Alberta · Receivership (court-appointed)
Receivership Application
Application / notice of application · 5 July 2024
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What we verified from this filing2 verified
- secured creditorsnote: No stated outstanding balance in document; demand for payment made on or about April 9, 2024 with concurrent NOI under s.244 BIA; also guaranteed by Richard McNeill (personal guarantor/director) and by 145 Alberta Ltd. (related-party cross-guarantee) · page: 2 · debtor: Amalgamated Heating Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated September 6, 2022 (AH GSA) - security interest in all present and after-acquired personal property; secures AH Direct Indebtedness and AH Indirect Indebtedness (145 Direct Indebtedness guaranteed by AH Ltd.); perfected by registration at Alberta PPR
- secured creditorsnote: No stated outstanding balance in document; demand for payment made on or about April 9, 2024 with concurrent NOI under s.244 BIA; also guaranteed by Richard McNeill (personal guarantor/director) and by Amalgamated Heating Ltd. (related-party cross-guarantee) · page: 3 · debtor: 1451728 Alberta Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Collateral Mortgage dated September 20, 2022 securing principal sum of $3,500,000.00 plus interest at prime + 5.00% (registered principal, not stated balance) over described lands; Assignment of Rents dated September 20, 2022; General Security Agreement dated September 6, 2022 over all present and after-acquired real and personal property (145 GSA); secures 145 Direct Indebtedness and 145 Indirect Indebtedness (AH Direct Indebtedness guaranteed by 145 Ltd.); perfected by registration at Alberta PPR and Alberta Land Titles Registry