Starke Capital Corp. and 1637102 Alberta Ltd. have been under court-appointed receivership since January 18, 2024, in proceedings before the Court of King's Bench of Alberta brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, court file 2401-00363. A report of the court officer was filed the same day the receivership commenced. The proceeding remains active. Nothing further about the debtors' assets, the claims against them, or the conduct of the receivership has been recorded on this page.
The court granted an approval and vesting order for the sale to Vedran Jakovljevic. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Closing Certificate confirming payment of Purchase Price and satisfaction of closing conditions.
The court appointed BDO Canada Limited as Receiver, on the application of ATB Financial. Court file 2401-00363.
Court officer filed a report on the receivership's commencement date, the only filing recorded here in the Alberta proceeding to date.
Source: First Report of the Receiver, dated November 25, 2025
2 earlier updates, back to 18 January 2024 — subscribers.
1 filings carry no date on their face — subscribers.
Debtor
Starke Capital Corp. and 1637102 Alberta Ltd.
Receiver
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | ATB Financial · in 56 casesRegistered security interest against Starke's present and after-acquired personal property (registered 2016-05-30); ATB Mortgage against 163 AB's title to the Lands, original principal $8,800,000 (registered 2016-05-26), with assignment of rents and leases; security interest against 163 AB's present and after-acquired personal property (registered 2019-07-19) — Stated as 'ATB Secured Indebtedness', approximate, plus interest and costs continuing to accrue; Receiver's counsel confirmed valid and enforceable security subject to customary qualifications; ATB anticipated to experience significant · as of 21 Nov 2025 | $9.86M | First Report of the Receiver, dated November 25, 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.
Approval pending — Receiver negotiated and entered into the Sale Agreement, conditional on Court approvalFirst Report of the Receiver, dated November 25, 2025 · 24 Nov 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Vedran Jakovljevicthe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · nominee/assignee: their nominee · agreement 16 Oct 2025 | not stated | Approved5 Dec 2025 | Sale Approval and Vesting Order, filed Dec 5,… |
Secured creditors: no distribution. ATB short.EstimatedFirst Report of the Receiver · 25 Nov 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | other secured parties or creditors | — | no distribution | Estimatedper the receiver | First Report of the Receiver · 25 Nov 2025 |
| Secured | ATB | — | shortfall | Estimatedper the receiver | First Report of the Receiver · 25 Nov 2025 |
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.
| Date | Document | File |
|---|---|---|
Sale Approval and Vesting Order, filed Dec 5, 2025
| PDF · Subscribers | |
First Report of the Receiver, dated November 25, 2025
| PDF · Subscribers | |
Receivership Order, granted January 18, 2024
| PDF · Subscribers | |
Affidavit of Brian Spilchen, sworn January 9, 2024
| PDF · Subscribers | |
Application to Appoint a Receiver, filed January 9, 2024
| PDF · Subscribers | |
| Application of ATB Financial related to Condo Corp claims, filed Sept 16, 2026 | 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., “Starke Capital Corp. and 1637102 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/starke-capital-corp-and-1637102-alberta-ltd
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/starke-capital-corp-and-1637102-alberta-ltd
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.