Alberta · Receivership (court-appointed)
Application to Appoint a Receiver, filed January 9, 2024
Application / notice of application · 9 January 2024
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 filing7 verified
- applicantATB FINANCIAL
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2401-00363
- appointeeBDO Canada Limited
- appointee rolereceiver and manager
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and section 13(2) of the Judicature Act, R.S.A. 2000
- secured creditorsnote: Plus accruing interest, fees, costs, and expenses. Mortgage principal amount of $8,800,000 is a registration/security ceiling, not an outstanding balance. · page: 3 · as of: 2024-01-09 · amount: 8564285.29 · debtor: Starke Capital Corp. (Borrower); 1637102 Alberta Ltd. (Guarantor) · creditor: ATB Financial · currency: CAD · security: General Security Agreement (Borrower, May 3, 2016); Collateral Mortgage (May 3, 2016, principal amount $8,800,000); General Assignment of Rents and Leases (May 3, 2016); General Security Agreement (Guarantor, July 2019); Continuing Guarantee (July 2019). Security perfected by registration.