Alberta · Interim receivership
Second Report of the Receiver
Court officer report · 11 July 2025
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 summaryThe Receiver has substantially completed realization of Northlink's assets, closing sales to two purchasers and disposing of joint venture assets, and is now pursuing remaining accounts receivable (Greenfield claim, disputed Barminco balance) and potential corporate tax refunds while proposing an interim distribution to TD.
- professional feesnote: Includes fees of $470,808.00, disbursements of $37,095.85, and GST of $25,395.19; MLT (Receiver's legal counsel) fees for the same period totaled $199,456.50 plus disbursements of $1,032.74 and GST of $10,007.06, for a total of $210,496.30. · party: Receiver (PricewaterhouseCoopers Inc.) · amount: 533299.04 · period: April 24, 2024 to May 31, 2025 · currency: CAD
- report date11 July 2025
- report noSecond Report