Alberta · Receivership (court-appointed)
Order of Justice Macklin (Receivership Order)
Receivership order · 12 August 2026
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 filing9 verified
- applicantRoyal Bank of Canada
- appointee rolereceiver and manager
- commencement date12 August 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2603-17294
- appointeeGlassRatner Restructuring Inc.
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act
- secured creditorsnote: RBC is the applicant on whose application GlassRatner Restructuring Inc. was appointed receiver and manager of all the Debtors' property under s. 243(1) BIA on August 12, 2026 (p. 1-2); the order recites no indebtedness amount and no security particulars. · page: 11 · debtor: Chinook Farms Innovations Inc., PMI Corp. and Pro-Line Manufacturing Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Unspecified — the order refers to RBC's costs being 'provided for by the terms of the Plaintiff's security or, if not so provided by RBC's security' without describing it (para 32)
- presiding officerJustice Macklin