Alberta · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 6 November 2023
What we verified from this filing4 verified
- secured creditorsnote: Identified as one of the primary economic stakeholders/secured lenders of VNFG LP; no amount stated · page: 7 · debtor: Ventures North Financial Group Limited Partnership (VNFG LP) · creditor: Servus Credit Union · currency: CAD
- secured creditorsnote: Identified as one of the primary economic stakeholders/secured lenders of VNFG LP; no amount stated · page: 7 · debtor: Ventures North Financial Group Limited Partnership (VNFG LP) · creditor: Prairie Centre Credit Union · currency: CAD
- secured creditorsnote: Individual/applicant; related party (also the largest unsecured creditor of VNFG LP, holding ~90% of total estimated unsecured liabilities); no amount stated for the secured portion · page: 7 · debtor: Ventures North Financial Group Limited Partnership (VNFG LP) · creditor: Fredrick North · currency: CAD · security: Security obtained with respect to professional fees
- secured creditorsnote: Understood presently to be the first ranking secured creditor with respect to 23 Appleton; also identified as one of the primary economic stakeholders/secured lenders of VNFG LP; distribution subject to confirming validity/enforceability of its security; no balance stated · page: 12 · debtor: Ventures North Financial Group Inc./VNFG LP · creditor: Cornerstone Credit Union Financial Group Limited · currency: CAD