Alberta · Receivership (court-appointed)
Application to Appoint a Receiver, filed August 12, 2024
Application / notice of application · 12 August 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 filing9 verified
- applicantConcentra Financial Services Association
- courtCOURT OF KING’S BENCH OF ALBERTA
- court file no2401 09862
- appointeeBDO Canada Limited
- appointee roleReceiver and Manager
- commencement date17 July 2024
- secured creditorsnote: Outstanding amount of Loans, exclusive of costs, as at July 9, 2024; demand issued March 7, 2024 · page: 3 · as of: 2024-07-09 · amount: 26595287.19 · debtor: Vista Heights Management Limited · creditor: Concentra Financial Services Association · currency: CAD · security: Mortgage dated June 27, 2013 (Instrument No. 131 153 901); site-specific General Security Agreement (registered June 24, 2013); General Assignment of Rents and Leases (Instrument No. 131 153 902); Assignment of Insurance Proceeds; Assignment and Postponement of Claims; Assignment of Parking License; Share Pledge Agreement by shareholders of Borrower
- statutory basisSection 243 of the Bankruptcy and Insolvency Act and Section 13(2) of the Judicature Act
- secured creditorsnote: Listed as subsequent encumbrancer on service list; amount not stated · page: 5 · debtor: Vista Heights Management Limited · creditor: Amec Foster Wheeler Canada Ltd. (fka Foster Wheeler Canada Ltd.) · currency: CAD · security: Registration number: 131 176 360 (subsequent encumbrancer)