Alberta · Receivership (court-appointed)

Affidavit of Hyuk Jae Park

Affidavit · 10 January 2024

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 filing1 verified

secured creditorsnote: Related party: founder/director and sole secured creditor per affiant; secures demand promissory note, principal amount stated (no separate balance figure given) · page: 6 · as of: 2023-12-24 · amount: 800000 · debtor: CatalX CTS Ltd. · creditor: Hyuk Jae Park · currency: CAD · security: General security agreement charging all present and after-acquired personal property of CatalX (registered at PPR Alberta and British Columbia)