Select Lands of 2101705 Alberta Inc. and Lukus Developments Inc.
FollowClosed
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2301-03667
Filings held22
Last activity29 Jul 2025
On the record1,270 days
Secured debt$233K
OverviewSummary updated
2101705 Alberta Inc. and Lukus Developments Inc. entered court-appointed receivership on March 31, 2023, by order of the Court of King's Bench of Alberta under BIA s. 243 and the provincial Judicature Act (Court File No. 2301-03667). The receivership covers the Select Lands, comprising Units 86, 153, 154 and 166. Title to Unit 153 carries multiple registered encumbrances, including a $2,618 Rocky View County tax notification, a $210,000 Enright Monterra G.P. Ltd. vendor's lien caveat, a $233,000 Baggs Investments caveat, mortgages to Eugene Urban ($1,804,000 original principal, postponed) and Olympia Trust Company ($200,000 original principal), and caveats from Roger J. Baker Professional Corp. and Enright Monterra G.P. Ltd. Rocky View County also holds a $7,967 property tax claim against all four units, which the Receiver intended to pay by the end of June 2023.
Proceedings AIAsk this case — answers cite the filings
Case updates22 dated entries
#Order
Court of King's Bench of Alberta pronounced the receivership order, placing 2101705 Alberta Inc. and Lukus Developments Inc. into court-appointed receivership effective March 31, 2023.
Source: Order of Justice J. S. Little (Consent Receivership Order)
Parties
Debtor
Select Lands of 2101705 Alberta Inc. and Lukus Developments Inc.
Receiver
GlassRatner
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Campbell | Court of King's Bench of Alberta | 4 orders, Jun 2023 | 27 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorOlympia Trust Company | Carscallen Leitch LLP | 31 Mar 2023 | Order · 31 Mar 2023 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Baggs Investments - caveat re Agreement Charging LandCaveat re Agreement Charging Land registered against title to Unit 153 — debtor: 2101705 Alberta Inc. (Unit 153) | $233K | First Report of the Receiver (redacted) |
| Secured | Enright Monterra G.P. Ltd. (Enright Monterra Limited Partnership) - vendor's lienCaveat re: Vendor's Lien registered against title to Unit 153 (Condominium Plan 0810165), registration number 211 075 902 — Enright Monterra is also the Applicant in this receivership (original vendor under PSA) - related-party context; amount as stated in Receiver's summary of land titles — debtor: 2101705 Alberta Inc. (Unit 153) | $210K | First Report of the Receiver (redacted) |
| Secured | Rocky View County - property taxes (Select Lands, all four units)as of due June 30, 2023 — Property taxes owing to Rocky View County for the Select Lands — Distinct from the $2,618 Unit 153-specific tax notification shown in the land titles search; Receiver intends to pay before end of June 2023 — debtor: 2101705 Alberta Inc. and Lukus Developments Inc. (Select Lands - Units 86, 153, 154, 166) | $7.97K | First Report of the Receiver (redacted) |
| Secured | Rocky View County - tax notification (Unit 153)Tax notification registered against title to Unit 153 — Amount owed still being confirmed by the Receiver; municipal tax claim (regulatory/priority class) — debtor: 2101705 Alberta Inc. (Unit 153) | $2.62K | First Report of the Receiver (redacted) |
| Secured | Eugene Urban - Mortgage (postponed to Olympia Trust)Mortgage registered 12/05/2022 (registration 221 099 573) against title to Unit 153; original principal amount $1,804,000; postponed in priority to Olympia Trust mortgage per registration 231 018 002 — Eugene Urban shares surname with Debtors' principal Dominic Urban - possible related party; amount is the ORIGINAL PRINCIPAL AMOUNT per land title certificate, not a confirmed balance; subordinated/postponed to Olympia Trust mortgage — debtor: 2101705 Alberta Inc. (Unit 153) | — | First Report of the Receiver (redacted) |
| Secured | Olympia Trust Company - MortgageMortgage registered 19/01/2023 (registration 231 018 001) against title to Unit 153; original principal amount $200,000 — Land title certificate labels this the ORIGINAL PRINCIPAL AMOUNT, not a confirmed outstanding balance — debtor: 2101705 Alberta Inc. (Unit 153) | — | First Report of the Receiver (redacted) |
| Secured | Roger J. Baker Professional Corp. - caveat re Agreement Charging LandCaveat re Agreement Charging Land registered against title to Unit 153 — Amount unknown per Receiver's summary — debtor: 2101705 Alberta Inc. (Unit 153) | — | First Report of the Receiver (redacted) |
| Secured | Unknown (Pending Caveat re Agreement Charging Land) · in 2 casesPending caveat re Agreement Charging Land against title to Unit 153 — Creditor identity and amount unknown; registration pending per Receiver's summary — debtor: 2101705 Alberta Inc. (Unit 153) | — | First Report of the Receiver (redacted) |
| Secured | Enright Monterra G.P. Ltd. - caveat re Purchaser's interest (right of repurchase)Caveat re Purchaser's Interest (right of repurchase) registered against title to Unit 153, registration number 211 075 903 — No dollar amount stated on title or in Receiver's summary; may relate to the Existing Purchaser's $233,600 advance for Unit 153 referenced elsewhere in the report (para 16) — debtor: 2101705 Alberta Inc. (Unit 153) | — | First Report of the Receiver (redacted) |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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
Secured creditors: shortfall. Enright Monterra GP Ltd. short by $9.23K · Olympia Trust Company short by $219K.EstimatedFifth Report of the Receiver · 21 Jul 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | secured debt | — | shortfall | Estimatedper the receiver | Fifth Report of the Receiver · 21 Jul 2025 |
| SecuredEnright Capital vendor secured interest | Enright Monterra GP Ltd. | $337K | short by $9.23K | per the receiver | Supplementary Report to the Second Report of the Receiver · 16 Aug 2023 |
| SecuredOlympia Trust secured facility | Olympia Trust Company | $219K | short by $219K | per the receiver | Supplementary Report to the Second Report of the Receiver · 16 Aug 2023 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
Fees and ratesAs stated in the filings
3 engagements · 2 firms — latest: B. Riley Farber Inc., to 31 Oct 2024Fourth Report of the Receiver · 6 Nov 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| B. Riley Farber Inc.Receiverperiod 2 of 2 | to 31 Oct 2024 | — | — | $473stated average | Fourth Report of the Receiver · 6 Nov 2024 |
| B. Riley Farber Inc.Receiverperiod 1 of 2 | to 31 Jul 2023Sought | 124 | $66,861.00ex. tax | not stated | Second Report of the Receiver · 14 Aug 2023 |
| MLT Aikins LLPCounsel to the receiver | to 31 Jul 2023Sought | 133 | $59,884.00ex. tax | not stated | Second Report of the Receiver · 14 Aug 2023 |
Documents
22 filings
| Date | Document | File |
|---|---|---|
Order of Justice P.R. Jeffrey – July 29,
| ||
| Application (Final Distribution) | ||
Fifth Report of the Receiver
| ||
Application (Sale Approval and Vesting Order, Sealing Order, Approval of Receiver’s Activities and Partial Discharge) )
| ||
| Draft Approval and Vesting Order (redline) | ||
Fourth Report of the Receiver
| ||
| Brief of the Receiver | ||
| Third Supplement to the Third Report (redacted) | ||
| Second Supplemental Report to the Third Report (redacted) | ||
Application (Sale Approval and Vesting Order, Sealing Order, Approval of Receiver’s Activities and Partial Discharge)
| ||
| Supplemental Report to the Third Report of the Receiver | ||
| Third Report of the Receiver (redacted) | ||
Application (Distribution Order and Partial Discharge)
| ||
Supplementary Report to the Second Report of the Receiver
| ||
Second Report of the Receiver
| ||
| Receiver’s Certificate (Unit 153) | ||
Application (Sale Approval and Vesting Order, Sealing Order and Approval of Receiver’s Activities)
| ||
Order of Justice G.A. Campbell (Approval and Vesting Order)
| ||
Order of Justice G.A. Campbell (Order Approving Receiver’s Activities)
| ||
Order of Justice G.A. Campbell (Sealing Order)
| ||
First Report of the Receiver (redacted)
| ||
Order of Justice J. S. Little (Consent Receivership Order)
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Select Lands of 2101705 Alberta Inc. and Lukus Developments Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/select-lands-of-2101705-alberta-inc-and-lukus-developments-inc