Alberta · Receivership (court-appointed)
Receiver's Fifth Report
Court officer report · 29 November 2021
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 filing6 verified
- cash on handnote: Penhold Crossing Plaza Ltd. cash balance per Exhibit 1.0 statement of receipts and disbursements · as at: 2021-11-25 · amount: 3749 · currency: CAD
- disbursementsnote: Includes $44,000 repayment of Receiver's certificate · since: November 8, 2019 (Receivership Date) to November 25, 2021 · amount: 283715 · currency: CAD
- operational summaryPenhold Crossing's strip mall bays remain vacant, with only the 196 convenience store, Esso gas station, car wash and Tim Hortons operating onsite; the Receiver has deferred part of 196's rent owed to Penhold Crossing to keep the operations running pending a court-approved sale to 167 AB Ltd.
- receipts cumulativenote: Includes $44,000 of Receiver's certificate borrowings, which were repaid within the period · since: November 8, 2019 (Receivership Date) to November 25, 2021 · amount: 287465 · currency: CAD
- report date29 November 2021
- report noFifth Report