Alberta · Receivership (court-appointed)
Receiver's First Report to the Court dated October 2, 2018
Court officer report · 2 October 2018
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What we verified from this filing2 verified
- secured creditorsnote: Approximate figure as stated in report ('owed approximately $22.3 million'); relates to related Crossline receivership proceeding, not Capital Jeep/AutoCanada Action directly · page: 5 · amount: 22300000 · debtor: Crossline (1978956 Alberta Ltd., 1406386 Alberta Ltd., 1599068 Alberta Ltd., Crossline Consulting Ltd., Crossline Truck & Auto Sales Ltd.) · creditor: ATB Financial · currency: CAD · security: Serial number registrations at the Alberta Personal Property Registry against various Crossline vehicles; comprised of amounts due on an operating line facility and three term loan facilities
- secured creditorsnote: Receiver's charge/priority lien, not a third-party secured claim · page: 13 · amount: 250000 · debtor: Vehicles (or proceeds therefrom) in the AutoCanada Action · creditor: PwC (Receiver) and its legal counsel (Miller Thomson LLP) · currency: CAD · security: Court-ordered charge under paragraph 13 of the Receivership Order, limited to $250,000, as security for Receiver's and counsel's fees and disbursements