Alberta · Receivership (court-appointed)
Application for the Appointment of Receiver dated November 23, 2023
Application / notice of application · 23 November 2023
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- applicantConnect First Credit Union Ltd.
- appointeeGrant Thornton LLP
- appointee rolereceiver and manager
- courtKing’s Bench Of Alberta
- court file no2301 15155
- secured creditorsnote: Original loan principal ($2,250,000) is facility amount, not balance; outstanding indebtedness stated as at Oct 31, 2023 plus accruing fees, costs and interest · page: 2 · as of: 2023-10-31 · amount: 2078613.63 · debtor: Dannburg Holdings Corporation Limited · creditor: Connect First Credit Union Ltd. · currency: CAD · security: General Security Agreement (collectively, the "Security"); Loan Agreement original principal amount $2,250,000.00
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act