Alberta · Receivership (court-appointed)
Second Report of the Trustee
Court officer report · 9 March 2026
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 filing4 verified
- operational summaryRBee's gravel crushing business ceased seasonal operations by the end of 2021 and the company went into receivership and then bankruptcy in 2022; the Trustee's current activity concerns administering a settlement with related parties and seeking approval to distribute the resulting Net Funds to the secured creditor rather than any ongoing business operations.
- recovery outcomeentries: basis: estimated · quote: The outstanding secured debt owing to Crown is in excess of the Net Funds and the potential recovery from the receivable litigation. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: Crown · claims amount: 21200000 · creditor name: Crown Capital Partner Funding, LP · interim final: unstated · claims qualifier: estimated · stated on: 2026-03-09 · table missing:
- report date9 March 2026
- report noSecond Report