The court granted an approval and vesting order for the sale to H.R. Herchen Professional Corporation. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price, satisfaction/waiver of Article 6 conditions, and completion of the Transaction. Sealed: Confidential Supplement containing the Herchen APA.
Sanitas
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2201-09184
Sanitas is in court-appointed receivership in Alberta, commenced January 11, 2024, with BDO Canada Limited appointed receiver and manager under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The application was brought by ATB Financial in the Court of King's Bench of Alberta under court file no. 2201-09184. ATB holds a general security agreement over all present and after-acquired personal property of Malgorzata Nowak Professional Corporation, together with a personal guarantee from Malgorzata Nowak. Its judgment against the corporation and Nowak was entered November 1, 2022 in the amount of $964,391.64, against which a single payment of $500 has been made. The receivership remains active.
Application for sale approval and other relief, filed July 17, 2024 — Application / notice of application
Receivership order made in Court of King's Bench of Alberta file 2201-09184, commencing the proceeding against Sanitas on January 11, 2024.
Source: Receivership Order
Application to Appoint a Receiver, filed September 27, 2023 — Application / notice of application
Undated filings1 — no date appears on the document · show
Debtor
Sanitas
Receiver
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | ATB Financial · in 56 casesas of judgment date (November 1, 2022) — General security agreement over all present and after-acquired personal property of Malgorzata PC — Original judgment amount of $964,391.64; a single $500 payment made since judgment. Personal guarantee also provided by Malgorzata Nowak (individual guarantor). — debtor: Malgorzata Nowak Professional Corporation and Malgorzata Nowak | $964K | Application to Appoint a Receiver, filed September 27, 2023 |
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.
Sale approvedSale Approval and Vesting Order, re ATB v. Malgorzata Nowak… · 23 Jul 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| H.R. Herchen Professional Corporationthe assets described in the APA (the 'Purchased Assets') · asset sale · nominee/assignee: or its nominee · agreement 15 Jul 2024 | Sealed | Approved23 Jul 2024 | Sale Approval and Vesting Order, re ATB v.… |
| Date | Document | File |
|---|---|---|
Order Reviving and Approving Receiver's Activities, and Interim Statement of Receipts, and Disbursements, re ATB v. Malgorzata N
| ||
Sale Approval and Vesting Order, re ATB v. Malgorzata Nowak Professional and at all., filed July 23, 2024
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Sealing Order, re ATB v. Malgorzata Nowak Professional and at all., filed July 23, 2024
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| Application for sale approval and other relief, filed July 17, 2024 | ||
| Brief of the Receiver, filed July 17, 2024 | ||
Receivership Order
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Authorities re Appointment of Receiver
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Application to Appoint a Receiver, filed September 27, 2023
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| Affidavit of Heather Gertner, sworn September 25, 2023 | ||
| Brief re Appointment of Receiver | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Sanitas” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/sanitas