Proceedings.

Receiver of Radium Scout First Ltd. and Administrator of Condominium Corporation No. 1823263

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Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Court of King's Bench of Alberta
Industry
Real estate · Rental & income property
Filings held11
Last activity10 Nov 2023
On the record1,574 days
Secured debtSubscribers

Early record. This matter is tracked from the court registry; its linked filings are the record, and extracted facts will appear here as its documents are processed. Still to come: a written summary; the stage tracker; assets; estate financials; the sale process.

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Case updates11 dated entries
Parties

Debtor

Receiver of Radium Scout First Ltd. and Administrator of Condominium Corporation No. 1823263

Receiver

PwC

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredServus Credit Union Ltd. · in 25 casesGeneral Security Agreement dated March 28, 2014 (all present and after-acquired property); Mortgage dated March 15, 2017 in the amount of $18,900,000 registered as Instrument 172 079 274 against the Lands (Collateral Mortgage) - registered principal, not a balance; General Assignment of Leases and Rents dated December 20, 2012 executed by W. De Silva Properties, registered as Instrument 132 007 703 — Indebtedness includes amounts under the Mortgage Facility (original amount $18,900,000) and CEBA Facility (original amount $60,000); plus further amounts owed for costs and expenses (including sol · as of 27 Jun 2022$12.5MNotice of Application to Appoint Receiver

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.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
11 filings
DateDocumentFile
Order for Final Distribution, Approval of Receiver's Fees and Disbursements, Receiver's Activities, and Receiver's Discharge
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Approval and Vesting, Interim Distribution, and Eviction Order
  • Presiding officer Justice G.S. Dunlop
PDF · Subscribers
Receiver's Second Report to CourtPDF · Subscribers
Approval and Vesting Order
  • Presiding officer Justice M.J. Lema
PDF · Subscribers
Receiver's First Report to CourtPDF · Subscribers
Radium First Building - Colliers BrochurePDF · Subscribers
245, 246 Notice - Radium Scout First Ltd.PDF · Subscribers
Administrator Order
  • Presiding officer Justice D.R. Mah
PDF · Subscribers
Notice of Application to Appoint Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Presiding officer Justice D. R. Mah
PDF · Subscribers
Affidavit of R.J. McMurray - Sworn July 5, 2022PDF · Subscribers

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

CiteProceedings., “Receiver of Radium Scout First Ltd. and Administrator of Condominium Corporation No. 1823263” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/receiver-of-radium-scout-first-ltd-and-administrator-of-condominium-corporation-

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Sources last checked · record updated 3 September 2026 · Report a correction · Printed from proceedings.ca/case/receiver-of-radium-scout-first-ltd-and-administrator-of-condominium-corporation-

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.