Alberta · Receivership (court-appointed)
Receiver's Fourth Report - 7 Jun 2021
Court officer report · 7 June 2022
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 filing6 verified
- cash on handnote: Ending cash balance per Statement of Receipts and Disbursements for Penhold Crossing Plaza Ltd. · as at: 2021-06-01 · amount: 16198 · currency: CAD
- disbursementsnote: Includes repayment of Receiver's certificate, property taxes, utilities, insurance, repairs & maintenance, license fee, and bank charges for Penhold Crossing Plaza Ltd. · since: November 8, 2019 (Receivership Date) · amount: 241494 · currency: CAD
- operational summaryThe Receiver continues to operate the convenience store, gas station, car wash, and Tim Hortons at the Property, while the remaining strip mall bays stay vacant, and is negotiating a sale of the Debtors' assets pursuant to an unsolicited offer after prior successful bidders failed to close.
- receipts cumulativenote: Includes rental income, Receiver's certificate proceeds, insurance refund, and cash in bank for Penhold Crossing Plaza Ltd. · since: November 8, 2019 (Receivership Date) · amount: 257692 · currency: CAD
- report date7 June 2021
- report noFourth Report