Alberta · Receivership (court-appointed)
First Supplement to the Receiver's Fifth Report
Court officer report · 27 July 2026
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What we verified from this filing4 verified
- closing confirmedscope: the Real Property · outcome: completed · effective: 2026-06-29 · date basis: stated
- purchaserSFI
- recovery outcomeentries: basis: estimated · quote: The Receiver is proposing payment of the BDC Real Property Proceeds Distribution in the amount of $10,197,985, which includes $237,000 of the $300,000 of the Receiver's Borrowings related to LSH operating expenses that were previously paid by the proceeds from the sale of BDC Equipment to BDC, accrued interest and per diem interest from July 23, 2026 to July 28, 2026, as the expected date of distribution and costs, obtained from the closing of the SFI Transaction. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 10197985 · amount high: 10197985 · class label: BDC · claims amount: 13954808 · creditor name: BDC · interim final: unstated · conditional on: court approval of the BDC Real Property Proceeds Distribution · claims qualifier: unstated; basis: estimated · quote: The Receiver is proposing to provide payment of the CIBC Distribution in the amount of $6,706,591. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 6706591 · amount high: 6706591 · class label: CIBC · creditor name: CIBC · interim final: unstated · conditional on: court approval of the CIBC Distribution · claims qualifier: unstated · stated on: 2026-07-24 · table missing:
- sale outcometext: the SFI Transaction closed on June 29, 2026; the Receiver received net proceeds and is proposing distributions to BDC and CIBC · scope: parcel · status: closed