Alberta · Receivership (court-appointed)
Application - Form 27 (Filed)
Application / notice of application · 5 January 2026
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What we verified from this filing9 verified · 1 withheld
- applicantBANK OF MONTREAL
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2503 25728
- appointeeErnst & Young Inc.
- appointee rolereceiver and manager
- secured creditorsnote: Indebtedness stated as three separate component amounts, not summed by the document: (a) $2,076,679.12; (b) $436,441.36; (c) $316,656.63, each plus interest at Prime + 3.00% from Dec 30, 2025, plus costs on a solicitor-and-own-client basis. · page: 2 · as of: 2025-12-30 · debtor: 5 Star Operations Holding Ltd. and 5 Star Services and Products Inc. (cross-guaranteed) · creditor: Bank of Montreal (BMO) · currency: CAD · security: Mortgage of Land, General Assignment of Rents and Leases, and Security Agreement (Holding GSA) over all present and after-acquired personal and real property of Holding, perfected at Alberta PPR and Alberta Land Titles Office; Security Agreement (Services GSA) over all present and after-acquired personal and real property of Services, perfected at Alberta PPR
- statutory basissection 243 of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 65(7) of the Personal Property Security Act and section 49 of the Law of Property Act
- secured creditorsnote: Deemed trust claim; unpaid GST. Stated as a floor: 'at least ... $250,000.00 of unpaid GST'. · page: 4 · amount: 250000 · debtor: 5 Star Services and Products Inc. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Deemed trust claim; source deduction arrears. Stated as a floor: 'remains indebted to Canada Revenue Agency for at least $1,050,000.00'. Related Enhanced Requirement to Pay (up to $1,062,767.09) issued Aug 22, 2025 was cancelled Sept 12, 2025. · page: 4 · amount: 1050000 · debtor: 5 Star Services and Products Inc. · creditor: Canada Revenue Agency · currency: CAD
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.