Alberta · Receivership (court-appointed)
Proposal Trustee's Third and Final Report
Court officer report · 29 June 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 filing7 verified
- disbursementsnote: From Proposal Scenario January 22, 2026 column of comparative summary table · since: Proposal implementation / Final SRD period · amount: 242674 · currency: CAD
- operational summaryCatalx has ceased operations following the wind-down of its crypto trading platform; the Proposal has been fully performed and the Proposal Trustee is now seeking its discharge following resolution of a creditor objection and taxation hearing.
- professional feesnote: Excludes GST and disbursements; Proposal Trustee voluntarily absorbed a loss of approximately $232,100 (plus GST), representing 57.6% of cumulative fees. · party: Proposal Trustee and legal counsel · amount: 462100 · currency: CAD
- receipts cumulativenote: From Proposal Scenario January 22, 2026 column of comparative summary table · since: Proposal implementation / Final SRD period · amount: 320768 · currency: CAD
- recovery outcomeentries: basis: liquidation_alternative · quote: The Proposal Trustee is of the view, notwithstanding the quantum of proven claims, the recovery to creditors in the Proposal remains more advantageous than a bankruptcy assignment given there would have been no recovery to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Proposal Trustee issued a second notice on June 08, 2026, which included an amended statement of receipts and ASRD the total available to distribute amounts to $69,286, across total proven creditors amounting to $23,111,520.58. The recoveries to unsecured creditors, based on proven claims, was revised down to 0.30% · pct of: proven_claims · outcome: distribution · pct low: 0.3 · pct high: 0.3 · class key: unsecured · stated by: proposal_trustee · amount low: 69286 · amount high: 69286 · class label: unsecured creditors · claims amount: 23111520.58 · interim final: unstated · conditional on: includes a 5% levy payable to the Office of the Superintendent of Bankruptcy · claims qualifier: proven · stated on: 2026-06-29 · table missing:
- report date29 June 2026
- report noThird Report