Alberta · Receivership (court-appointed)
Receivership Application – Filed April 30, 2026
Application / notice of application · 30 April 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 date30 April 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2603 09408
- appointeeBDO Canada Limited
- appointee rolereceiver and manager
- secured creditorspage: 2 · as of: 2026-04-28 · amount: 2894011.17 · debtor: Northern Weld Arc Ltd. · creditor: Servus Credit Union Ltd. · currency: CAD · security: General Security Agreement
- statutory basissection 243 of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 49 of the Law of Property Act and 65(7) of the Personal Property Security Act