Alberta · Receivership (court-appointed)
Application
Application / notice of application · 9 January 2026
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 filing8 verified
- applicantServus Credit Union Ltd.
- commencement date9 January 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2503 23334
- appointeeMNP Ltd.
- appointee rolereceiver and manager
- secured creditorsnote: Mortgage secures registered principal of $7,670,000.00 (not the outstanding balance); outstanding indebtedness is the amount shown, as of December 30, 2025. · page: 2 · as of: 2025-12-30 · amount: 6868218.44 · debtor: 1109079 Alberta Inc. · creditor: Servus Credit Union Ltd. · currency: CAD · security: General Security Agreement (GSA) and Mortgage securing $7,670,000.00 (registered principal), plus interest, plus solicitor-client costs
- statutory basissection 243 of the Bankruptcy and Insolvency Act, RSC 1985 c B-3