Alberta · Bankruptcy
Creditor Package
Meeting materials · 11 February 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing19 verified
- appointeeHudson & Company Insolvency Trustees Inc.
- appointee roletrustee
- commencement date9 February 2026
- court file no25-3331294
- proceeding typebia_bankruptcy
- provinceAlberta
- statutory basisSubsection 102(1) of the Act
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Secured creditors stated as $0.00 (line 1, Liabilities) - document reports no secured creditors. Deficiency of $2,655,303.68 shown on Statement of Affairs. · page: 3 · as at: 2026-02-09 · basis: Statement of Affairs (Form 78) - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · scope: entity - Guardyan Conservation Corp. · currency: CAD · total assets: 8375.68 · total liabilities: 2663679.36
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 16908.76 · debtor: Guardyan Conservation Corp. · creditor: McLeod & Company LLP · currency: CAD
- unsecured creditorsnote: Litigation/legal costs and awards - contingent claim from lawsuit against Guardyan (per reasons for insolvency: 'Company was sued by Vivid Theory and Guardyan ran out of money to defend the claim'); $1.00 unsecured plus $1,750,000.00 contingent, total amount of claim $1,750,001.00; disputed/contingent, security valuation not applicable · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1750001 · debtor: Guardyan Conservation Corp. · creditor: Vivid Theory · currency: CAD
- unsecured creditorsnote: Shareholder loans; related party - Jana McDonald signed the Statement of Affairs and Assignment as the debtor's authorized representative/director · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 147015.39 · debtor: Guardyan Conservation Corp. · creditor: Jana McDonald · currency: CAD
- unsecured creditorsnote: Contingent claim; nominal placeholder amount as stated ($1.00) · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Guardyan Conservation Corp. · creditor: Kaila Stepanic · currency: CAD
- unsecured creditorsnote: Listed as counsel for Vivid Theory; nominal placeholder amount as stated ($1.00) · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Guardyan Conservation Corp. · creditor: Foster Richmond LLP · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 700000 · debtor: Guardyan Conservation Corp. · creditor: Fahd Zaidi · currency: CAD
- unsecured creditorsnote: Corporate taxes; separate line from the deemed trust payroll claim; nominal amount as stated ($1.00) · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Guardyan Conservation Corp. · creditor: CRA - Tax - Prairies · currency: CAD
- unsecured creditorsnote: Payroll deemed trust claim (CRA deemed-trust class); listed under contingent/trust claims column, total amount of claim $18,751.21 · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 18751.21 · debtor: Guardyan Conservation Corp. · creditor: CRA - Tax - Prairies · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-09 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 31000 · debtor: Guardyan Conservation Corp. · creditor: Calgary Flames Association · currency: CAD
- secured creditors