Alberta · Receivership (court-appointed)
Notice and Statement of Receiver
Notice to creditors · 21 September 2012
A plain-language read of this filing opens with a subscription.
What we verified from this filing18 verified
- appointeeMNP Ltd.
- appointee roleReceiver
- commencement date12 September 2012
- financial positionnote: Asset total is land & building, equipment, and inventory as per 2011 accountant-prepared financials, labelled 'Total (approximation)'; total secured liabilities also unknown/approximate per receiver · page: 1 · as at: 2011-12-31 · basis: Values as stated in the Company's 2011 accountant prepared financial statements; described as an approximation · scope: Pheasantback Golf & Country Club Ltd. and Rise Resources Corp. (golf course assets only, receivership scope) · currency: CAD · total assets: 2028988
- secured creditorsnote: Municipal taxes · page: 1 · as of: September 12, 2012 · amount: 24231.25 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: County of Stettler · currency: CAD · security: Secured interest in property described
- secured creditorsnote: Amount unknown as stated · page: 1 · as of: September 12, 2012 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: Kubota Canada Ltd. · currency: CAD · security: Secured interest in property described
- secured creditorsnote: Amount unknown as stated · page: 1 · as of: September 12, 2012 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: Golf Lease Inc. · currency: CAD · security: Secured interest in property described
- secured creditorsnote: Amount unknown as stated · page: 1 · as of: September 12, 2012 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: Canadian Western Bank ("CWB") · currency: CAD · security: First secured interest in the Company's other assets not included in the receivership proceedings (per agreement with RBC)
- secured creditorsnote: Approximation provided by directors of the Company; deemed trust class · page: 1 · as of: September 12, 2012 · amount: 17000 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: Canada Revenue Agency ("CRA") · currency: CAD · security: Secured interest in property described
- secured creditorsnote: Dollar value does not include accrued interest and costs · page: 1 · as of: September 12, 2012 · amount: 1462216.58 · debtor: Pheasantback Golf & Country Club Ltd. / Rise Resources Corp. · creditor: Royal Bank of Canada · currency: CAD · security: First secured interest in the golf course assets (per agreement with CWB)
- statutory basisSubsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 1 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Telus · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 1 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Alberta Energy · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 2555.4 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Pratts Food Service Alberta · currency: CAD
- unsecured creditorsnote: Individual creditor named · page: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 1688.47 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Jamie Devnich · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 1 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Telus Mobility · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 104.7 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: Wet Water Industries · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of creditors as reported by Receiver (Exhibit A) · amount: 332.98 · debtor: Pheasantback Golf & Country Club Ltd. · creditor: AltaGas Utilities · currency: CAD