Special D Baking Ltd. and Land Assembly Company (Edmonton) Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)Division 4 of Part 6 of the Alberta Rules of Court
- File
- 2503 06564
Filings held73
Last activity13 Aug 2026
On the record461 days
OverviewSummary updated
Special D Baking Ltd. and Land Assembly Company (Edmonton) Ltd. have been under court-appointed receivership in the Court of King's Bench of Alberta at Edmonton since June 17, 2025, when Ernst & Young Inc. was appointed Receiver and Manager under Division 4 of Part 6 of the Alberta Rules of Court (file 2503 06564). The Receiver secured the Property and Premises that day and kept Special D's wholesale donut manufacturing business running, financing operations from accounts receivable after exhausting a $700,000 borrowing certificate. The orders provide for a Receiver's Charge of $350,000 and a Receiver's Borrowing Charge of $1,250,000. A sale process approved August 26, 2025 was run as the Amended SISP; a transaction with the winning bidder collapsed, and on October 20, 2025 the Court approved sales to Red Canoe Enterprises Ltd. and 2135403 Alberta Ltd. The receivership remains active, with the most recent order pronounced March 5, 2026.
Proceedings AIAsk this case — answers cite the filings
Case updates75 dated entries
72 earlier updates, back to 17 June 2025 — subscribers.
Parties
Debtor
Special D Baking Ltd. and Land Assembly Company (Edmonton) Ltd.
Applicant
Farm Credit Canada
Receiver
EY
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Gill | Court of King's Bench of Alberta | 2 orders, Sep 2025 – Oct 2025 | 37 cases on record |
| Justice Burns | Court of King's Bench of Alberta | 2 orders, Aug 2025 – Sep 2025 | 41 cases on record |
Counsel of record
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Court-ordered charges | Receiver's Borrowing Charge | $1.25M | Amending Receivership Order (Filed) - 26 June 2025 |
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 processAs stated in the filings
5 transactions · 2 proposed · 2 approved · 1 not completed — The Transaction is approved by this order.Approval and Vesting Order - Red Canoe · 20 Oct 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| prospective purchaser of the real property owned by LAC (Lot 2), unnamedthe real property owned by LAC identified as Lot 2 in Schedule A in the SISP Process, being commercial property sited 1034559 Ave NW, Edmonton, AB T6H 1E7 · real property | not stated | Proposed | Second Report of the Receiver |
| offeror on the 59 Ave Building OTP, unnamedthe 59 Ave Building · real property | not stated | Proposed | Third Report of the Receiver (Filed) |
| unnamed 'Winning Bidder' under Amended SISP; transaction collapsedthe Special D Assets, comprised of the Factory, any LAC personal property associated with the Factory, and the Special D Assets · asset sale | Sealed | Not completed | Third Report of the Receiver (Filed) |
| 2135403 Alberta Ltd.the Debtor right, title and interest in and to the assets described in the Sale Agreement (the ' Purchased Assets ' ) · real property · nominee/assignee: its nominee · agreement 10 Sep 2025 | Sealed | Approved20 Oct 2025 | Approval and Vesting Order - 213 AB |
| Red Canoe Enterprises Ltd.the Debtors' right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · nominee/assignee: its nominee · agreement 10 Oct 2025 | not stated | Approved20 Oct 2025 | Approval and Vesting Order - Red Canoe |
Closing termsVesting effective upon delivery of the Receiver's Closing CertificateApproval and Vesting Order - 59 Ave Building
Sealed materialsSecond Confidential Supplemental to the Receiver's Fourth Report to the Court; Sale Agreement / Fourth Report Confidential SupplementApplication by the Receive - Sale Approval and Vesting Order
RecoveriesAs declared or paid
Farm Credit Canada: a distribution.FinalOrder for Interim Distribution · 5 Mar 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Court charges | Farm Credit Canada | — | a distribution | Finalper the court | Order for Interim Distribution · 5 Mar 2026 |
| WEPPA | Service Canada | — | a distribution | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| Deemed trust | Canada Revenue Agency | — | a distribution | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| Secured | ATB Financial | — | a distributioninterim | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| Secured | Farm Credit Canada | — | a distribution | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| Secured | Fianna Capital Management Group Ltd. | — | a distributioninterim | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| PMSI / lessor | Reiser (Canada) Co. | — | a distribution | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
| PMSI / lessor | Toyota Credit Canada Inc. | — | a distribution | Finalper the court | Draft Interim Distribution Order · 5 Mar 2026 |
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
8 engagements · 2 firms — latest: McLennan Ross LLP, 17 Dec 2025 – 23 Feb 2026Affidavit of Fees - Karen Zahacy · 2 Mar 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Ernst & Young Inc.Receiverperiod 6 of 6 | 4 Oct 2025 – 13 Feb 2026Sought | — | ••• | •••14 people | Affidavit of Fees - Karen Zahacy · 2 Mar 2026 |
| Ernst & Young Inc.Receiverperiod 5 of 6 | to 15 Oct 2025 | — | ••• | not stated | Fee Affidavit (Filed) · 16 Oct 2025 |
| Ernst & Young Inc.Receiverperiod 4 of 6 | to 3 Oct 2025 | ••• | ••• | •••10 people | Fee Affidavit (Filed) · 16 Oct 2025 |
| Ernst & Young Inc.Receiverperiod 3 of 6 | 17 Jun – 5 Sep 2025Sought | ••• | ••• | •••9 people | Affidavit of Karen Zahacy (Filed) · 19 Sep 2025 |
| Ernst & Young Inc.Receiverperiod 3 of 6 | 9 Aug – 5 Sep 2025Sought | ••• | ••• | •••9 people | Third Report of the Receiver (Filed) · 19 Sep 2025 |
| Ernst & Young Inc.Receiverperiod 1 of 6 | Second Report | — | ••• | •••1 person | Third Report of the Receiver (Filed) · 19 Sep 2025 |
| McLennan Ross LLPCounsel to the receiverperiod 2 of 2 | 17 Dec 2025 – 23 Feb 2026Sought | — | ••• | •••10 people | Affidavit of Fees - Karen Zahacy · 2 Mar 2026 |
| McLennan Ross LLPCounsel to the receiverperiod 1 of 2 | the McLennan Ross AccountsSought | — | ••• | not stated | Affidavit of Karen Zahacy (Filed) · 19 Sep 2025 |
Estate financialsReported figures — never derived
Cumulative receipts
$405K
As at 19 Aug 2025Second Report of the Receiver
Documents
73 filings
| Date | Document | File |
|---|---|---|
Amending Order for Judgment filed
| PDF · Subscribers | |
Order for Interim Distribution
| PDF · Subscribers | |
| Order for Judgment - Sallyport | PDF · Subscribers | |
| Supplemental Affidavit of Garry Taylor | PDF · Subscribers | |
| Addidavit of M Shorten | PDF · Subscribers | |
Royal Bank of Canada v. Cow Harbour Construction Ltd
| PDF · Subscribers | |
| Reply Brief of Law of Reiser (Canada) Co | PDF · Subscribers | |
Affidavit of Fees - Karen Zahacy
| PDF · Subscribers | |
| Affidavit of Lucas Manley | PDF · Subscribers | |
Application
| PDF · Subscribers | |
| Brief of Receiver | PDF · Subscribers | |
Draft Interim Distribution Order
| PDF · Subscribers | |
Notice of Bankruptcy - Creditor Package
| PDF · Subscribers | |
Approval and Vesting Order - 59 Ave Building
| PDF · Subscribers | |
Approval and Vesting Order - Special D Assets
| PDF · Subscribers | |
Order Sealing and Approval of Fees and Conduct of Receiver
| PDF · Subscribers | |
| Bankruptcy Order | PDF · Subscribers | |
Application by the Receive - Sale Approval and Vesting Order
| PDF · Subscribers | |
Approval and Vesting Order - 213 AB
| PDF · Subscribers | |
Approval and Vesting Order - Red Canoe
| PDF · Subscribers | |
| Brief Book of Authorities | PDF · Subscribers | |
| Brief Book of Authorities (Filed) | PDF · Subscribers | |
Fee Affidavit (Filed)
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Affidavit of Chantal Keely | PDF · Subscribers | |
| Application to Bankrupt Special D Baking Ltd | PDF · Subscribers | |
| Bankruptcy Order for Special D Baking Ltd | PDF · Subscribers | |
Amending Receivership Order (Filed)
| PDF · Subscribers | |
Affidavit of Karen Zahacy (Filed)
| PDF · Subscribers | |
Application for Sealing Order and Amending Order by the Receiver (Filed)
| PDF · Subscribers | |
| Book of Authorities for Court Access Order and Receiver's Charge (Filed) | PDF · Subscribers | |
Third Report of the Receiver (Filed)
| PDF · Subscribers | |
Affidavit of Karen Zahacy - Fees
| PDF · Subscribers | |
Application for Sealing Order and Amending Order by the Receiver
| PDF · Subscribers | |
| Book of Authorities for Court Access Order and Receiver's Charge | PDF · Subscribers | |
| Letter to Commercial Coordinator | PDF · Subscribers | |
Restricted Court Access Order
| PDF · Subscribers | |
Third Report of the Receiver
| PDF · Subscribers | |
| WEBEX Confirmation - 2503 06564 - FARM CREDIT CANADA v. SPECIAL D BAKING LTD | PDF · Subscribers | |
Sale and Investment Solicitation Process - Order
| PDF · Subscribers | |
Affidavit of Scott Manley Service List
| PDF · Subscribers | |
| Filed Affidavit of Scott Manley | PDF · Subscribers | |
| Letter to Service List - Adjournment of the Application | PDF · Subscribers | |
| Receiver's Certificate 2 Filed August 20, 2025 | PDF · Subscribers | |
| Application WEBEX Link | PDF · Subscribers | |
| Application by Receiver | PDF · Subscribers | |
| Book of Authorities | PDF · Subscribers | |
Form of Order - SISP
| PDF · Subscribers | |
| Letter to Service List | PDF · Subscribers | |
Second Report of the Receiver
| PDF · Subscribers | |
| WEBEX Confirmation | PDF · Subscribers | |
| Written Brief of the Receiver | PDF · Subscribers | |
| Reply Brief of FCC | PDF · Subscribers | |
| Service Letter of FCC | PDF · Subscribers | |
Service List of FCC
| PDF · Subscribers | |
| Affidavit of Andrew Sendal - Sworn August 14 | PDF · Subscribers | |
| Application by CT Bakery | PDF · Subscribers | |
| Brief and Authorities of CT Bakery | PDF · Subscribers | |
| Receiver's Certificate 1 Filed August 11, 2025 | PDF · Subscribers | |
| Receiver's Certificate 3 filed August 2, 2025 | PDF · Subscribers | |
Amending Receivership Order (Filed) - 26 June 2025
| PDF · Subscribers | |
| Application by Receiver (Filed) - 26 June 2025 | PDF · Subscribers | |
First Report of the Receiver (Filed) - 26 June 2025
| PDF · Subscribers | |
Application WEBEX Link - June 26, 2025
| PDF · Subscribers | |
Application by Receiver - June 25, 2025
| PDF · Subscribers | |
Draft Amending Order
| PDF · Subscribers | |
First Report of the Receiver - June 25, 2025
| PDF · Subscribers | |
| Notice and Statement of Receiver | PDF · Subscribers | |
Consent Receivership Order (Filed)
| PDF · Subscribers | |
Consent Receivership Order (Unfiled)
| PDF · Subscribers | |
| Bench Brief of Applicant, FCC | PDF · Subscribers | |
| Sworn Affidavit of Chantal Keely (FCC) | PDF · Subscribers | |
Sworn Affidavit of Ben Neufeld (FCC)
| 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., “Special D Baking Ltd. and Land Assembly Company (Edmonton) Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/special-d-baking-ltd-and-land-assembly-company-edmonton-ltd