Alberta · Receivership (court-appointed)
Tenth Report of the Receiver, August 10, 2026
Court officer report · 10 August 2026
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What we verified from this filing10 verified
- cash on handnote: Ending cash balance per Statement of Receipts and Disbursements for the period January 1, 2026 to July 31, 2026. · as at: 2026-07-31 · amount: 2782435 · currency: CAD
- disbursementsnote: Total disbursements for the Reporting Period January 1, 2026 to July 31, 2026. · since: January 1, 2026 · amount: 28820290 · currency: CAD
- operational summaryThe Receiver operated the Medicine Hat Lodge until the closing of its sale (1004 Transaction) in February 2026, and has since focused on transition matters, evaluating the residual Chalmers/777 AB equity interest, pursuing insurance litigation matters, and completing distributions to ATB and creditors.
- professional feesnote: Inclusive of GST; Receiver's legal counsel invoiced $237,970.25 (inclusive of GST) during the same period, including fees incurred prior to the Reporting Period. · party: Receiver · amount: 80416.39 · period: January 1, 2026 to July 31, 2026 · currency: CAD
- purchaserprice: note: Purchase price will be paid in cash upon closing; exact amount redacted/sealed in this report and confidential appendix. · basis: cash · sealed: true · scope: the Camrose Lands · status: proposed · name note: referred to only as 'the Purchaser'; identity redacted/undisclosed in this report · structure: real_property · name source: recital · relationship: unstated · agreement date: 2026-08-04
- receipts cumulativenote: Total receipts for the Reporting Period January 1, 2026 to July 31, 2026. · since: January 1, 2026 · amount: 20194452 · currency: CAD
- report date10 August 2026
- report noTenth Report of the Receiver
- sale advisorAvison Young Commercial Real Estate Services LP
- sale outcometext: Receiver executed Sale Agreement for the Camrose Lands and recommends Court approve the Transaction, subject to Court approval · scope: parcel · status: pending_approval