#Filing
Notice and Statement of the Receiver – Dated May 13, 2026 — Notice of receiver (s. 245 / Form 87)
Northern Weld Arc Ltd.
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, and 65(7) of the Personal Property Security Act and section 49 of the Law of Property Act
- File
- 2603 09408
- Industry
- Manufacturing · Metals & fabrication
OverviewSummary updated
Northern Weld Arc Ltd. has been under court-appointed receivership since May 7, 2026, the date on which the Court of King's Bench of Alberta pronounced the receivership order. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and is carried on the Alberta court's file as No. 2603 09408. The receivership remains active. The record of the proceeding to date consists of the appointment order itself; no further steps have been entered.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
#Order
Pronounced by the Court of King's Bench of Alberta, placing Northern Weld Arc Ltd. into court-appointed receivership and commencing the proceeding under court file 2603 09408.
Parties
Debtor
Northern Weld Arc Ltd.
Receiver
BDO
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Burns | Court of King's Bench of Alberta | 1 order, May 2026 | 59 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorServus Credit Union Ltd | Dentons Canada LLP | 30 Apr 2026 | Factum · 30 Apr 2026 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Servus Credit Union Ltd. · in 25 casesGeneral Security Agreement — Amount per affidavit of Chris Millar, Senior Commercial Special Loans for Servus, sworn April 29, 2026 — debtor: Northern Weld Arc Ltd. · as of 29 Apr 2026 | $2.89M | Notice and Statement of the Receiver – Dated May 13, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 6 | Landlord preferred | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
81 more claims in 3 classes The stack holds Secured, Landlord preferred and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansEstate financialsReported figures — never derived
Total assets at filing
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments5 filings
| Date | Document | File |
|---|---|---|
Receivership Order – Filed May 15, 2026
| PDF · Subscribers | |
Notice and Statement of the Receiver – Dated May 13, 2026
| PDF · Subscribers | |
Affidavit of Chris Millar – Filed April 30, 2026
| PDF · Subscribers | |
Bench Brief of Servus Credit Union – Filed April 30, 2026
| PDF · Subscribers | |
Receivership Application – Filed April 30, 2026
| 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., “Northern Weld Arc Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/northern-weld-arc-ltd