Alberta · Receivership (court-appointed)
Receivers First Report
Court officer report · 10 July 2025
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 filing12 verified
- applicantTHE BANK OF NOVA SCOTIA
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2401-04463
- appointeeHudson & Company Insolvency Trustees Inc.
- appointee rolereceiver and manager
- commencement date10 January 2025
- cash on handas at: 2025-07-10 · amount: 110703.32 · currency: CAD
- disbursementsnote: Largest item is City of Calgary property taxes of $351,000.27; the statement lists no professional fees. · since: 2025-01-10 · amount: 475248.34 · currency: CAD
- operational summaryThe Debtor holds a single leased daycare building in Calgary; the Receiver collects rent from the sole tenant, has paid property tax arrears, insured and repaired the Property, and is considering the existing offers and a further listing and sale process after the first listing expired without a sale.
- receipts cumulativenote: Includes rental income $557,580.76, GST collected $27,879.04 and interest income $491.86. · since: 2025-01-10 · amount: 585951.66 · currency: CAD
- report date10 July 2025
- report noFirst Report