Westmount Group of Companies is the subject of bankruptcy proceedings under the Bankruptcy and Insolvency Act before the Court of King's Bench of Alberta in Bankruptcy and Insolvency, under court file number 2301-04941. The proceedings commenced on June 17, 2026, the same day the Court pronounced an interim order. The matter remains active, and the record to date consists of that single order.
The court granted an approval and vesting order for the sale to Papelen Consumer Products Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Closing Certificate to the Purchaser. Sealed: Confidential Supplement to the Third Report containing unredacted Sale Agreement.
Source: Sale Approval and Vesting Order - 2218923 Alberta Ltd.
Interim order pronounced by the Court of King's Bench of Alberta in Bankruptcy and Insolvency on June 17, 2026, commencing the proceedings under file 2301-04941.
Source: Order For Activity and Fee Approval, Approval of Distribution and Discharge - 2218923 Alberta Ltd.
38 earlier updates, back to 15 May 2023 — subscribers.
Debtor
Westmount Group of Companies
Receiver
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Yamauchi | Court of King's Bench of Alberta | 5 orders, Aug 2023 | 28 cases on record |
| Justice Lema | Court of King's Bench of Alberta | 3 orders, Aug 2023 – Apr 2024 | 13 cases on record |
| Justice Sidnell | Court of King's Bench of Alberta | 2 orders, Jul 2023 – Aug 2023 | 14 cases on record |
| Justice Lema | Court of King's Bench of Alberta | 2 orders, May 2023 | 26 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDeloitte | Dentons Canada LLP | 10 May 2023 | Service list · 10 May 2023 |
| CreditorBank of Montreal | MLT Aikins LLP | 10 May 2023 | Service list · 10 May 2023 |
| CreditorGordan D | Gordan D. Anderson Wolff Leia | 10 May 2023 | Service list · 10 May 2023 |
| CreditorQuadrum Mortgage Corp | WBA Law LLP | 10 May 2023 | Service list · 10 May 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal (BMO) · in 279 casesas of Date of Receivership (May 15, 2023) — Security over all present and after-acquired personal property of 197; registered security against the 197 Property (1496 Brier Park, Medicine Hat) — Described as 'approximately $7.1 million'; primary secured lender of 197 — debtor: 1975847 Alberta Ltd. | $7.1M | First Report of the Receiver - 1975847 Alberta Ltd. |
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.
4 transactions · 3 approved · 1 proposed — The Transaction is approved and vesting authorizedSale Approval and Vesting Order - 2218923 Alberta Ltd. · 17 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Harmani Calgary Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 6 Nov 2023 | Subscribers | Approved22 Nov 2023 | Order - Approving Sale and Vesting Title -… |
| Mainstreet Equity Corp.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 13 Nov 2023 | Sealed | Approved22 Nov 2023 | Order - Approving Sale and Vesting Title -… |
| 2785373 Alberta Inc.all of the Vendor's right, title and interest in and to the Purchased Assets · asset sale · nominee/assignee: Papelen Consumer Products Inc. · agreement 6 Feb 2026 | not stated | Proposed | Supplemental Report to the Third Report of the… |
| Papelen Consumer Products Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 6 Feb 2026 | Subscribers | Approved17 Jun 2026outside 19 Oct 2023 | Sale Approval and Vesting Order - 2218923… |
Unsecured creditors: not yet estimated. BMO a distribution · Horizon short.Trustee's Preliminary Report · 27 Nov 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | BMO | — | a distribution | Estimatedper the receiver | Fourth and Final Report of the Receiver - Westmount Projects Inc. · 15 Apr 2024 |
| Secured | Horizon | — | shortfall | Estimatedper the receiver | Fourth and Final Report of the Receiver - Westmount Projects Inc. · 15 Apr 2024 |
| Unsecured | — | — | not yet estimated | per the trustee | Trustee's Preliminary Report · 27 Nov 2023 |
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.
2 engagements · 2 firms — latest: Deloitte Restructuring Inc., 15 May 2023 – 12 Apr 2024Fourth and Final Report of the Receiver - Westmount Projects Inc. · 15 Apr 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Deloitte Restructuring Inc.Receiver | 15 May 2023 – 12 Apr 2024 | — | ••• | not stated | Fourth and Final Report of the Receiver - Westmount Projects Inc. · 15 Apr 2024 |
| Dentons Canada LLPCounsel to the receiver | from 25 Jun 2023Sought | — | ••• | not stated | Fourth and Final Report of the Receiver - Westmount Projects Inc. · 15 Apr 2024 |
| Date | Document | File |
|---|---|---|
Order For Activity and Fee Approval, Approval of Distribution and Discharge - 2218923 Alberta Ltd.
| PDF · Subscribers | |
Sale Approval and Vesting Order - 2218923 Alberta Ltd.
| PDF · Subscribers | |
| Sealing Order - Confidential Supplement to the Third Report of the Court-Appointed Receiver of 2218923 Alberta Ltd. | PDF · Subscribers | |
Supplemental Report to the Third Report of the Court-Appointed Receiver of 2218923 Alberta Ltd.
| PDF · Subscribers | |
| Service Letter to Service List | PDF · Subscribers | |
| Receiver's Completion Certificate - Westmount Projects Inc. | PDF · Subscribers | |
| Application - returnable April 23, 2024 | PDF · Subscribers | |
Order- For Activity and Fee Approval, Approval of Distribution and Discharge
| PDF · Subscribers | |
Fourth and Final Report of the Receiver - Westmount Projects Inc.
| PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
| Application - returnable November 22, 2023 | PDF · Subscribers | |
Order - Approving Sale and Vesting Title - Harmani Calgary Inc.
| PDF · Subscribers | |
Order - Approving Sale and Vesting Title - Mainstreet Equity Corp.
| PDF · Subscribers | |
Restricted Access Order - Confidential Supplement to Third Report of Receiver Regarding Westmount Projects Inc.
| PDF · Subscribers | |
Third Report of the Receiver - Westmount Projects Inc.
| PDF · Subscribers | |
| Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
Reasons for Decision of the Honourable Justice Colin C.J. Feasby
| PDF · Subscribers | |
Order - Anderson Applications
| PDF · Subscribers | |
Order - 2218923 Alberta Ltd. and 1975847 Alberta Ltd. - Approval and Restricted Court Access
| PDF · Subscribers | |
Order - Calgary Property
| PDF · Subscribers | |
Order - Medicine Hat Property
| PDF · Subscribers | |
Order - Westmount Projects Inc. - Approval and Restricted Court Access
| PDF · Subscribers | |
| Written Submissions of Deloitte Restructuring Inc. - returnable August 4, 2023 | PDF · Subscribers | |
Supplement to the Second Report of the Receiver - 1975847 Alberta Ltd.
| PDF · Subscribers | |
Supplement to the Second Report of the Receiver - 2218923 Alberta Ltd.
| PDF · Subscribers | |
Supplement to the Second Report of the Receiver - Westmount Projects Inc.
| PDF · Subscribers | |
| Application (re Sales Process) - returnable July 21, 2023 | PDF · Subscribers | |
Order
| PDF · Subscribers | |
| Second Report of the Receiver - 1975847 Alberta Ltd. | PDF · Subscribers | |
| Second Report of the Receiver - 2218923 Alberta Ltd. | PDF · Subscribers | |
| Second Report of the Receiver - Westmount Projects Inc. | PDF · Subscribers | |
Application (re Compliance) - returnable July 5, 2023
| PDF · Subscribers | |
First Report of the Receiver - 1975847 Alberta Ltd.
| PDF · Subscribers | |
| First Report of the Receiver - 2218923 Alberta Ltd. | PDF · Subscribers | |
First Report of the Receiver - Westmount Projects Inc.
| PDF · Subscribers | |
| Service Letter | PDF · Subscribers | |
| Notice and Statement of the Receiver - Westmount Projects Inc. | PDF · Subscribers | |
Receivership Order - 2218923 Alberta Ltd.
| PDF · Subscribers | |
Receivership Order - Westmount Projects Inc.
| PDF · Subscribers | |
Service Letter - May 10,2023
| 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., “Westmount Group of Companies” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/westmount-group-of-companies
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/westmount-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.