Rural Road Construction Ltd.
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2401-04031
Rural Road Construction Ltd. is under court-appointed receivership pursuant to BIA s. 243 and the provincial Judicature Acts, with RBC Royal Bank acting as the applicant secured creditor. As of the May 1, 2024 date of insolvency, the Receiver's Statement of Affairs listed total asset value of $3,518,732.00 against a net realizable value of $1,617,829.58. Secured claims include RBC at $1,311,540.61 under a general security interest, Scotiabank at $57,986.00, and PMSI equipment financiers collectively owed $531,375.81 against specific serialized vehicles and equipment. Unsecured claims listed in the notice include nominal $1.00 amounts for Burnet, Duckworth & Palmer LLP, the CRA, and Lexin Resources Ltd., alongside a $22,000.00 claim from Alberta Tax & Revenue. No aggregate total liabilities figure is stated.
Debtor
Rural Road Construction Ltd.
Receiver
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | RBC Royal Bank · in 54 casesGeneral security interest on the Property (blanket registration); RBC is the applicant/petitioning secured creditor for the receivership — debtor: Rural Road Construction Ltd. · as of 2 May 2024 | $1.31M | Notice of Statement of Receiver |
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
6 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
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 plans| Date | Document | File |
|---|---|---|
| Order for the Discharge of the Receiver | PDF · Subscribers | |
| First Receivers Report | PDF · Subscribers | |
Notice of Statement of Receiver
| PDF · Subscribers | |
Receivership Order
| 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., “Rural Road Construction Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/rural-road-construction-ltd