Proceedings.

Miquelon Meter Services Ltd.

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Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, and section 13(2) of the Judicature Act, R.S.A. 2000, c. J-2
File
2503-18914
Filings held20
Last activity23 Sep 2026
On the record402 days
OverviewSummary updated

Miquelon Meter Services Ltd. has been under court-appointed receivership in the Court of King's Bench of Alberta since September 24, 2025, when Royal Bank of Canada obtained the appointment of KSV Advisory Inc. as receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act. The proceeding, Court file 2503-18914, also names Blake Patras and Theresa Patras. In its First Report, dated December 3, 2025, the Receiver reported cumulative receipts of CAD 511,358, professional fees of CAD 124,925 and cash on hand of CAD 243,116, and recommended liquidating the company's assets through an auction after a sale process with several interested parties failed. Two further orders were pronounced on December 10, 2025.

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Case updates21 dated entries
#Report

First Report of the Receiver reported limited continued operations, all but one employee terminated by October 9, 2025, receivables and project inventory realized, an unsuccessful sale process, and recommended auction through McDougall Auctioneers Ltd.

Source: First Report of the Receiver dated December 3, 2025

#Order

Same-day order created a $250,000 Receiver's Charge over the Property for the Receiver and its counsel, ranking ahead of all security interests, and a $250,000 Receiver's Borrowings Charge subordinate to it.

Source: Consent Judgment filed September 29, 2025

Outcome brief

Miquelon Meter: a receivership order on hold, an auction and a bankruptcy

An Edmonton flow-meter fabricator founded in 2003 consented to a receivership order that took effect only when RBC filed a certificate, which the bank did after the company's own sale drew one non-binding letter of intent. The court approved an auction, and on September 21, 2026, a registrar adjudged the company bankrupt on RBC's application.

Parties

Debtor

Miquelon Meter Services Ltd.

Applicant

RBC

Receiver

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MahCourt of King's Bench of Alberta2 orders, Dec 202578 cases on record
Justice GillCourt of King's Bench of Alberta2 orders, Sep 202553 cases on record

Counsel of record

PartyCounselFirst seenSource
DebtorMiquelon Meter Services Ltd.Miles Davison LLP23 Oct 2025Service list · 23 Oct 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
Court-ordered charges
1Court-ordered chargesReceiver's Borrowings Charge — in priority to all security interests, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, but subordinate in priority to the Receiver's Charge and the charges set out in sections 14$250KConsent Receivership Order filed September 29, 2025
1Court-ordered charges
Pre-filing debt
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

79 more claims in 3 classes The stack holds Court-ordered charges, Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing

As at ·

Cumulative receipts

$511K

As at 2 Dec 2025First Report of the Receiver dated December 3, 2025

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the total the debtor stated at filing

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

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Documents
20 filings
DateDocumentFile
Certificate of Bankruptcy dated September 23, 2026PDF · Subscribers
Bankruptcy Order dated September 21, 2026PDF · Subscribers
Service List as of September 1, 2026
  • Counsel Miles Davison LLP
PDF · Subscribers
Consent to Act as Trustee dated June 15, 2026PDF · Subscribers
Proposed Form of Order for BankruptcyPDF · Subscribers
Affidavit of Eric Desmarais sworn June 12, 2026PDF · Subscribers
Order (Approving Action and Action and Activities of Receiver) filed Dec 11, 2025
  • Commencement date 24 September 2025
  • Court Court of King's Bench of Alberta
  • Court file no 2503-18914
  • Debtor names Miquelon Meter Services Ltd.
  • + 5 more extracted facts
PDF · Subscribers
Sealing Order filed Dec 11, 2025
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Debtor names MIQUELON METER SERVICES LTD.
  • Order date 10 December 2025
  • Presiding officer Justice Mah
  • + 1 more extracted fact
PDF · Subscribers
Application for Approval of Auction Agreement and Activities of Receiver dated December 3, 2025
  • Applicant KSV RESTRUCTURING INC.
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver and manager
  • Commencement date 24 September 2025
  • + 6 more extracted facts
PDF · Subscribers
First Report of the Receiver dated December 3, 2025
  • Operational summary The Receiver continued limited operations, terminated all but one employee by October 9, 2025, secured the Head Office and inventory, collected accounts receivable, negotiated sale of project inventory to customers, conducted an unsuccessful sale process with several Interested Parties, and pursued an auction process with McDougall Auctioneers Ltd. as the recommended path to liquidate the Company's assets.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Service List as of October 23, 2025
  • Counsel Miles Davison LLP
PDF · Subscribers
Notice & Statement of the Receiver dated October 9, 2025
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Lender's Certificate filed October 6, 2025PDF · Subscribers
Consent Judgment filed September 29, 2025
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Debtor names MIQUELON METER SERVICES LTD.; BLAKE PATRAS; THERESA PATRAS
  • Order date 24 September 2025
  • Presiding officer Justice Gill
  • + 1 more extracted fact
PDF · Subscribers
Consent Receivership Order filed September 29, 2025
  • Applicant Royal Bank of Canada
  • Appointee KSV Advisory Inc.
  • Appointee role receiver
  • Charges Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Affidavit of Arriane Tano sworn September 23, 2025PDF · Subscribers
Affidavit of Eric Desmarais sworn September 23, 2025PDF · Subscribers
Affidavit of Alyson K. Brown sworn September 22, 2025PDF · Subscribers
Affidavit of Shannon Brown sworn September 22, 2025PDF · Subscribers
Affidavit of Eric Desmarais sworn September 12, 2025
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., “Miquelon Meter Services Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/miquelon-meter-services-ltd

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/miquelon-meter-services-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.