Alberta · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · 14 February 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 filing4 verified
- purchaserCapital City Casinos Ltd.
- recovery outcomeentries: basis: estimated · quote: The Receiver expects that the net proceeds from the Revised Capital City APA will be in excess of the total liabilities of the Camrose Casino and that excess proceeds, after all liabilities of Camrose Casino are satisfied in full would be available for distribution to Mayfield. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: receiver · class label: liabilities of the Camrose Casino · interim final: unstated · claims qualifier: unstated · stated on: 2025-02-14 · table missing:
- sale advisorAvison Young
- sale outcometext: Receiver's request for approval of the Revised Capital City APA to sell the business and assets of Camrose Casino to Capital City · scope: parcel · status: pending_approval