Alberta · Receivership (court-appointed)
Second Report of the Receiver dated April 17, 2026
Court officer report · 17 April 2026
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What we verified from this filing3 verified
- report date17 April 2026
- report noSecond Report
- operational summarySince the First Report, the Receiver corresponded extensively with Hausen and Clarke regarding ongoing operations at the Echo Refinery, including processing weekly payment requests; corresponded with critical vendors regarding arrears; prepared and maintained a cash flow forecast; corresponded with Cortland to arrange periodic advances under the Receiver's borrowing certificates; corresponded with ATB Financial regarding deposits and transfers; attended to matters relating to the Sale Process (reviewing marketing materials, preparing an updated financial model, corresponding with Kurt and Cortland, addressing due diligence questions, and reviewing LOIs); corresponded with legal counsel regarding the Sale Process, RVO, and Transaction; corresponded with Cortland regarding the receivership proceedings generally; corresponded with the Canada Revenue Agency regarding an ongoing trust audit of IRRC's accounts; established and maintained the Case Website; and prepared the Second Report.