Alberta · Receivership (court-appointed)
Seventh Report of the Receiver
Court officer report · 9 December 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing6 verified
- closing confirmedscope: the Camrose Casino · outcome: completed · effective: 2025-03-31 · purchaser: Capital City Casinos Ltd. · date basis: stated · approval order date: 2025-02-21; scope: the Camrose Resort Casino Hotel (the 'CRC') · outcome: completed · effective: 2025-07-31 · purchaser: Rose Country Investments Ltd. · date basis: stated · approval order date: 2025-07-14
- process resultslois: 9 · note: Phase 1 Qualified LOIs and multiple Phase 2 Qualified Bids received under the SISP
- purchaser10042123 Manitoba Ltd.; Capital City Casinos Ltd.; Rose Country Investments Ltd.
- recovery outcomeentries: basis: unstated · quote: As the Accepted Claims and ATM Cash Allowed Claim will be satisfied in full (with the ATM Cash Holdback being held by the Receiver pending resolution of the ATM Cash Disallowed Claim), the · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: receiver · class label: Accepted Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As the Accepted Claims and ATM Cash Allowed Claim will be satisfied in full (with the ATM Cash Holdback being held by the Receiver pending resolution of the ATM Cash Disallowed Claim), the · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: ATM Cash Allowed Claim · creditor name: ATM · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The Receiver respectfully requests approval from this Honourable Court to make distributions of the proceeds of the Capital City Transaction to (1) claimants with Accepted Claims; (2) ATM with respect to the ATM Cash Allowed Claim; and (3) ATB of $2,500,000 which represents the Remaining Capital City Proceeds less a reserve, including professional fees incurred in relation to the Camrose Casino and costs to continue the administration of the receivership. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 2500000 · amount high: 2500000 · class label: ATB · creditor name: ATB · interim final: unstated · claims qualifier: unstated · stated on: 2025-12-08 · table missing:
- sale advisorAvison Young
- sale outcometext: Receiver's request for approval of the 1004 PSA to be heard December 19, 2025 · scope: parcel · status: pending_approval