Stellar One Holdings Ltd
FollowActive
- Proceeding
- Receivership (court-appointed)Section 39 of the Law and Equity Act, R.S.B.C. 1996 c. 253 and 227(3) of the Business Corporations Act, S.B.C. 2002, c. 53
- File
- 1903 20503
Filings held73
Last activity14 Oct 2022
On the record2,468 days
OverviewSummary updated
Stellar One Holdings Ltd. is the subject of active insolvency proceedings in Alberta. Its secured position is held by Servus Credit Union, under a general security agreement charging all present and after-acquired property of Stellar One, and Stellar One also guarantees the indebtedness of 1905393 Alberta Ltd. Servus's exposure to Stellar One is expected to be in the range of $14.5 to $16 million upon completion of the sale of the hotels of 1905393 Alberta Ltd. — an approximate, forward-looking range rather than a stated balance, so the amount ultimately owing turns on the outcome of that sale.
Proceedings AIAsk this case — answers cite the filings
Case updates73 dated entries
#Sale
Podollan Squared - Sale Approval and Vesting Order (Dixon Contracting Ltd.) granted October 14 2022 — Approval and vesting order
#Sale
Podollan Squared - Sale Approval and Vesting Order (Kyle Mondor) granted October 14 2022 — Approval and vesting order
70 earlier updates, back to 19 December 2019 — subscribers.
Parties
Debtor
Stellar One Holdings Ltd
Receiver
PwC
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Servus Credit Union · in 13 casesas of expected upon completion of hotel sale — General security agreement over all present and after-acquired property of Stellar One Holdings Ltd. (charging all assets); guarantee of 1905393 Alberta Ltd. indebtedness — Stellar One's indebtedness to Servus expected to be in the range of $14.5 to $16 million after completion of sale of 190's hotels (approximate, forward-looking range, not a stated balance) — debtor: Stellar One Holdings Ltd. | — | Dax Air - Notice of Application Dated March 5, 2020 |
“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.
Sale processAs stated in the filings
Successful bid selected — Interim Receiver supports acceptance of the offer received on the Pilatus from Anatino and the granting of a Sale Approval and Vesting OrderStellar One Sixth Report to the Court Filed November 18, 2020 · 18 Nov 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Anatinothe Pilatus · asset sale | Sealed | Proposed | Stellar One Sixth Report to the Court Filed… |
AdvisorsRGM Aviation Ltd. (listing broker)Stellar One Sixth Report to the Court Filed November 18, 2020
Documents
73 filings
| Date | Document | File |
|---|---|---|
| Podollan Squared - Distribution Order granted October 14 2022 | PDF · Subscribers | |
| Podollan Squared - Sale Approval and Vesting Order (Dixon Contracting Ltd.) granted October 14 2022 | PDF · Subscribers | |
| Podollan Squared - Sale Approval and Vesting Order (Kyle Mondor) granted October 14 2022 | PDF · Subscribers | |
| Podollan Squared - Sale Approval and Vesting Order (Sunnyside Lane Developments Ltd.) granted October 14 2022 | PDF · Subscribers | |
| Podollan Squared - Sale Approval and Vesting Order (TradeSmith Contracting Corp.) granted October 14 2022 | PDF · Subscribers | |
| Podollan Squared - Sale Approval and Vesting Order (Wooden Shoe Property Management Ltd.) granted October 14 2022 | PDF · Subscribers | |
| Restricted Court Access Order - Confidential Addendum - granted October 14 2022 | PDF · Subscribers | |
| Restricted Court Access Order - Supplemental Confidential Addendum - granted October 14 2022 | PDF · Subscribers | |
| Stellar One - Affidavit for Supplement to Eleventh Report dated October 11 2022 | PDF · Subscribers | |
| Stellar One - Affidavit for Eleventh Report to the Court Filed October 3 2022 | PDF · Subscribers | |
| Podollan Developments - Morrison St. Condo Sale Approval and Vesting Order Aug 30 2022 | PDF · Subscribers | |
| Stellar One - Affidavit for Tenth Report to the Court Filed August 19 2022 | PDF · Subscribers | |
| Corporate Ventures - Section 13 Lands Approval and Vesting Order granted May 5, 2022 | PDF · Subscribers | |
| Notice No. 31 - Bid Process | PDF · Subscribers | |
| BC Court Covid-19 Notice No. 31 Bid Process | PDF · Subscribers | |
| Section 13 Lands - Template Contract of Purchase and Sale | PDF · Subscribers | |
| Amending Order granted March 10 2022 - Podollan Ventures | PDF · Subscribers | |
| Corporate Ventures Sale Approval and Vesting Order granted March 10 2022 - 10131 Franklin Ave | PDF · Subscribers | |
| Corporate Ventures Sale Approval and Vesting Order granted March 10 2022 - 10303 Franklin Ave | PDF · Subscribers | |
| Recognition Order granted March 10 2022 - Corporate Ventures | PDF · Subscribers | |
| Recognition Order granted March 10 2022 - Dax Air | PDF · Subscribers | |
| Recognition Order granted March 10 2022 - Podfive | PDF · Subscribers | |
| Recognition Order granted March 10 2022 - Podollan Developments | PDF · Subscribers | |
| Recognition Order granted March 10 2022 - Podollan's Construction | PDF · Subscribers | |
| Stellar One Eighth Report to the Court Filed March 3, 2022 | PDF · Subscribers | |
| Southwynd Estates Grande Prairie - Colliers Brochure | PDF · Subscribers | |
| Podollan Hotels Fort McMurray - Colliers Brochure | PDF · Subscribers | |
| Corporate Ventures Order Voiding Transfers to Leah Podollan Granted August 16 2021 | PDF · Subscribers | |
| Dax Air Order Voiding Transfers to Leah Podollan Granted August 16 2021 | PDF · Subscribers | |
| Podollan's Construction Order Voiding Transfers to Leah Podollan Granted August 16 2021 | PDF · Subscribers | |
| 245 246 Notice Podollan Squared Ventures Ltd. | PDF · Subscribers | |
| Podollan Squared Receivership Order Granted July 15, 2021 | PDF · Subscribers | |
| 245 246 Notice Corporate Ventures Inc. | PDF · Subscribers | |
| 245 246 Notice Dax Air Enterprises Inc. | PDF · Subscribers | |
| 245 246 Notice Podfive Investments Inc. | PDF · Subscribers | |
| 245 246 Notice Podollan Developments Ltd. | PDF · Subscribers | |
| 245 246 Notice Podollan's Construction Ltd. | PDF · Subscribers | |
| Corporate Ventures Receivership Order Granted June 23, 2021 | PDF · Subscribers | |
| Podollan Developments Receivership Order Granted June 23, 2021 | PDF · Subscribers | |
| Podollan's Construction Receivership Order Granted June 23, 2021 | PDF · Subscribers | |
| Corporate Ventures - Notice of Application Filed May 31, 2021 to Amend IR Order | PDF · Subscribers | |
| Podollan Developments - Notice of Application Filed May 31, 2021 to Amend IR Order | PDF · Subscribers | |
| Podollan Squared - Notice of Application Filed May 31, 2021 to Amend IR Order | PDF · Subscribers | |
| Podollan's Construction - Notice of Application Filed May 31, 2021 to Amend IR Order | PDF · Subscribers | |
| Stellar One Seventh Report to the Court Filed May 14, 2021 | PDF · Subscribers | |
| Supplemental Volume (7th Report) - Corporate Ventures transfers to Leah | PDF · Subscribers | |
| Supplemental Volume (7th Report) - David's transfers to Leah | PDF · Subscribers | |
| Supplemental Volume (7th Report) - Podollan's Construction transfers to Leah | PDF · Subscribers | |
| Dax Air Approval and Vesting Order granted December 4, 2020 | PDF · Subscribers | |
| Dax Air Sealing Order granted December 4, 2020 | PDF · Subscribers | |
Stellar One Sixth Report to the Court Filed November 18, 2020
| PDF · Subscribers | |
| Dax Air Information Package_Pilatus Aircraft Sales Process | PDF · Subscribers | |
| Podfive Investments Receivership Order Granted September 17 2020 | PDF · Subscribers | |
| Dax Air Order Granted September 15 2020 | PDF · Subscribers | |
| Stellar One Fifth Report to the Court Filed August 20, 2020 | PDF · Subscribers | |
Dax Air - Notice of Application Dated March 5, 2020
| PDF · Subscribers | |
| Stellar One First Report Exhibit - Corporate Ventures transfers to Leah | PDF · Subscribers | |
| Stellar One First Report Exhibit - David Podollan transfers to Leah | PDF · Subscribers | |
| Stellar One First Report Exhibit - Podollan's Construction transfer to Leah | PDF · Subscribers | |
| Stellar One Fourth Report to the Court Filed March 4, 2020 | PDF · Subscribers | |
| Stellar One Third Report to the Court Filed Jan 30, 2020 | PDF · Subscribers | |
| Stellar One Second Report to the Court Filed January 9, 2020 | PDF · Subscribers | |
| Amending Order Podollan Developments Dated Dec 20, 2019 | PDF · Subscribers | |
Corporate Ventures Inc. Interim Receivership Order Dated Dec 19, 2019
| PDF · Subscribers | |
| Dax Air Enterprises Inc. Interim Receivership Order Dated Dec 19, 2019 | PDF · Subscribers | |
Podfive Investments Inc. Interim Receivership Order Dated Dec 19, 2019
| PDF · Subscribers | |
| Podollan Construction Ltd. Interim Receivership Order Dated Dec 19, 2019 | PDF · Subscribers | |
| Podollan Developments Inc. Interim Receivership Order Dated Dec 19, 2019 | PDF · Subscribers | |
| Podollan Squared Ventures Ltd. Interim Receivership Order Dated Dec 19, 2019 | PDF · Subscribers | |
| Podollan Ventures Inc. Interim Receivership Order Dated Dec 19, 2019 | PDF · Subscribers | |
| Stellar One Supplemental Report to the First Report Filed December 16, 2019 | PDF · Subscribers | |
| Stellar One First Report to the Court Filed December 13, 2019 | PDF · Subscribers | |
Stellar One Receivership Order Dated Nov 1, 2019
| 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., “Stellar One Holdings Ltd” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/stellar-one-holdings-ltd