Alberta · Receivership (court-appointed)
Application for Appoint a Receiver
Application / notice of application · 25 August 2026
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What we verified from this filing18 verified
- applicantCMLS FINANCIAL LTD. in its capacity as Trustee of COMPUTERSHARE TRUST COMPANY OF CANADA
- commencement date14 August 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2603-17850
- appointeeGrant Thornton Limited
- appointee rolereceiver and manager
- secured creditorsnote: Stated to be largest secured creditor of 226 Alberta; personal guarantees from Wei Han and Xiu Ling Cai (individuals) and corporate guarantees from 1839876 Alberta Ltd and 1733280 Alberta Ltd · page: 5 · as of: 2026-08-07 · amount: 13613618.2 · debtor: 2264356 Alberta Ltd. · creditor: CMLS Financial Ltd. (as trustee of Computershare Trust Company of Canada) · currency: CAD · security: CMLS Mortgage registered January 29, 2025 in the amount of $13,260,000 (registration 252 027 644); GSA (PPR reg 24112621832); General Assignment of Rents and Leases (reg 252 027 645); Assignment of Material Agreements; Assignment and Agreement of Interest Reserve ($1,007,760.00 plus accrued interest); Guarantees from Wei Han, Xiu Ling Cai, 1839876 Alberta Ltd, 1733280 Alberta Ltd
- secured creditorsnote: Priority Lien, registered ahead of CMLS Mortgage; CLP registered June 30, 2024 (242 188 971); no action commenced yet · page: 6 · as of: 2024-01-19 · amount: 318384 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: Pro-Western Mechanical Ltd. · currency: CAD · security: Builder's Lien registered January 19, 2024 (registration 242 019 226)
- secured creditorsnote: Registered principal amount, not a stated balance; CMLS states it has no information regarding this mortgage · page: 6 · as of: 2026-02-04 · debtor: 2264356 Alberta Ltd. · creditor: Pham Geomatics Solutions Inc. · currency: CAD · security: Mortgage registered February 4, 2026 in the amount of $800,000 (registration 262 040 544); Assignment of Rents and Leases (registration 262 040 545)
- secured creditorsnote: Priority Lien, registered ahead of CMLS Mortgage; related ABL Action seeks damages of $2,454,955.15 and $1,084,352.74 (holdback trust funds); no decision on merits · page: 6 · as of: 2024-01-10 · amount: 2500000 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: Above the Line Construction Ltd. (ABL) · currency: CAD · security: Builder's Lien registered January 10, 2024 (registration 242 009 511)
- secured creditorsnote: Priority Lien, registered ahead of CMLS Mortgage · page: 6 · as of: 2024-01-11 · amount: 174982 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: Urban Kitchen Cabinets Ltd. · currency: CAD · security: Builder's Lien registered January 11, 2024 (registration 242 010 252)
- secured creditorsnote: Registered after the CMLS Mortgage · page: 7 · as of: 2025-01-05 · amount: 3045 · debtor: 2264356 Alberta Ltd. · creditor: Starpro Doors Edmonton Ltd. · currency: CAD · security: Construction lien registered January 5, 2025 (registration 252 115 007)
- secured creditorsnote: Registered after the CMLS Mortgage · page: 7 · as of: 2025-11-18 · amount: 36666 · debtor: 2264356 Alberta Ltd. · creditor: Hello Fire Protection Corp. · currency: CAD · security: Writ registered November 18, 2025 arising from action number 2503-17544 (registration 252 299 138)
- secured creditorsnote: Tax arrears on the Lands as of stated date; municipal tax notification · page: 7 · as of: 2026-08-10 · amount: 587412.55 · debtor: 2264356 Alberta Ltd. · creditor: City of Edmonton · currency: CAD · security: Tax Notification registered April 21, 2026 (registration 262 124 305)
- secured creditorsnote: Priority Lien; Summary Judgment Order May 12, 2026 granted judgment of $94,312.54 plus interest, costs awarded $1,000; original lien amount $94,312 in prose · page: 9 · as of: 2026-05-12 · amount: 94312.54 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: 307086 Alberta Ltd. · currency: CAD · security: Builder's Lien registered February 3, 2024 in amount of $94,312 (registration 242 035 416)
- secured creditorsnote: Priority Lien; amended Summary Judgment Order Dec 19, 2025 awarded judgment of $53,130 principal + $5,316.81 pre-judgment interest + $12,500 costs = $70,946.81 total; original lien amount $53,130 in prose; writ registered March 3, 2026 for $58,446 plus costs (registration 262 101 626) · page: 9 · as of: 2025-12-19 · amount: 70946.81 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: Stone Solutions Inc. · currency: CAD · security: Builder's Lien registered January 20, 2024 in amount of $53,130 (registration 242 021 493)
- secured creditorsnote: Priority Lien; declared valid in this amount by Order June 23, 2026 · page: 10 · as of: 2026-06-23 · amount: 31907 · debtor: 2264356 Alberta Ltd. (formerly GH Development & Construction Inc.) · creditor: Constructive Solutions (Edmonton) Ltd. · currency: CAD · security: Builder's Lien registered February 13, 2024 (registration 242 044 420)
- secured creditorsnote: Lien and CLP discharged, but understood that this amount is being held by the Court in relation to the KDH Action (Court File No. 2403 02763); status uncertain ("currently understood") · page: 10 · amount: 385690.01 · debtor: 2264356 Alberta Ltd. (formerly GH Development) · creditor: KDH Drywall (2012) Ltd. · currency: CAD · security: KDH Lien (registration 232 363 727) and KDH CLP (registration 242 108 076), both discharged from title