Platinum Investment Trust has been under court-appointed receivership in Alberta since June 5, 2012, when Ernst & Young Inc. was appointed receiver and manager on the application of Gerry Dupas. The appointment was made under section 13 of the Judicature Act, R.S.A. 2000, c. J-2, in the Court of King's Bench of Alberta — styled the Court of Queen's Bench at the time of the appointment — under court file number 1101-09473. The receivership remains active, with Ernst & Young continuing in the role of receiver and manager of the Trust.
The officer filed report no. Sixth Report. The Receiver reports on its efforts to recover approximately $144,000 in foreclosure sale proceeds held in trust by Bennett Jones LLP, which Bennett Jones claims to have set off against its legal fees, and now seeks a court direction compelling an accounting and payment of the net proceeds to the Receiver.
Source: Sixth Report of the Receiver, filed November 27, 2014
The officer filed report no. Fifth Report. The Receiver reports on its efforts to recover the $350,000 of Loan 10 proceeds ordered delivered by Accretive and the Chandrans. Only $125,000 has been recovered, a refinancing of the Chandran residence has not occurred, and prospects of recovery from Chandran's investment account are considered minimal.
The officer filed report no. Fourth Report. The Receiver reports on recovery of Loan 10 trust funds: it has received $25,000 and $100,000 from Wolff Leia and about $11,811 from Bennett Jones, with $225,000 of the $350,000 ordered from Accretive still outstanding and promised for repayment on January 28, 2013.
Source: Fourth Report of the Receiver, dated January 28, 2013
Receivership order granted, commencing the Alberta proceeding against Platinum Investment Trust under court file 1101-09473 and placing it under a court-appointed receiver.
Application, filed May 25, 2012 was filed. Court file 1101-09473.
Source: Application, filed May 25, 2012
Debtor
Platinum Investment Trust
Receiver
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Jeffrey | Court of King's Bench of Alberta | 3 orders, Jun 2012 – Dec 2013 | 51 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorPlatinum Investment Trust | Bennett Jones LLP | 24 May 2012 | Affidavit · 24 May 2012 |
Cumulative receipts
$125K
As at 14 May 2013Fifth Report of the Receiver, dated May 14, 2013
| Date | Document | File |
|---|---|---|
Sixth Report of the Receiver, filed November 27, 2014
| PDF · Subscribers | |
Order - Legal Fund Repayment , filed December 20, 2013
| PDF · Subscribers | |
Fifth Report of the Receiver, dated May 14, 2013
| PDF · Subscribers | |
Fourth Report of the Receiver, dated January 28, 2013
| PDF · Subscribers | |
Third Report of the Receiver, dated December 3, 2012
| PDF · Subscribers | |
Order, filed November 21, 2012
| PDF · Subscribers | |
Second Report of the Receiver, dated November 15, 2012
| PDF · Subscribers | |
| Ex Parte Order, filed August 31, 2012 | PDF · Subscribers | |
First Report of the Receiver, dated August 22, 2012
| PDF · Subscribers | |
Receivership Order, filed June 8, 2012
| PDF · Subscribers | |
Application, filed May 25, 2012
| PDF · Subscribers | |
Affidavit of Robert J. Taylor, sworn on May 24, 2012
| 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., “Platinum Investment Trust” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/platinum-investment-trust
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/platinum-investment-trust
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.