Alberta · Receivership (court-appointed)
Notice and Statement of Receiver (245/246) - Weslease Income Growth Fund Limited Partnership
Notice to creditors · 2 August 2018
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing40 verified
- financial positionnote: Total assets figure is stated total of Cash ($50,000) and Gross Leases Receivable ($39,960,000); no total liabilities figure stated for the entity as a whole · page: 1 · as at: 2018-07-26 · basis: Approximate Book Value as stated in receiver's statement · scope: Weslease Income Growth Fund Limited Partnership (Cash and Gross Leases Receivable only) · currency: CAD · total assets: 40010000
- secured creditorsnote: Amount stated as 'To be determined'; deemed trust class · page: 2 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Related party (name matches debtor entity/fund itself); listed as secured party in receiver's statement · page: 2 · amount: 73551086.92 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Weslease Income Growth Fund · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 2770 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Amano Pioneer Eclipse Corporation · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 4693.5 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Arctic Crane Service Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 2500 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Arnold, Robert · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 1286.58 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Bell Mobility · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 1357 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Blackburn Law · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 3930.4 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Brown Pruitt Wambsganss et al · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 21000 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: CGC Capital Corp. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 86625 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Collins Barrow Calgary LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 75551.69 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: DLA Piper (Canada) LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 7417.5 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Donald Rigging · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 10619.18 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Drake Contracting Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 80159.96 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Encore Trucking & Transport Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 5000 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Exquisite Energy Service · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 155448.78 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Go Fund Capital Partners · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 49756.25 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Gold Weems Bruser et al · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 19940.43 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Grant Thornton LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 5680.35 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Industrial Alliance Ins & Fin'l Svc · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 2692.28 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Kagan Shastri LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 7313.01 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Lease Team · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 24780 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Mammoet Canada Western Ltd. · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 285000 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: McLennan, Neil · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 1564.5 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Media Masters · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 10000 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Moisey, Bruce · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 6300 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: No. 13 Consulting Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 6366.64 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Northland Logistics · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 35683.97 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Ogilvie LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 7650 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: PassioSoft Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 742686.95 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Pinnacle Wealth Brokers Inc. · currency: CAD
- unsecured creditorsnote: Provincial tax authority · page: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 2710.09 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Province of Manitoba PST · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 6058.82 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Receiver General GST · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 8395.78 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Sharek Logan & van Leenen LLP · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 495.75 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Sokalski, Brian · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 3990 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Total Oilfield Rentals Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 8641.1 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: United Rentals · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 38472.89 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Wesclean · currency: CAD
- unsecured creditorsnote: Related party - sole limited partner of Weslease LP · page: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 1356861.25 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: Weslease of Canada Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2018-07-26 · basis: Unsecured Creditor Listing as of July 26, 2018 · amount: 4845.75 · debtor: Weslease Income Growth Fund Limited Partnership · creditor: 1137414 Alberta Ltd. · currency: CAD