Visionary Motorsports Ltd.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 1403 18264
Visionary Motorsports Ltd. has been the subject of a court-appointed receivership in Alberta since December 19, 2014, brought under section 243 of the Bankruptcy and Insolvency Act together with the provincial Judicature Act jurisdiction ordinarily invoked alongside it. The proceeding carries court file number 1403 18264 in Alberta's superior court, styled the Court of Queen's Bench of Alberta when the file was opened and now the Court of King's Bench of Alberta. The receivership is closed.
Receivership order granted, commencing the court-appointed receivership of Visionary Motorsports Ltd. in the Alberta court under file 1403 18264.
Source: Receivership Order
Debtor
Visionary Motorsports Ltd.
Receiver
Deloitte
Unsecured creditors: no distribution.FinalSecond and final report of the receiver · 28 Feb 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | priority claims (Receiver's Charge, Payroll Deemed Trust Claim, GST Deemed Trust Claim and WEPPA Trust Claim) | — | no distributionconditional | Estimatedper the receiver | First report of the receiver · 20 Feb 2015 |
| Unsecured | trade creditors | $358Klisted | no distribution | Finalper the receiver | Second and final report of the receiver · 28 Feb 2017 |
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 |
|---|---|---|
Records Court order dated Feb 5, 2019
| ||
| Completion Certificate dated Aug 3, 2017 | ||
Discharge Order
| ||
Second and final report of the receiver dated Feb 28, 2017
| ||
First report Court order dated Feb 24, 2015
| ||
First report of the receiver dated Feb 20, 2015
| ||
Receivership Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Visionary Motorsports Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/visionary-motorsports-ltd