Proceedings.

The Lenaco Group of Companies (Receivership)

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and section 13(2) of the Judicature Act, R.S.A. 2000, c.J-2
Court
Court of King's Bench of Alberta
File
1701-10545
Industry
Real estate · Residential development
Filings held64
Last activity26 Feb 2021
On the record3,337 days
OverviewSummary updated

The Lenaco Group of Companies has been under court-appointed receivership since August 28, 2017, when the Court of Queen's Bench of Alberta in Bankruptcy and Insolvency appointed PricewaterhouseCoopers Inc. as Receiver on the application of Alberta Treasury Branch, under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act (Alberta). The appointment was made under security granted to ATB, which the Receiver's notice and statement records as owed $2,427,623.00 by 1860808 Alberta Ltd. as at August 28, 2017. The Canada Revenue Agency is listed as a secured party against the same debtor in an amount to be determined, and Fazackerley & Associates LLP is the sole unsecured creditor listed, at $2,625.00. The proceeding, Court File No. 1701-10545, remains active.

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Case updates63 dated entries · 1 undated
#Report

The officer filed report no. First Report. The Company is bankrupt with no estate funds. The Trustee filed eight claims in respect of reviewable transactions and, with creditor approval, supports ATB taking assignment of those claims under s. 38 of the BIA.

Source: Trustee's First Report to Court dated February 16, 2021

#Sale

The court granted an approval and vesting order for the sale to Joginder Sunner and Sawaran Sunner. Closing terms, as extracted: Vesting is effective upon delivery by the Receiver to the Purchaser of a certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction.

Source: Residential Home Sale Approval and Vesting Order

#Report

The officer filed report no. Fifth Report. The Receiver has sold all of the Companies' real properties except the Wedgewood Home, a residential property in south west Edmonton, and seeks court approval of its sale with proceeds going to ATB, the only creditor to benefit.

Source: Receiver’s Fifth Report dated September 3, 2019

#Report

The officer filed report no. Fourth Report. The Receiver has completed sales of the Duplex Inventory, Eaux Claires Project, 116 Avenue Condo and Oliver Property, continues to secure and winterize remaining assets, is marketing the Wedgewood Home, and now seeks approval to sell the Fort McMurray Project and distribute proceeds and released holdbacks to ATB. The companies are not operating.

Source: Receiver’s Fourth Report dated March 19, 2018

#Sale

The court granted an approval and vesting order for the sale to 1715121 Alberta Ltd. Closing terms, as extracted: Vesting takes effect upon delivery of the Receiver's Certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction; net proceeds held in trust and Claims attach to proceeds.

Source: 171 Alberta Sale Approval and Vesting Order dated January 29, 2018

#Sale

The court granted an approval and vesting order for the sale to LeCerf Communities. Closing terms, as extracted: Vesting is effective upon delivery of the Receiver's Certificate to the Purchaser (or its nominee), and net proceeds stand in place of the property. Sealed: The LeCerf PSA is attached as Confidential Appendix 'E' to the Third Receiver's Report; confidential appendices reviewed unfiled.

Source: LeCerf Sale Approval and Vesting Order dated January 29, 2018

#Sale

The court granted an approval and vesting order for the sale to Nelson Lumber Company Ltd. Closing terms, as extracted: Vesting is effective upon delivery of a Receiver's Certificate to the Purchaser; the Purchaser pays the full Purchase Price to the Receiver. Sealed: Confidential Appendices 'C', 'D', 'E', 'F', 'G', 'H', 'J', 'K', '0', and, 'P' to the Third Receiver's Report, unfiled (including the Nelson Lumber PSA at Confidential Appendix 'D').

Source: Nelson Lumber Sale Approval and Vesting Order dated January 29, 2018

#Sale

The court granted an approval and vesting order for the sale to Rocker Masonry Ltd. Closing terms, as extracted: Vesting is effective upon delivery of a Receiver's Certificate to the Purchaser (or its nominee), substantially in the form of Schedule 'A', confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction. Sealed: The Rocker PSA, attached as Confidential Appendix 'H' to the Third Receiver's Report (and other confidential appendices), was reviewed by the Court unfiled.

Source: Rocker Sale Approval and Vesting Order dated January 29, 2018

#Report

The officer filed report no. Third Report. The Receiver is marketing and selling the Companies' real estate projects and properties, keeping partially completed structures secured and winterized, and seeking Court approval of four sales and interim distributions to ATB. The restaurant operation (Vivo Downtown) has ceased and its premises were vacated.

Source: Receiver’s Third Report dated January 22, 2018

#Report

The officer filed report no. Second Report. Operations have ceased and employees were terminated; the Receiver closed the Vivo Downtown restaurant a week after appointment, is completing a few duplexes for sale, and is running a marketing and sales process for the remaining real estate projects and the Head Office.

Source: Receiver’s Second Report dated October 30, 2017

#Sale

The court granted an approval and vesting order for the sale to Rahall Mechanical Inc. Closing terms, as extracted: Vesting is effective upon delivery of a Receiver's certificate to the Purchaser (or its nominee). Sealed: The PSA is attached to the First Receiver's Report as a confidential appendix.

Source: Carlton Sale Approval and Vesting Order dated October 6, 2017

#Report

The officer filed report no. First Report. The Receiver, appointed August 28, 2017 over the Lenaco companies, is seeking approval of an expedited 'as-is' sale of the partially constructed Carlton Property (residential lot in northwest Edmonton) to Rahall Mechanical Inc. and a sealing order for the confidential appendices; construction will not be completed and other Lenaco projects are still being evaluated.

Source: Receiver’s First Report dated October 3, 2017

#Order

Order appointing PricewaterhouseCoopers Inc. as Receiver on Alberta Treasury Branch's application; the Receiver took possession the same day, commencing the proceeding under Court File No. 1701-10545.

Source: Receivership Order Dated August 28, 2017

Undated filings1 — no date appears on the document · show
—
Filing

https://webex.com/downloads — Application filed

Parties

Debtor

The Lenaco Group of Companies (Receivership)

Receiver

PwC

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CampbellCourt of King's Bench of Alberta9 orders, Oct 2017 – Jan 201838 cases on record
Justice RomaineCourt of King's Bench of Alberta4 orders, Aug 2017 – Oct 201786 cases on record
Justice ShelleyCourt of King's Bench of Alberta2 orders, Feb 202118 cases on record
Justice HornerCourt of King's Bench of Alberta2 orders, Sep 201974 cases on record
Justice RookeCourt of King's Bench of Alberta2 orders, Mar 20187 cases on record
Justice JonesCourt of King's Bench of Alberta2 orders, Nov 201786 cases on record

Counsel of record

PartyCounselFirst seenSource
DebtorThe Lenaco Group of Companies (Receivership)McLennan Ross LLP28 Aug 2017Order · 28 Aug 2017
CreditorPricewaterhouseCoopera IncMcCarthy Tétrault LLP28 Aug 2017Order · 28 Aug 2017
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 964 casesListed as a secured party with amount 'To be determined'; amount not stated. — debtor: 1860808 Alberta Ltd.—Notice and Statement of Receiver - 1860808 Alberta Ltd.
4Secured
8Unsecured

2 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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“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

12 transactions · 5 approved · 4 closed · 3 proposed — Court approved the sale of the Wedgewood Home under the Residential Purchase Contract and vesting in the Purchaser upon delivery of the Receiver's Certificate.Residential Home Sale Approval and Vesting Order · 12 Sep 2019

Parties solicited

500

Receiver’s Fourth Report dated March 19, 2018

Bid deadline (round closed)

15 December 2017

Marketing and Sales Process Order dated November 10,…

PurchaserPriceStatusSource
Rahall Mechanical Inc.all of the Seller's right, title, and interest in and to the property and assets described in the PSA (the "Carlton Property"), being 13547 – 158 Ave NW, Edmonton · real property · nominee/assignee: its nominee (unnamed) · agreement 3 Oct 2017SubscribersApproved6 Oct 2017Carlton Sale Approval and Vesting Order dated…
BGILenaco's head office owned by 1860808 Alberta Ltd. (the Head Office) · real propertySubscribersProposedReceiver’s Second Report dated October 30, 2017
Batchelor Group Inc.the Property described in the Sale Agreement: the Debtor's right, title and interest in the lands at 15231 – 118 Avenue, Edmonton, Alberta (Plan RN51A (LIA) Block 15 Lot 2) · real property · nominee/assignee: its nominee · agreement 25 Oct 2017SubscribersClosed28 Nov 2017Receiver’s Third Report dated January 22, 2018
Sorrentino's Restaurant Groupliquor inventory, furniture and glassware, and the moveable restaurant equipment of Vivo Downtown · asset saleSubscribersApprovedReceiver’s Third Report dated January 22, 2018
1715121 Alberta Ltd.190 Alberta's right, title and interest in the property and assets described in the 171 PSA (the Oliver Property), including the lands at 10329-116 Street Edmonton, Alberta · real property · nominee/assignee: its nominee (unnamed) · agreement 22 Dec 2017SubscribersApproved29 Jan 2018171 Alberta Sale Approval and Vesting Order…
LeCerf CommunitiesLHMI's right, title and interest in the property and assets described in the LeCerf PSA (the Eaux Claires Project), including the Lands · asset sale · nominee/assignee: its nominee (unnamed) · agreement 12 Jan 2018SubscribersClosed8 Mar 2018Receiver’s Fourth Report dated March 19, 2018
Nelson Lumber Company Ltd.the Seller's right, title, and interest in and to the property and assets described in the Nelson Lumber PSA (collectively, the 'Duplex Inventory') · asset sale · nominee/assignee: its nominee · agreement 17 Jan 2018SubscribersClosed1 Feb 2018Receiver’s Fourth Report dated March 19, 2018
Rocker Masonry Ltd.LHMI's right, title and interest in the property and assets described in the Rocker PSA (the '116 Avenue Condo'), being #10, 15847 - 116 Avenue NW, Edmonton, Alberta · real property · nominee/assignee: its nominee (unnamed) · agreement 15 Jan 2018SubscribersClosed12 Feb 2018Receiver’s Fourth Report dated March 19, 2018
210the Fort McMurray Project: 24 apartments and certain commercial space located in downtown Fort McMurray, Alberta · real propertySubscribersProposedReceiver’s Fourth Report dated March 19, 2018
2103194 Alberta Ltd.the Seller's right, title, and interest in and to the Property (as defined in the 210 Alberta PSA), including the lands at 10008 Fraser Avenue, Fort McMurray, Alberta · real property · nominee/assignee: its nominee (unnamed) · agreement 13 Mar 2018SubscribersApproved28 Mar 2018210 Alberta Sale Approval and Vesting Order…
Mr. Joginder Sunner and Ms. Sawaran Sunnerall the Companies' interest in the Wedgewood Home · real property · agreement 20 Aug 2019SubscribersProposedReceiver’s Fifth Report dated September 3, 2019
Joginder Sunner and Sawaran Sunnerthe Wedgewood Home, 22 Wedgewood Crescent, Edmonton, Alberta · real property · nominee/assignee: its nominee · agreement 9 Aug 2019SubscribersApproved12 Sep 2019Residential Home Sale Approval and Vesting Order
AdvisorsColliers (listing broker)Receiver’s Fourth Report dated March 19, 2018
Closing termsVesting is effective upon delivery by the Receiver to the Purchaser of a certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction.Residential Home Sale Approval and Vesting Order
Sealed materialsThe PSA is attached to the First Receiver's Report as a confidential appendix.; The LeCerf PSA is attached as Confidential Appendix 'E' to the Third Receiver's Report; confidential appendices reviewed unfiled; Confidential Appendices 'C', 'D', 'E', 'F', 'G', 'H', 'J', 'K', '0', and, 'P' to the Third Receiver's Report, unfiled (including the Nelson Lumber PSA at Confidential Appendix 'D'); The Rocker PSA, attached as Confidential Appendix 'H' to the Third Receiver's Report (and other confidential appendices), was reviewed by the Court unfiled.Carlton Sale Approval and Vesting Order dated October 6, 2017
RecoveriesAs stated in the filings

Unsecured creditors: no distribution. ATB short.EstimatedTrustee's First Report to Court · 16 Feb 2021

ClassCreditorClaimsRecoveryBasisSource
SecuredATB—shortfallEstimatedper the trusteeTrustee's First Report to Court · 16 Feb 2021
UnsecuredCompany's unsecured creditors—no distributionEstimatedper the trusteeTrustee's First Report to Court · 16 Feb 2021

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.

Estate financialsReported figures — never derived

Cumulative receipts

$11.1M

As at 19 Mar 2018Receiver’s Fourth Report dated March 19, 2018

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

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Documents
64 filings
DateDocumentFile
Approval of ATB's application dated February 26, 2021
  • Presiding officer Justice Shelley
PDF · Subscribers
Filed Order (Approval of Fees and Trustee’s Actions) dated February 26, 2021
  • Presiding officer Justice D. L. Shelley
PDF · Subscribers
Application for Assignment of ClaimPDF · Subscribers
Trustee's First Report to Court dated February 16, 2021
  • Operational summary The Company is bankrupt with no estate funds. The Trustee filed eight claims in respect of reviewable transactions and, with creditor approval, supports ATB taking assignment of those claims under s. 38 of the BIA.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Notice to Creditors of Meeting
PDF · Subscribers
Approval of Receiver’s Actions and Sealing Order
  • Presiding officer Justice K.M. Horner
PDF · Subscribers
Residential Home Sale Approval and Vesting Order
  • Closing terms Vesting is effective upon delivery by the Receiver to the Purchaser of a certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction.
  • Order date 12 September 2019
  • Presiding officer Justice K.M. Horner
  • Purchaser Joginder Sunner and Sawaran Sunner · nominee/assignee its nominee · the Wedgewood Home, 22 Wedgewood Crescent, Edmonton, Alberta · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Receiver’s Fifth Report dated September 3, 2019
  • Operational summary The Receiver has sold all of the Companies' real properties except the Wedgewood Home, a residential property in south west Edmonton, and seeks court approval of its sale with proceeds going to ATB, the only creditor to benefit.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
210 Alberta Sale Approval and Vesting Order dated March 28, 2018
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate to the Purchaser (or its nominee).
  • Order date 28 March 2018
  • Presiding officer Justice J.D. Rooke
  • Purchaser 2103194 Alberta Ltd. · nominee/assignee its nominee (unnamed) · the Seller's right, title, and interest in and to the Property (as defined in the 210 Alberta PSA), including the lands at 10008 Fraser Avenue, Fort McMurray, Alberta · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Approval of Receiver’s Actions, Interim Distribution, and Sealing Order dated March 28, 2018
  • Presiding officer Justice J.D. Rooke
PDF · Subscribers
Application for Approval of 210 Alberta PSA, Vesting Provisions, Distributions to Creditors and Sealing Confidential Appendices dated March 19, 2018PDF · Subscribers
Receiver’s Fourth Report dated March 19, 2018
  • Closing confirmed Closed · 1 Feb 2018 · Nelson Lumber Company Ltd; Closed · 8 Mar 2018 · LeCerf Communities; Closed · 12 Feb 2018 · Rocker Masonry Ltd.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 11 more extracted facts
PDF · Subscribers
171 Alberta Sale Approval and Vesting Order dated January 29, 2018
  • Closing terms Vesting takes effect upon delivery of the Receiver's Certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction; net proceeds held in trust and Claims attach to proceeds.
  • Order date 29 January 2018
  • Presiding officer Justice G.A. Campbell
  • Purchaser 1715121 Alberta Ltd. · nominee/assignee its nominee (unnamed) · 190 Alberta's right, title and interest in the property and assets described in the 171 PSA (the Oliver Property), including the lands at 10329-116 Street Edmonton, Alberta · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Approval of Receiver’s Actions, Interim Distribution, and Sealing Order dated January 29, 2018
  • Presiding officer Justice G.A. Campbell
PDF · Subscribers
LeCerf Sale Approval and Vesting Order dated January 29, 2018
  • Closing terms Vesting is effective upon delivery of the Receiver's Certificate to the Purchaser (or its nominee), and net proceeds stand in place of the property
  • Order date 29 January 2018
  • Presiding officer Justice G.A. Campbell
  • Purchaser LeCerf Communities · nominee/assignee its nominee (unnamed) · LHMI's right, title and interest in the property and assets described in the LeCerf PSA (the Eaux Claires Project), including the Lands · asset sale · approved
  • + 3 more extracted facts
PDF · Subscribers
Nelson Lumber Sale Approval and Vesting Order dated January 29, 2018
  • Closing terms Vesting is effective upon delivery of a Receiver's Certificate to the Purchaser; the Purchaser pays the full Purchase Price to the Receiver
  • Order date 29 January 2018
  • Presiding officer Justice G.A. Campbell
  • Purchaser Nelson Lumber Company Ltd. · nominee/assignee its nominee · the Seller's right, title, and interest in and to the property and assets described in the Nelson Lumber PSA (collectively, the 'Duplex Inventory') · real property · approved
  • + 3 more extracted facts
PDF · Subscribers
Rocker Sale Approval and Vesting Order dated January 29, 2018
  • Closing terms Vesting is effective upon delivery of a Receiver's Certificate to the Purchaser (or its nominee), substantially in the form of Schedule 'A', confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction.
  • Order date 29 January 2018
  • Presiding officer Justice G.A. Campbell
  • Purchaser Rocker Masonry Ltd. · nominee/assignee its nominee (unnamed) · LHMI's right, title and interest in the property and assets described in the Rocker PSA (the '116 Avenue Condo'), being #10, 15847 - 116 Avenue NW, Edmonton, Alberta · real property · approved
  • + 3 more extracted facts
PDF · Subscribers
Application for Approval of Receiver’s Actions, Interim Distribution and Sealing Order, Nelson Lumber Sale Approval and Vesting Order, LeCerf Sale Approval and Vesting Order, Rocker Sale Approval and Vesting Order and 171 Alberta Sale Approval and Vesting Order dated January 22, 2018
  • Presiding officer Justice G.A. Campbell
  • Stalking horse Subscribers
PDF · Subscribers
Receiver’s Third Report dated January 22, 2018
  • Closing confirmed Closed · 28 Nov 2017 · The Batchelor Group Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Head Office Vesting Order dated November 10, 2017
  • Closing terms Vesting of the Property in the Purchaser takes effect upon delivery by the Receiver to the Purchaser of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Order date 10 November 2017
  • Presiding officer Justice C.M. Jones
  • Purchaser Batchelor Group Inc. · nominee/assignee its nominee · the Property described in the Sale Agreement: the Debtor's right, title and interest in the lands at 15231 – 118 Avenue, Edmonton, Alberta (Plan RN51A (LIA) Block 15 Lot 2) · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Marketing and Sales Process Order dated November 10, 2017
  • Bid deadline 15 December 2017
  • Order date 10 November 2017
  • Sale outcome Sale process approved — The Court approved the Marketing and Sales Process for the Real Estate Projects Under Construction, substantially in the form attached as Schedule A.
  • Stalking horse Subscribers
PDF · Subscribers
Service, Sealing and Conduct Approval Order dated November 10, 2017
  • Presiding officer Justice C.M. Jones
PDF · Subscribers
Sales Teaser – Real Estate Projects Under Construction
  • Bid deadline 15 December 2017
  • Sale outcome Sale process approved — The Receiver is soliciting offers for the Lenaco Group's partially completed real estate projects (Eaux Claires, Edgewood, Southfort, Fort McMurray), with offers due December 15, 2017 and court approval required for any successful bid.
PDF · Subscribers
Application for Service, Sealing and Conduct Approval, Vesting of Head Office and Marketing and Sales Process dated October 30, 2017PDF · Subscribers
Receiver’s Second Report dated October 30, 2017
  • Operational summary Operations have ceased and employees were terminated; the Receiver closed the Vivo Downtown restaurant a week after appointment, is completing a few duplexes for sale, and is running a marketing and sales process for the remaining real estate projects and the Head Office.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Carlton Sale Approval and Vesting Order dated October 6, 2017
  • Closing terms Vesting is effective upon delivery of a Receiver's certificate to the Purchaser (or its nominee).
  • Order date 6 October 2017
  • Presiding officer Justice G.A. Campbell
  • Purchaser Rahall Mechanical Inc. · nominee/assignee its nominee (unnamed) · all of the Seller's right, title, and interest in and to the property and assets described in the PSA (the "Carlton Property"), being 13547 – 158 Ave NW, Edmonton · real property · approved
  • + 3 more extracted facts
PDF · Subscribers
Sealing Order dated October 6, 2017
  • Presiding officer Justice G.A. Campbell
PDF · Subscribers
Application for an Order Approving Sale of Carlton Property dated October 4, 2017
  • Presiding officer Justice G.A. Campbell
  • Stalking horse Subscribers
PDF · Subscribers
Receiver’s First Report dated October 3, 2017
  • Operational summary The Receiver, appointed August 28, 2017 over the Lenaco companies, is seeking approval of an expedited 'as-is' sale of the partially constructed Carlton Property (residential lot in northwest Edmonton) to Rahall Mechanical Inc. and a sealing order for the confidential appendices; construction will not be completed and other Lenaco projects are still being evaluated.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Trustee’s Preliminary Report - 1847443 Alberta Ltd.
PDF · Subscribers
Trustee’s Preliminary Report - 1860808 Alberta Ltd.
PDF · Subscribers
Trustee’s Preliminary Report - 1901902 Alberta Ltd.
PDF · Subscribers
Trustee’s Preliminary Report - 1909479 Alberta Ltd.
PDF · Subscribers
Trustee’s Preliminary Report - Angelo's Building Supplies 2015 Inc.
  • Recovery outcome Entries: per unstated · Stated on: 2017-09-18 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Trustee’s Preliminary Report - Lenaco Homes Masterbuilder Inc.
  • Recovery outcome Entries: per estimated · Stated on: 2017-09-18 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Trustee’s Preliminary Report - Lenaco Properties Inc.PDF · Subscribers
Trustee’s Preliminary Report – Conte Holdings Inc.
PDF · Subscribers
Trustee’s Preliminary Report – I&G Holdings Ltd.
  • Operational summary I&G is a holding company whose only believed asset is its shares in a bankrupt, receivership-stage company; the trustee has secured its assets and records and expects no realizable assets for creditors.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Notice and Statement of Receiver - 1847443 Alberta Ltd.PDF · Subscribers
Notice and Statement of Receiver - 1860808 Alberta Ltd.
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice and Statement of Receiver - 1909479 Alberta Ltd.PDF · Subscribers
Notice and Statement of Receiver - Lenaco Homes Masterbuilder Inc.PDF · Subscribers
Notice and Statement of Receiver - Lenaco Properties Inc.PDF · Subscribers
Lenaco Homes Masterbuilder Inc. - Proof of Claim formPDF · Subscribers
Notice of bankruptcy and first meeting of creditors - Angelo's Building Supplies 2015 Inc., Statement of Affairs Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors - Conte Holdings Inc., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors- 1847443 Alberta Ltd., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors- 1860808 Alberta Ltd., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors- 1901902 Alberta Ltd., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors- 1909479 Alberta Ltd., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Notice of bankruptcy and first meeting of creditors- Lenaco Properties Inc., Statement of Affairs, Proof of Claim and ProxyPDF · Subscribers
Bankruptcy Order Lifting Stay dated August 28, 2017
  • Applicant Alberta Treasury Branches ("ATB")
  • Counsel McLennan Ross LLP
  • Court COURT OF QUEEN'S BENCH OF ALBERTA IN BANKRUPTCY AND INSOLVENCY
  • Court file no 24-2280211, 24-2280201, 24-2280187, 24-2280214, 24-2280197, 24-2280195, 24-2280203, 24-2280206, and 24-2280215
  • + 2 more extracted facts
PDF · Subscribers
Bankruptcy Order Substituting Trustee dated August 28, 2017
  • Applicant Alberta Treasury Branches ("ATB")
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role trustee
  • Counsel McCarthy Tétrault LLP
  • + 3 more extracted facts
PDF · Subscribers
Homeowner Information and FAQsPDF · Subscribers
Receivership Order Dated August 28, 2017
  • Applicant Alberta Treasury Branch
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Receiver
  • Commencement date 28 August 2017
  • + 5 more extracted facts
PDF · Subscribers
Affidavit of Alex Corbett No. 3 dated August 17, 2017PDF · Subscribers
Affidavit of Alex Corbett No. 1 (Volume I of III) dated August 9, 2017PDF · Subscribers
Affidavit of Alex Corbett No. 1 (Volume II of III) dated August 9, 2017PDF · Subscribers
Affidavit of Alex Corbett No. 1 (Volume III of III) dated August 9, 2017PDF · Subscribers
Affidavit of Alex Corbett No. 2 dated August 9, 2017PDF · Subscribers
Application for Partial Summary Judgment dated August 9, 2017PDF · Subscribers
Application to Appoint Receiver dated August 9, 2017PDF · Subscribers
Statement of Claim filed August 9, 2017PDF · Subscribers
https://webex.com/downloadsTrustee site

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “The Lenaco Group of Companies (Receivership)” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 16 October 2026, https://proceedings.ca/case/the-lenaco-group-of-companies

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Sources last checked · summary updated 1 October 2026 · Report a correction · Printed from proceedings.ca/case/the-lenaco-group-of-companies

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.