Alberta · Receivership (court-appointed)
Receiver's Third Report to Court
Court officer report · 22 April 2025
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What we verified from this filing9 verified · 2 withheld
- cash on handnote: Balance held in receivership estate per Interim Statement of Receipts and Disbursements. · as at: 2025-04-16 · amount: 234768 · currency: CAD
- closing confirmedscope: the Wash Factory · outcome: completed · effective: 2025-02-28 · purchaser: Klair Group · date basis: stated · approval order date: 2025-02-19
- operational summaryThe Receiver maintained the car wash's operations, payroll, and banking functions until closing the sale to the Klair Group on February 28, 2025, after which it terminated the remaining employees and is now winding down the receivership estate.
- professional feesnote: Inclusive of GST; Receiver's counsel fees separately total $154,098.39 (inclusive of GST) as of February 28, 2025; combined professional fees total approximately $461,000. · party: Receiver (MNP Ltd.) · amount: 307769.07 · period: as of April 15, 2025 · currency: CAD
- purchaserKlair Group
- recovery outcomeentries: basis: actual · quote: This balance is net of the interim distribution of $5,250,000 paid in accordance with the Feb 19 Distribution Order. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 5250000 · cumulative: false · amount high: 5250000 · class label: Bank of Montreal · creditor name: Bank of Montreal · interim final: interim · claims qualifier: unstated; basis: actual · quote: In accordance with the Feb 19 Distribution Order the Receiver remitted payment in the amount of $2,737.11 for payroll source deductions and $22,780.51 for GST to CRA. · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 2737.11 · cumulative: false · amount high: 2737.11 · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated · stated on: 2025-04-21 · table missing:
- report date21 April 2025
- report noThird Report
- sale outcometext: The Receiver closed the sale transaction with the Klair Group on February 28, 2025. · scope: whole_business · status: closed
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.