Alberta · Receivership (court-appointed)
Notice & Statement
Notice of receiver (s. 245 / Form 87) · 26 February 2021
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What we verified from this filing8 verified
- secured creditorsnote: Estimated amount owed as of Receiver's appointment; described as estimate · page: 1 · as of: receivership appointment (February 17, 2021) · amount: 7800000 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: 1082476 Alberta Inc. · currency: CAD · security: Security interest in Property
- secured creditorsnote: Estimated amount owed as of Receiver's appointment · page: 1 · as of: receivership appointment (February 17, 2021) · amount: 1660000 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: Stercus Accidit · currency: CAD · security: Security interest in Property
- secured creditorsnote: Estimated amount owed as of Receiver's appointment · page: 1 · as of: receivership appointment (February 17, 2021) · amount: 2083333 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: Luxe London · currency: CAD · security: Security interest in Property
- secured creditorsnote: Estimated amount owed as of Receiver's appointment · page: 1 · as of: receivership appointment (February 17, 2021) · amount: 3675000 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: Morgan Investments Group · currency: CAD · security: Security interest in Property
- financial positionnote: Total assets figure is Land value approximation per footnote (1); total liabilities is sum of secured creditor estimates plus municipal taxes as stated in document (Total Approximation $15,274,775.17) · page: 2 · as at: 2021-02-17 · basis: Receiver's estimate based on current listing price with commercial realtor and estimated amounts owed · scope: Property owned by 104 Avenue (Edmonton) Development Corp. only (not full corporate balance sheet) · currency: CAD · total assets: 14500000 · total liabilities: 15274775.17
- secured creditorsnote: Estimated amount owed as of Receiver's appointment · page: 2 · as of: receivership appointment (February 17, 2021) · amount: 56442.17 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: City of Edmonton · currency: CAD · security: Security interest in Property (likely municipal tax arrears)
- unsecured creditorsnote: Value listed at $1.00 where current amount owed not yet known, per footnote on page 2 · page: 3 · basis: Listed in Exhibit A of Notice and Statement of Receiver · amount: 1 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Value listed at $1.00 where current amount owed not yet known, per footnote on page 2 · page: 3 · basis: Listed in Exhibit A of Notice and Statement of Receiver · amount: 1 · debtor: 104 Avenue (Edmonton) Development Corp. · creditor: Alberta Finance · currency: CAD