Alberta · Receivership (court-appointed)
Receivership Order - Draft
Receivership order · 10 August 2026
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What we verified from this filing8 verified
- applicantNational Bank of Canada
- commencement date10 August 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2503 11203
- secured creditorsnote: NO AMOUNT IS STATED ANYWHERE IN THE ORDER — this entry records the existence and position of the security, not a balance. NBC appears as PLAINTIFF and the appointment is made on its application under s.243(1) BIA and s.65(7) PPSA, provisions available to a secured creditor, so its status is established by the order's own operative text rather than asserted here. The supporting valuations (Affidavits of Value sworn by Alison McGavigan, July 23, 2025) were filed UNFILED/confidential and their figures are not on these pages. · page: 1 · debtor: Luxor Land Ltd. and Mesa West Capital Corp. · creditor: National Bank of Canada · currency: CAD · security: the order appoints a receiver over the Azure Lands and Cascadia Lands (Edmonton) and related personal property “Pursuant to section 243(1) of the Bankruptcy and Insolvency Act … and sections 13(2) of the Judicature Act, 49(2) of the Law of Property Act, and 65(7) of the Personal Property Security Act” on NBC's application
- appointeeMNP Ltd.
- appointee roleReceiver
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act