitoba Ltd. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price, satisfaction/waiver of conditions to Closing, and completion of the Transaction. Sealed: Confidential Supplement to the Seventh Report.

Source: Application for Approval and Vesting Order, Distribution, and Sealing Order

#Sale

The court granted an approval and vesting order for the sale to Rose Country Investments Ltd. Closing terms, as extracted: Vesting occurs upon delivery of a Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions. Sealed: Confidential Supplement to the Sixth Report.

Source: Application for AVO, Approval for Fees and Activities, and Sealing Order

#Sale

The court granted an approval and vesting order for the sale to Rose Country Investments Ltd. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.

Source: Court Order - Approval and Vesting Order

#Sale

The court granted an approval and vesting order for the sale to Capital City Casinos Ltd. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price, satisfaction/waiver of conditions to Closing, and completion of the Transaction.

Source: Court Order - Approval and Vesting Order (Sale by Receiver)

AnalysisAll insights⁠

Guide

Power of sale vs foreclosure vs receivership in Canada

When a Canadian borrower stops paying a mortgage, the lender can sell the property itself, ask a court to foreclose, or have a receiver take control. How the routes differ by province, what each means for owners and tenants, and how long a receivership takes, drawn from the court record.

Case update

Mayfield Investments: the 80 acres near Camrose go last

ATB Financial's receivership of the Alberta hotel and casino company sold the Camrose Casino business for $5.5 million, the Camrose hotel for $6.1 million and the Medicine Hat Lodge package for $19.0 million; on August 21, 2026, Justice Dunlop approved the sale of 79.74 acres of excess land to Salt & Pepper Farms Ltd. at a sealed price, with ATB still owed about $19.2 million.

Parties

Debtor

Mayfield Investments Ltd.

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DunlopCourt of King's Bench of Alberta9 orders, Jan 2025 – Aug 202656 cases on record
Justice MarionCourt of King's Bench of Alberta5 orders, Oct 2024 – Dec 202528 cases on record
Justice MahCourt of King's Bench of Alberta3 orders, Feb 202578 cases on record
Justice HarrisCourt of King's Bench of Alberta2 orders, May 202528 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYBlake, Cassels & Graydon LLP25 Oct 2024Service list · 25 Oct 2024
ApplicantATB FinancialMcCarthy Tétrault LLP25 Oct 2024Service list · 25 Oct 2024
ApplicantATB Financial ERNST & YOUNG INCMcCarthy Tétrault LLP16 Jan 2026Service list · 16 Jan 2026
DebtorMayfield Investments Ltd.McLennan Ross LLP23 Oct 2024Application · 23 Oct 2024
Creditor961945 Alberta Ltd. o/a ServiceMasterWitten LLP6 Jan 2025Application · 6 Jan 2025
CreditorAgriculture Financial Services CorporationMLT Aikins LLP
Previously Miller Thomson LLP (last seen 10 Jan 2025)
25 Oct 2024Service list · 16 Jan 2026
CreditorAlbert StarkMiles Davison LLP10 Jan 2025Service list · 10 Jan 2025
CreditorATB FinancialMcCarthy Tétrault LLP27 Feb 2026Application · 27 Feb 2026
CreditorATM Cash Systems (Canada) LtdBlake, Cassels & Graydon LLP27 Feb 2026Application · 27 Feb 2026
CreditorATM Cash Systems LtdMLT Aikins LLP16 Jan 2026Service list · 16 Jan 2026
CreditorCameron ChristansonField Law16 Jan 2026Service list · 16 Jan 2026
CreditorCamrose Regional Exhibition & Agricultural SocietyLeenen LLP25 Oct 2024Service list · 25 Oct 2024
CreditorCentury CasinosField Law16 Jan 2026Service list · 16 Jan 2026
CreditorDirectCash Payments IncMLT Aikins LLP16 Jan 2026Service list · 16 Jan 2026
CreditorEstate of Howard Pechet and Jason PechetDuncan & Craig LLP16 Jan 2026Service list · 16 Jan 2026
CreditorGateway Casinos & Entertainment LimitedBennett Jones LLP6 Jan 2025Application · 6 Jan 2025
CreditorMather Gaming and Entertainment Investments LtdMcCarthy Tétrault LLP16 Jan 2026Service list · 16 Jan 2026
CreditorPeace Hills Trust CompanyDuncan & Craig LLP16 Jan 2026Service list · 16 Jan 2026
CreditorRiver Cree Resort and Casino and Enoch Cree NationWitten LLP16 Jan 2026Service list · 16 Jan 2026
CreditorRose Country Investments LtdMLT Aikins LLP16 Jan 2026Service list · 16 Jan 2026
CreditorService MasterWitten LLP6 Jan 2025Application · 6 Jan 2025
CreditorTop to Bottom Construction LtdChadi & Company16 Jan 2026Service list · 16 Jan 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredATB Financial · in 59 casesCommitment Letter Credit Facilities (Medicine Hat Lodge Operating Loan, Medicine Hat Lodge Loan, Cooper Coulee Casino Loan, Camrose Operating Loan, Camrose Resort Casino Loan, Camrose Hotel & Banquet Loan, Letters of Guarantee Facility, EDC-BCAP Operating Loan); General Security Agreement (all present/after-acquired personal property, floating charge on lands and real property); Additional Security Agreements (Assignment of Deposit, Assignment of Insurance, assignment/postponement from Mayfield Shareholding Partnership); Guarantee of Howard Pechet — Indebtedness stated 'plus any and all accrui · as of 3 Sep 2024$38.9M2343-Filed-2024-09-05-Second Supplemental Affidavit of Muhammad Ashraf
Secured
Secured

2 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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.

Sale processAs stated in the filings

8 transactions · 3 closed · 2 not completed · 2 approved · 1 proposed — The Transaction is approved and vesting authorized pending closing certificateApproval and Vesting Order (Camrose Lands) · 21 Aug 2026

Letters of intent

9

Seventh Report of the Receiver

Bid deadline (round closed)

30 May 2025

Sale and Investment Solicitation Process

Phase 1 deadline

31 March 2025

Sale and Investment Solicitation Process

PurchaserPriceStatusSource
unnamed non-binding LOI bidder for MHL and Vanshaw sharesan expression of interest to purchase MHL and 100% of the shares of Vanshaw, operating as the Copper Coulee Casino at MHL · assets and sharesSubscribersNot completedThird Report of the Receiver
purchaser under the Withdrawing Purchase Notice for Mayfield's 50% interest in 1995 / indirect interest in Vanshawthe offer to purchase Mayfield's 50% ownership in 1995 contained in the Withdrawing Purchase Notice · share saleSubscribersNot completedThird Report of the Receiver
Capital City Casinos Ltd.the Debtors' right, title and interest in and to the 'Purchased Assets' (as defined in the APA) · asset sale · nominee/assignee: its nominee · agreement 13 Feb 2025SubscribersClosed31 Mar 2025Seventh Report of the Receiver
Rose Country Investments Ltd.the Debtor's right, title and interest in and to the Purchased Assets · real property · agreement 4 Jul 2025SubscribersClosed31 Jul 2025Seventh Report of the Receiver
10042123 Manitoba Ltd.the Debtor's right, title and interest in and to the Purchased Assets · asset sale · agreement 5 Nov 2025not statedApproved19 Dec 2025Application for Approval and Vesting Order,…
referred to only as 'the Purchaser'; identity redacted/undisclosed in this reportthe Camrose Lands · real property · agreement 4 Aug 2026SubscribersProposedTenth Report of the Receiver, August 10, 2026
Salt & Pepper Farms Ltd.the Debtor's right, title and interest in and to the Purchased Property · real property · agreement 4 Aug 2026SubscribersApproved21 Aug 2026Application (Approval and Vesting Order,…
Salt and Pepper Farms Ltd.the Purchased Propertynot statedClosed21 Sep 2026outside 29 Aug 2025Receiver's Certificate - Camrose Lands
AdvisorsAvison Young (listing broker); Ernst & Young Inc. (financial advisor); MNP Ltd. (listing broker)Third Report of the Receiver
Closing termsVesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.Approval and Vesting Order (Camrose Lands)
Sealed materialsConfidential Supplement to the Sixth Report; Confidential Supplement to the Seventh Report; Confidential Appendix to the Tenth Report containing the unredacted Sale Agreement disclosing the deposit and purchase priceApplication for AVO, Approval for Fees and Activities, and Sealing Order
RecoveriesAs stated in the filings

Unsecured creditors: paid in full. Canada Revenue Agency a distribution · ATB Financial a distribution · ATM paid in full.Seventh Report of the Receiver · 8 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCanada Revenue Agency—per the courtBlackline - Distribution Order - Mayfield (December 19) and Revised… · 27 Feb 2026
SecuredATB Financial—a distributionper the courtBlackline - Distribution Order - Mayfield (December 19) and Revised… · 27 Feb 2026
SecuredATM—paid in fullper the receiverSeventh Report of the Receiver · 8 Dec 2025
UnsecuredAccepted Claims—paid in fullper the receiverSeventh Report of the Receiver · 8 Dec 2025
class not placedATM Cash Systems (Canada) Ltd.ATM Cash Systems (Canada) Ltd.—per the courtBlackline - Distribution Order - Mayfield (December 19) and Revised… · 27 Feb 2026
class not placedAgriculture Financial Services CorporationAgriculture Financial Services Corporation—a distributionper the courtBlackline - Distribution Order - Mayfield (December 19) and Revised… · 27 Feb 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.

2 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Blake, Cassels & Graydon LLPSixth Report of the Receiver · 7 Jul 2025

FirmPeriodHoursFeesRatesSource
Blake, Cassels & Graydon LLPCounsel———Sixth Report of the Receiver · 7 Jul 2025
Ernst & Young Inc.Receiver———Sixth Report of the Receiver · 7 Jul 2025

2 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cumulative receipts

$20.2M

As at 10 Aug 2026Tenth Report of the Receiver, August 10, 2026

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

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Documents
110 filings
DateDocumentFile
Receiver's Certificate - Camrose Lands
  • Closing confirmed Closed · 21 Sep 2026 · Salt and Pepper Farms Ltd.
PDF · Subscribers
Application (Approval and Vesting Order, Distribution Order, and Sealing Order)
  • Closing terms Vesting occurs upon delivery of the Receiver's Closing Certificate to the Purchaser confirming payment of the Purchase Price and satisfaction/waiver of Article 8 closing conditions.
  • Order date 21 August 2026
  • Purchaser Salt & Pepper Farms Ltd. · the Debtor's right, title and interest in and to the Purchased Property · real property · approved
  • Sale advisor Avison Young (listing broker)
  • + 3 more extracted facts
PDF · Subscribers
Approval and Vesting Order (Camrose Lands)
  • Closing terms Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 21 August 2026
  • Presiding officer Justice G. S. Dunlop
  • Purchaser Salt & Pepper Farms Ltd. · the Debtor's right, title and interest in and to the Purchased Property · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Order (Distribution - Camrose Lands Transaction)
  • Presiding officer Justice G. S. Dunlop
PDF · Subscribers
Sealing Order
  • Presiding officer Justice G. S. Dunlop
PDF · Subscribers
Brief of the Receiver, August 11, 2026
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Tenth Report of the Receiver, August 10, 2026
  • Operational summary The Receiver operated the Medicine Hat Lodge until the closing of its sale (1004 Transaction) in February 2026, and has since focused on transition matters, evaluating the residual Chalmers/777 AB equity interest, pursuing insurance litigation matters, and completing distributions to ATB and creditors.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Ninth Report of the Receiver, March 5, 2026
  • Operational summary The report focuses on the Director Application concerning access to CCC Corporation information rather than ongoing operations; it notes Mayfield sold its interests in 1995 and 205 via the 1004 Transaction, which closed February 2, 2026, and Mayfield now has no interest in the CCC Corporations.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Application for Distribution Order, March 4, 2026PDF · Subscribers
Court Order (Distribution - Rose Country Transaction and 1004 Transaction)
  • Presiding officer Justice J. T. Neilson
PDF · Subscribers
Blackline - Distribution Order - Mayfield (December 19) and Revised Form of Order (Distribution))
  • Recovery outcome Entries: per unstated; per unstated; per unstated; per unstated · Table missing:
PDF · Subscribers
Court Order - Distribution - Capital City Transaction
  • Presiding officer Justice C. D. Simard
PDF · Subscribers
Form of Consent Order with respect to the ATM Cash Application and ATB Application
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Revised Form of Order (Distribution)PDF · Subscribers
Brief of the Receiver (Distribution), February 23, 2026
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Supplement to the Eighth Report of the Receiver, February 23, 2026
  • Recovery outcome Entries: per estimated · Stated on: 2026-02-23 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Brief of the Receiver (Fee Approval), February 13, 2026
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
ATB Financial’s Application filed February 3, 2026PDF · Subscribers
Application for Approval of Fees and Activities, January 28, 2026PDF · Subscribers
Eighth Report of the ReceiverPDF · Subscribers
ATM Cash Application filed January 20, 2026PDF · Subscribers
Affidavit of Tony Steiert sworn January 19, 2026PDF · Subscribers
Service List - January 16, 2026
  • Counsel Chadi & Company
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting of the Purchased Assets is conditioned on delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 19 December 2025
  • Presiding officer Justice M. A. Marion
  • Purchaser 10042123 Manitoba Ltd. · the Debtor's right, title and interest in and to the Purchased Assets · asset sale · approved
  • + 1 more extracted fact
PDF · Subscribers
Order
  • Presiding officer Justice Michael A. Marion
PDF · Subscribers
Proof of Filing - Bench Brief of ATB FinancialPDF · Subscribers
Proof of Filing - Book of Authorities for the Bench Brief of ATB FinancialPDF · Subscribers
Application of The Estate of Howard PechetPDF · Subscribers
Application for Approval and Vesting Order, Distribution, and Sealing Order
  • Closing terms Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price, satisfaction/waiver of conditions to Closing, and completion of the Transaction.
  • Order date 19 December 2025
  • Purchaser 10042123 Manitoba Ltd. · the Medicine Hat Lodge (the 'MHL'), Mayfield's shares (the '1995 Shares') in 1995472 Alberta Ltd. and Mayfield's shares (the '205 Shares') in 2056986 Alberta Ltd. · assets and shares · approved
  • Sale advisor Avison Young (listing broker)
  • + 3 more extracted facts
PDF · Subscribers
Seventh Report of the Receiver
  • Closing confirmed Closed · 31 Mar 2025 · Capital City Casinos Ltd.; Closed · 31 Jul 2025 · Rose Country Investments Ltd.
  • Process results 9 LOIs
  • Purchaser 10042123 Manitoba Ltd. · the Medicine Hat Lodge (the 'MHL'), Mayfield's 50% interest in the shares of 2056986 Alberta Ltd. (the '205 Shares') and Mayfield's 50% interest in the shares of 1995472 Alberta Ltd. (the '1995 Shares') · assets and shares · proposed; Capital City Casinos Ltd. · the Camrose Casino · asset sale · closed; Rose Country Investments Ltd. · the Camrose Resort Casino Hotel (the 'CRC') · real property · closed
  • Recovery outcome Entries: per unstated; per unstated; per unstated · Stated on: 2025-12-08 · Table missing:
  • + 3 more extracted facts
PDF · Subscribers
Application To Lift Stay of Proceedings and Compel Compliance with Article 3 of Unanimous Shareholder AgreementPDF · Subscribers
Brief Of Argument of the Applicant, Albert StarkPDF · Subscribers
Secretarial AffidavitPDF · Subscribers
Application to Withdraw Offers to Purchase and Return of DepositsPDF · Subscribers
Application for AVO, Approval for Fees and Activities, and Sealing Order
  • Closing terms Vesting occurs upon delivery of a Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 14 July 2025
  • Purchaser Rose Country Investments Ltd. · the Debtor's right, title and interest in and to the Purchased Assets · asset sale · approved
  • Sale advisor Avison Young (listing broker)
  • + 3 more extracted facts
PDF · Subscribers
Court Order - Approval and Vesting Order
  • 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 14 July 2025
  • Presiding officer Justice M. E. Burns
  • Purchaser Rose Country Investments Ltd. · the Debtor's right, title and interest in and to the Purchased Assets · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sixth Report of the Receiver
  • Closing confirmed Closed · 31 Mar 2025 · Capital City Casinos Ltd.
  • Process results 9 LOIs
  • Purchaser Capital City Casinos Ltd. · the Camrose Casino · asset sale · closed; Rose Country Investments Ltd. · the real property of the CRC and certain other assets · asset sale · proposed
  • Fee schedule Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Reasons for Decision of the Honourable Justice L.K. Harris
  • Presiding officer Justice L.K. Harris
PDF · Subscribers
Court Order - Advice and Directions Regarding Lease and Notice to Arbitrate
  • Presiding officer Justice L.K. Harris
PDF · Subscribers
Second Affidavit of Albert StarkPDF · Subscribers
Supplement to the Fifth Report of the ReceiverPDF · Subscribers
Affidavit of Blair ChristiansonPDF · Subscribers
Affidavit of Jason MorrisPDF · Subscribers
Brief of Argument of the RespondentPDF · Subscribers
First Affidavit of Albert StarkPDF · Subscribers
Part 1 of Exhibit B of the Affidavit of Jason MorrisPDF · Subscribers
Part 2 of Exhibit B of the Affidavit of Jason MorrisPDF · Subscribers
Fifth Report of the Receiver
  • Sale advisor Avison Young (listing broker)
  • Sale outcome Liquidation in progress — SISP process ongoing with Phase 1 completed and Phase 2 bid deadline pending
  • Stalking horse Subscribers
PDF · Subscribers
Receiver's Certificate
  • Closing confirmed Closed · 1 Apr 2025 · Capital City Casinos Ltd.
PDF · Subscribers
Camrose Casino Claims Process - Proof of ClaimPDF · Subscribers
Camrose Casino Claims Process - Proof of Claim Instruction Letter
  • Claims bar date 7 April 2025
  • Order date 21 February 2025
PDF · Subscribers
Court Order - Approval and Vesting Order (Sale by Receiver)
  • Closing terms Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price, satisfaction/waiver of conditions to Closing, and completion of the Transaction.
  • Order date 21 February 2025
  • Presiding officer Justice D.R. Mah
  • Purchaser Capital City Casinos Ltd. · nominee/assignee its nominee · the Debtors' right, title and interest in and to the 'Purchased Assets' (as defined in the APA) · asset sale · approved
  • + 1 more extracted fact
PDF · Subscribers
Court Order - Approval of Claims Process
  • Claims bar date 7 April 2025
  • Order date 21 February 2025
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Court Order - Approval of Receiver's Fees and Disbursements, and Approval of Receiver's Activities
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Application of the Receiver
  • Recovery outcome Entries: per estimated · Table missing:
PDF · Subscribers
Fourth Report of the Receiver
  • Purchaser Capital City Casinos Ltd. · the business and assets of Camrose Casino · asset sale · proposed
  • Recovery outcome Entries: per estimated · Stated on: 2025-02-14 · Table missing:
  • Sale advisor Avison Young (listing broker)
  • Sale outcome Approval pending — Receiver's request for approval of the Revised Capital City APA to sell the business and assets of Camrose Casino to Capital City
  • + 1 more extracted fact
PDF · Subscribers
Court Order - Relief Granted
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Court Order - Sealing Order
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Sale and Investment Solicitation Process
  • Bid deadline 30 May 2025
  • Outside date 29 August 2025
  • Phase1 deadline 31 March 2025
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Confidentiality and Non-Disclosure Agreement
  • Sale advisor Avison Young Commercial Real Estate Services, LP (listing broker)
  • Sale outcome Sale process approved — The Receiver was authorized by the SISP Order to market certain of the Company's assets for sale; a form of confidentiality agreement is provided for prospective recipients seeking further information in connection with a potential transaction.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Mayfield Investments Ltd. - Sales Process Public Teaser
  • Sale advisor Avison Young Inc. (listing broker)
  • Sale outcome Marketed — RECEIVERSHIP SALE COMING SOON
PDF · Subscribers
Reasons for Decision of the Honourable Justice G.S. Dunlop
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Application for Restricted Court Access OrderPDF · Subscribers
Bench Brief of ATB FinancialPDF · Subscribers
Book of Authorities for Bench Brief of ATB FinancialPDF · Subscribers
Brief of Howard PechetPDF · Subscribers
Supplemental Affidavit to the Third Affidavit of Muhammad AshrafPDF · Subscribers
Amended Application for Sealing OrderPDF · Subscribers
Application for Declaratory ReliefPDF · Subscribers
Brief of the Receiver
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Third Report of the Receiver
  • Process results 1 LOIs · 0 qualified bids · as of 31 May 2024
  • Purchaser unnamed non-binding LOI bidder for MHL and Vanshaw shares · an expression of interest to purchase MHL and 100% of the shares of Vanshaw, operating as the Copper Coulee Casino at MHL · assets and shares · not completed; purchaser under the Withdrawing Purchase Notice for Mayfield's 50% interest in 1995 / indirect interest in Vanshaw · the offer to purchase Mayfield's 50% ownership in 1995 contained in the Withdrawing Purchase Notice · share sale · not completed
  • Sale advisor Ernst & Young Inc. (financial advisor); MNP LLP (listing broker); Avison Young (listing broker)
  • Stalking horse Subscribers
PDF · Subscribers
Application for Sealing OrderPDF · Subscribers
Court Order - Extension of Receivership
  • Order date 14 January 2025
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Court Order - Sale and Investment Solicitation Process Approval
  • Bid deadline 30 May 2025
  • Order date 14 January 2025
  • Outside date 29 August 2025
  • Break fee Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Court Order Granting Interim Distribution
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Draft Order to Sell SharesPDF · Subscribers
Book of AuthoritiesPDF · Subscribers
Reply BriefPDF · Subscribers
Reply Brief of the Receiver
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Supplement to the Second Report of the Receiver
PDF · Subscribers
Third Affidavit of Muhammad AshrafPDF · Subscribers
Service List
  • Counsel Miller Thomson LLP
PDF · Subscribers
Affidavit of Albert StarkPDF · Subscribers
Affidavit of Jason PechetPDF · Subscribers
Application to Lift Stay of Proceedings and Compel Compliance of Unanimous Shareholder AgreementPDF · Subscribers
Bench Brief of Albert StarkPDF · Subscribers
Brief of Argument of Howard PechetPDF · Subscribers
Application for Various ReliefPDF · Subscribers
Bench Brief of the Receiver
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Second Report of the ReceiverPDF · Subscribers
Service List relating to the January 6th, 2025 application
  • Counsel McCarthy Tétrault LLP
PDF · Subscribers
Notice and Statement of Receiver - November 1, 2024PDF · Subscribers
ATB v Mayfield Investments Ltd - Reasons for Decision of Marion J
  • Presiding officer Justice Marion
PDF · Subscribers
2403 12343 - FILED - 2024-10-28 First Report of the Receiver
PDF · Subscribers
AFFIDAVIT OF SERVICE OF K.E. KISS, sworn on Oct 28, 2024 (unfiled)PDF · Subscribers
AMENDED ORDER TO EXTEND STAY OF CONSENT RECEIVERSHIP ORDER - October 28, 2024
  • Presiding officer Justice M.A. Marion
PDF · Subscribers
Amended Application for Extension of Stay of Consent Receivership Order
  • Applicant Mayfield Investments Ltd.
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2403 12343
  • Presiding officer Justice M. A. Marion
  • + 1 more extracted fact
PDF · Subscribers
Book of Authorities - Mayfield Investments Stay Application BriefPDF · Subscribers
Proof of Filing - Supplemental Affidavit to the Second Affidavit of Muhammad AshrafPDF · Subscribers
Amended Brief of Law - Stay Application
  • Counsel McLennan Ross LLP
PDF · Subscribers
Service List - October 25, 2024
  • Counsel McLennan Ross LLP
PDF · Subscribers
Filed Lender's Certificate (Default and Appointment of Receiver)PDF · Subscribers
Proof of Filing - Second Affidavit of Muhammad AshrafPDF · Subscribers
2403-12343-Filed-2024-10-23-Affidavit of Jason Pechet 4160-8355-8996PDF · Subscribers
2403-12343-Filed-2024-10-23-Application for Extension 4123-2546-2612
PDF · Subscribers
2403-12343-Filed-2024-10-23-Book of Authorities 4152-4482-9268PDF · Subscribers
2403-12343-Filed-2024-10-23-Brief of Mayfield 4155-4675-3620
  • Counsel McLennan Ross LLP
PDF · Subscribers
Receivership Order
  • Applicant ATB FINANCIAL
  • Appointee Ernst & Young Inc.
  • Appointee role receiver and receiver and manager
  • Commencement date 6 September 2024
  • + 4 more extracted facts
PDF · Subscribers
2343-Filed-2024-09-05-Second Supplemental Affidavit of Muhammad Ashraf
PDF · Subscribers
Mayfield - Second Amending Agreement to the Amended and Restated Forbearance AgreementPDF · Subscribers

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

CiteProceedings., “Mayfield Investments Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/mayfield-investments-ltd

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Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/mayfield-investments-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.