Alberta · Receivership (court-appointed)
Notice & Statement of Receiver - May 27, 2019.pdf
Notice to creditors · 27 May 2019
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 filing5 verified
- financial positionnote: Assets at date of receivership believed to include Equipment, Accounts Receivable, Property, and Motor Vehicles, all listed as 'Unknown'. Receiver has not been provided access to books and records or asset locations, and list of other creditors is unavailable at this time due to lack of Company books and records. · page: 1 · basis: estimated book value · scope: Terra Nova Construction Ltd. · currency: CAD
- secured creditorsnote: Described as 'primary secured creditor', owed approximately $5,472,982, plus interest · page: 1 · as of: May 17, 2019 (date of receivership) · amount: 5472982 · debtor: Terra Nova Construction Ltd. · creditor: Royal Bank of Canada · currency: CAD
- secured creditorsnote: Amount not stated · page: 1 · debtor: Terra Nova Construction Ltd. · creditor: Auto One Group Limited · currency: CAD · security: Registered security interest and/or charge on Company's property
- secured creditorsnote: Amount not stated · page: 1 · debtor: Terra Nova Construction Ltd. · creditor: Holand Leasing 1995 Ltd · currency: CAD · security: Registered security interest and/or charge on Company's property
- secured creditorsnote: Amount not stated · page: 1 · debtor: Terra Nova Construction Ltd. · creditor: Olympia Trust Company · currency: CAD · security: Registered security interest and/or charge on Company's property