Alberta · Receivership (court-appointed)
Receivership Notice
Notice to creditors · 22 December 2010
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 filing49 verified
- financial positionnote: Fair market value of the Project not yet known at time of statement; liabilities total includes secured, preferred (blank/nil), and unsecured creditors per Notice and Statement of Receiver · page: 1 · as at: 2010-12-15 · basis: Net book value per Entity's records · scope: Entity - Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership (combined) · currency: CAD · total assets: 41415808 · total liabilities: 27582427
- secured creditorsnote: Per books and records as at December 15, 2010 · page: 3 · as of: 2010-12-15 · amount: 15476940 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Bank of Montreal and Alberta Treasury Branch · currency: CAD · security: Bank Debt
- secured creditorsnote: Secured Creditor - GST · page: 3 · as of: 2010-12-15 · amount: 23050 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Canada Revenue Agency · currency: CAD · security: GST Payable
- secured creditorsnote: Document itemizes individual customer deposit holders (page 3-4) summing to this total as reported; individual amounts range from ~$10,000 to ~$48,930 plus 'Other unknown customers' $160,685 · page: 4 · as of: 2010-12-15 · amount: 1408197 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Customer Deposits (aggregate, itemized individual depositors) · currency: CAD · security: Customer deposits held in trust
- secured creditorsnote: Itemized list of 27 individual reservation depositors each holding $5,000 secured deposits · page: 5 · as of: 2010-12-15 · amount: 135000 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Reservation Deposits (aggregate, itemized individual depositors) · currency: CAD · security: Reservation deposits, each $5,000
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 170 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Alberta New Home Warranty · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 11558 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Alberta Hardwood Flooring 1985 (Ltd.) Calgary · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 365 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: All Weather Windows Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 137 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: A+ Quality Repair Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 5240 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Bennett Jones LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 15572 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Century 21 Bamber Realty Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 2057 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Custom Electric Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 2074 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Dewinton Excavation and Landscaping Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 929 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Dewinton Maintenance · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 625 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Diamond Fireplace Distributors · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 5564 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Home Solutions Corporation · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 849800 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Hoover Mechanical Plumbing & Heating Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 851 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Jade Stone Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 13521 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Jubilee Engineering Consultant · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 1365 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Kassian Dyck Associates · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 14215 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Legacy Kitchen N Design Group · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 184 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Minister of Finance · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 1350 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: MPN Electrical Ltd · currency: CAD
- unsecured creditorsnote: Also appears as secured customer depositor $24,743 in different capacity · page: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 5880 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Norr Architects Planners · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 630 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Rachel Sorgi · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 18260 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Renfrew Insurance Ltd · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 265 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Rona · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 53 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Riley's Reproductions & Printing Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 181 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Signature Lighting & Fans Ltd. · currency: CAD
- unsecured creditorsnote: Related party - Statesman group entity · page: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 891972 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Statesman Master Builders Inc · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 818 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Suncare Cleaning Services Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 7377 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: S & V Painting & Decorating Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 637 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Conasys Consumer Assurance Inc · currency: CAD
- unsecured creditorsnote: Also appears as secured customer depositor $50,000 in different capacity · page: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 8282 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: TDL Drywall Inc · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 1749 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: 1287139 Alberta Inc c/o Dean Svenson · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 765 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: AAA Doors Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 3109 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Canwest Propane · currency: CAD
- unsecured creditorspage: 5 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 7509 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Alavrez & Garcia Services Ltd. · currency: CAD
- unsecured creditorspage: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 7297 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Tri-Jay Carpet · currency: CAD
- unsecured creditorspage: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 1009 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Watson Irrigation Ltd. · currency: CAD
- unsecured creditorsnote: Unidentified trade creditors aggregate · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 90128 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Miscellaneous Unknown · currency: CAD
- unsecured creditorsnote: Cash call payable; possible related party · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 2707338 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Matco Investments Ltd. · currency: CAD
- unsecured creditorsnote: Cash call payable; related party - Statesman group entity · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 4813872 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Statesman Group of Companies Ltd. · currency: CAD
- unsecured creditorsnote: Cash call payable · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 173050 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: 898294 Alberta Ltd. · currency: CAD
- unsecured creditorsnote: Cash call payable · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 568541 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Milne Law Office Management Ltd. · currency: CAD
- unsecured creditorsnote: Cash call payable · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 7500 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: 1164136 Alberta Ltd. · currency: CAD
- unsecured creditorsnote: Cash call payable · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 74375 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Ingalls Holdings Ltd. · currency: CAD
- unsecured creditorsnote: Accrued interest on cash call payable · page: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 217214 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Interest on Cash call · currency: CAD
- unsecured creditorspage: 6 · as of: 2010-12-15 · basis: per books and records as at December 15, 2010 · amount: 5852 · debtor: Statesman Riverside Quays Ltd. and Riverside Quays Limited Partnership · creditor: Trail Appliances Ltd. · currency: CAD