BTB Property Holdings Ltd., Miller Meadows Development Corp., 2062644 Alberta Ltd. and 2062646 Alberta Ltd..
Overview
The Bowra Group Inc. was appointed Receiver Manager (the “Receiver”) of BTB Property Holdings Ltd., Miller Meadows Development Corp., 2062644 Alberta Ltd. and 2062646 Alberta Ltd.(collectively the “Companies”) on April 9, 2020 pursuant to a Court Order of the Court of Queen’s Bench of Alberta.
The Companies owned and operated a 57-unit Econo Lodge Motel and a ~6,306 square foot Ricky’s Family Restaurant, sitting on a 1.78-acre site in Brooks, Alberta.
File Updates:
The Bowra Group Inc. in its capacity as Court appointed Receiver of BTB, Miller Meadows, 644 and 646, is requesting offers to purchase the Companies’ property and assets of the hotel and restaurant located at:
-
1119 2 Street West, Brooks, Alberta.
All inquires and interested parties please contact:
Ryan Murphy
(403)-456-5582
The Receiver in accordance with its powers under and pursuant to the Receivership Orders, is applying to the Court for an Order approving the sale of the Companies’ assets and vesting title to a purchaser free and clear of all encumbrances. The Receiver’s application is scheduled to be heard at the Edmonton Law Courts at 10:00 a.m. MST on Friday November 27, 2020. Please be advised that due to rising COVID-19 concerns the application will be proceeding by way of teleconference. There is no necessity for you to attend however, should you wish to appear please contact Kristin Gray (kgray@bowragroup.com) to make arrangements. All application documents, including, the Receiver’s First Report to Court dated November 16, 2020 are posted below.
On December 4, 2020, the Court of Queen’s Bench of Alberta granted an Order vesting title and approving the sale of the Company’s assets to 2300189 Alberta Ltd.
Application Materials - Approval and Vesting Order:
Application for an Order Approving Sale and Vesting Title
Receiver’s First Report to Court – November 16, 2020
Brief of Law of the Receiver – November 16,2020
Letter to Commercial Coordinator – November 16, 2020
Letter to Service List – November 16, 2020
Letter to Unsecured Creditors – November 16, 2020
Draft Approval and Vesting Order
Court Orders:
Receivership Order – April 9, 2020
Approval and Vesting Order – December 4, 2020