Alberta · Interim receivership
Interim Receiver's First Report to Court
Court officer report · 24 November 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing7 verified
- secured creditorsnote: Stated as 'in excess of $3,700,000' plus interest and costs continuing to accrue - floor amount. Demand for payment made on/around October 31, 2025. Indebtedness further secured by personal guarantee(s) of a company director (Sajid Mohamad Ali). · page: 4 · as of: 2025-10-29 · amount: 3700000 · debtor: Allstar Trenching & Excavating Inc. and 2390850 Alberta Inc. · creditor: Servus Credit Union Ltd. · currency: CAD · security: General security interest in all present and after-acquired personal property and proceeds thereof (both debtors); also holds a registered Land Charge (Reg. No. 25103124897, registered 2025-10-31) against real property, and PPSA registrations covering the debtor's motor vehicles/equipment
- secured creditorsnote: Specific collateral only (accounts receivable); no balance stated · page: 27 · debtor: Allstar Trenching & Excavating Inc. · creditor: AJ Tisnic Holdings Corp. · currency: CAD · security: PPSA registration (Reg. No. 24060424709, dated 2024-06-04) - security interest limited to accounts receivable rendered on or before May 1, 2024
- secured creditorsnote: Individuals registered as secured parties at the same address as AJ Tisnic Holdings Corp.; possible related party · page: 28 · debtor: Allstar Trenching & Excavating Inc. · creditor: Keith Tisnic and Roberta Tisnic · currency: CAD · security: PPSA registration (Reg. No. 24060424967, dated 2024-06-04); collateral description not included in the excerpted pages
- secured creditorsnote: Individual balances not stated in PPR search results; aggregated per serialized-equipment financier (PMSI) class · page: 32 · debtor: Allstar Trenching & Excavating Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized-equipment purchase-money/lease security registrations: CNH Industrial Capital Canada Ltd. (2023 Case 580SV backhoe - Reg 24080123901; 2023 Kobelco SK210LC-11 excavator + Craig attachments, asserted first-priority PMSI - Reg 24080124928); PACCAR Financial Ltd./PACCAR Financial Services Ltd. (2025 Kenworth T880 & T480 - Reg 24081328007); Meridian OneCap Credit Corp. (ASV RT25 track loader - Reg 24082734384); Ford Credit Canada Company (2024 Ford F-150 x2 - Regs 24090406370, 24091304474); Mitsubishi HC Capital Canada Leasing, Inc. (2024 ASV RT-25 - Reg 24092708979); Toyota Credit Canada Inc. (2025 Toyota Sienna Hybrid - Reg 25013020919); Wells Fargo Equipment Finance Company (2024/2025 Bobcat L65 x3 - Reg 25100732984)
- secured creditorsnote: Judgment/execution creditor claim, distinct capacity from its equipment security agreements. Current amount owing stated as $74,604.00. · page: 45 · as of: 2025-10-02 · amount: 74604 · debtor: Allstar Trenching & Excavating Inc. · creditor: Sidhu and Sons Trucking Ltd. · currency: CAD · security: Writ of Enforcement (Reg. No. 25100231928) registered against the debtor's personal property; Edmonton Judicial Centre Court File No. 250320206
- secured creditorsnote: Distinct capacity from its judgment/execution creditor claim (see separate writ of enforcement entry); no balance stated · page: 47 · debtor: Allstar Trenching & Excavating Inc. · creditor: Sidhu and Sons Trucking Ltd. · currency: CAD · security: PPSA security agreements (Reg. Nos. 25100628843 and 25100635100, both dated 2025-10-06) over specified trucks and trailers (2019 Peterbilt, 2019 International, 2025 Kenworth, 2015 Kenworth, 2020/2021 Ford F550 flat decks, 2011 F350/XL, BWS low-bed trailer, Trail Tech tilt trailer, 2014 Toyota Tundra, EZ-Z load trailer)
- secured creditorsnote: Judgment/execution creditors; current amount owing stated as $4,522.84 · page: 56 · as of: 2025-10-17 · amount: 4522.84 · debtor: Allstar Trenching & Excavating Inc. · creditor: Challenger Fleet Management Services Ltd. and Budgetcar Inc. · currency: CAD · security: Writ of Enforcement (Reg. No. 25110629843) registered against the debtor's personal property; Edmonton Judicial Centre Court File No. 2503-22641