Alberta · Receivership (court-appointed)
Application
Application / notice of application · 8 November 2022
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 filing7 verified · 1 withheld
- applicantFORAGE SUBORDINATED DEBT LP III
- courtCOURT OF KING’S BENCH OF ALBERTA
- court file no2201-12935
- appointeeFTI Consulting Canada Inc.
- appointee rolereceiver and manager
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act, and section 65(7) of the Personal Property Security Act
- secured creditorsnote: Term loan facility maximum amount $10,000,000 (facility limit, not balance); guaranteed by Enterra Feed US Corporation, Enterra Feed US Sales Corporation, and Enterra Feed Marion Corporation pursuant to guarantees dated May 15, 2019 · page: 3 · as of: 2022-09-08 · amount: 9951780.82 · debtor: Enterra Feed Corporation · creditor: Forage Subordinated Debt LP III (formerly Avrio Subordinated Debt Limited Partnership III) · currency: CAD · security: General Security Agreement (May 15, 2019) - all present and after-acquired personal property, floating charge over undertaking and all present/after-acquired real and personal property, fixed and specific charge over title/interest, pledge/hypothecation of investment property; Assignment of Intellectual Property (May 15, 2019)
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.