Alberta · Receivership (court-appointed)

First Report of the Receiver - 1975847 Alberta Ltd.

Court officer report · 29 June 2023

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 filing2 verified

secured creditorsnote: Described as 'approximately $7.1 million'; primary secured lender of 197 · page: 8 · as of: Date of Receivership (May 15, 2023) · amount: 7100000 · debtor: 1975847 Alberta Ltd. · creditor: Bank of Montreal (BMO) · currency: CAD · security: Security over all present and after-acquired personal property of 197; registered security against the 197 Property (1496 Brier Park, Medicine Hat)
secured creditorsnote: Amount described as approximate ('approximately $521,000'); represents property taxes and utilities owing to the municipality · page: 8 · as of: date of this First Report · amount: 521000 · debtor: 1975847 Alberta Ltd. · creditor: City of Medicine Hat · currency: CAD · security: Tax notification registered against the 197 Property on April 26, 2023 (municipal property tax lien)